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May 27, 2025, 9:50 PM
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| Bloomberg: |
Circle aims to raise up to $624M in its US IPO, offering 24M shares at $24-$26 each, valuing it at ~$5.65B, or ~$6.7B fully diluted, at the top of the range — The New York-based company behind the second-largest stablecoin and some of its shareholders are offering 24 million shares for $24 to $26 each …
More: Decrypt, Capital Brief, Reuters, American Banker, The Coin Republic, Proactive, The Crypto Times, CNBC, Yahoo Finance, PYMNTS.com, Cointelegraph, Bitcoin Insider, TheStreet, The Block, CryptoNinjas, Watcher Guru, CryptoSlate, Cryptopolitan, SiliconANGLE, Crypto Briefing, crypto.news, The Crypto Basic, Coinspeaker, Coinpedia Fintech News, Axios, The Block, and CoinDesk
| Jordan Novet / CNBC: |
Circle's S-1 shows that 60% of the 24M shares being sold in its IPO come from existing stakeholders rather than the company, a highly unusual move in a tech IPO — Stablecoin issuer Circle stands to be one of the first significant cryptocurrency companies to go public in the U.S. That's not the only unusual aspect of its IPO.
More: Circle Internet Group, Inc., Axios, Blockchain News, and US Securities …
| Bloomberg: |
Salesforce agrees to acquire cloud data management company Informatica for ~$8B, set to close in its FY 2027, one year after an earlier deal fell through — Informatica shareholders are set to receive $25 in cash per share, according to a statement on Tuesday, representing a 30% premium …
More: Reuters, TechCrunch, Salesforce, VentureBeat, CNBC, Associated Press, Wall Street Journal, Reuters, UPI, CIO Dive, Los Angeles Times, San Francisco Chronicle, Proactive, SiliconANGLE, PYMNTS.com, MarketWatch, Techstrong.ai, Cryptopolitan, FXStreet, Morningstar, Inc., Adweek, Blocks and Files, ComputerWeekly.com, Analytics India Magazine, Türkiye Today, Wall Street Journal, Fortune, WebProNews, SFGATE, The Information, Fox Business, Pulse 2.0, Sharecafe, The Futurum Group, Times of India, Fortune India, Channel Futures, CIO.com, from ITPro in, Constellation Research, TipRanks Financial, RetailWire, The Register, and Wall Street Pit
X: @benioff, @sarbjeetjohal, @mdgarratt, @informatica, @anshublog, @benioff, @patrickmoorhead, @economyapp, @joecarlsonshow, @salesforcenews, @thomassmale, and @peterschwartz2
LinkedIn: Mike Capone, Marc Benioff, Ryan Browne, Amit Walia, Brian Sozzi, Tal Frankfurt, Jerod Brennen, Ritesh Bhagwat, and Liana B. Baker
Forums: r/technology and r/dataengineering
| Giovanni Colantonio / Digital Trends: |
Apple acquires RAC7, the two-person studio behind the popular Apple Arcade game Sneaky Sasquatch, marking its first acquisition of a video game studio — Exclusive: Apple has acquired the two-person studio behind Sneaky Sasquatch, one of Apple Arcade's most popular games. — Sneaky Sasquatch Trailer — Apple Arcade
More: MacStories, CNET, Engadget, iThinkDifferent, MacTech.com, Video Games Chronicle, PocketGamer.biz, Stevivor, MobileSyrup, AppleInsider, How-To Geek, 9to5Mac, and MacRumors
Bluesky: @patbits, @pokachee, @craiggrannell, @johnvoorhees.macstories.net, and @craiggrannell
X: @aaronp613, @neil_long_, and @dylanmcd8
Forums: r/Games and MacRumors Forums
| Mark Gurman / Bloomberg: |
Sources: Apple plans a dedicated app for video games to replace Game Center and come preinstalled on iPhone, iPad, Mac, and Apple TV devices later this year — Apple Inc. is planning a dedicated app for video games on its devices, seeking to sell gamers and developers on the idea that it's a leader in the market.
More: The Verge, PYMNTS.com, Macworld, TechRadar, Cult of Mac, 9to5Mac, AppleInsider, iThinkDifferent, MacTech.com, MobileSyrup, PhoneArena, Eurogamer.net, Mobilegamer.biz, The Shortcut, Digital Trends, Destructoid, MacRumors, iPhone in Canada, and iClarified
Bluesky: @knoebel, @marioprime, and @papapishu
X: @aaronp613, @bdsams, @snazzylabs, @snazzylabs, @deeketweak, @loudmouthjulia, @tomaxwell, @parkerortolani, @markgurman, and @paultassi
Forums: Hacker News, r/SneakySasquatch, r/apple, r/macgaming, r/TwoBestFriendsPlay, and MacRumors Forums
| Bloomberg: |
Texas enacts an online child safety bill requiring app stores to verify users' ages and secure parental approval before minors can get most apps or make IAPs — Texas Governor Greg Abbott signed an online child safety bill, bucking a lobbying push from big tech companies that included …
More: Reuters, New York Times, The Information, AppleInsider, 9to5Mac, The Verge, The Mac Observer, MacRumors, TechCrunch, Social Media Today, Engadget, and Texas Politics
X: @angelapaxtontx, @vanceginn, @greysontgee, @melissa_m818, @sayreevan, @senatorshoshana, @rsi, @dddunmoyer, and @digichildallnce
Forums: r/JoeRogan, r/apple, and MacRumors Forums
| Liz Hoffman / Semafor: |
Sources: Neuralink raised $600M at a $9B pre-money valuation; PitchBook: the company was valued at $3.5B in late 2023 — THE SCOOP — Elon Musk's Neuralink raised $600 million in a deal that values the brain-mapping company at $9 billion before the new cash, people familiar with the matter said.
More: The Verge, The Information, eWeek, and Reuters
| Jess Weatherbed / The Verge: |
Meta launches a dedicated iPadOS app for WhatsApp, about 15 years after the messaging service and the first iPad launched — The first version of the messaging app built for iPads tablets makes it easy to chat while you browse. — Meta now has a dedicated iPad app for WhatsApp …
More: App Store, WhatsApp Blog, MacRumors, TechRadar, Tech Times, Business Today, CNET, Jerusalem Post, Metro.co.uk, Engadget, Moneycontrol, Business Standard, AppleInsider, PCMag, MakeUseOf, Fast Company, WABetaInfo, The Economic Times, Cult of Mac, How-To Geek, Forbes, iDownloadBlog.com, Redmond Pie, PhoneArena, Bloomberg, Appleosophy, Macworld, Android Central, iDrop News, MobileSyrup, and Beebom
| Ina Fried / Axios: |
Memo: Meta reorganizes its AI teams into an AI products team and AGI Foundations; FAIR remains separate, but one multimedia team is moving to AGI Foundations — Meta is restructuring its AI teams to speed up the rollout of new products and features, Axios has learned.
More: The Information, Washington Examiner, Fortune, WinBuzzer, TechCrunch, and iPhone in Canada
Bluesky: @davelee.me. Threads: @marcslove. X: @kevinroose, @boztank, @kevinroose, @shakeelhashim, and @andrewcurran_
| Nahal Toosi / Politico: |
Memo: the Trump admin pauses new student visa interviews as it mulls requiring all foreign students applying to study in the US to undergo social media vetting — It's the latest salvo against universities, many of whom rely heavily on foreign students for funds.
More: The Guardian, Associated Press, Washington Examiner, Le Monde, Bloomberg, Financial Times, Fox News, New York Sun, Capital Brief, NBC News, Townhall, Axios, CNN, New York Post, The Independent, ZeroHedge News, thenational.scot, The Indian Express, The Gateway Pundit, The Japan Times, Blaze Media, Notes From The Circus, and East Bay Times
Bluesky: @legalgeekjb.com, @beneltham, @mattcameron, @bttyeo, @marisakabas, @hammancheez, @caseynewton, @jayapal.house.gov, @harrymccracken.com, @davidakaye, @crampell, @nyclu.org, @walmsley, and @resnikoff
X: @reichlinmelnick, @rokhanna, @hlntnr, @marlene_zw, @garymarcus, and @alexnowrasteh. LinkedIn: Akhil Bhiwal
Forums: Hacker News, r/moderatepolitics, r/China_irl, r/politics, r/neoliberal, and r/Harvard
| The Information: |
Sources on how Apple declined a deal from Elon Musk to use SpaceX instead of Globalstar for its iOS SOS feature and its 2015 plans to build satellite internet — Three years ago, Elon Musk approached Apple with an eleventh-hour offer. — Musk had heard that Apple was about to announce …
More: 9to5Mac, The Verge, PhoneArena, AppleInsider, Cult of Mac, WebProNews, iPhone in Canada, MacRumors, iClarified, MobileSyrup, and Daring Fireball
| Greg Otto / CyberScoop: |
Zscaler agrees to acquire Red Canary, a provider of managed detection and response services, for an undisclosed sum; the deal is expected to close in August — The deal reflects a growing trend in cybersecurity toward consolidation and integration. — Learn more.
More: Red Canary, CRN, SiliconANGLE, and SecurityWeek
| Cecilia Kang / New York Times: |
The US FTC's antitrust trial against Meta ends; Judge James Boasberg, who is presiding over the case, says he will work “expeditiously” to issue an opinion — A landmark antitrust trial accusing the social media giant of cementing its dominance through acquiring Instagram and WhatsApp has concluded.
More: The Information, Platformer, 9to5Mac, The Verge, Bloomberg Law, Global Competition Review, Reason, and WinBuzzer
| Nathan Vifflin / Reuters: |
TSMC plans to open a design center in Munich in Q3 2025 to support European customers in designing chips for automotive, industrial, AI, and IoT applications — Taiwan Semiconductor Manufacturing Co (2330.TW), the world's largest contract chipmaker, said on Tuesday it will open a design centre in Munich …
More: Wall Street Journal, EE Times, eeNews Europe, Insider Monkey, and MacDailyNews
Forums: r/hardware, r/europe, and r/EU_Economics
| Simon Willison / Simon Willison's Weblog: |
Mistral launches an API for agents, which can run code, make images, access docs, search the web, and “hand off” to other agents, similar to OpenAI's offerings — Build AI agents with the Mistral Agents API. Big upgrade to Mistral's API this morning: they've announced a new “Agents API”.
More: Mistral AI, The Decoder, MarkTechPost, WinBuzzer, and VentureBeat
Bluesky: @simonwillison.net. Mastodon: @simon@fedi.simonwillison.net and @glinden@sigmoid.social. Forums: Hacker News
| Eric Geller / Cybersecurity Dive: |
Memo: nearly all of CISA's top leaders, including heads of five of its six operational divisions and six of 10 regional offices, have left or are leaving in May — Most of the leaders of the agency's operating divisions and regional offices have left or will leave this month amid …
More: SiliconANGLE, The Verge, WebProNews, and Nextgov/FCW
Bluesky: @ericjgeller.com, @telecom-terrorist.com, and @karlbode.com. Mastodon: @GossiTheDog@cyberplace.social
Forums: r/fednews, r/technology, and Slashdot
| Heather Somerville / Wall Street Journal: |
Documents: self-driving truck startup TuSimple transferred critical autonomous driving tech and data to Chinese partners despite a 2022 agreement with CFIUS — TuSimple shared with Beijing a best-in-class autonomous driving system—and became a prime example of Washington's shortcomings in keeping critical technology in the U.S.| Financial Times: |
European industrial groups Schneider, Siemens, ABB, and Legrand collectively added €151B in market value due to AI demand after ChatGPT's November 2022 launch — Electrical equipment makers including ABB and Legrand are surging thanks to a pivot to data centre infrastructure| Bloomberg: |
Xiaomi reports Q1 revenue up ~50% YoY to ~$15.5B, above ~$15.17B est., as it invests heavily in autonomous EVs and growing its smartphone business — Revenue rose to 111.3 billion yuan ($15.5 billion), Xiaomi said in a statement Tuesday, beating the average analyst estimate of 109 billion yuan.
More: Reuters, Tech in Asia, Reuters, and Xiaomi Corporation
| Lawrence Abrams / BleepingComputer: |
An Iranian man pleads guilty in US court to participating in the Robbinhood ransomware gang, compromising networks of US cities and orgs between 2019 and 2024 — An Iranian national has pleaded guilty to participating in the Robbinhood ransomware operation, which was used to breach the networks … | MacKenzie Sigalos / CNBC: |
Block plans to roll out bitcoin payments on Square in H2 2025; the system runs on the Lightning Network and lets merchants accept bitcoin via Square's hardware — LAS VEGAS — Jack Dorsey's latest bitcoin vision is hitting the checkout counter — starting with a merch truck parked just off the casino floor inside The Venetian.Sponsor Posts
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