Governance

Top tech news stories today: April 25, 2024

US seeks 3 years prison for Binance founder Zhao, IBM to buy HashiCorp in $6.4 billion deal to expand in cloud and other tech news.

Top-tech

Headline

US seeks 3 years prison for Binance founder Zhao, IBM to buy HashiCorp in $6.4 billion deal to expand in cloud and other tech news.

Context

Dive into today’s top tech news for groundbreaking innovations and the latest developments shaping our digital future. U.S. prosecutors want Changpeng Zhao, the founder and former chief executive of Binance, the world’s largest cryptocurrency exchange, to serve three years in prison after he pleaded guilty to violating laws against money laundering. ( Reuters )

Evidence

Pending intelligence enrichment.

Analysis

The inaugural cycle of the ICANN Grant Program is now open for applications from eligible organisations from across the globe. ( ICANN ) International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand. ( Channel News Asia ) Taiwan Semiconductor Manufacturing said on Wednesday that a new chip manufacturing technology called “A16” will enter production in the second half of 2026, setting up a showdown with longtime rival Intel. ( Yahoo ) ASML has approved the appointment of Christophe Fouquet as the company’s new CEO. Fouquet, 50, took up his new role as chief of Europe’s largest technology company at ASML’s annual meeting in Veldhoven, Netherlands, on Wednesday. ( SALTWIRE )

Key Points

  • 1. US seeks 3 years prison for Binance founder Zhao
  • 2. The ICANN Grant Program: Now accepting applications
  • 3. IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
  • 4. TSMC says ‘A16’ chipmaking technology will start production in late 2026
  • 5. ASML approves Christophe Fouquet as CEO at annual meeting

Actions

Pending intelligence enrichment.

Author

Chloe chen