Techmeme
October 25, 2025, 7:10 AM

Top News

Bloomberg:
How Changpeng Zhao's pardon frees him to refocus on reclaiming ground in the US market, where Binance.US only has a 0.75% share of bitcoin trading volume  —  Hours after receiving a pardon from President Donald Trump, Binance Holdings Ltd.'s billionaire co-founder Changpeng Zhao issued a thank …
Max Chafkin / Bloomberg:
Zachary Small / New York Times:
Microsoft plans to bring its Halo franchise to the PlayStation for the first time with the launch of a 25th‑anniversary remake of Halo: Combat Evolved in 2026  —  As part of a strategic shift away from exclusivity, Microsoft is bringing Halo to Sony's competing console for the first time.
Bloomberg Law:
Source: President Trump has picked Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push  —  President Donald Trump has picked Michael Selig to chair the Commodity Futures Trading Commission, according to an administration official …
Wall Street Journal:
Sources detail how Sam Altman, Jensen Huang, Marc Benioff, and others brokered a call between SF Mayor Daniel Lurie and Trump to stop National Guard deployment  —  Sam Altman, Jensen Huang and Marc Benioff conferred with Mayor Daniel Lurie on how to persuade the president not to deploy the National Guard
The Information:
With an influx of Meta alums, some OpenAI staffers worry it is adopting Meta's tactics, like using social media dynamics with Sora and a softening stance on ads  —  This summer, Fidji Simo wasted no time addressing a concern among many at OpenAI.  —  Leading her first all-hands meeting …
Bloomberg:
Sources: PayPal to take over Carlyle's stake in Shopware, a German provider of e-commerce tools to merchants, with PayPal's stake increasing to ~41% from ~11%  —  PayPal Holdings Inc. is taking over a stake in German digital commerce company Shopware AG from a Carlyle Group Inc. fund, according to people with knowledge of the matter.
More: PYMNTS.com
Greg Bensinger / Reuters:
Lindo St. Angel, VP of hardware at Amazon's Lab126 R&D unit since 2010, plans to leave on October 31; he helped develop the Echo, Astro robot, and Fire tablet  —  A fifteen-year veteran of Amazon's devices division who had a hand in developing many of the most recognizable gadgets …
Junko Fujita / Reuters:
Shares of Japanese optical fiber maker Fujikura are up ~171% YTD, outpacing the Nikkei's 22% and lifting its market cap to $33B+ amid the AI data center boom  —  - Shares in optical fibre maker up 160% since start of 2025  — Founded in 1885, Fujikura started out making silk and insulated wires

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More News

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Emily Mason / Bloomberg:
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Earlier Picks

Lizette Chapman / Bloomberg:
Jess Weatherbed / The Verge:
Eliza Gkritsi / Politico:
Marcus Mendes / 9to5Mac:
Tom Warren / The Verge: