Top tech news stories today: August 28, 2024

IT infrastructure

1. CrowdStrike earnings to shed light on fallout from global Windows outage

CrowdStrike’s results on Wednesday will offer a first look at the financial implications of the global cyber outage that paralyzed Microsoft Windows operating system last month, with investors keen to understand the impact on the cybersecurity firm’s reputation and whether it has led to potential market share losses to rivals. (DenverGazette)

2. Zuckerberg says Biden administration pressured Meta to censor COVID-19 content

Meta boss Mark Zuckerberg says he regrets bowing to what he calls pressure from the Biden administration to “censor” content on Facebook and Instagram during the coronavirus pandemic. (BBC)

3. US to award HP $50 mln for semiconductor tech project

The U.S. Commerce Department said Tuesday it plans to award $50 million to HP to support the expansion and modernization of an existing company facility in Oregon that will boost key semiconductor technologies. (US news)

4. Meta Platforms strikes geothermal energy deal to power US data centers

Facebook owner Meta Platforms struck a deal to buy geothermal power from Sage Geosystems to supply its U.S. data centres, it said on Monday, as it races to build out the infrastructure to support its massive investments in energy-hungry artificial intelligence. (W Media)

5. Canada to impose 100% tariff on Chinese EVs, including Teslas

Canada announced on Monday its decision to impose a 100% tariff on electric vehicles (EVs) imported from China, including those manufactured by Tesla. (Wionews)

Tech trends

6. Nvidia second-quarter sales likely to double, even a slight miss may hurt shares

A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on Thursday, a day after Nvidia reports earnings for the May-July period. (MoneyControl)

7. Malaysia says tech firms must comply with its laws amid backlash over social media licensing

Tech companies must comply with local laws to continue operating in Malaysia, a minister said on Tuesday, after an industry group urged the government to pause a plan to require social media platforms to apply for a regulatory licence. (US news)

8. Apple taps insider Kevan Parekh as CFO, replacing Maestri

Tech giant Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing company veteran Luca Maestri who will transition from the role on Jan. 1, 2025. (Reuters)

9. Apple to hold fall event on Sept. 9, new iPhones expected

Apple said on Monday it will hold its fall event on Sept. 9 in Cupertino, California, during which it is expected to launch its new iPhone series. (WTVBam)

AI

10. OpenAI supports California AI bill requiring ‘watermarking’ of synthetic content

ChatGPT developer OpenAI is supporting a California bill that would require tech companies to label AI-generated content, which can range from harmless memes to deepfakes aimed at spreading misinformation about political. (Today. Westlaw)

11. China’s BYD to use Huawei’s advanced autonomous driving system in off-road EVs

Chinese electric vehicle (EV) giant BYD has signed an agreement with Huawei to use the Chinese tech conglomerate’s advanced autonomous driving system in its off-road Fangchengbao EVs, Huawei said on Tuesday. (Yahoo Tech)

Tuna-Tu

Tuna Tu

Tuna Tu, an intern reporter at BTW media dedicated in IT infrastructure and media. She graduated from The Communication University of Zhejiang and now works in Hangzhou. Send tips to t.tu@btw.media.

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