Equity

Spotify’s new AI playlists, the US’s latest chip deal, and a shot at data privacy

Apr 8, 2024
Discover Spotify's innovative AI playlists, set to spark excitement and some controversy. Learn about a significant U.S. chip deal aimed at revitalizing the semiconductor industry. Delve into potential new data privacy legislation that could change the landscape for tech companies and consumers alike. Plus, a glimmer of hope for the crypto market as trading volumes stabilize. Explore these hot topics and more, blending tech trends with market shifts.
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INSIGHT

Data Privacy Legislation

  • The American Privacy Rights Act (APRA) would give Americans control over their data, including opting out of targeted advertising and data collection.
  • This bill aims to create a national registry of data brokers, increasing transparency and user control.
ANECDOTE

Web Summit Leadership Change

  • Paddy Cosgrave, Web Summit co-founder, returned as CEO after resigning over controversial remarks about the Israel-Hamas war.
  • His return follows a brief, unsuccessful appointment of Catherine Marr as CEO.
INSIGHT

US Chip Deal

  • The US government will subsidize TSMC's advanced semiconductor production in Arizona with $6.6 billion and up to $5 billion in loans.
  • This deal aims to boost the US share of global chip production from 10% to 20% by 2030.
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