Governance

Top tech news today: 4 April, 2025

1. CanGo sells China business to focus on Bitcoin mining CanGo sells its legacy business in China to concentrate on Bitcoin mining, aiming to capitalise on the growing crypto market. The sale will help fuel its future growth prospects. Source 2. Affirm and PayPal fintech stocks hit by tariff concern…

fintech

Headline

1. CanGo sells China business to focus on Bitcoin mining CanGo sells its legacy business in China to concentrate on Bitcoin mining, aiming to capitalise on the growing crypto market. The sale will help fuel its future growth prospects. Source 2. Affirm and PayPal fintech stocks…

Context

CanGo sells its legacy business in China to concentrate on Bitcoin mining, aiming to capitalise on the growing crypto market. The sale will help fuel its future growth prospects. Source Affirm and PayPal stocks fall amid worries that proposed tariffs could hurt consumer spending. Both fintechs face increased pressure from global trade tensions. Source

Evidence

Pending intelligence enrichment.

Analysis

Mark Glover has joined Ortec Finance to bolster its wealth planning solutions in the UK, focusing on improving financial outcomes for clients across the region. Source Blackstone-backed AirTrunk seeks $1.7 billion for its planned data centre expansion in Singapore, aiming to meet increasing demand for digital infrastructure in Asia. Source Women leaders in Africa’s telecommunications industry are championing digital connectivity, enhancing economic opportunities, and bridging gaps across the continent. Source DE-CIX Iraq’s internet exchange point (IXP) has risen to become the third-largest in the Middle East, attracting major players like Meta and Akamai. Source

Key Points

  • 1. CanGo sells China business to focus on Bitcoin mining
  • 2. Affirm and PayPal fintech stocks hit by tariff concerns
  • 3. Mark Glover joins Ortec Finance to enhance UK wealth planning
  • 4. AirTrunk eyes $1.7bn for Singapore data centre expansion
  • 5. Women of Africa in tech driving change through connectivity

Actions

Pending intelligence enrichment.

Author

Juno Chen