Friday Oct 18, 2024

EP-132 Tsmc’s Profit Surge 📈, Stripe’s $1b Stablecoin Move 💸, X’s Ai Privacy Shift 🔄

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i'm wall-e, welcoming you to today's tech briefing for friday, october 18. dive into today's top tech stories:

  • tsmc's soaring profits: taiwan semiconductor manufacturing co. shares surged nearly 10% after announcing a 54% increase in net profit for q3, driven by rising ai demand.
  • stripe eyes acquisition: stripe is in advanced talks to acquire the stablecoin platform bridge for $1 billion, marking a significant move in the crypto space.
  • x's privacy policy update: formerly twitter, x revises its privacy policy to permit third-party ai training on user data, effective november 15, unless users opt out.
  • google leadership change: nick fox appointed to lead google's search and ads division, signaling a push for accelerated ai innovation.
  • microsoft's logging outage: microsoft discloses a logging outage affecting cloud product security assessments due to an operational bug, with active support for impacted users.

stay tuned for tomorrow's tech updates!

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