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October 25, 2025, 10:30 AM
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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 … | 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: @andrewmceo. Mastodon: @metin@graphics.social
| 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, @nearcyan, @deryatr_, @synthwavedd, @cgoodman308, @rileybrown_ai, @cleanzmedia, @xinsidercrypto, @andrewcurran_, @obie, @doomslide, @_mrosenfield, and @tegmark. Forums: r/singularity
| 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
| 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, Video Games Chronicle, XDA Developers, TheGamer, Forbes, The Verge, Tech Times, CNET, Windows Central, VideoCardz.com, GamesRadar, WinBuzzer, Nintendo Life, Tech4Gamers, 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, @tomwarren, @tomwarren, @centralscruty, @tomwarren, @playstation, @tomwarren, @mrdalekjd, @xmbgx, and @thecarteldel
LinkedIn: C.J. Ramos and Chris Ragan
| 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| 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
| 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
| 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 …
More: Automotive World, May Mobility, CleanTechnica, PhocusWire, and The Straits Times. LinkedIn: Tom Tang
| 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 … | 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
| 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
More: Ars Technica, Washington Examiner, The San Francisco Standard, SiliconANGLE, Al Jazeera, and Techstrong IT
Bluesky: @bstnboy, @rambler99, @angrydonkeynews, @carnage4life, @jeremyz, @coachfinstock, @polotek, @prisonculture, @darthbluesky, and @nerdjpg.com. Forums: Ars OpenForum
| 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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F5:
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Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23. Register now to save your spot.
Zoho:
Don't Do. Just Tell. With Zoho MCP for Bigin. — Dear small business owners,This one's a little different.We're not here to walk you through a checklist of features. We're here to tell you about something …
Don't Do. Just Tell. With Zoho MCP for Bigin. — Dear small business owners,This one's a little different.We're not here to walk you through a checklist of features. We're here to tell you about something …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Invest Like the Best:
Alex Sacerdote - How to Invest Through Technology Cycles
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Lenny's Podcast:
Father of the iPod and iPhone on building taste, judgment, and creativity in the AI era | Tony Fadell
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Will Apple (Finally) Get AI Right At WWDC?, Anthropic's Worry, Microsoft vs. OpenAI
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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The Upstarts Podcast:
Vanta's Christina Cacioppo: The Underdog Turning 'Nonsense' Compliance Into A $4.2B Security Standout
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
Hot I.P.O Summer + What Is A.I. Doing to Math? + HatGPT
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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