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October 25, 2025, 1:00 PM
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Mediagazer
memeorandum
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| 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 … | The Information: |
Sources: OpenAI is developing AI tools to generate music from text and audio prompts, including capabilities such as adding guitar accompaniment to vocal tracks — OpenAI recently made a splash with artificial intelligence that generates short videos from text prompts—say, a scene from …
More: WinBuzzer and The Decoder
X: @herbiebradley, @_simonsmith, @kimmonismus, @yoemsri, @vraserx, @ideafaktory, @mpawlo, @thisismarkpaul, @jasonbotterill3, @btibor91, @_mrosenfield, @nearcyan, @tegmark, @deryatr_, @synthwavedd, @cgoodman308, @rileybrown_ai, @cleanzmedia, @xinsidercrypto, @andrewcurran_, @obie, and @doomslide
Bluesky: @veryrecent1, @jtbutthead, @wowbaggert, @paulwaldman, @justincoke, and @edzitron.com. Forums: r/singularity
| Forbes: |
A look at AI startups aiming to address loneliness among the elderly; a study predicts the AI market for aging and elderly care will grow to over $43B in 2025 — The AI boom has brought with it a new crop of startups looking to build a business on an urgent but vaguely dystopian idea: solving loneliness among the elderly.
LinkedIn: Richard Nieva, Jessi Gormezano, Rashi Shrivastava, Forbes, and Krzysztof Ostrowski
Bluesky: @ndrew, @realjmw, @guillotineshout, @jarjarfan69, @eotimpulse, @dixonij, @rovaz, @kathleen.loadingreadyrun.com, @alexarrelia, @edzitron.com, and @andrewmceo. Mastodon: @metin@graphics.social
| CTech: |
Crypto infrastructure provider Fireblocks acquires Dynamic, which streamlines crypto wallet setup, authentication, and onboarding for 50M+ accounts, for ~$90M — The Israeli digital asset firm, valued at $8 billion, broadens its platform amid industry-wide stablecoin momentum.
More: CoinDesk, Fireblocks, FinTech Global, The Block, Cointelegraph, Bloomberg, Tech in Asia, Globes, and FinTech Global. LinkedIn: Itay Frishman
| Will Oremus / Washington Post: |
A profile of Wikipedia co-founder Larry Sanger, who left in 2002 and whose claims that Wikipedia has a liberal bias are fueling the right's campaign against it — Larry Sanger's long-standing claims of liberal bias and mismanagement at the world's dominant online encyclopedia are being enthusiastically embraced on the right.| RT Watson / The Block: |
Pave Bank, which lets businesses manage both fiat and digital assets in real time, raised a $39M Series A led by Accel, with Tether and others participating — - Pave Bank raised $39 million in a Series A funding round led by Accel, with participation from Tether Investments, Wintermute, and others.
More: The Economic Times, Forbes, Entrepreneur, DealStreetAsia, Tech in Asia, FinTech Global, TNGlobal, FinTech Global, and IT Brief UK
X: @simonvc and @accel_india
| Reuters: |
Xiaomi says surging memory chip prices have raised the cost of making smartphones, after pricing of its new Redmi K90 series disappointed Chinese consumers — Chinese smartphone manufacturer Xiaomi (1810.HK) on Friday said surging memory chip prices have raised the cost of making handsets …
More: Tom's Hardware, MarketWatch, and Benzinga
| Hannah Murphy / Financial Times: |
Sources: X's advertising chief John Nitti, who joined in January, has left; X's CFO Mahmoud Reza Banki left in early October after less than a year in the role — John Nitti was considered a contender for CEO of the social media platform after Linda Yaccarino quit in July| Natalie Lung / Bloomberg: |
Grab is investing an undisclosed amount in May Mobility as part of a multiyear deal, which includes bringing robotaxis to Southeast Asia as soon as 2026 — Grab Holdings Ltd., Southeast Asia's largest ride-hailing and delivery company, is backing driverless technology developer May Mobility Inc … | Jessica DiNapoli / Reuters: |
Oreo maker Mondelez has spent $40M+ on an AI tool, developed with Publicis and Accenture, to cut costs for the production of marketing content by 30% to 50% — - AI tool cuts ad production costs by 30% to 50%, exec says — Mondelez has invested $40 million in AI tool, exec says
More: Tech in Asia, The Verge, and Quartz
| 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.
More: Xbox Wire, HALO on YouTube, HALO on YouTube, HALO on YouTube, PlayStation.Blog, Gizmodo, Video Games Chronicle, Eurogamer.net, The Movie Blog, XDA Developers, The Verge, CNET, TheGamer, Forbes, WinBuzzer, Tech Times, VideoCardz.com, Nintendo Life, Tech4Gamers, Windows Central, GamesRadar, Livemint, The Wrap, SlashGear, Stevivor, Wall Street Journal, Push Square, Neowin, PlayStation LifeStyle, PC Gamer, BGR, TechRaptor, PCMag, Kotaku, IGN, Thurrott, Press Start, Polygon.com, Latest, IGN, Washington Post, Comic Book, IGN, GameSpot, MobileSyrup, Tom's Guide, Screen Rant, Game Developer, Engadget, GamingBolt, Blue's News, Notebookcheck, Pure Xbox, and Variety
X: @tbpn, @steinekin, @qwik, @zhugeex, @shinobi602, @firstadopter, @zhugeex, @centralscruty, @thecarteldel, @xmbgx, @tomwarren, @tomwarren, @tomwarren, @tomwarren, @playstation, and @mrdalekjd
LinkedIn: Mike Patterson, C.J. Ramos, and Chris Ragan
| 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 wiresSponsor Posts
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Big Technology Podcast:
Zuckerberg's Disappointment, OpenAI's Equity Gamble, Alex Karp's Rally Cry
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Hard Fork:
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The Upstarts Podcast:
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The Nick, Dick and Paul Show:
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Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
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| Wall Street Journal: |
More: Ars Technica, Washington Examiner, The San Francisco Standard, and SiliconANGLE
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| The Information: |
More: The State and The Decoder
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| Matt Day / Bloomberg: |
More: Spyglass, Artificial Ignorance, Implicator.ai, and DatacenterDynamics
| Jess Weatherbed / The Verge: |
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X: @bradlightcap, @levie, @fidjissimo, @kavinik, @glenngabe, and @hemal. LinkedIn: Brian de Haaff. Bluesky: @edzitron.com
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