Top Tech News Today: Jack Dorsey Calls Attacks on Former Twitter … – Analytics Insight
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Good morning tech fam, here are some quick tech updates for you to catch on to!
What’s New Today: According to Taiwanese officials, TSMC has not yet applied for more investment in the US, the request from TSMC to increase its investment in Arizona has not yet been received.
Fast-Track Insights: Since announcing new tax laws in July, the government has collected Rs 60.46 crore in cryptocurrency taxes, says MoS of Finance’s report to Rajya Sabha.
Former Twitter Inc. CEO Jack Dorsey took responsibility for the contentious decisions the firm made while he was in charge and referred to recent online attacks on his former employees as “destructive.” If you want to point the finger at someone, do it at me and my actions—or lack thereof—because he continues, “The present attacks on my former colleagues could be dangerous and don’t solve anything.” In support of the sale of Twitter to Musk, Dorsey argues that going private has provided the firm the opportunity for a “new reset.”
According to the appropriate officials, Taiwan’s government has not yet received the application from TSMC to extend its investment in Arizona to US$40 billion in order to develop a second fab there. In recent months, Beijing has increased its military aggression against Taiwan, a self-governing democracy that the Chinese Communist Party claims as its own territory despite never having had control of it. This has brought attention to the crucial role the island plays in the world’s chip manufacturing sector.
India is one of the top 3 sources of IoT malware, according to a Microsoft report. Organizations across the nation aiming to modernise workspaces, become more data-driven, and reduce expectations on staff through changes like remote management and automation can benefit greatly from IoT devices. “As a result, the landscape of cyber-threats is real and security is urgently needed. The software giant stated that Microsoft wants to “assist incident responders and security specialists better understand their settings and stop possible issues.”
Sam Bankman-Fried, the disgraced former CEO of FTX, was arrested by the Bahamian government a day after scandalous mismanagement at the company was revealed to the US House Committee on Financial Services. Ray claimed on November 17 that he had never witnessed such a “total collapse of corporate controls and such a complete absence of trustworthy financial information as transpired here” after taking over FTX after Bankman-Fried had resigned.
In response to a query in the legislature, Minister of State for Finance (MoS) Pankaj Chaudhary stated that since July of this year, the government had earned Rs 60.46 crore in tax on transactions involving virtual digital assets. In July, the government unveiled new tax regulations for digital assets. The MoS stated in a written reply to Rajya Sabha that “318 direct tax challans” totalling Rs 60.46 crore were received after Section 194S was added to the Income-tax Act of 1961.
Disclaimer: The information provided in this article is solely the author’s opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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