Top tech news today: FTC sues fintech app Dave, RIPE seeks volunteers for NomCom, and Keppel secures AI-ready data center in Japan.Top Tech News;
FTC sues fintech app Dave over misleading ads
The Federal Trade Commission has filed a lawsuit against the fintech app Dave for allegedly misleading consumers with ads about a $500 cash advance. Channel News Asia
RIPE NCC seeks volunteers for 2025 NRO NomCom
The RIPE Network Coordination Centre is calling for volunteers to join its Nomination Committee for 2025, aiming to oversee key community elections and governance processes. RIPE NCC
SpaceX requests push Taiwanese suppliers to move abroad
Following SpaceX’s demands, several Taiwanese suppliers are relocating their manufacturing to avoid disruptions, marking a shift in Asia’s supply chain landscape. Free Malaysia Today
US lawmaker urges crack down on SMIC
A Republican lawmaker urges the U.S. to impose stricter regulations on Chinese chipmaker SMIC, claiming it poses a threat to national security and technology dominance. Reuters
Italy fines Intesa over data breach incident
Italy’s privacy watchdog has fined Intesa Sanpaolo over a data breach incident, highlighting the country’s tightening stance on corporate cybersecurity practices. Reuters
Keppel secures AI data center project in Japan
Keppel has won an AI-ready hyperscale data center project from Mitsui Fudosan in Japan, expanding its footprint in the growing data infrastructure sector. Keppel
Emerson proposes acquisition of AspenTech shares
Emerson Electric has proposed to acquire the remaining shares of AspenTech, a move that could strengthen its position in the industrial software space. US News
Japan outlines new chip strategy to boost tech sector
Japan’s government unveils a new strategy to bolster the nation’s semiconductor industry, with plans to enhance production and innovation in the sector. Japan Times
Chinese group accused of hacking Singtel
A Chinese cyber group is accused of launching telecom attacks against Singtel, raising concerns about national security and data privacy. Bloomberg
Schneider Electric confirms cyberattack investigation
Schneider Electric has confirmed it is investigating a cyberattack after stolen Jira data surfaced, potentially affecting the company’s security protocols. Capacity Media
Google defeats gift card fraud lawsuit
Google successfully defends itself in a lawsuit over fraudulent gift card transactions, highlighting the company’s efforts to combat online fraud. Radio Jamaica
Amazon CEO clarifies return-to-office mandate
Amazon’s CEO, Andy Jassy, denies claims that the company’s five-day office mandate is a hidden layoff strategy, affirming its role in company culture. CNBC
Meta extends ban on new political ads
Meta has extended its ban on new political ads beyond the U.S. elections, citing concerns over misinformation and platform integrity. AP News
Musk calls pointlessness of the election giveaway
Elon Musk has spoken out against a planned voter giveaway, calling the effort pointless and a distraction from more meaningful engagement. Beamstart
Tesla raises salaries at German Gigafactory
Tesla has announced salary increases for employees at its German Gigafactory as part of an effort to address workforce demands and increase production. National Technology
Google CEO issues memo to employees about election
Google’s CEO has issued a memo to employees about the company’s neutrality during the upcoming U.S. election, aiming to ensure fairness and transparency. The Verge
Palantir revenue boosted by AI boom
Palantir’s revenue forecast is raised for 2024 due to a surge in AI-driven software adoption, reflecting growing demand for data analytics tools. Investing
Huawei executive discusses AI-era network transformation
Huawei’s executive discusses the transformation of telecom networks to support AI in the modern tech era, emphasizing future network innovation and 5G development. Capacity Media
