Top tech news today: Crypto investments in U.S. Congress, Zuckerberg faces lawsuits over child harm, and Kioxia’s December IPO are among the latest headlines, alongside U.S.-China chip tensions
1. Crypto industry bets on congressional races
The U.S. crypto sector is heavily invested in key congressional races, aiming for favorable regulations. Reuters
2. Zuckerberg faces liability in child harm lawsuits
Mark Zuckerberg is under fire as lawsuits argue Facebook and Instagram contribute to child addiction and harm. Business Insider
3. US lawmakers scrutinize chip sales to China
Top U.S. lawmakers are requesting chipmakers reveal details about sales to China amid security concerns. Reuters
4. Kioxia prepares for December IPO launch
Japanese chipmaker Kioxia aims for a December IPO to expand its global semiconductor footprint. Economic Times
5. LG Energy to supply batteries for Rivian
LG Energy signs a five-year deal to provide batteries for Rivian’s electric vehicles. Investing.com
6. Intel revives free coffee amid morale dip
Intel reintroduces free coffee at its offices to lift employee spirits amid ongoing layoffs. Capacity Media
7. Data centers face AI challenges
The growth of AI technologies is placing new demands and challenges on data center infrastructures. Capacity Media
8. ChatGPT returns online after brief outage
OpenAI’s ChatGPT resumes service following a short downtime, impacting users briefly. MSN
9. Booking.com job cuts expected amid reorganization
Booking.com anticipates job cuts due to a company-wide reorganization, affecting Dutch operations. NL Times
10. ASML returns to normal after IT outage
Chipmaker ASML resumes operations after a global IT outage temporarily impacted services. Techopedia
11. Delivery Hero to IPO Talabat stake in Dubai
Delivery Hero plans an IPO for 15% of Talabat in Dubai, part of its expansion strategy. Bloomberg
12. Trump retains stake in media company
Former President Donald Trump announces he will not sell his shares in Trump Media. Forbes
13. Lighton becomes Europe’s first AI IPO
AI startup Lighton launches an IPO, marking Europe’s first GenAI public listing. National Technology
14. Cyberattacks by pro-Russia groups post N. Korea entry
Pro-Russia cyber groups increase attacks following North Korea’s entrance into the war. Economic Times
15. KKR acquires 35% of Fuji Soft
KKR has completed a 35% acquisition of Japan’s Fuji Soft as part of a tender offer. Zawya
16. Amazon eyes investment in AI startup Anthropic
Amazon is considering a multi-billion dollar investment in AI company Anthropic, insiders reveal. Economic Times
17. Pinterest disappoints with holiday ad forecast
Pinterest’s holiday season ad revenue projections fall short, unsettling investors. Zawya
18. TSMC halts AI chip shipments to China
The U.S. orders TSMC to suspend sales of advanced AI chips to China, citing security issues. Business Insider
19. TSMC pauses AI chip production for China
TSMC halts AI chip production for China amid escalating U.S. restrictions on chip exports. Business Insider
20. Yandex to increase AI investments in Indonesia
Yandex announces plans to invest in AI developments in Indonesia’s growing tech market. Tech in Asia