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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
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Automate your scheduling workflows with Zoho Calendar — Your calendar can do more than schedule meetings Creating a calendar event takes only a few seconds. But scheduling is rarely just about creating the event.
Automate your scheduling workflows with Zoho Calendar — Your calendar can do more than schedule meetings Creating a calendar event takes only a few seconds. But scheduling is rarely just about creating the event.
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
Grit:
Inside the AI Startup Making Customer Support 65% Cheaper
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
90 minutes of unfiltered product advice from Snap and Discord's product chief | Peter Sellis
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:
AI Doom Backlash Arrives, Anthropic & OpenAI IPO Outlook, Frontier Business Momentum Slows
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
AI Wants to Shop for You. What Could Go Wrong?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Michael Moritz - Lessons From 40 Years of Investing and Writing
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Sources:
Baseten's CEO on why every company will want to own its AI
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
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