Building a new chip manufacturing plant is expensive, usually costing between $10 billion and $15 billion. GlobalFoundries has now opted out of building a cutting edge fabrication plant for 7-nanometer chips, indicating it plans to focus its attention on older 12-nanometer and 14-nanometer factories, which would require less investment. Advanced Micro Devices (AMD) said it would switch from GlobalFoundries to Taiwan Semiconductor (TSMC) for its latest chips. With the GlobalFoundries move, only TSMC, Intel and Samsung are left to build the new 7-nanometer factories. Read more

BuzzFeed News plans to debut a feature at the bottom of its news pages asking readers to donate between $5 and $100. In exchange, said one source, donors will get updates on big news stories and new programming. This move could presage a membership program with more perks, continued that source, who added that the company is not planning to charge for content. In another revenue-earning venture, BuzzFeed introduced a new product-review/recommendation site, earning revenue from online purchases. Read more

The American Society of Cinematographers announced its ASC ARRI Educational Center to be built behind its historic Hollywood clubhouse and slated to open in 2019, ASC’s centennial as an organization devoted to educating the next generation of cinematographers. ASC president Kees van Oostrum and ARRI Inc. president/chief executive Glenn Kennel symbolically broke ground at the site yesterday, which will house the print/digital publications staff and serve as a hub for its educational activities. Read more

In an effort to make its Tomatometer ranking of movies and TV shows even stronger, popular review aggregation service Rotten Tomatoes made a move this week to add more female and minority reviewers. By revising its criteria for new critics, the service aims to include a wider range of voices, including those from the increasing number of reviewers gaining audiences via podcasts and YouTube. In order to be more inclusive, Rotten Tomatoes has adjusted its requirements that have thus far been based largely on employment duration and scale of publishing. As a result of the changes, 200 new critics were added to the site yesterday. Read more

Apple is expected to launch three new mobile phones this fall that will mimic the edge-to-edge screen design of the company’s flagship iPhone X, released last November. According to those familiar with the plans, the new iPhones will vary in price and feature a range of features and sizes, although a wholly new design is not expected until 2019. The largest of the three new devices will reportedly tout a 6.5-inch display, stainless steel edges, and glass back with dual cameras. It will feature an OLED screen and the ability to view apps like Mail and Calendar side-by-side. Read more