Governance

Top tech news stories today: July 30, 2024

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 o…

AuthorTuna Tu

Reading Time2 min

PublishedJuly 30, 2024

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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 ) 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 )

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Analysis

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 ) 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 ) 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 ) 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 )