Top tech news today: May 12, 2025

Tech News Roundup

1. Trump’s crypto agenda faces conflict of interest

Trump’s personal cryptocurrency ventures threaten to derail key crypto legislation, as lawmakers express concerns over conflicts of interest affecting national security. Source

2. Pectra wallet exploit raises concerns

The Pectra wallet is under scrutiny following an exploit that could compromise off-chain signatures, highlighting risks in digital asset security. Source

3. Bitcoin SV investors revive Binance lawsuit

Investors in Bitcoin SV have resurrected a lawsuit against Binance from 2019, seeking resolution over alleged manipulations affecting their investments. Source

4. Verizon discusses AI and market trends

In a recent interview, Verizon Partner Solutions’ COO Jeff Hulse addressed industry trends and the company’s strategy for leveraging AI to drive innovation. Source

5. Congress urged to reform spectrum policy

A coalition of public policy groups is pushing Congress to reform spectrum policies to enhance competition for small businesses against larger firms. Source

6. Stylus Networks focuses on sustainable growth

Stylus Networks aims for sustainable growth by forming partnerships with leaders like Dell and Cisco, enhancing its market value and innovation plans. Source

7. Trump plans to rescind AI chip curbs

The Trump administration intends to rescind Biden-era restrictions on AI chip exports, aiming to reshape global semiconductor trade policies amid industry pushback. Source

8. Schneider Electric partners for AI data centre

Schneider Electric and Start Campus are collaborating to develop a scalable AI-ready data centre in Portugal, focusing on sustainability and renewable energy. Source

9. Industry giants launch private 5G alliance

Major industry players have formed a 5G OT Alliance to empower network owners in driving the private 5G revolution across operational technology sectors. Source

10. Ericsson and Vodafone enhance 5G capabilities

Ericsson and Vodafone have deployed tunnel-optimised antennas in Germany, aiming to enhance 5G network performance and coverage across urban areas. Source

11. Cellnex reports widened net loss

Cellnex has reported a widened net loss due to significant layoff costs, raising concerns about its financial stability amid industry challenges. Source

12. BT appoints new digital unit head

BT has appointed a Deutsche Telekom executive to lead its digital unit, aiming to accelerate its digital transformation and enhance customer experience. Source

13. BCE forms JV for US fiber growth

BCE has established a joint venture to significantly boost its fiber network expansion in the United States, targeting increased connectivity and market share. Source

14. Warner Bros. Discovery misses revenue estimates

Warner Bros. Discovery has reported missing revenue estimates, primarily due to ongoing box office weaknesses impacting its financial performance. Source

15. Texas secures settlement with Google

Texas has announced a $138 billion settlement with Google over data privacy issues, marking a significant step in state-level regulatory actions against tech giants. Source

16. News Corp beats quarterly estimates

News Corp has surpassed quarterly earnings estimates, driven by strong performance in its digital real estate services amid a challenging market environment. 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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