Top tech news today: February 17, 2025

Tech News Roundup

1. Small firms benefit from higher savings rates

ClearBank has partnered with Capital on Tap to offer higher interest rates on savings for small businesses, providing better financial growth opportunities. Source

2. Tabby secures $160M ahead of IPO

UAE-based buy now, pay later provider Tabby has raised $160 million in funding, positioning itself for an upcoming initial public offering. Source

3. Gen Digital raises $950M in senior notes

Cybersecurity firm Gen Digital has secured $950 million through a senior notes offering, reinforcing its financial stability for future growth. Source

4. Kiavi secures $300M in oversubscribed deal

Real estate lending platform Kiavi has closed a $300 million securitization deal, demonstrating strong investor demand for its tech-driven lending model. Source

5. Wayflyer appoints first-ever CTO

Irish lendtech company Wayflyer has named Victor Tuson Palau as its first chief technology officer to drive innovation and growth. Source

6. Paysafe sells payment unit to Kort Payments

Paysafe has finalized a deal to sell its direct marketing payment processing division to Kort Payments as part of its strategic restructuring. Source

7. Poor indoor connectivity threatens economic growth

Freshwave warns that inadequate indoor mobile connectivity is putting economic growth at risk, calling for improved infrastructure solutions. Source

8. FCC investigates Comcast over Trump DEI orders

The FCC has launched an inquiry into Comcast for alleged violations of Donald Trump’s diversity, equity, and inclusion executive orders. Source

9. Aduna aims to unify network API ecosystem

Telecom company Aduna plans to act as a bridge between network API suppliers and users to improve efficiency and integration. Source

10. CityFibre’s profit highlights UK fiber challenges

CityFibre’s latest financial report underscores the scale of challenges in the UK’s fiber broadband expansion efforts. Source

11. Kyivstar, Rakuten to test Open RAN in Ukraine

Ukrainian telecom Kyivstar is partnering with Rakuten to launch Open RAN testing, aiming to enhance network flexibility and efficiency. Source

12. Italy to hold 70% stake in TIM Sparkle

Italy will acquire a 70% stake in TIM’s subsea cable unit Sparkle following a deal with Asterion, reinforcing state control in critical telecom infrastructure. Source

13. Motorola wins $500M Victoria emergency contract

Motorola Solutions has secured a $500 million contract extension to maintain Victoria’s emergency services network in Australia. Source

14. Svalbard to get world’s northernmost subsea cable

A new subsea cable system will be installed in Svalbard, ensuring enhanced connectivity in the Arctic region. Source

15. Shentel expands broadband in Shenandoah Valley

Shentel is rolling out high-speed broadband services in the Shenandoah Valley, improving internet access in underserved areas. Source

16. Vero raises $240M to expand U.S. network

Telecom startup Vero, founded by former Zayo executives, has secured $240 million to grow its fiber network across the U.S. Source

17. China deepens telecom collaboration in Africa

China is strengthening its telecom partnerships in Africa, enhancing connectivity infrastructure and digital cooperation across the continent. Source

Grace-Ge

Grace Ge

Grace is an intern reporter at BTW Media,having studied Journalism Media and Communiations at Cardiff University.She specialises in wiritng and reading.Contact her at g.ge@btw.media.

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