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May 28, 2025, 11:01 AM
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| Jordan Novet / CNBC: |
Circle's S-1 shows that 60% of the 24M shares available in its IPO come from existing stakeholders rather than the company, a highly unusual move in a tech IPO — Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That's not the only unusual aspect of its IPO.| Bloomberg: |
Circle aims to raise up to $624M in its US IPO, offering 24M shares at $24-$26 each, valuing it at ~$5.65B, or ~$6.7B fully diluted, at the top of the range — The New York-based company behind the second-largest stablecoin and some of its shareholders are offering 24 million shares for $24 to $26 each …
More: Decrypt, Reuters, Bitcoin Insider, Blockhead, CNBC, Capital Brief, Tech in Asia, Yahoo Finance, American Banker, The Block, The Crypto Times, CryptoNinjas, Watcher Guru, The Crypto Basic, SiliconANGLE, TheStreet, PYMNTS.com, Proactive, Coinspeaker, Cryptopolitan, Crypto Briefing, crypto.news, Coinpedia Fintech News, The Crypto Times, Cointelegraph, Bitcoin Insider, CryptoSlate, Axios, The Block, Ledger Insights, and CoinDesk
X: @bc_kucoin, @xx_1133_1221_11, @riddle245, @fiddyresearch, @arturo_p_a, @woonomic, and @infinitybanyan. Forums: r/ethtrader
| Marcus Mendes / 9to5Mac: |
The EU publishes its April 23 decision to fine Apple €500M for DMA non-compliance; Apple has until end of June to become compliant or face periodic fines — Update: Apple has responded to the ruling with a statement provided to 9to5Mac, calling it “bad for innovation, bad for competition, bad for our products, and bad for users.”
More: MacRumors, WinBuzzer, AppleInsider, MacTech.com, Android Headlines, Spyglass, European Commission, and MacStories
| Giovanni Colantonio / Digital Trends: |
Apple acquires RAC7, the two-person studio behind the popular Apple Arcade game Sneaky Sasquatch, marking its first acquisition of a video game studio — Exclusive: Apple has acquired the two-person studio behind Sneaky Sasquatch, one of Apple Arcade's most popular games. — Sneaky Sasquatch Trailer — Apple Arcade
More: Game Developer, TechRaptor, MacStories, WebProNews, Moneycontrol, Tech in Asia, KitGuru, GamesIndustry.biz, 80 Level, Video Games Chronicle, iThinkDifferent, How-To Geek, Stevivor, CNET, Engadget, PocketGamer.biz, MacTech.com, MacRumors, 9to5Mac, AppleInsider, MobileSyrup, and Six Colors
Bluesky: @patbits, @craiggrannell, @craiggrannell, @johnvoorhees.macstories.net, and @pokachee
X: @aaronp613, @neil_long_, and @dylanmcd8
Forums: r/Games and MacRumors Forums
| Mark Gurman / Bloomberg: |
More: TechCrunch, The Verge, Business Standard, Metro.co.uk, PCMag, Cult of Mac, Creative Bloq, Android Headlines, BGR, Tom's Guide, PocketGamer.biz, Beebom, Financial Express, Gameranx, FlatpanelsHD, Android Authority, Tech in Asia, Digit, MobileSyrup, Video Games Chronicle, AppleInsider, TechRadar, 9to5Mac, PYMNTS.com, iThinkDifferent, The Shortcut, Destructoid, iDrop News, Macworld, Mobilegamer.biz, iPhone in Canada, Eurogamer.net, PhoneArena, MacTech.com, iClarified, MacRumors, and O'Grady's PowerPage
Bluesky: @terrible.moe, @knoebel, @marioprime, @papapishu, and @geminibros
X: @aaronp613, @snazzylabs, @bdsams, @snazzylabs, @deeketweak, @paultassi, @parkerortolani, @loudmouthjulia, @tomaxwell, and @markgurman
Forums: Hacker News, r/TwoBestFriendsPlay, r/apple, r/macgaming, r/SneakySasquatch, and MacRumors Forums
| Hartley Charlton / MacRumors: |
Apple launches its Self Service Repair program for the iPad lineup, a first, and plans to bring the program to Canada in summer, the 34th country to offer it — Apple today announced that its Self Service Repair program is expanding to the iPad. — The program will provide iPad owners with manuals …
More: Apple, 9to5Mac, Thurrott, Macworld, TechCrunch, Forbes, The Verge, AppleInsider, Mirror, PhoneArena, BetaNews, Cult of Mac, and MacTech.com
Forums: r/apple and MacRumors Forums
| Wall Street Journal: |
Inside a “laptop farm” run by a 50-year-old US woman that let DPRK IT workers pose as US tech staff and illegally earn $17.1M from more than 300 US companies — A LinkedIn message drew a former waitress in Minnesota into a type of intricate scam involving illegal paychecks and stolen data| Tim Balk / New York Times: |
A look at issues facing self-driving trucks in the US as Aurora, whose new truck has logged 1,000+ driverless miles on I-45, aims for 20+ trucks by year's end — As the trucking industry struggles to recruit drivers, driverless trucks won't need sleep, won't speed and won't get road rage.
More: New York Post, Futurism, and The Economic Times
Bluesky: @daviddarmofal. X: @transportworker. LinkedIn: Damien Weiss. Forums: Hacker News and r/technology
| Financial Times: |
Sources: Nvidia suppliers Foxconn, Inventec, Dell, and Wistron made breakthroughs to resolve issues from 2024 that delayed Blackwell AI server “rack” shipments — Technical breakthroughs allow partners to begin shipments of cutting-edge ‘Blackwell’ artificial intelligence servers| Naga Avan-Nomayo / The Block: |
Filing: GameStop acquires 4,710 bitcoin for its corporate treasury, but does not disclose the total purchase amount, after announcing a bitcoin plan in March — - The video game retailer announced a 4,710 bitcoin purchase on May 28. — GameStop previously announced plans to adopt Bitcoin …
More: Reuters, Decrypt, Quartz, Barron's Online, Bitcoin Insider, Blockonomi, crypto.news, CryptoSlate, CNBC, Watcher Guru, CoinDesk, Bitcoin Magazine, Cryptopolitan, Forbes, Cointelegraph, CBS News, Yahoo Finance, Coinpedia Fintech News, Crypto Briefing, Tech in Asia, The Crypto Times, CryptoPotato, Hürriyet Daily News, and CoinGape. X: @gamestop
| Oliver Knight / CoinDesk: |
Pavel Durov says Telegram and xAI agreed a one-year deal to distribute Grok; Telegram will get $300M in cash and equity from xAI and 50% of subscription revenue — Telegram will also receive 50% of revenue from xAI subscriptions sold via the app. — What to know:| Aisha Malik / TechCrunch: |
Instacart appoints Chief Business Officer Chris Rogers as its new CEO, effect August 15, replacing Fidji Simo, who left to become OpenAI's CEO of Applications — Instacart announced on Wednesday that its chief business officer, Chris Rogers, has been appointed as the company's new CEO.
More: The Information, Reuters, Adweek, Bloomberg, CNBC, Chain Store Age, Fast Company, and Instacart Corporate Blog
| Bloomberg: |
Texas enacts an online child safety bill requiring app stores to verify users' ages and secure parental approval before minors can get most apps or make IAPs — The Elite Microsoft Unit Constantly Working to Thwart Hackers … Explainers
More: Reuters, The Economic Times, New York Times, PCMag, Tech Times, The US Sun, BBC, 9to5Mac, The Mac Observer, The Information, AppleInsider, Social Media Today, Texas Politics, The Verge, TechCrunch, and Engadget
Bluesky: @harris.zone. X: @angelapaxtontx, @senatorshoshana, @rsi, @melissa_m818, @sayreevan, @greysontgee, @vanceginn, @dddunmoyer, and @digichildallnce
Forums: r/apple and r/JoeRogan
| Greg Otto / CyberScoop: |
Zscaler agrees to acquire Red Canary, a provider of managed detection and response services, for an undisclosed sum; the deal is expected to close in August — The deal reflects a growing trend in cybersecurity toward consolidation and integration. — Learn more.
More: Red Canary, Zscaler, CRN, Cyber Security News, Verdict, The Stack, SiliconANGLE, and SecurityWeek
| Wes Davis / The Verge: |
Discord unveils Discord Orbs, a new in-app currency in beta that users can earn by completing Quests, which reward participants who interact with ads — ‘Discord Orbs’ will let users earn free Nitro by playing with interactive ads. … Discord is beta testing “Discord Orbs,” …
More: Discord Blog and PC Gamer
| Billy Perrigo / Time: |
A look at Tools for Humanity, cofounded by Sam Altman, as the company plans to deploy 7,500 iris-scanning Orbs across the US over the next 12 months — Once again, Sam Altman wants to show you the future. The CEO of OpenAI is standing on a sparse stage in San Francisco, preparing to reveal his next move to an attentive crowd.
More: Windows Central and Fox News
| Ryan Browne / CNBC: |
Getty Images CEO Craig Peters says Getty is spending “millions and millions” on its Stability AI lawsuit in the UK and the US, accusing it of copying 12M images — Peters told CNBC in an interview that both Stability AI — the U.K.-based startup best known for its text …
Bluesky: @neilturkewitz
| MacKenzie Sigalos / CNBC: |
Block plans to roll out bitcoin payments on Square in H2 2025; the system runs on the Lightning Network and lets merchants accept bitcoin via Square's hardware — LAS VEGAS — Jack Dorsey's latest bitcoin vision is hitting the checkout counter — starting with a merch truck parked just off the casino floor inside The Venetian.| Dina Bass / Bloomberg: |
Bell Canada plans to invest hundreds of millions to build data centers in six Canadian cities; the first, set to launch in June, has Groq as an anchor tenant — BCE Inc., Canada's largest telecom company by revenue, will set up a network of artificial intelligence data centers across the country …
More: BetaKit, MarketWatch, and Yahoo Finance
| Antonio G. Di Benedetto / The Verge: |
Microsoft Surface Laptop 13 review: exquisite hardware, great keyboard, trackpad, and battery, and a 3:2 display, but Snapdragon X has app compatibility issues — That Snapdragon X-powered laptop matched the MacBook in build quality, battery life, and at least some aspects of performance … | Reuters: |
Sources: Shein is shifting its IPO plans from London to Hong Kong after failing to secure approval from Chinese regulators, and aims to file in the coming weeks — Shein is working towards a listing in Hong Kong after the online fast-fashion retailer's proposed initial public offering (IPO) …
More: PYMNTS.com, Tech in Asia, Yahoo Finance, The Times, The Guardian, and Bloomberg
| Financial Times: |
Humain, Saudi Arabia's new state-owned AI company, says it is seeking investment from US tech companies and investors, and plans to launch a $10B VC fund — PIF-backed Humain courts US tech investors and plans $10bn venture fund — Andrew England and Ahmed Al Omran in Riyadh| Nathan Vifflin / Reuters: |
TSMC plans to open a design center in Munich in Q3 2025 to support European customers in designing chips for automotive, industrial, AI, and IoT applications — Taiwan Semiconductor Manufacturing Co (2330.TW), the world's largest contract chipmaker, said on Tuesday it will open a design centre in Munich …
More: TechNode, Wall Street Journal, Benzinga, Bloomberg, Verdict, Insider Monkey, EE Times, MacDailyNews, insideAI News, eeNews Europe, and DigiTimes
Forums: r/europe, r/hardware, and r/EU_Economics
| Arjun Kharpal / CNBC: |
ASML's stock is down ~25% in the past year from a record ~€1,000 in July 2024, cutting $130B+ from its market cap, amid China export rules and US tariffs — More than $130 billion of value has been wiped off of ASML in under a year amid restrictions on exports to China and U.S. tariff uncertainty
More: Benzinga, Tech in Asia, and Reuters
| Bloomberg: |
A recent surge in high-profile cyberattacks is boosting cyber insurers' prospects, with global premium volume expected to hit ~$30B by 2030, growing at 10% YoY — A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb Ltd. to cash … | Counterpoint Research: |
In Q1 2025, the iPhone 16 was the best selling smartphone globally, followed by the iPhone 16 Pro Max, 16 Pro, 15, Samsung Galaxy A16, Galaxy A06, and S25 Ultra — - Apple's iPhone 16 was the best-selling smartphone in Q1 2025. This also marked the return of the iPhone series' base variant …
More: AppleInsider, Moneycontrol, and MacTech.com
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