Governance

Top tech news stories today: April 7, 2024

AuthorBTW Editorial

Reading Time5 min

PublishedApril 7, 2024

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Binance’s saga launch, Ripple’s stablecoin venture and South Africa’s Microsoft probe showcase innovation in the tech world. Also, AI advances with Nvidia, Meta, but Instagram faces controversy. What else? scroll down to browse more! Binance introduces Saga (SAGA) on Launchpool, enabling users to stake BNB and FDUSD tokens for rewards during a four-day farming period starting April 5, 2024. Trading begins on April 9, offering enhanced liquidity for Saga. KYC verification is required, and certain jurisdictions are excluded, while users are advised to exercise caution. ( Blockchain News )

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Analysis

Ripple, a blockchain firm, launches a digital currency pegged to U.S. dollar in an effort to rival Tether’s USDT token and Circle’s USDC. Also, Ripple introduces the stablecoin to complement its On-Demand Liquidity product, which facilitates rapid transactions using XPR as a bridge currency. ( CNBC ) A South African antitrust agency plans to investigate Microsoft regarding its cloud computing licensing practices, mirroring a similar EU case. Microsoft denies awareness of any complaint from South Africa. The EU complaint by rivals alleges that Microsoft’s licensing terms harm the cloud computing ecosystem. Microsoft adjusted its terms in response to earlier complaints from European countries. ( Channel News Asia ) nLighten, a digital infrastructure company, has acquired data centres from Exa Infrastructure, expanding its presence in Europe. The acquisition strengthens nLighten’s position in the European data center market, offering enhanced services and connectivity options to customers. With this deal, nLighten gains access to new markets in Belgium, Switzerland, and Spain, while also bolstering its presence in existing markets like Germany, France, the UK, and the Netherlands. ( Capacity ) The independent international network services provider RETN has launched a new DDoS Mitigation Platform that combines cybersecurity measures and network-level protection. The platform operates across RETN’s vast network spanning Europe to Asia, enabling immediate mitigation measures at the network level. The platform utilizes AI and machine learning for automated threat detection and mitigation, intercepting attacks before they infiltrate networks. RETN’s DDoS Platform also includes a Customer Security Portal for real-time alerts and reports. ( IT Brief )

Key Points

Fintech
IT infrastructure
Tech trends

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