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Top tech news today: May 23, 2025

Published 4 days ago2 minute read
Tech News Roundup

The Bank of Sydney partners with Infosys Finacle to enhance its digital banking platform, aiming for improved customer experience and operational efficiency. Source

Airwallex secures $300 million in Series F funding, raising its valuation to $6.2 billion, as it expands its global payment solutions. Source

Visa launches the Commercial Integrated Partners program to enhance collaboration with fintechs, offering pre-integrated digital payment solutions for businesses. Source

PNC Bank announces the acquisition of Aqueduct Capital Group to enhance its capital advisory capabilities for private equity and credit markets. Source

Catena Labs, co-founded by Sean Neville, announces an $18 million seed round to build the first AI-native financial institution, targeting the AI economy. Source

The Cetus decentralized exchange on Sui blockchain reports a $200 million exploit, prompting urgent security measures from the team. Source

Sui validators successfully freeze the majority of funds stolen in the recent Cetus hack, totaling $220 million, to mitigate further losses. Source

BT Group increases its dividend by 25% as free cash flow rises, despite reporting a decline in revenue. Source

Telefónica offloads its Uruguay mobile unit to Millicom for $440 million, enhancing Millicom’s regional presence and service offerings. Source

Nokia teams up with Three Sweden to provide Fixed Wireless Access technology, aiming to improve broadband services in underserved areas. Source

OpenAI announces the acquisition of Jony Ive’s design startup for $6.5 billion, enhancing its focus on creating innovative AI devices. Source

LINX appoints Patrick Mbogo as Business Development Executive to drive expansion efforts in Africa, enhancing connectivity initiatives. Source

Intel introduces three new Granite Rapids Xeon 6 P-Core processors, aimed at improving performance for data centers and enterprise applications. Source

Former President Trump declares his intent to free up spectrum for connectivity initiatives, aiming to bolster broadband access across the U.S. Source

AT&T announces plans to acquire Lumen’s consumer fiber business in a $5.75 billion deal, enhancing its broadband service capabilities. Source

MasOrange successfully raises $11 billion to support its FiberCo launch and refinance existing debt, strengthening its market position. Source

Huawei showcases its 5G technology to control autonomous electric mining trucks in China, enhancing operational efficiency in the mining sector. Source

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