Governance

Top tech news stories today: July 15, 2024

Former President Donald Trump will no longer be subject to extra severe penalties for content rule violations on his Facebook and Instagram.

Top tech-07-15

Headline

Former President Donald Trump will no longer be subject to extra severe penalties for content rule violations on his Facebook and Instagram.

Context

A Nigerian court will begin a trial against cryptocurrency exchange Binance over tax evasion charges on 11 Oct., the judge hearing the case said on Friday. ( The Star ) ByteDance’s video editing app CapCut will stop offering free cloud storage to host creative assets starting 5 August. ( TechCrunch )

Evidence

Pending intelligence enrichment.

Analysis

Global data centre operator Equinix is considering a sale of a minority stake in its Hong Kong facilities, valuing the assets at about $2 billion, two sources said. ( Business Times ) US telecom giant AT&T, which disclosed Friday that hackers had stolen the call records for tens of millions of its customers, paid a member of the hacking team more than $300,000 to delete the data and provide a video demonstrating proof of deletion. ( Wired ) SpaceX’s workhorse Falcon 9 rocket was grounded by the U.S. Federal Aviation Administration (FAA) on Friday after one broke apart in space and doomed its payload of Starlink satellites, the first failure in more than seven years of a rocket relied upon by the global space industry. ( CGTN ) Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market. ( TEMPO )

Key Points

  • Fintech
  • 1. Nigerian judge sets Binance tax evasion trial for October
  • IT infrastructure
  • 2. CapCut will stop offering free cloud storage from 5 August
  • 3. Data centre operator Equinix mulls minority stake sale in Hong Kong assets

Actions

Pending intelligence enrichment.

Author

Jennifer Yu