Top tech news stories today: July 30, 2024

Top tech news stories today: July 30, 2024 is profiled by BTW Media because public-source evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

Fintech

1. US-listed crypto stocks retreat following Trump-fueled spike

Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. (MCN)

IT infrastructure

2. Charter to pay $15 million to resolve US probe into network outage rules

Charter Communications will pay a $15 million civil penalty to resolve an investigation into compliance with network and 911 outage notification rules, the Federal Communications Commission said. (KDAL 610)

3. Symbotic slides on dour forecast as warehouse robotics deployment slows

Shares of Symbotic slumped more than 13% in extended trading after the robotics vendor forecast current-quarter revenue and adjusted core profit below estimates, hurt by higher costs and slowing deployment of its automation systems. (Reuters)

4. BlackBerry names insider Tim Foote as CFO

Canada’s BlackBerry said on Monday Tim Foote will succeed Steve Rai as chief financial officer, effective immediately, as the cybersecurity company looks separate its internet of things (IoT) and cybersecurity businesses. (US news)

5. Logitech CEO Hanneke Faber wants your next mouse to last forever

During a recent episode of The Verge’s Decoder podcast, Logitech CEO Hanneke Faber shed some possible insight into the company’s view on one of its most important products. (Gizmodo)

6. ADT’s new smart security system will unlock your door for a Trusted Neighbor

The ADT Plus security system can work with Google Nest’s facial recognition and this Yale smart lock to make it easier to let someone in when you need help. (Verge)

7. French telecom fibre optic networks sabotaged, affecting multiple operators

The disruption affected six regions across the country, though Paris, currently hosting the Olympics, remains unaffected. (Capacity)

8. Australia to launch $18m digital cable centre

Australia is committing $18 million to a cable connectivity and resilience centre to help undersea cable networks in the Indo-Pacific area. (Capacity)

AI

9. Microsoft’s costs in focus as fears rise over slow payoff from AI

Microsoft investors will have one big question when the tech giant reports earnings on Tuesday: has growth in its Azure cloud-computing business picked up enough to justify the billions of dollars being spent on artificial intelligence infrastructure? (the Star)

10. Apple’s iOS 18.1 developer beta adds AI call recording and transcription

iPhone users can access recordings, transcripts, and AI-generated summaries of their calls from the Notes app. (Verge)

11. Trigent launches AI starter kit to accelerate business AI adoption

Trigent has launched the AI Launchpad – a robust AI starter kit designed to help organisations move from concept to implementation within just six weeks. (ioT Now)

ioT

12. Financial Firms Advised to Prepare for ‘Q-Day’ Cybersecurity Risk

Members of the Quantum Economic Development Consortium (QED-C) have warned of the quantum threat to the secure financial sector data in a new report. (ioT World Today)