Taiwan memory module makers are rushing to secure cash to boost inventory levels of chips and materials due to the AI boom and rising prices, media report: -ADATA has raised NT$14 billion (US$440 million) through a convertible bond and syndicated bank loan, and is planning a 30 million private share placement -GoldKey Technology has raised NT$4.5 billion via convertible bond and syndicated loan -Apacer NT$1 billion convertible bond -Team Group NT$2 billion convertible bond -Innodisk, Transcend: each planning NT$3 billion convertible bonds -Silicon Power: planning NT$500 million convertible bond $SSNLF $HXSCL $MU #semiconductors# #semiconductor#

A funny detail I noticed after @StaniKulechov wrote his response to the EIP. It's not an issuance reduction, but an added burn. Which depending on your tax jurisdiction could be interpreted pretty badly if you count rewards at every epoch. As then you both get the full issuance (and taxed at it) and an applied burn right afterwards (which I guess would be a loss / spend?). Now to be fair most people I know count only rewards withdrawn to the EL for tax purposes as that's (a still complicated but .. ) the simplest way to do it. In which case I guess this would not matter. But there has also been people who wanted me to help them with taxes who insisted their tax advisors wanted income counted on the CL per epoch. Which is something pretty complex to achieve from a data retrieval perspective even today (rotki does not support this - and we don't plan to). Add that burn in there .. and oh boy. I would not want to be the guy doing that accounting.

A data center project in Texas was cancelled after facing local backlash The data center was to be built near a water reservoir and consume 5 million gallons of water per day in its 5th year of operation

A data breach at Japanese telecom company KDDI may have exposed the email addresses and passwords of up to 14.2 million accounts across six internet service providers (ISPs). According to KDDI, hackers gained access by exploiting a vulnerability in third-party software used by one of its email systems. The company says it blocked the attackers after discovering the breach and is working with the affected ISPs to improve security. The exact number of affected accounts is still being investigated. KDDI also said some passwords were stored in hashed or encrypted form, but it did not specify how many.