TECH

ORACLE TO INVEST $6.5 BN IN MALAYSIA CLOUD CENTERS

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Tech giant, Oracle, has announced a massive $6.5 billion investment in cloud services data centers in Malaysia. The move places Oracle among a growing number of American tech giants racing to establish a strong AI infrastructure in the region.

DUTCH ANNOUNCES BROADER RESTRICTIONS ON SEMICONDUCTOR MACHINES

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The Dutch government has announced broader restrictions on exports of semiconductor-making machines produced by sector heavyweight ASML, aligning itself with US curbs on technology at the center of trade tensions with China.

CALIFORNIA GOVERNOR NEWSOM HAS VETOED AI SAFETY BILL

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California Governor Gavin Newsom has vetoed a bill intended to regulate powerful artificial intelligence models, citing concerns from tech industry leaders and critics who argued the legislation was overly restrictive.

THE DARK WEB IN YOUR POCKET, ‘TELEGRAM’

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Telegram, a messaging app once hailed for its commitment to privacy and freedom of speech, has increasingly come under fire for its role in facilitating criminal activities. The recent arrest of its CEO, Pavel Durov, in France has spotlighted the platform’s dark side, triggering a global debate about the responsibilities of tech companies in content moderation.

MICROSOFT TO FACE HEIGHTENED REGULATION ON AI IN GERMANY

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Germany's Federal Cartel Office (FCO) has designated Microsoft as a company with "paramount cross-market significance for competition." This classification, announced on September 30, 2024, places the tech giant under heightened regulatory scrutiny for the next five years.

META AND SPOTIFY CEOs CHALLENGE EU AI REGULATIONS, HIGHLIGHTING INNOVATION BARRIERS

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Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have joined forces to criticize the European Union's approach to regulating artificial intelligence. The tech leaders argue that overly complex rules are stifling innovation and hampering the development of open-source AI in Europe.

TELEGRAM CEO ANNOUNCES CRACKDOWN ON "PROBLEMATIC CONTENT"

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Pavel Durov, telegram's founder and chief executive said on Monday that the messaging platform had removed more "problematic content", weeks after his arrest in France on charges of failing to act against criminals using the app.

PATREON FORCED TO ADOPT APPLE'S IN-APP PURCHASES

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Patreon announced on August 12, 2024, that it must transition to Apple's in-app purchasing system or face removal from the App Store. This move comes after years of Patreon operating in a gray area regarding Apple's policies.