Intel is planning to build two new chip factories in Europe, and possibly more, as part of a plan to invest as much as $95 billion on semiconductor manufacturing in the region over the next decade, reported The Wall Street Journal. This is the latest example of the strategic direction Intel CEO Pat Gelsinger has pursued since taking the helm in February, which includes making chips for other...
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Meta’s Resistance to Sharing Ad Sales Starts to Crumble
For at least a year, one question has hung over Meta Platforms-owned Facebook and Instagram: whether the apps will introduce a way to share a cut of ad revenues with more creators, similar to how YouTube pays video-makers. Our story today by Sylvia and Kaya goes deep into the debate at Meta over introducing ad-revenue sharing, which some staff viewed as a slippery slope, and a parallel argument...
Intel Cuts Salaries Amid Grim Outlook
AMD Forecasts Sales Slowdown Due to Weak PC Demand
Snap Warns Revenue Could Fall 10% This Quarter
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Meta Insiders Debate Key Issue for Reels: Whether to Share Ad Dollars With Creators