Tech Brew Ride Home Tue. 03/25 – Napster Lives! Again!
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Mar 25, 2025 The European Union plans to impose hefty fines on Meta for antitrust breaches, shaking up the tech industry. Waymo is set to launch its robotaxi service in Washington, D.C., navigating complex regulations. Napster has just been acquired for $207 million, with plans to reinvent music in the metaverse. Meanwhile, U.S. chip production is becoming competitive, with costs only slightly higher than in Taiwan. Europe is also aiming for tech independence, driven by privacy concerns and a push for local cloud solutions.
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Meta's Impending EU Fine
- The EU is poised to fine Meta potentially over $1 billion for DMA violations.
- This stems from Meta's subscription service requiring user data consent for personalized ads.
eToro's Crypto-Driven IPO
- eToro filed for an IPO, revealing substantial revenue driven primarily by crypto assets.
- This highlights the profitability of crypto marketplaces amid an IPO market rebound.
Waymo's D.C. Expansion
- Waymo will launch in Washington, D.C. in 2026, marking its entry into a complex regulatory and traffic environment.
- The city currently prohibits fully autonomous vehicles, necessitating legislative changes.