Top tech news today: February 21, 2025

Tech News Roundup

1. Salad Money launches PayIt by NatWest

Salad Money introduces PayIt by NatWest, simplifying loan repayments for customers, helping them manage payments more efficiently. Source

2. DIFC celebrates record growth in tech and fintech sectors

The Dubai International Financial Centre (DIFC) marks a strong 2024, with tech, AI, and fintech industries experiencing record growth, reflecting Dubai’s innovation leadership. Source

3. Fino Payments focuses on loans and SFB strategy

Fino Payments is intensifying its focus on loans and small finance bank (SFB) strategy, aiming to expand its services and cater to a broader customer base. Source

4. Kaito AI faces tokenomics concerns

Kaito AI’s airdrop event raises concerns over its tokenomics, with experts questioning the long-term sustainability of its token distribution model. Source

5. Microsoft’s Majorana-1 chip paves the way for quantum computing

Microsoft introduces the Majorana-1 chip, a breakthrough in quantum computing, marking a significant step towards scalable quantum systems. Source

6. Global connectivity crisis: A rising concern

The global connectivity crisis is exacerbated by increasing digital demand, with experts urging investments in infrastructure and innovative solutions to tackle the challenge. Source

7. Intel in talks to sell majority stake in Altera

Intel is negotiating to sell a majority stake in Altera to Silver Lake, amid a cost-cutting drive as part of its strategic restructuring. Source

8. Ericsson and Telstra launch first programmable network in APAC

Ericsson and Telstra introduce the first programmable network in Asia-Pacific, setting a new standard for flexible and dynamic network operations. Source

9. Saudi’s DataVolt partners with Modon for AI-ready data center

Saudi-based DataVolt signs an agreement with Modon to develop an AI-ready data center in Riyadh, boosting Saudi Arabia’s digital infrastructure. Source

10. Vodafone launches space tech hub in Spain

Vodafone opens a space technology hub in Spain to test and develop satellite broadband services, pushing the boundaries of global connectivity. Source

11. Lambda raises $480M, including investment from Nvidia

Lambda raises $480 million in funding, including an investment from Nvidia, to expand its AI cloud computing platform and accelerate innovation. Source

12. BT and Equinix enhance interconnectivity for global clients

BT and Equinix strengthen their partnership to boost interconnectivity for multinational customers, enhancing global data exchange capabilities. Source

13. Eventbrite to join Morgan Stanley’s Tech Conference

Eventbrite announces participation in the Morgan Stanley Technology, Media, and Telecom Conference, focusing on its growth strategy and market presence. 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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