Governance

Top tech news stories today: September 24, 2024

Fintech 1. US SEC, Coinbase clash in court over crypto rulemaking Coinbase and the U.S. securities regulator faced off in a federal appeals court in Philadelphia on Monday as the cryptocurrency exchange pressed the agency to create new rules for digital assets. (The Star) IT intrastructure 2. TSMC, …

AuthorTuna Tu

Reading Time3 min

PublishedSeptember 24, 2024

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Headline

Context

Coinbase and the U.S. securities regulator faced off in a federal appeals court in Philadelphia on Monday as the cryptocurrency exchange pressed the agency to create new rules for digital assets. ( The Star ) Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. have discussed building major new factories in the United Arab Emirates in coming years to help satisfy soaring demand for artificial intelligence computing, the Wall Street Journal reported. ( Yahoo Finance )

Evidence

Pending intelligence enrichment.

Analysis

Apollo Global Management, a prominent US-based asset management firm, is reportedly negotiating a substantial investment of up to $5 billion in Intel, according to a Bloomberg report. ( Trading View ) In a significant move to bolster its global manufacturing capabilities, Samsung Display has announced a $1.8 billion investment to build an OLED display factory in Vietnam. ( Business Korea ) A Taiwanese hacking group called Anonymous 64 has been carrying out cyberattacks against targets in mainland China, Hong Kong and Macau, China’s national security ministry said on Monday, urging netizens to report cases of “anti-propaganda sabotage.” ( Hindustan Times ) Customers of Kaspersky antivirus in the United States found out in the last few days that their cybersecurity software was automatically replaced with a new one called UltraAV, according to several customers who posted on social media. ( Tech Crunch )