Top tech stories today: October 30, 2024

1. Brazil crypto imports rise 60% through September

Brazil’s cryptocurrency imports surged by 60% through September, already surpassing the total for 2023. This marks a growing interest in crypto in Brazil. Watcher Guru


2. ConsenSys to lay off employees amid SEC pressures

Blockchain firm ConsenSys faces layoffs as it deals with ongoing SEC regulatory pressures, reflecting the challenges in the crypto industry. Crypto Briefing


3. Nubank to launch telecom mobile service in Brazil

Brazilian digital lender Nubank plans to enter the telecom market by offering mobile services, expanding its footprint in the country. The Star


4. Elon Musk predicts $10B robot market by 2040

Elon Musk aims to capture the humanoid robot market, estimating each robot will cost between $20K and $25K, with a $10B market by 2040. Reuters


5. Corning forecasts positive results amid demand uptick

Corning expects strong quarterly results, citing increased demand across sectors as a key driver for its optimistic outlook. Beamstart


6. Sparkle pioneers quantum-safe communications tech

Telecom provider Sparkle has introduced a quantum-safe communication service, focusing on safeguarding data from future quantum computing risks. Capacity Media


7. Snap beats Q3 estimates, announces $500M buyback

Snap reported strong Q3 earnings, surpassing estimates and unveiling a $500 million share buyback program to boost shareholder value. Investing.com


8. Apple expects biggest revenue surge in years

Fueled by high iPhone demand in China, Apple forecasts its largest revenue growth in two years, marking a comeback in the market. MacDailyNews


9. Intel braces for significant Q4 revenue drop

Intel anticipates a substantial Q4 revenue decline, reflecting continued challenges in the chip market amid growing competition. Beamstart


10. TDK partners with McLaren on EV tech

Apple supplier TDK has teamed up with McLaren Racing to advance EV technology, focusing on enhanced battery solutions for electric vehicles. Zawya


11. ByteDance founder Zhang Yiming tops China’s rich list

ByteDance founder Zhang Yiming has become China’s wealthiest individual, reflecting the booming value of his TikTok-owning company. Euronews


12. NTT Data, Palo Alto join forces on cybersecurity

NTT Data and Palo Alto Networks announced a partnership to enhance cybersecurity solutions, aiming to combat growing cyber threats. Capacity Media


13. Reddit sees user growth, revenue boost

Reddit reported a strong earnings quarter with increased user growth and a rise in ad revenue, underscoring platform popularity. The Verge


14. Forcefield launches tool to detect deepfakes

Forcefield introduces technology to verify source data, aiming to detect deepfakes and digital deception with heightened accuracy. TechCrunch


15. Alphabet beats quarterly revenue expectations

Google’s parent company Alphabet exceeded revenue estimates for the latest quarter, showcasing strong performance amid challenges in tech. Reuters


16. AMD outperforms with strong Q3 revenue

Chipmaker AMD surpassed its Q3 revenue estimates, signaling resilience in the semiconductor industry despite market volatility. Reuters


17. Elon Musk’s xAI eyes $40B valuation in funding round

Elon Musk’s AI company, xAI, is pursuing funding to reach a $40 billion valuation, intensifying its competitive stance in AI. WSJ


18. Banfs introduces fuel-saving smart tires for trucks

Banfs unveils smart tires for trucks designed to save fuel and improve road safety, targeting the transportation industry. TechCrunch


19. Netflix’s top execs depart amid internal reshuffle

Netflix’s communications chief and VP of public policy have announced exits, signifying strategic changes within the company. Deadline


20. MDC develops MRI-compatible surgical robot

Startup MDC is building a surgical robot that can operate within MRI machines, enhancing precision in medical procedures. TechCrunch

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 *