Top tech news today: May 20, 2025

Tech News Roundup

1. Crypto.com and Canary launch US fund

Crypto.com and Canary Capital have announced a new fund aimed at attracting institutional investors in the US, focusing on cryptocurrency opportunities. Source

2. Franklin taps blockchain for payroll yields

Franklin is introducing a solution to generate yield on idle payroll funds using blockchain lending protocols, allowing companies to earn returns on their reserves. Source

3. US crypto funds exceed $7.5B in inflows

Crypto investment products in the US have seen over $7.5 billion in inflows this year, indicating a strong investor appetite for digital assets. Source

4. Vitalik Buterin discusses Ethereum scaling

Vitalik Buterin has proposed solutions for Ethereum’s scaling and privacy issues, focusing on partially stateless nodes to enhance network efficiency. Source

5. NVIDIA and Qualcomm customize AI data centers

NVIDIA has launched NVLink Fusion to integrate third-party CPUs with its GPUs, enhancing AI data center architectures alongside Qualcomm and Fujitsu. Source

6. SK Telecom faces server breach concerns

A cyberattack on SK Telecom has exposed sensitive USIM data, raising security concerns and prompting investigations into the breach’s extent. Source

7. FCC approves Verizon’s $20B Frontier deal

The FCC has greenlit Verizon’s acquisition of Frontier Communications for $20 billion, following commitments to modify its diversity and inclusion policies. Source

8. Nokia and Reflex expand broadband in South Africa

Nokia partners with Reflex to modernize broadband infrastructure in South Africa, enhancing connectivity for underserved communities nationwide. Source

9. OpenAI appoints ex-Facebook VP

OpenAI has named Fidji Simo, former Facebook VP, as the new CEO of Applications, focusing on scaling company functions for future growth. Source

10. Ericsson partners with Zain in Jordan

Ericsson collaborates with Zain Jordan to enhance digital experiences, aiming to improve connectivity and services for customers in the region. Source

11. SK Telecom breach undetected for years

Investigations reveal that a breach at SK Telecom went unnoticed for nearly two years, raising significant security concerns about data protection. Source

12. PPC begins battery storage project

PPC has commenced construction on two battery storage systems in northern Greece, aimed at enhancing energy resilience and sustainability. Source

13. Charter and Cox cable deal reshapes market

The merger between Charter and Cox aims to reshape the cable industry, although network plans remain divided, impacting future service delivery. Source

14. Juniper Networks teams with ServiceNow

Juniper Networks partners with ServiceNow to enhance automation offerings, streamlining operations and improving service delivery in telecoms. Source

15. Colombia raises competition concerns

Colombia’s government has expressed competition concerns regarding Telefonica’s operations, prompting discussions on regulatory measures in the telecom sector. 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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