1. Global Payments sells payroll business for $1.1B
Global Payments has agreed to sell its payroll business to Acrisure for $1.1 billion, focusing on its core payment services. Source
2. JD Vance discusses stablecoins at Bitcoin conference
Vice President JD Vance stated that stablecoins do not threaten the dollar, but rather enhance its strength, during his keynote at the Bitcoin 2025 conference. Source
3. Aspire integrates Stripe for payment processing
Aspire users can now accept card and wallet payments via Stripe, enhancing cash flow and reducing settlement times from seven days to three. Source
4. ACI launches ACI Connetic for payments
ACI Worldwide has unveiled ACI Connetic, a cloud-native platform that integrates multiple payment types, aimed at modernizing legacy systems and improving payment processing efficiency. Source
5. VDPC selects Sagunto for submarine cable
Valencia Digital Port Connect has chosen Sagunto as the landing point for the Barracuda submarine cable, enhancing connectivity between Spain and Italy. Source
6. DSTA partners with AST SpaceMobile
Singapore’s Defence Science and Technology Agency has partnered with AST SpaceMobile to enhance connectivity for humanitarian and emergency response through a space-based cellular network. Source
7. Mavenir doubles Glasgow 5G speeds
Mavenir, in collaboration with Three UK and Red Hat, has successfully doubled 5G speeds in Glasgow through the deployment of Open RAN small cells, improving network capacity. Source
8. Nvidia warns of $8B loss due to China ban
Nvidia reported $44 billion in Q1 revenue but anticipates an $8 billion loss in Q2 due to export restrictions on H20 chips to China. Source
9. Elon Musk leaves Trump administration
Elon Musk’s departure from the Trump administration has been confirmed, marking a significant shift in political affiliations and influence in the tech sector. Source
10. BASF moves to SAP S/4Hana
BASF is modernizing its business operations by transitioning to SAP S/4Hana, enhancing digital capabilities and operational efficiency as announced at Sapphire 2025. Source
11. IDC cuts smartphone forecast for 2025
IDC has revised its 2025 smartphone forecast downwards, citing global uncertainty affecting demand for mobile devices across various markets. Source
12. Kyrgyzstan detains media workers amid crackdown
Kyrgyzstan has detained eight media workers as part of a widening crackdown on the press, raising concerns about freedom of speech in the region. Source
