Top tech news today: 16 April, 2025

1. Bunq accelerates US expansion as profits rise

Dutch digital bank Bunq is expanding into the US market after reporting a 65% profit increase to €85.3 million, bolstered by a rise in interest income. Source

2. Banked acquires VibePay backed by Nick Candy

Banked has acquired VibePay, a peer-to-peer payments fintech, in an all-share deal that gives Nick Candy a 25% stake in the combined entity valued over $100 million. Source

3. BKN301 raises $20M in Series B funding

UK-based BaaS fintech BKN301 has successfully secured €18.6 million in its Series B funding round to enhance its banking-as-a-service offerings and expand its market reach. Source

4. SAS secures $55M for payment solutions

SAS has raised $55 million in a Series B funding round to enhance its stack of payment solutions, aiming to expand its services and market presence. Source

5. Banked expands global reach with VibePay

Banked’s acquisition of UK-based VibePay aims to enhance its global pay-by-bank strategy, integrating services for a wider customer base. Source

6. No proof of intentional cable damage by ship

Swedish authorities found no evidence that the Chinese vessel Yi Peng 3 intentionally severed Baltic cables, concluding the incident was likely accidental. Source

7. NVIDIA to manufacture AI supercomputers in the US

NVIDIA has announced plans to manufacture AI supercomputers in the US for the first time, partnering with companies to enhance domestic production capabilities. Source

8. Xantaro partners with Freedom Fibre for rollout

Xantaro has partnered with Freedom Fibre to deploy a full-fibre network across Shropshire, utilizing cabinet-as-a-service solutions for enhanced connectivity. Source

9. Newmont uses 5G teleremote dozer fleet

Newmont is implementing a world-first 5G teleremote dozer fleet in collaboration with Ericsson, enhancing operational efficiency and safety in mining. Source

10. TIM finalizes $760M Sparkle sale

Telecom Italia has approved the sale of its wholesale unit Sparkle to Boost BidCo for €700 million, aiming to streamline operations and enhance focus on core services. Source

11. Windstream and Ciena boost 400G capacity

Windstream Wholesale has partnered with Ciena to enhance 400G network capacity across the Southeast US, improving connectivity and service offerings. Source

12. Vertiv launches modular AI data centre system

Vertiv has introduced an all-in-one modular system designed to accelerate AI data centre deployments, enhancing efficiency and scalability for operators. Source

13. Meta faces backlash over moderation cuts

Meta is under scrutiny for recent cuts to its content moderation team, raising concerns about the impact on user safety and platform integrity. Source

14. BT Ireland unit sale gets approval

BT has received approval for the sale of its Ireland unit, marking a significant step in its strategy to streamline operations and focus on core markets. Source

15. Intel sells Altera to Silver Lake

Intel has completed the sale of its Altera business to Silver Lake for $8.75 billion, aiming to focus on core semiconductor operations. Source

16. Giffgaff launches full-fibre broadband trial

Giffgaff has initiated a full-fibre broadband trial on the Nexfibre network, aiming to enhance its service offerings and customer experience. Source

17. Xantaro to provide services for Freedom Fibre

Xantaro is set to deliver cabinet-as-a-service for Freedom Fibre’s Shropshire rollout, facilitating improved connectivity and infrastructure development. Source

18. Deutsche Telekom and Qunnect showcase quantum internet

Deutsche Telekom and Qunnect have demonstrated the foundations for a quantum internet in Berlin, marking a significant advancement in secure communications technology. Source

19. Ericsson focuses on supply chain resilience

Ericsson is emphasizing supply chain resilience to better serve the increasingly US-dependent market, ensuring robust operations amid global challenges. Source