Top tech news today: Bitcoin’s record surge linked to Trump, FTX’s $1.8 billion lawsuit against Binance, South Korea’s chip law to counter U.S. restrictions, alongside new developments in AI, photonic chips, and tech regulations mark today’s top headlines.
1. Bitcoin reaches record high with Trump bets
Bitcoin surges to a record high, driven by optimism surrounding Donald Trump’s electoral prospects.
Source: Reuters
2. FTX sues Binance and Zhao for $1.8 billion
FTX files a lawsuit against Binance and former CEO Changpeng Zhao, seeking $1.8 billion in damages related to trading disputes.
Source: CNBC
3. Bitcoin surge sparks losses for short traders
Bitcoin’s spike leads to substantial losses for crypto short traders, triggered partly by Trump’s presidential campaign momentum.
Source: MarketScreener
4. Malaysia’s regulatory reform attracts digital investments
Malaysia unveils reforms to attract foreign digital firms, fostering growth in its tech-driven economy.
Source: The Edge Malaysia
5. South Korea proposes law to counter Trump chip bans
South Korea drafts a chips law aimed at lessening impacts of U.S. restrictions on its semiconductor exports.
Source: Economic Times
6. ASMPT ends takeover talks with potential buyer
Chipmaker ASMPT ends acquisition discussions, signaling independence amid shifting global semiconductor landscape.
Source: Sainz
7. China’s chip index rises on TSMC self-reliance hopes
China’s chip index reaches a near three-year high as local manufacturers strive for independence from global suppliers.
Source: Ground News
8. Tech leaders gather at Lisbon Web Summit
Web Summit commences in Lisbon, with industry leaders deliberating Trump’s re-election bid and its tech implications.
Source: Economic Times
9. Huawei seeks dismissal of U.S. criminal charges
Huawei files a motion to dismiss U.S. criminal charges, citing insufficient evidence in the government’s case.
Source: Reuters
10. Aristocrat Leisure to sell mobile gaming unit
Aristocrat Leisure divests its mobile gaming arm for $820 million, streamlining its business operations.
Source: Reuters
11. EU invests $142M in Dutch photonic chips
The EU allocates $142 million to support Dutch photonic chip plants, advancing Europe’s semiconductor initiatives.
Source: Reuters
12. Vietnam mandates Temu, Shein registration to operate
Vietnam requires online retailers Temu and Shein to register locally or face potential bans, tightening e-commerce regulations.
Source: Nikkei Asia
13. Zeiss opens center focused on AI tech
Zeiss establishes a new technology center, emphasizing AI-driven research and development in various fields.
Source: BeamStart
14. OpenAI seeks breakthrough after AI limits hit
OpenAI and partners explore novel AI strategies as current methodologies encounter performance limitations.
Source: Jagran
15. Vatican launches AI services at St. Peter’s
The Vatican introduces AI-powered services in St. Peter’s Basilica, enhancing visitor engagement with advanced tech.
Source: MarketScreener
