Top tech news today: November 14, 2024

Top tech news today’s highlights include Viettel’s open RAN 5G launch, Google Gemini AI enhancing Pixel security, and Meta’s 2025 ad plans for Threads.

1. Bitcoin rises above $90,000 amid Trump euphoria

Bitcoin surges past $90,000, influenced by renewed optimism around Trump’s political comeback. Investors appear encouraged by the potential impacts of his policies. Source: Business Times

Also read: Rising Tesla, rising Trump: Musk’s big bet on power

2. Crypto legislation likely under Trump, says ex-SEC chief

Former SEC Chairman suggests Trump’s administration could introduce crypto regulations, bringing clarity to the industry and potentially impacting digital assets significantly. Source: Reuters

Also read: Dogecoin rise 20% over Trump’s new Department of Governance Efficiency

3. Tesla recalls over 2,400 Cybertrucks in sixth callback this year

Tesla issues its sixth Cybertruck recall of 2024, impacting 2,400 vehicles. The recall addresses specific technical issues identified during post-release testing. Source: WION

Also read: Why Trump’s win is driving Tesla shares to new highs

4. Viettel launches open RAN 5G network in Vietnam

Vietnam’s Viettel deploys the nation’s first open RAN 5G network with Qualcomm technology, aiming to strengthen connectivity and tech innovation within the country. Capacity Media

5. Google Gemini AI boosts Pixel’s spam protection

Google’s Gemini AI aims to safeguard Pixel users from spam calls and rogue apps, adding enhanced security features to the device’s existing protections. BGR

6. Google Play Protect unveils live malware detection

Android’s Google Play Protect now offers real-time malware detection, heightening app security and minimizing threats for Android users globally. The Verge

7. Supreme Court considers Nvidia fraud lawsuit

The U.S. Supreme Court reviews Nvidia’s appeal against a securities fraud lawsuit tied to misleading statements on crypto-related sales growth. Economic Times

8. Musk appoints new CFO for X social platform

Elon Musk’s X names Mahmoud Reza Banki as CFO, marking another significant leadership change at the social media company. Reuters

9. China hackers wiretap data from global telecoms

China-based hackers have reportedly accessed sensitive data from major telecommunications networks worldwide, raising security concerns. Politico

10. Bankman-Fried associate creates fraud detection tool

A key figure linked to Sam Bankman-Fried is reportedly building a new fraud detection system as he cooperates with U.S. prosecutors. Channel News Asia

11. NLRB rules against Amazon on anti-union meetings

The U.S. labor board bars Amazon from requiring anti-union meetings, a decision aimed at strengthening workers’ unionization rights. U.S. News

12. FBI investigates Polymarket CEO amid regulatory concerns

The FBI has opened an investigation into Polymarket’s CEO, probing the company’s practices in the fast-growing prediction market industry. WSJ

13. The Guardian quits X over harmful content

Citing rising concerns over racism and conspiracy theories, The Guardian has exited Elon Musk’s X social media platform. Reuters

14. Meta to introduce ads on Threads in 2025

Meta plans to launch ads on its Threads platform early next year, aiming to expand revenue from its growing social media network. The Information

15. Foxconn anticipates strong Q3 results from AI boom

Apple supplier Foxconn expects robust Q3 earnings due to increased AI-related demand, highlighting the tech sector’s ongoing growth. Reuters

16. AMD cuts workforce to prioritize AI development

AMD reduces its workforce by 4%, approximately 1,000 employees, to refocus resources on advancing its AI initiatives. Straits Times

17. Cisco raises revenue forecast amid AI growth

Cisco adjusts its annual revenue forecast upwards, reflecting increasing demand in AI and related technologies. Faharas News

18. California nuclear plant adopts AI for licensing

California’s Diablo Canyon nuclear facility turns to AI for assistance with regulatory compliance as it faces new licensing challenges. Reuters

19. CoreWeave secures $650M in AI funding round

CoreWeave’s $650 million secondary sale highlights growing investor interest in AI startups and advanced tech infrastructure. Market Screener

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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