Top tech news today: May 23, 2025

Top tech news today: May 23, 2025 is profiled by BTW Media because public-source evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

1. Bank of Sydney upgrades digital banking

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

2. Airwallex valuation reaches $6.2B

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

3. Visa streamlines fintech integrations

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

4. PNC acquires broker-dealer Aqueduct

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

5. Catena Labs emerges with AI-native plans

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

6. Cetus DEX suffers $200M exploit

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

7. Sui validators freeze stolen funds

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

8. BT Group raises dividend despite revenue drop

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

9. Telefónica sells Uruguay unit to Millicom

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

10. Nokia partners with Three Sweden

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

11. OpenAI acquires Jony Ive’s startup

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

12. LINX appoints Patrick Mbogo

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

13. Intel launches new processors

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

14. Trump supports spectrum connectivity push

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

15. AT&T to acquire Lumen’s fiber business

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

16. MasOrange secures $11B in funding

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

17. Huawei uses 5G for mining trucks

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