Italy’s security committee reviews data storage
After Intesa’s breach, Italy’s security committee is set to scrutinize data storage practices to improve national cybersecurity. Reuters
SAP stock hits record high amid cloud demand
SAP stock surged as demand for its cloud products skyrocketed, marking a new high for the German tech giant. Investopedia
ZF abandons plans for German chip plant
ZF has quit its project to build a chip plant in Germany, leaving rival Wolfspeed to lead the venture. Automotive News Europe
Three Mile Island nuclear plant to reboot with tech
The iconic Three Mile Island nuclear plant prepares for a major tech overhaul with backing from big tech companies. Communications Today
Microsoft and UK government sign AI, cloud deal
Microsoft and the UK government have signed a five-year agreement to focus on AI and cloud technology development. Think Digital Partners
Cisco shuts down DevHub after data breach
Cisco closes its DevHub developer environment following a significant data breach, aiming to prevent further damage. Capacity Media
NRK taps Juniper for IP broadcasting infrastructure
NRK partners with Juniper Networks to modernize its broadcasting infrastructure using IP-based technology. Capacity Media
TSMC linked to Huawei chip shipments in violation
TSMC reportedly shipped chips to Huawei, possibly violating US restrictions aimed at curbing China’s access to advanced AI technologies. Reuters
Qualcomm, Alphabet team up on automotive AI
Qualcomm and Alphabet join forces to boost AI capabilities for automotive technology, as Mercedes secures a new chip deal. Investing.com
Meta wins lawsuit over child safety concerns
Meta Platforms defeated a shareholder lawsuit over claims regarding its handling of child safety issues on its platforms. AllSides
TSMC alerted US of potential China chip breach
TSMC notified the US government of a potential violation related to supplying AI chips to China. The Straits Times
Roblox plans office in Turkey, pending platform access
Roblox is planning to open an office in Turkey, contingent on the restoration of platform access in the country. Reuters
US offers credits for chip production projects
The US government provides credits to companies building semiconductor plants as part of its Chips Act initiative. The Register
Anthropic releases AI tool to control users’ mouse
Anthropic publicly launched an AI tool capable of taking over users’ mouse cursors, pushing AI boundaries further. Ars Technica
BlackRock launches two AI-focused ETFs
BlackRock capitalizes on the AI frenzy by launching two new ETFs, targeting investors interested in AI-driven market growth. Business Times