Top tech news stories today: March 13, 2024

Top tech news stories today: March 13, 2024 is profiled by BTW Media because published evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

Dive into the latest in tech. Discover groundbreaking innovations, unravel controversies, and explore the future with our tech news updates.

1. Global banks participate in large-scale blockchain pilot test

Major financial institutions, including Goldman Sachs, BNY Mellon and Cboe Global Markets, have completed a large-scale pilot test using blockchain technology. (Cointelegraph)

2. Binance expands Convert service with Japanese Yen integration

Binance, one of the world’s leading cryptocurrency exchanges, has announced the addition of the Japanese Yen (JPY) to its Binance Convert service. This strategic move will enable users to seamlessly trade JPY against bitcoin (BTC), Tether (USDT), and a range of other tokens supported by the platform. (Blockchain News)

3. OKX announces listing of Aevo for spot trading, expanding derivatives offerings

OKX has announced the listing of Aevo (AEVO), a derivatives-focused L2 platform, for spot trading, with the trading schedule starting from March 12, 2024. OKX, a leading global cryptocurrency exchange, has officially announced the listing of Aevo (AEVO), a novel derivatives Layer 2 platform, on its spot trading market. (Blockchain News)

4. CoinShares acquires Valkyrie ETF Business, expanding U.S. footprint

CoinShares completes its strategic acquisition of Valkyrie ETF Business, enhancing its U.S. market presence and increasing global AUM. (Blockchain News)

5. Binance Labs launches Season 7 of Incubation Program for Web3 innovators

For Season 7, Binance Labs has issued a Request for Startups (RFS) in various areas of interest, including modular blockchains, decentralised internet services (DePIN), AI infrastructure, Bitcoin infrastructure, innovative DeFi products and applications, AI-powered dapps, and fully on-chain games, among others. (Blockchain News)

6. Oracle surges to record high as AI demand helps reignite cloud business momentum

Oracle soared more than 13% to reach a record high on Tuesday, on signs the company was making progress in its plan to grab a share of the cloud-computing market thanks to its tie-up with AI chip giant Nvidia. (Yahoo)

7. APAC data centre operating capacity tops 10GW

The operational capacity of Asia Pacific data centres passed the 10-gigawatt mark in the second half of 2023 as regional markets added 800 megawatts of new supply, according to Cushman & Wakefield. (Mingtiandi)

8. AMD says creaky old servers are a big problem for AI

Robert Hormuth, corporate VP of architecture and strategy for AMD’s Data Centre Solutions Group, told Silverlinings there are millions of old servers gumming up the works in data centres. (Silverlinings)

9. GDS confirms talks to sell international data centres

Chinese operator GDS has confirmed it is looking to sell a stake in its international operations. “The company confirms that it has been in discussion with several private equity investors regarding a potential transaction with respect to its international business,” GDS said in an investor update. (Data Center Dynamics)

10. Data centre boom cues PH as tech hub

The burgeoning industry of data centres in the Philippines is only expected to further grow with the rise of artificial intelligence (AI) and cloud computing, according to the top honcho of global technology firm Nokia. (Inquirer)

11. Actelis Networks and Netceed sign partnership agreement to extend Actelis’ hybrid-fibre networking solutions to Netceed’s North American customer base

Actelis Networks today announced that it has signed a partnership agreement with NetceedThrough the agreement, Actelis’ cyber and weather hardened hybrid-fibre networking solutions will be promoted and available to thousands of Netceed customers in North America. (Yahoo)

12. Pro-Khalistan protesters try to disrupt Indo-Canada business networking event

The networking event was organised by the Indo-Canada Chamber of Commerce (ICCC) and it was targeted by the separatist group Sikhs for Justice (SFJ), which had called for the protest. (Hindustan Times)

13. Forget Nvidia: billionaire investors are selling it and buying these 2 artificial intelligence (AI) stocks instead

Artificial intelligence stock No. 2 billionaire investors are buying instead of Nvidia: Amazon. The other AI stock that had billionaires forgetting about Nvidia is none other than the “Magnificent Seven” component Amazon. (Yahoo)

14. Microsoft to train Philippine women in AI, cybersecurity

Tech giant Microsoft said on Tuesday it will train 100,000 Philippine women on artificial intelligence technology and cybersecurity. The programme was announced during a two-day trade mission headed by US Commerce Secretary Gina Raimondo. (The Star)