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October 25, 2025, 8:45 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 …
More: Politico, NewsBTC, The Coin Republic, Inside Bitcoins, Cointelegraph, Bitcoin Insider, CoinDesk, Benzinga, Watcher Guru, CoinGape, CoinJournal, DL News, and Decrypt. X: @namdar
| Max Chafkin / Bloomberg: |
More: South China Morning Post, U.S. House Committee …, New Republic, CryptoNinjas, ZyCrypto, Wall Street Journal, Al Jazeera, New Jersey Online, Unchained, DL News, Le Monde, CNN, Bitcoinist.com, Bitcoin Insider, Axios, Axios, Cointelegraph, Tech Times, Coinpedia Fintech News, The Daily Hodl, Proactive, The Merkle News, The Crypto Times, Associated Press, Raw Story, Benzinga, Cryptonews, The Japan Times, Reuters, Daily Kos, Politico, and New York Daily News
X: @cz_binance, @ike_saul, @tvietor08, and @chafkin
Forums: r/democrats and r/CryptoCurrency
| 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, PlayStation.Blog, HALO on YouTube, Video Games Chronicle, VideoCardz.com, XDA Developers, The Verge, GamesRadar, Windows Central, WinBuzzer, Nintendo Life, Tech4Gamers, CNET, Livemint, The Wrap, SlashGear, TheGamer, 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
| 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
| 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.| 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| 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
More: Ars Technica, Washington Examiner, The San Francisco Standard, SiliconANGLE, Al Jazeera, Techstrong IT, SFGATE, Forbes, Associated Press, The Daily Caller, Gizmodo, Implicator.ai, and TechCrunch
Bluesky: @rambler99, @angrydonkeynews, @jeremyz, @coachfinstock, @polotek, @prisonculture, @darthbluesky, and @nerdjpg.com. Forums: Ars OpenForum
| 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, Quartz, and The Verge
| Reuters: |
Grindr board members Ray Zage and James Lu, part of an investor group that owns more than 60%, offer to take Grindr private for ~$3.46B; GRND closes up 18.63% — Two Grindr (GRND.N) board members, part of an investor group that owns more than 60% of the company, have proposed …
More: Tech in Asia, Forbes, Wall Street Journal, Proactive, and Sherwood News
| 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, The Straits Times, and Tech in Asia. LinkedIn: Tom Tang
| 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: MarketWatch and Benzinga
| 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
| 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 …
More: The State and The Decoder
X: @jukanlosreve, @amir, @kalleyhuang, @kylebrussell, @miles_brundage, @rohanpaul_ai, @erinkwoo, @eric_seufert, @btibor91, @zephyr_z9, and @steph_palazzolo
Bluesky: @aelkus, @carnage4life, and @caseynewton
| 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 … Sponsor 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:
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Zoho:
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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.
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Sources:
Mark Zuckerberg on Muse, Meta's biggest AI bet yet
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.
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