Top tech news today: December 19, 2024

Tech News Summaries

1. Trump’s NASA pick Jared Isaacman invested heavily in stablecoins

Jared Isaacman, chosen by Trump for NASA, made a significant bet on stablecoins through his company Shift4, bolstering his investment in the crypto space. CNBC

2. ClearBank and Azure renew partnership to boost payment infrastructure

ClearBank and Microsoft Azure have extended their partnership to enhance UK payment services, aiming to create a more secure and scalable infrastructure. The Fintech Times

3. Enfuce, SEB, and Humla launch payment card for Swedish supermarket

Enfuce, SEB, and Humla have teamed up to introduce a payment card for Swedish supermarkets, aiming to streamline consumer shopping experiences. The Fintech Times

4. Litigation fintech Sandfield Capital secures $600M for expansion

Sandfield Capital, a litigation fintech firm, has raised $600 million to expand its offerings, aiming to support legal tech startups and litigation finance growth. Fintech Global

5. Temenos integrates Taurus for faster digital asset service launches

Temenos has partnered with Taurus to allow banks to quickly launch digital asset services, cutting down the implementation time to mere days. Finextra

6. A2A Payments startup Volume raises $6M for growth

Volume, a startup in the A2A payments sector, secured $6 million in funding to fuel its next phase of growth and expand its offerings. Finextra

7. Leap Financial raises $35M in seed funding

Leap Financial has raised $35 million in seed funding to expand its fintech platform, targeting financial services automation and enhanced customer experiences. Finextra

8. Sygnum to distribute digital asset fund via Singapore’s Moomoo

Sygnum is partnering with Moomoo to distribute its digital asset fund to retail investors in Singapore, expanding its global reach. Finextra

9. Stablecoin-focused BVNK raises $50M to expand in US market

BVNK, a stablecoin-focused firm, has raised $50 million to extend its presence in the US market, capitalizing on the growing stablecoin demand. Finextra

10. Morgan Stanley deploys Wise platform for investment banking

Morgan Stanley has integrated the Wise platform into its operations, becoming the first major investment bank to use the service. Finextra

11. Neonomics files complaint over anti-competitive practices in Norway

Norwegian fintech Neonomics has filed a complaint, alleging anti-competitive behavior within the country’s payments market, seeking legal remedies. Finextra

12. Lens raises $31M to boost SocialFi blockchain efforts

Lens, a blockchain-focused SocialFi startup, has secured $31 million to fuel its development of a Layer-2 blockchain for decentralized social platforms. CoinTelegraph

13. RIPE Network announces December 2024 member update

The RIPE Network has issued a member update, detailing recent developments, initiatives, and future plans to support global internet infrastructure. RIPE

14. IETF publishes second retrospective on IASA2 changes

The IETF has released a second retrospective report on IASA2 reforms, providing insights into ongoing changes to its structure and governance. IETF

15. Intel sued by customer over foundry services

Intel is facing a lawsuit from a customer who claims the company failed to meet expectations regarding its foundry services. The Register

16. FAA issues license for new drone operations

The FAA has granted a license to a company for the deployment of new drone operations, marking a milestone in expanding airspace regulations. The Register

17. Microsoft pushes passkey technology in latest update

Microsoft has announced a push for passkey technology as part of its latest security update, aiming to simplify authentication. The Register

18. Netflix partners with AWS to streamline management tools

Netflix has teamed up with AWS to enhance its management tools, improving the platform’s scalability and operational efficiency. The Register

19. Amazon, Kuiper discuss broadband with Taiwan government

Amazon’s Kuiper program is in talks with the Taiwanese government to expand broadband initiatives in the region. The Register

20. Eutelsat plans 100 more OneWeb satellites

Eutelsat is preparing to launch 100 additional OneWeb satellites as part of its strategy to expand global internet coverage. Telecoms

21. Vodafone and Google boost upload speeds on Pixel phones

Vodafone and Google have partnered to enhance upload speeds for Pixel phones, improving performance for users in several regions. Telecoms

22. Vodafone and Ericsson dominate Portugal’s private 5G market

Vodafone and Ericsson have solidified their position as leaders in Portugal’s private 5G sector with a series of key deployments. Telecoms

23. Verizon looks to Nvidia for private 5G edge

Verizon plans to leverage Nvidia’s technology to enhance its private 5G network, improving data processing capabilities at the edge. Telecoms

24. Nokia embarks on medical sensing tech research project

Nokia has launched a research project focused on medical sensing technology, aiming to revolutionize healthcare monitoring. Telecoms

25. Sparkle and Fincantieri team up for 5G maritime solution

Sparkle and Fincantieri have partnered to develop a 5G solution for maritime industries, enhancing connectivity at sea. Capacity Media

26. Indonesia courts Elon Musk for XAI data centers

Indonesia is negotiating with Elon Musk to establish XAI data centers in Southeast Asia, a major step in the region’s tech development. Capacity Media

27. Split screens rule: The future of mobile multitasking

Split screens are emerging as the new standard for mobile multitasking, promising increased productivity and better user experiences across devices. Capacity Media

Nikita-Jiang

Nikita Jiang

Nikita Jiang is a dedicated journalist at Blue Tech Wave specializing in culture and technology. She holds a Bachelor's degree from King's College London and a Master's from the University of Manchester. Connect with her at n.jiang@btw.media.

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