Governance
Top tech news stories today: July 9, 2024
Fintech 1. The German government owns around $2 billion in bitcoin — and it’s freaking out crypto investors For weeks now, Germany’s government has been selling hundreds of millions of dollars worth of bitcoin — and it’s been a key factor behind the cryptocurrency’s intense sell-off. Last month, the…
Headline
Fintech 1. The German government owns around $2 billion in bitcoin — and it’s freaking out crypto investors For weeks now, Germany’s government has been selling hundreds of millions of dollars worth of bitcoin — and it’s been a key factor behind the cryptocurrency’s intense…
Context
For weeks now, Germany’s government has been selling hundreds of millions of dollars worth of bitcoin — and it’s been a key factor behind the cryptocurrency’s intense sell-off. Last month, the German government began selling bitcoin from a wallet operated by the country’s Federal Criminal Police Office, referred to locally as the Bundeskriminalamt, or BKA. ( CNBC ) Drive, swap the battery, repeat. Spanish construction and energy group Acciona is betting on this formula to help remove some of the main hurdles hindering the take-up of electric cars in Spain and elsewhere in Europe: price and driving range. ( Yahoo! Finance )
Evidence
Pending intelligence enrichment.
Analysis
China’s capital Beijing has plans to support the use of self-driving cars in online ride-hailing services, the official Beijing Daily reported on Monday, citing municipal draft rules for autonomous vehicles. ( SRN News ) The recently retired CEO of semiconductor equipment maker ASML says that US-China disputes over computer chips are ideological and not based on facts, and they are set to continue. ( The Star ) British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Japan’s Aeon with plans to build a third robotic warehouse. The third customer fulfilment centre (CFC), as Ocado calls them, will be in Kuki-Miyashiro, the Saitama prefecture of Japan, and will go live in 2027. ( US News ) Microsoft intends to offer Apple’s iOS-based devices to its employees in China to access authentication apps, a company spokesperson said on Monday, citing the absence of Google’s Android services in the country. ( US News )
Key Points
- Fintech
- 1. The German government owns around $2 billion in bitcoin — and it’s freaking out crypto investors
- IT infrastructure
- 2. Spain’s Acciona launches swappable battery electric vehicle
- 3. Beijing to support use of self-driving cars in online ride-hailing services, state media says
Actions
Pending intelligence enrichment.
