Top tech news today: November 8, 2024

Top tech news today: UBS explores blockchain payments, Amazon expands Italy data centers, and Qualcomm benefits from rising chip sales.

1. UBS launches blockchain payment pilot

Swiss bank UBS is piloting a blockchain-based system to streamline payment processes and reduce operational costs in finance. Finextra

2. Türkiye hosts Internet Measurement Day

Türkiye’s Internet Measurement Day aims to boost transparency in digital infrastructure, engaging local stakeholders in discussions on network quality and internet access. RIPE

3. Amazon to invest $1.3B in Italy data centers

Amazon announces a $1.3 billion investment in Italy, expanding its data center footprint to support the country’s growing digital infrastructure. Economic Times

4. Qualcomm sales surge with Chinese demand

Qualcomm’s chip sales rise due to strong demand from Chinese smartphone makers, driving quarterly revenue growth. Medial

5. BT announces significant job cuts

UK telecom giant BT announces job cuts as part of a strategy to streamline operations and cut costs. Capacity Media

6. OpenAI acquires pricey domain name

OpenAI spends millions on a premium domain name as it enhances brand visibility and market position. Capacity Media

7. Warner Bros. CEO urges merger regulation

Warner Bros. Discovery’s CEO David Zaslav calls for tighter regulations on mergers, citing market consolidation concerns. Deadline

8. TSMC maintains US investment plan

Taiwan’s TSMC reaffirms commitment to U.S. expansion despite potential political changes, underscoring global manufacturing focus. Investing

9. AT&T buys spectrum licenses from U.S. Cellular

AT&T acquires spectrum licenses worth $1 billion from U.S. Cellular, aiming to expand its network reach. Slashdot

10. Qualcomm benefits from smartphone recovery

Qualcomm sees growth as Chinese smartphone market rebounds, driven by demand for advanced chipsets. Business Standard

11. Serve Robotics acquires Vebu automation

Serve Robotics purchases Vebu, known for avocado-picking automation, expanding its robotic capabilities. Restaurant Dive

12. Audi unveils new e-concept in China

Audi announces a rebrand and launches its latest e-concept, strengthening its presence in the Chinese EV market. The Verge

13. India raids Amazon, Flipkart sellers’ offices

Indian authorities raid vendors associated with Amazon and Flipkart, investigating potential violations. Economic Times

14. Japan JV secures Archer air taxi orders

JAL-Sumitomo JV wins rights for up to 100 Archer air taxis, marking progress in air mobility. i3 Investor

15. Australia considers social media age restrictions

Australia proposes a social media ban for users under 16 to enhance online safety. CBS News

16. Rivian and LG partner on new EV battery

Rivian teams up with LG Energy for a new EV battery, set for release in upcoming models. The Verge

17. AOL’s ‘You’ve got mail’ voice dies

Elwood Edwards, the iconic AOL voice behind “You’ve got mail,” passes away. NY Daily News

18. Google Cloud and Lumen team up on AI

Google Cloud collaborates with Lumen to enhance network operations using AI-driven solutions. Capacity Media

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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