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    Blue Tech Wave Media
    Home » Top tech news today: November 5, 2024
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    Top tech news today: November 5, 2024

    By Vionna Fiducia ThejaNovember 5, 2024No Comments2 Mins Read
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    Top tech news today: Crypto stablecoin network launch, Foxconn’s $80 million chip investment in Vietnam, and ADNOC’s groundbreaking use of AI in the energy sector.

    1. Crypto firms launch global stablecoin network

    A group of crypto companies, including Robinhood and Kraken, has introduced a worldwide stablecoin network to streamline cross-border transactions. Reuters

    2. US election spurs prediction market activity

    Speculators are increasingly using crypto markets to predict outcomes in the upcoming U.S. elections, fueling a niche betting trend. HeadTopics

    3. Constellation eyes data centers at power plants

    Constellation Energy plans to pursue data center developments at power plant locations despite regulatory setbacks, aiming to harness available energy resources. Seeking Alpha

    4. Deeproute raises $100M to rival Tesla in China

    Deeproute secures $100 million to accelerate its autonomous driving tech, hoping to challenge Tesla’s Full Self-Driving feature in China. TechCrunch

    5. French families sue TikTok over content moderation

    French families have filed a lawsuit against TikTok, accusing it of failing to remove harmful content, particularly affecting youth users. Reuters

    6. Meta extends political ad ban amid US election

    Meta will keep its political ad ban active post-election, a move aimed at reducing misinformation on its platforms. Forbes

    7. Foxconn plans $80M Vietnam investment for chips

    Foxconn’s Shunsin subsidiary plans to invest $80 million in Vietnam to produce integrated circuits, bolstering its Southeast Asia operations. Economic Times

    8. US tech firms warn Vietnam on data law

    Tech giants warn that Vietnam’s proposed data center law could hinder operations and stifle investment in the region. SCMP

    9. Apple expands Find My AirTag to luggage

    Apple’s new iOS feature enhances Find My compatibility with airline luggage tracking, improving recovery for lost items. The Verge

    10. ADNOC deploys autonomous AI in energy sector

    UAE’s ADNOC pioneers autonomous AI technology in the energy sector, aiming for increased efficiency and safety. Hellenic Shipping News

    11. Palantir boosts revenue forecast on AI adoption

    Palantir raises its revenue forecast for 2024, citing strong AI adoption as shares surge in response. Business Times

    12. SK Telecom makes $3B AI investment

    SK Telecom plans a $3 billion investment in AI, aiming to bolster its position in the artificial intelligence space. Capacity Media

    13. US homebuyers aging due to high prices

    Rising housing prices are pushing younger buyers out of the market, raising the average age of first-time homebuyers. PYMNTS

    Vionna Fiducia Theja

    Vionna Fiducia Theja is a passionate journalist with a First Class Honours degree in Media and Communication from the University of Liverpool. A storyteller at heart, she delves into the vibrant worlds of technology, art, and entertainment, where creativity meets innovation. Vionna believes in the power of media to transform lives and spark conversations that matter. Connect with her at v.zheng@btw.media.

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