Top tech stories today: October 18, 2024

Worldcoin ramps up iris-scanning crypto project

Sam Altman’s Worldcoin is intensifying efforts to grow its iris-scanning cryptocurrency project, focusing on privacy and financial inclusion amidst increasing regulatory scrutiny. XM

FBI arrests man for bitcoin manipulation and SEC hack

The FBI has arrested a man linked to hacking the SEC’s EDGAR system, accusing him of manipulating bitcoin prices and reaping illegal profits. Channel News Asia

RIPE NCC launches new RPKI dashboard for users

RIPE NCC introduces a new resource certification dashboard, making it easier for users to manage and track their RPKI data for enhanced security. RIPE NCC

Biden administration to ease chip export restrictions

The Biden administration is reportedly planning to ease export restrictions on semiconductors to China, aiming to balance national security concerns with global tech interests. Yahoo Finance

Schneider Electric to buy Motivair for $850 million

Schneider Electric is acquiring data center cooling company Motivair for $850 million, bolstering its portfolio of sustainable cooling technologies. The Star

Amazon AWS CEO urges employees to return to office

Amazon Web Services CEO warns employees who resist returning to the office they may need to “quit,” underscoring the company’s post-pandemic workplace policy. New York Post

Netflix surpasses earnings targets with 5.2M new subscribers

Netflix beats Q3 earnings estimates, adding 5.2 million new subscribers globally, buoyed by strong content offerings and cost-saving measures. AOL

Meta’s oversight board seeks public input on hate speech

Meta’s oversight board is asking for public comments on its hate speech moderation policies, aiming for transparency and improved enforcement. Economic Times

Google reorganizes Gemini and DeepMind units

Google is restructuring its AI division, consolidating Gemini and DeepMind into a unified entity to streamline operations and accelerate AI innovation. Axios

Trump claims Tim Cook concerned over EU penalties

Donald Trump says Apple’s CEO Tim Cook called him to express concerns over EU regulations that could impose heavy fines on the tech giant. New York Post

South Korea vows stronger penalties for tech leaks

South Korea is introducing stricter penalties to prevent technology leaks, following recent incidents of intellectual property theft in its semiconductor industry. US News

US chip stocks rally after TSMC’s strong AI outlook

US chip stocks soared after TSMC’s AI-driven Q3 results impressed investors, sparking renewed optimism in the semiconductor market. Investing.com

Nvidia reaches all-time high after TSMC results

Nvidia stock hit a record high after TSMC’s strong quarterly performance bolstered confidence in the AI-driven semiconductor sector. TradingView

Chinese robotaxi firm Pony.AI files for US IPO

Chinese robotaxi company Pony.AI has filed for an IPO in the United States, looking to capitalize on its advancements in autonomous vehicle technology. Nikkei 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.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *