Top tech news today’s highlights include how Crypto industry seeks policy change after Trump’s victory, robotaxi regulatory challenges for Musk, Nvidia and ASML bet on AI growth.
1. Crypto industry pushes for policy change after Trump victory
The crypto industry is lobbying for significant policy changes, anticipating a more favorable regulatory environment following Donald Trump’s recent electoral victory. AML Intelligence
Also read: Trump the crypto advocate: Analyzing Trump’s cryptocurrency policies
2. Global crypto market hits $3T amid Trump bump
The global cryptocurrency market has reached a record $3 trillion, fueled by market optimism triggered by Trump’s political success. Techopedia
3. Trump’s victory may ease Musk’s robotaxi regulatory path
Trump’s electoral win could simplify regulatory hurdles for Musk’s robotaxi project, although challenges persist in overcoming safety concerns and public acceptance. MoneyControl
Also read: Waymo launches the largest robotaxi service in Los Angeles
4. Google calls for fibre-optic cables to be critical infrastructure in Africa
Google has urged the US and other nations to recognize fibre-optic cables as critical infrastructure, emphasizing their importance for connectivity and economic development in Africa. Reuters
5. UK’s Ofgem approves five new North Sea power links
Ofgem has granted approval for five new North Sea energy links, aiming to enhance the UK’s energy connectivity and its transition to cleaner energy sources. Capacity Media
6. US regulator may put Google under federal supervision
The Federal Trade Commission is considering placing Google under federal supervision, a significant move to address antitrust concerns surrounding the tech giant. Reuters
7. EU fines Meta $797 million over Facebook Marketplace practices
The European Union has fined Meta $797 million for engaging in anti-competitive practices that favored its Facebook Marketplace over competitors. Investing.com
Also read: Meta cuts 40% EU users’ fee on Facebook and Instagram
8. JD.com struggles with consumption weakness, misses revenue estimates
JD.com continues to face weak consumer demand, missing revenue targets as it grapples with slowing economic growth and ongoing market challenges. MSN
9. Booking.com must comply with EU’s Digital Markets Act
The European Commission has mandated that Booking.com comply with the Digital Markets Act, which aims to regulate the conduct of large online platforms in the EU. EurActiv
10. Siemens plans up to 5,000 job cuts amid struggles
Siemens is considering cutting up to 5,000 jobs as the company faces ongoing financial struggles and aims to streamline its operations. India Today
11. India to probe Ola Electric over service standards
India’s government is investigating Ola Electric for potential violations of service standards after complaints from customers regarding its e-scooters. Economic Times
12. Nvidia’s new Jetson Thor powers humanoid robots
Nvidia’s latest chip, Jetson Thor, is designed to enhance humanoid robot capabilities, making them smarter and more efficient for various applications. IoT Tech News
13. ASML maintains 2030 sales forecast driven by AI demand
ASML is confident in its 2030 sales forecast, with AI-driven demand for its advanced semiconductor equipment leading growth prospects. Bloomberg
14. ASML CEO discusses AI boom benefits
ASML’s CEO highlights the significant benefits of the AI boom for the company, with growing demand for cutting-edge semiconductor manufacturing technology. US News
15. Vaulted Deep raises funds to inject carbon waste into wells
Climate-tech startup Vaulted Deep has secured funding to further its mission of injecting carbon waste into deep wells as part of a sustainable solution to reduce emissions. Reuters
16. La Vanguardia leaves disinformation network X
Spanish newspaper La Vanguardia has distanced itself from the disinformation network known as X, a move marking a significant step in combating fake news. Al Jazeera
17. TikTok launches AI-powered video platform for advertisers
TikTok has unveiled an AI-powered video platform aimed at enhancing advertising opportunities for global marketers, leveraging advanced algorithms. Reuters
18. FTC’s Holyoak concerned about AI collecting children’s data
The FTC’s Holyoak has raised concerns over AI technologies collecting children’s data, calling for stricter regulation to protect privacy and safety. US News
19. Google launches AI voice assistant Gemini on iPhone
Google has rolled out its AI-powered voice assistant Gemini for iPhone users, offering enhanced voice recognition and smarter interactions. Reuters
20. Pony.ai seeks $4.5 billion valuation for US IPO
Chinese robotaxi company Pony.ai is aiming for a $4.5 billion valuation in its upcoming US
