Top tech news today: May 7, 2025

1. PayNet launches fintech hub in Malaysia

PayNet’s new Fintech Hub aims to support Malaysian startups by providing funding, mentorship, and strategic partnerships to foster the next generation of tech giants. Source

2. CFPB halts BNPL enforcement under Trump

The Consumer Financial Protection Bureau, under President Trump, has ceased enforcement actions against Buy Now, Pay Later services, raising concerns about declining consumer protections. Source

3. Trump’s meme coin generates $320M in fees

Donald Trump’s meme cryptocurrency has amassed over $320 million in trading fees, offering exclusive perks to top holders and sparking ethical debates. Source

4. Yondr and CBRE launch data center apprenticeships

Yondr Group and CBRE have initiated a global apprenticeship program to train the next generation of data center professionals across their facilities. Source

5. Nokia addresses CHIPS Act and spectrum issues

Nokia’s policy chief discusses uncertainties surrounding the CHIPS Act, broadband funding, and spectrum allocation, highlighting challenges in U.S. tech policy. Source

6. Deutsche Telekom consolidates wholesale operations

Deutsche Telekom is merging its international wholesale activities to streamline operations and enhance global service offerings. Source

7. Axent and Retelit enhance Spain-Italy connectivity

Axent and Retelit have signed a strategic agreement to improve digital connectivity between Spain and Italy, aiming to boost cross-border data services. Source

8. DE-CIX reports growth ahead of 30th anniversary

Internet exchange operator DE-CIX announces revenue and traffic growth as it approaches its 30th anniversary, reflecting increased global internet demand. Source

9. Eutelsat appoints new CEO from Orange France

Eutelsat has named Jean-François Fallacher, former CEO of Orange France, as its new CEO, signaling a strategic shift in leadership. Source

10. Rivada expands Outernet access to 33 countries

Rivada Space Networks announces the expansion of its Outernet service to 33 countries, aiming to provide next-generation communications capabilities globally. Source

11. OpenAI restructures to maintain nonprofit control

OpenAI has decided to remain under its nonprofit board, converting its for-profit subsidiary into a public-benefit corporation to balance mission and investment needs. Source

12. ValorC3 announces 10MW data center in Boise

ValorC3 Data Centers plans to build a 10MW data center in Boise, Idaho, expanding its infrastructure to meet growing data demands. Source

13. Sonatel completes Phase 3 of expansion project

Sonatel has completed the third phase of its infrastructure expansion, enhancing telecommunications services and capacity in the region. Source

14. Lumen and IBM collaborate on edge AI solutions

Lumen Technologies and IBM are partnering to develop AI solutions at the network edge, aiming to improve real-time data processing capabilities. Source

15. Beyond.pl launches sovereign AI factory in CEE

Beyond.pl has introduced a sovereign AI factory in Central and Eastern Europe, focusing on secure and independent artificial intelligence development. Source

16. RETN deploys 400G tech across Eurasian network

RETN has implemented 400G technology across its Eurasian IP network, significantly enhancing data transmission speeds and network efficiency. Source

Rita-Hu

Rita Hu

Rita is an community engagement specialist at BTW Media, having studied Global Fashion Management at University of Leeds. Contact her at r.hu@btw.media.

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