Top tech news stories today: April 19, 2024

Headline

From fintech to AI and blockchain, these are the latest tech stories you need to know. Fintech 1. Indian digital payments firm discusses IPO plans Indian digital payments start-up Paytm is planning to raise up to 166 billion rupees (US$2.22 billion) in an initial public…

Context

From fintech to AI and blockchain, these are the latest tech stories you need to know. Indian digital payments start-up Paytm is planning to raise up to 166 billion rupees (US$2.22 billion) in an initial public offering, according to draft papers submitted to the country’s market regulator on Friday. ( CNBC )

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Analysis

Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai’s regulator VARA that will allow the platform to target retail clients in addition to qualified and institutional ones. ( lbcgroup ) The CEO of cryptocurrency exchange Binance said on Thursday the company is working very closely with Nigerian authorities following the detention of its head of financial crime compliance. ( CNA ) Chinese state-sponsored hackers have conducted widespread cyberattacks on critical American infrastructure in recent years, intending to give the country the ability to cause “a devastating blow” against the US, according to FBI Director Christopher Wray. ( yahoo ) Google fired 28 employees in connection with sit-in protests at two of its offices this week, according to an internal memo obtained by The Verge. The firings come after 9 employees were suspended and then arrested in New York and California on Tuesday. ( The Verge )

Key Points

• Fintech
• 1. Indian digital payments firm discusses IPO plans
• 2. Binance obtains Dubai licence to target retail clients
• 3. Binance working closely with Nigeria authorities to resolve exec’s detention, CEO says
• Internet governance

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Author

Jennifer Yu