 Samsung unveiled three new flagship Galaxy S smartphones — the Galaxy S22, S22+, and S22 Ultra — during its Unpacked event on Wednesday. The lineup is expected to become widely available on Feb. 25 and compete with Apple's iPhone 13. More: - The smallest phone, the standard Galaxy S22, has a 6.1-inch screen, 3,700 mAh battery, and retails for $800 in the U.S.
- The S22+ has a 6.6-inch screen, 4,500 mAh battery, and costs $1,000, while the S22 Ultra comes with a 6.8-inch panel, 5,000 mAh battery, and sells for $1,200.
- All three phones support next-generation Wi-Fi 6. They come in white, pink, black, and green, while the S22 Ultra also includes burgundy.
- Only the Ultra will come with an "S pen" stylus. The largest model, which is considered a spiritual successor to the Galaxy Note, has a 108MP primary camera and a 12MP ultra wide camera.
- Forecasts predict Samsung will sell ~30 million of the Galaxy S22 devices this year.
Zoom-out: - Samsung also announced three new Android tablets — the Galaxy Tab S8, S8+, and S8 Ultra — at Unpacked, its biannual event for showcasing new smartphones, tablets, and wearables.
- The tablets are now available to pre-order and start at $700 to $1,100 depending on the model.
CNBC 
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The European Union proposed the Chips Act, which seeks to inject €43B ($49B) in public and private funding to shore up the bloc's production of semiconductors. The EU wants to double its share of worldwide chip manufacturing from 9% to 20% by 2030. More: - The goal is to make Europe a leader in the semiconductor market after the pandemic exposed vulnerabilities in global chip supply chains, EU Commission President Ursula von der Leyen said.
- The proposal includes an investment plan for research institutes, a funding outline to support manufacturing sites, and policies to address future chip shortages.
- An estimated $5.7B in funding is earmarked from the EU's own budget, less than 15% of the total cost.
- Much of the remainder would need to come from its member states' budgets. The private sector would also contribute.
- If adopted, the Chips Act will apply across the EU.
Zoom-out: - Last week, the U.S. House passed a bill that would direct $52B toward the country's semiconductor manufacturing industry.
- About $39B would be in the form of direct subsidies for new chip fabrication plants, including Intel’s $20B plant in Ohio and TSMC's $12B Arizona foundry. Both are now under construction.
TECHCRUNCH
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California's Department of Fair Employment and Housing (DFEH) plans to file a lawsuit against Tesla alleging racial discrimination and harassment at its Fremont, California factory. Tesla confirmed the potential lawsuit in a blog post on Wednesday, calling it "misguided" and defending the company's recent actions to support a fairer and safer workplace. More: - The lawsuit will reportedly focus on alleged misconduct carried out by Tesla production associates at the factory from 2015 to 2019.
- The electric-car maker claims the DFEH never raised concerns about its workplace practices during a previous three-year investigation.
- Tesla plans to ask the court to pause the case as it seeks more evidence.
Zoom-out: - Previous lawsuits have accused the company of doing little to address sexual harassment, racial discrimination, and a hostile work environment at the factory.
- In October, a jury ordered Tesla to pay a Black contract worker $137M due to workplace racism.
FORBES
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 Ian Zelbo's render of Apple headset Developers have uncovered references to a new AR/VR operating system that could run Apple's future mixed reality headset. Mentions of the new "realityOS" were spotted in Apple App Store upload logs and open-source code, suggesting that the company has a standalone operating system dedicated specifically to AR and VR products. More: - The operating system has the internal codename of "Oak."
- Bloomberg reports that Apple is now pushing back the headset's release by a few months, to 2023, due to development issues related to overheating, software, and cameras.
- The headset would be able to switch between full virtual reality and augmented reality, which overlays digital content onto the physical world. It's expected to have M1 levels of processing power.
- Apple is also exploring an App Store for the device that would sell games and enable video streaming and conferencing.
- It would be Apple's first major new product release since 2015, when it debuted the Apple Watch.
APPLE INSIDER
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The U.S. Justice Department said it has seized $3.6B+ in Bitcoin allegedly stolen during the 2016 Bitfinex hack. A New York couple, Ilya Lichtenstein and Heather Morgan, was arrested on allegations that they tried to launder nearly 120,000 Bitcoin that a hacker stole from the Bitfinex virtual currency exchange. More: - According to Attorney General Lisa Monaco, it's the DOJ's largest-ever financial seizure.
- Officials seized more than 94,000 of the Bitcoin, valued at $3.6B at the time. The total value of all the stolen Bitcoin is currently roughly $4.5B.
- The hacker, who wasn't identified, allegedly initiated 2,000+ unauthorized transactions that sent the stolen Bitcoin to Lichtenstein’s digital wallet.
- Lichtenstein and Morgan were charged with conspiracy to commit money laundering and conspiracy to defraud the U.S., which carry a combined maximum sentence of 25 years in prison.
COINDESK
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 Researchers say they created a device that could one day help computers learn like people do. A team from Purdue University demonstrated hardware made up of circuit components that can be reconfigured using electrical pulses, taking on different functions similar to those in the human brain. More: - The device responds to electrical impulses that cause it to shuffle around hydrogen ions and mimic the neurons and synapses in the human brain.
- It could form the basis for a future computer that can adapt and learn like humans, rewiring itself as it learns new information over time.
- In simulations, the device works like an artificial neural network, capable of recognizing electrocardiogram patterns and digits.
- The team is now working to demonstrate the system on large-scale test chips.
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- Twitter is now testing options to speed up or slow down video playback.
- The Biden Administration created the Cyber Safety Review Board to investigate the growing number of cyberattacks against the U.S. government, businesses, and critical infrastructure.
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 |  | Beth is an Inside Analyst and a former public policy/investigative reporter. She has covered AI, VR, technology, and e-commerce for Inside. When she's not busy writing, she's hiking in Arizona's desert, playing pickleball, or trying out new Mexican food recipes. |   | | Editor | Eduardo Garcia is a writer and editor based in New York. He is writing an illustrated book about climate change that will be published by Ten Speed Press, an imprint of Penguin Random House. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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