Techmeme
October 25, 2025, 10:30 AM

Top News

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.
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 …
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.
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.
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
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 wires

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Featured Podcasts

Hard Fork:
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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.
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Meet the most AI-pilled CEO on Earth
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The Upstarts Podcast:
Basis's Matt Harpe: Why AI Won't Replace Accountants — It'll Make Them Richer
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.
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Channels with Peter Kafka:
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Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
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More News

The Information:
Jay Peters / The Verge:
Emily Mason / Bloomberg:

Earlier Picks

Bloomberg:
Jess Weatherbed / The Verge:
Eliza Gkritsi / Politico:
Marcus Mendes / 9to5Mac: