Top tech news today: November 11, 2024

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

Vionna-Fiducia Theja

Vionna Fiducia Theja

Vionna Fiducia Theja is a passionate journalist with a First Class Honours degree in Media and Communication from the University of Liverpool. A storyteller at heart, she delves into the vibrant worlds of technology, art, and entertainment, where creativity meets innovation. Vionna believes in the power of media to transform lives and spark conversations that matter. Connect with her at v.zheng@btw.media.

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