Governance

Top tech news stories today: April 26, 2024

AuthorJennifer Yu

Reading Time4 min

PublishedApril 26, 2024

Primary DomainN/A

Content TypeN/A

TopicN/A

EntityN/A

RegionN/A

Time HorizonN/A

ImpactN/A

ConfidenceN/A

Headline

Context

Today’s top tech stories include Amazon’s investment in Indiana, ByteDance denies media report of plan to sell TikTok, Microsoft’s AI lead puts Amazon cloud dominance on watch and more. Follow our steps to see more! Crypto software firm Consensys sued the US Securities and Exchange Commission in an effort to fend off regulation of the Ethereum blockchain and push back against what it called the agency’s “campaign to seize control over the future of cryptocurrency.” ( Bloomberg )

Evidence

Pending intelligence enrichment.

Analysis

AWS intends to invest an estimated $11 billion to build new data centres in St. Joseph County in Indiana, creating at least 1,000 new jobs. This planned investment is part of what Amazon says is a long-term commitment to the state, which includes $21.5 billion since 2010. ( chain storage ) The Federal Communications Commission said on Thursday it is ordering the U.S. units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States. ( Reuters ) Warner Bros Discovery is launching a data platform that would help advertisers better reach their target audience across both cable and digital channels, it said on Thursday. ( Reuters ) A group of Chinese chip companies led by Huawei Technologies and backed by the country’s government aims to produce high-bandwidth memory (HBM) semiconductors, a key component in AI chips by 2026, The Information reported on Thursday. ( US News )