Top tech news today: 28 April, 2025

           Tech News Roundup    

1. Trump’s memecoin dinner contest earns $900K

   

President Trump’s $TRUMP token contest generated nearly $900,000 in trading fees after announcing a dinner for top holders, drawing criticism over potential ethical violations. Source

   

2. New SEC chair pushes for crypto innovation

   

New SEC Chairman Paul Atkins vows to shift towards innovation-friendly crypto regulations, criticizing the previous administration’s enforcement-heavy approach. Source

   

3. Revolut reports $1 billion profit in Q1

   

Revolut achieved a record £1.1 billion profit as its revenue surged 72%, driven by strong growth in its wealth management and loan segments. Source

   

4. Michael Saylor hints at Bitcoin purchases

   

Michael Saylor suggests aggressive accumulation of Bitcoin by large investors, signaling confidence in the cryptocurrency’s long-term value amid market volatility. Source

   

5. Binance announces new token listing

   

Binance has listed a new token, expanding its offerings and enhancing user engagement as it navigates evolving regulatory landscapes. Source

   

6. Senator calls for Trump impeachment over memecoin

   

Democratic senators urge impeachment proceedings against Trump, citing ethical concerns over his $TRUMP token and its implications for presidential conduct. Source

   

7. Countries urged to regulate de-pin tokens

   

Experts advocate for international regulation of de-pin tokens to ensure market stability and protect investors amid the growing popularity of such assets. Source

   

8. Intel posts $821M loss in Q1

   

Intel reported an $821 million net loss for Q1 2025, highlighting ongoing challenges as revenue stagnates and the company restructures its operations. Source

   

9. NEC achieves record optical communication

   

NEC successfully completed Japan’s longest terrestrial wireless optical communication over 10 km, showcasing advancements in free-space optical technology. Source

   

10. Verizon launches 5G network slice for safety

   

Verizon Frontline has introduced a 5G network slice specifically designed for public safety users, enhancing communication capabilities during emergencies. Source

   

11. Meta lays off VR employees amid restructuring

   

Meta has announced layoffs in its VR division, Reality Labs, as part of a broader restructuring aimed at streamlining operations and cutting costs. Source

   

12. OpenAI partners with NTT Data for AI

   

OpenAI has teamed up with NTT Data to integrate AI agents and ChatGPT Enterprise into Japanese markets, enhancing AI accessibility and applications. Source

   

13. SK Telecom offers free SIM replacements

   

In response to a recent hack, SK Telecom is providing free SIM replacements to affected customers, ensuring continued service and security. Source

   

14. UK bans SIM farms for spam control

   

The UK government has announced a ban on SIM farms to combat the mass sending of spam messages, aiming to enhance consumer protection. Source

   

15. Telefonica and SpyCloud team up

   

Telefonica Tech has joined forces with SpyCloud to enhance cyber intelligence and identity protection services for their customers. Source

   

16. Orange sees growth in Q1 results

   

Orange reported a boost in Q1 performance, driven by strong results in the MEA region and stable growth in Europe. Source

   

17. Fujitsu plans global expansion

   

Fujitsu is set to spin off its network unit to facilitate global expansion and improve focus on telecom partnerships and services. Source

   

18. T-Mobile reaches 5G milestone

   

T-Mobile has achieved a nationwide milestone in 5G advancements, unlocking modern wireless capabilities for consumers and businesses. Source

Fiona-Xu

Fiona Xu

Fiona Xu is an intern reporter at BTW Media, having studied Media Management at Hong Kong Baptist University. She specialises in tech reporting and investigative journalism. Contact her at f.xu@btw.media.

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