Top tech news today: May 26, 2025

Tech News Roundup

1. Monarch raises $75M funding

The personal finance app Monarch has secured $75 million to boost subscriber growth following the shutdown of Mint, increasing its valuation to $850 million. Source

2. Hong Kong passes stablecoins bill

Source

3. Tech industry layoffs hit 90,000

The tech sector faces significant job cuts, with over 90,000 layoffs reported in 2025, primarily driven by financial pressures and restructuring efforts. Source

4. American Tower opens edge data center

Source

5. Soluna to build solar-powered data center

Source

6. Bain Capital launches hscale in Europe

Source

7. Intel’s Xeon 6 CPU for Nvidia’s AI system

Source

8. OpenAI plans Abu Dhabi data center

Source

9. Starlink warned by Australian watchdog

Source

10. New 5G satellite technology demonstrated

Source

11. Xiaomi surpasses Apple in wearables

Source

12. FCC opens spectrum for satellite use

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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