Top tech news today: May 26, 2025

Top tech news today: May 26, 2025 is profiled by BTW Media because public-source evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

<h2>1. Monarch raises $75M funding</h2>
<p>The personal finance app Monarch has secured $75 million to boost subscriber growth following the shutdown of Mint, increasing its valuation to $850 million. <a href="https://www.cnbc.com/2025/05/23/personal-finance-app-monarch-raises-75-million.html" target="_blank" rel="noopener">Source</a></p>

<h2>2. Hong Kong passes stablecoins bill</h2>
<p	Hong Kong's Legislative Council has approved a Stablecoins Bill to regulate fiat-referenced stablecoin issuers, enhancing the region's digital asset ecosystem. <a href="https://www.chinadaily.com.cn/a/202505/22/WS682e886ca310a04af22c0e29.html" target="_blank" rel="noopener">Source</a></p>

<h2>3. Tech industry layoffs hit 90,000</h2>
<p>The tech sector faces significant job cuts, with over 90,000 layoffs reported in 2025, primarily driven by financial pressures and restructuring efforts. <a href="https://www.capacitymedia.com/article-tech-industry-layoffs-soar-2025" target="_blank" rel="noopener">Source</a></p>

<h2>4. American Tower opens edge data center</h2>
<p	American Tower has launched its first edge data center in Raleigh, North Carolina, with an initial capacity of 1MW, aiming to enhance connectivity in the region. <a href="https://www.datacenterdynamics.com/en/news/american-tower-opens-edge-data-center-in-raleigh-north-carolina/#:~:text=American%20Tower%20opens%20Edge%20data%20center%20in%20Raleigh%2C%20North%20Carolina,-The%20site%20currently&text=American%20Tower%20Corporation%20has%20opened,North%20Carolina's%20Research%20Triangle%20region." target="_blank" rel="noopener">Source</a></p>

<h2>5. Soluna to build solar-powered data center</h2>
<p	Soluna has announced plans for its first solar-powered data center in northeast Texas, colocated with a 114MW solar farm, enhancing sustainable energy usage. <a href="https://www.datacenterdynamics.com/en/news/soluna-to-build-first-solar-powered-data-center-in-northeast-texas/#:~:text=Crypto%20and%20HPC%20data%20center,data%20center%20in%20northeast%20Texas.&text=The%20data%20center%2C%20which%20is,to%20a%20114MW%20solar%20farm." target="_blank" rel="noopener">Source</a></p>

<h2>6. Bain Capital launches hscale in Europe</h2>
<p	Bain Capital has introduced hscale, a new hyperscale data center platform in Europe, backed by a multi-billion-euro investment to meet increasing demand. <a href="https://www.capacitymedia.com/article/bain-capital-launches-hscale-to-target-europes-hyperscale-boom" target="_blank" rel="noopener">Source</a></p>

<h2>7. Intel’s Xeon 6 CPU for Nvidia’s AI system</h2>
<p	Intel's new Xeon 6 CPUs have been selected for Nvidia's DGX B300 AI system, featuring technology to optimize workload efficiency in AI applications. <a href="https://finance.yahoo.com/news/intel-xeon-6-cpu-selected-111607344.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAANFCOgRQHORo7pIHqjBAfPLQpUOKkugyclw2vDQwQ" target="_blank" rel="noopener">Source</a></p>

<h2>8. OpenAI plans Abu Dhabi data center</h2>
<p	OpenAI is set to establish a new data center in Abu Dhabi, enhancing its infrastructure capabilities to support AI development and deployment. <a href="https://www.wsj.com/tech/open-ai-abu-dhabi-data-center-1c3e384d" target="_blank" rel="noopener">Source</a></p>

<h2>9. Starlink warned by Australian watchdog</h2>
<p	Elon Musk's Starlink received a warning from Australia's communications regulator for failing to submit timely complaints reports, affecting its consumer obligation monitoring. <a href="https://www.sbs.com.au/news/article/elon-musks-starlink-put-on-notice-by-australian-communications-watchdog/3fhomr0gi" target="_blank" rel="noopener">Source</a></p>

<h2>10. New 5G satellite technology demonstrated</h2>
<p	A breakthrough in 5G satellite technology has been showcased in Japan, marking significant advancements in connectivity and communication capabilities. <a href="https://www.telecoms.com/satellite/-breakthrough-new-5g-satellite-technology-demonstrated-in-japan" target="_blank" rel="noopener">Source</a></p>

<h2>11. Xiaomi surpasses Apple in wearables</h2>
<p	Xiaomi has outpaced Apple in wearable device shipments, reflecting strong demand for its health and fitness tracking products in the market. <a href="https://www.gadgets360.com/wearables/news/xiaomi-surpasses-apple-wearables-shipments-canalys-8495920" target="_blank" rel="noopener">Source</a></p>

<h2>12. FCC opens spectrum for satellite use</h2>
<p	The FCC has initiated proceedings to release over 20,000 megahertz of spectrum for satellite services, aiming to enhance satellite communication capabilities. <a href="https://www.satellitetoday.com/government-military/2025/05/23/fcc-starts-proceeding-to-open-more-than-20000-megahertz-of-spectrum-for-satellite/" target="_blank" rel="noopener">Source</a></p>