Top tech news stories today: August 16, 2024

Fintech

1. Pro-crypto Democrats rally for Harris, push for ‘reset’ with industry

Crypto-friendly Democrats offered their full-throated support for Vice President Harris on Wednesday night while also encouraging the campaign to seek a “reset” with the industry amid frustrations with the Biden administration. (The Hill)

IT infrastructure

2. Pakistan’s internet firewall could cost economy $300 million, association says

Pakistan is implementing Internet firewall to monitor and regulate content and social media platform. (ARAB News)

3. US Lawmakers Urge Probe of WiFi Router Maker TP-Link Over Fears of Chinese Cyber Attacks

Two U.S. lawmakers want the Biden administration to probe China’s TP-Link Technology Co and its affiliates for potential national security risks from their widely used WiFi routers over fears they could be used in cyber attacks against the U.S. (US news)

4. Yondr Group gets green light for third data centre at London campus

The new building will form part of Yondr’s ambitious plan to create a campus with over 100MW capacity. (Capacity.)

5. California greenlights WeRide’s passenger robotaxi tests

Chinese autonomous vehicle company WeRide has received the green light to test its driverless vehicles with passengers in California. (Tech Crunch)

6. Intel bets on China’s EV market with new AI chip

Intel, the once-dominant chipmaker struggling to stay relevant amid intense competition and slumping growth, is moving into China’s booming electric vehicle (EV) market. (ioTTechNews)

Tech trends

7. US fines T-Mobile $60 million over unauthorised data access

T-Mobile was fined $60 million by the Committee on Foreign Investment in the US (CFIUS) for negligence surrounding data breaches, reports Reuters. CFIUS penalised T-Mobile for failing to prevent or disclose unauthorised access to sensitive customer data. (MacRumors)

8. Apple, Google wallets will soon support California driver’s licenses

California residents will soon be able to store their driver’s license or state ID in their Apple Wallet or Google Wallet apps, as the state’s government announced Thursday that support for digital IDs is launching in the coming weeks. (TechCrunch)

AI

9. Google brings AI answers in Search to new countries

Google parent Alphabet said on Thursday it was expanding its AI-generated summaries for search queries to six new countries, just two months after it rolled back some capabilities following a problem-riddled launch. (Yahoo Finance)

10. SoftBank scraps AI chips tie-up plan with Intel, FT reports

Japanese technology investor SoftBank dropped plans of producing an artificial intelligence chip with Intel to compete with Nvidia, the Financial Times reported on Thursday. (Yahoo Finance)

11. Hollywood union strikes deal for advertisers to replicate actors’ voices with AI

The agreement, which follows issues raised by actress Scarlett Johansson and recent industry strikes, is seen as a standard for ethical AI use. (Dig Watch)、

12. Oracle integrates AT&T’s IoT prowess into ECP

Oracle Communications’ is infusing AT&T IoT connectivity into its Enterprise Communications Platform (ECP) in a move to allow Oracle cloud application customers to connect and manage their IoT devices and edge application management on the AT&T network. (SDXcentral)

13. China Tower secures IoT monitoring agreements

China Tower has announced strategic partnerships with two leading Chinese telecommunications companies for IoT monitoring. (Livarava)

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