Technology Platform News
Ongoing news coverage and industry commentary for technology platforms, ranging from cyber-security through to cryptocurrency and beyond.
Tencent Holdings raises $4.2 billion in its second major bond deal in a year
Tencent has raised over $4 billion today in its second major bond deal in less than a year as global investors were enticed by its attractive pricing and overlooked a regulatory cr...
US China hawks seek to cut sales of chip-making tools to Beijing
Congressional China hawks are urging the Biden-Harris administration to restrict sales of chip-making tools to Chinese companies, similar to an action taken against telecommunicati...
White House blames Russian spy agency SVR for SolarWinds hack
The Biden-Harris White House has said in a statement that Russia’s foreign intelligence service, known as the SVR, was responsible for the SolarWinds hack, which led to the c...
US directs agencies to apply patches to Microsoft servers
The top cybersecurity official in the White House directed all government agencies to urgently apply new patches for Microsoft Exchange email servers to head off exploitation by ha...
Apple to hold special event on April 20
Apple Inc has said it will hold a special event on the 20th of April, with many expecting the tech giant to launch new iPad Pro models and other products ahead of its annual develo...
Bitcoin hits record before landmark Coinbase listing on Nasdaq
Bitcoin hit a record of $62,741, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the United States.
SolarWinds says dealing with hack fallout cost at least $18 million
SolarWinds said the sprawling breach stemming from the compromise of its flagship software product has cost the company at least $18 million in the first three months of 2021.
AI chip maker SambaNova raises $676 million, valued at over $5 billion
SambaNova Systems, a Silicon Valley start-up that makes semiconductors for artificial intelligence related computation work, has said it raised $676 million in a funding round led ...
US senator wants to ban ‘Big Tech’ from buying anything ever again
GOP Senator Josh Hawley, who has been a staunch critic of Big Tech over the past few years has introduced a bill that would ban all mergers and acquisitions by any company with a m...
Chinese tech start-ups pull IPO plans as Beijing tightens scrutiny
A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share sales instead, as regulators tighten scruti...
Microsoft in talks to buy AI firm Nuance Communications for $16 billion
Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications for about $16 billion, according to a source familiar with th...
China’s antitrust regulator bulking up as crackdown on behemoths widens
China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country’s powe...
US adds Chinese supercomputing entities to economic blacklist
The US Commerce Department has announced that it is adding seven Chinese supercomputing entities to a US economic blacklist for assisting Chinese military efforts.
Russian central bank considers digital rouble in 2023
The Russian central bank is considering limiting future transactions with a digital rouble to smooth the impact of its implementation, planned for 2023, Deputy Governor Alexei Zabo...