Tech Brew Ride Home Fri. 04/16 – Chip Shortage To Continue; Sucks For Everyone, Basically
Apr 16, 2021
Tech giants warn the global chip shortage could persist for years, affecting industries everywhere. Facebook faces legal troubles over a data breach, while the debate continues about whether Apple truly pays artists more than Spotify. Dogecoin makes waves with a 400% price surge, combining memes and cryptocurrency in a fascinating way. Additionally, examine Microsoft's recent acquisition of Nuance and its implications for AI, all set against the backdrop of rising US-China tensions in the tech sector.
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Chip Shortage Outlook
- The global chip shortage is predicted to last into 2023, impacting various industries.
- Intel, NVIDIA, and TSMC CEOs have offered grim estimates, citing capacity building challenges.
Facebook Data Breach Lawsuit
- Facebook faces a mass action lawsuit in Europe due to a data breach involving 533 million accounts.
- This follows a similar GDPR fine against Twitter, though Facebook's lack of disclosure might lead to a higher penalty.
Apple vs. Spotify Artist Payouts
- Apple claims to pay artists double the per-stream rate of Spotify, about a penny per stream.
- However, the actual payout is complex, involving rights holders and various agreements.