Technology

Global Payments says it will sell its Heartland Payroll Solutions unit, which has 50K+ clients, to Michigan&based fintech Acrisure for $1.1B, closing in H2 2025 (Reuters)

Global Payments says it will sell its Heartland Payroll...

May 28, 2025

Reuters: Global Payments says it will sell its Heartland Payroll Solutions unit,...

Circle aims to raise up to $624M in its US IPO, offering 24M shares at $24&$26 each, valuing it at ~$5.65B, or ~$6.7B fully diluted, at the top of the range (Bloomberg)

Circle aims to raise up to $624M in its US IPO, offerin...

May 28, 2025

Bloomberg: Circle aims to raise up to $624M in its US IPO, offering 24M shares a...

Block plans to roll out bitcoin payments on Square in H2 2025; the system runs on the Lightning Network and lets merchants accept bitcoin via Square's hardware (MacKenzie Sigalos/CNBC)

Block plans to roll out bitcoin payments on Square in H...

May 28, 2025

MacKenzie Sigalos / CNBC: Block plans to roll out bitcoin payments on Square in ...

Okta reports Q1 revenue up 12% YoY to $688M, vs. $680M est., and maintains its FY 2026 guidance due to macroeconomic uncertainties; OKTA drops 12%+ after hours (Samantha Subin/CNBC)

Okta reports Q1 revenue up 12% YoY to $688M, vs. $680M ...

May 28, 2025

Samantha Subin / CNBC: Okta reports Q1 revenue up 12% YoY to $688M, vs. $680M es...

Temu&owner PDD reports Q1 revenue up 10% YoY to ~$13.3B, below ~$14.4B est., and says it is fulfilling US orders exclusively via local warehouses and merchants (Luz Ding/Bloomberg)

Temu&owner PDD reports Q1 revenue up 10% YoY to ~$13.3B...

May 27, 2025

Luz Ding / Bloomberg: Temu-owner PDD reports Q1 revenue up 10% YoY to ~$13.3B, b...

SpAItial, which is building text&to&3D environment generation tools, raised a $13M seed led by Earlybird and plans to license its foundation model to developers (Anna Heim/TechCrunch)

SpAItial, which is building text&to&3D environment gene...

May 27, 2025

Anna Heim / TechCrunch: SpAItial, which is building text-to-3D environment gener...

Salesforce agrees to acquire cloud data management company Informatica for ~$8B, set to close in its FY 2027, one year after an earlier deal fell through (Bloomberg)

Salesforce agrees to acquire cloud data management comp...

May 27, 2025

Bloomberg: Salesforce agrees to acquire cloud data management company Informatic...

Sources, including 30+ current and former Meta employees and 10+ US officials, detail Mark Zuckerberg's embrace of Trump, which has yet to pay major dividends (Bloomberg)

Sources, including 30+ current and former Meta employee...

May 27, 2025

Bloomberg: Sources, including 30+ current and former Meta employees and 10+ US o...

Scam victims in Singapore lost a total of ~$858M last year, up 70% YoY; most are contacted via Meta&owned apps, and deepfakes in scams are increasingly common (Owen Walker/Financial Times)

Scam victims in Singapore lost a total of ~$858M last y...

May 27, 2025

Owen Walker / Financial Times: Scam victims in Singapore lost a total of ~$858M ...

The top contributor to X's Community Notes is Web3 Antivirus, a startup that uses an automated process to flag crypto scam posts and has posted 52,000 times (Alexios Mantzarlis/Indicator)

The top contributor to X's Community Notes is Web3 Anti...

May 27, 2025

Alexios Mantzarlis / Indicator: The top contributor to X's Community Notes is We...

Chinese food delivery giant Meituan reports Q1 revenue up 18.1% to ~$12.1B, vs. $12B est., net profit up 87.3% YoY to ~$1.4B, as it expands outside China (Ben Jiang/South China Morning Post)

Chinese food delivery giant Meituan reports Q1 revenue ...

May 26, 2025

Ben Jiang / South China Morning Post: Chinese food delivery giant Meituan report...

Sources: Tim Cook declined a WH invitation to join Jensen Huang and others on Trump's Middle East trip, during which Trump criticized Cook and praised Huang (Tripp Mickle/New York Times)

Sources: Tim Cook declined a WH invitation to join Jens...

May 26, 2025

Tripp Mickle / New York Times: Sources: Tim Cook declined a WH invitation to joi...

Capgemini says it is partnering with SAP to deploy custom Mistral AI tools for industries with stringent data requirements, such as aerospace and defense (Leo Marchandon/Reuters)

Capgemini says it is partnering with SAP to deploy cust...

May 26, 2025

Leo Marchandon / Reuters: Capgemini says it is partnering with SAP to deploy cus...

Source: the main topic at WWDC will be a redesigned software interface, dubbed Solarium, for all of Apple's operating systems, including tvOS and watchOS (Mark Gurman/Bloomberg)

Source: the main topic at WWDC will be a redesigned sof...

May 26, 2025

Mark Gurman / Bloomberg: Source: the main topic at WWDC will be a redesigned sof...

Study: users in China's Henan province were on average denied access to 5x more websites than a typical Chinese internet user between Nov. 2023 and March 2025 (Amy Hawkins/The Guardian)

Study: users in China's Henan province were on average ...

May 26, 2025

Amy Hawkins / The Guardian: Study: users in China's Henan province were on avera...

Tools like Microsoft Copilot are helping execs, managers, and staff quickly catch up on work after a vacation by triaging emails and summarizing Slack threads (Jo Constantz/Bloomberg)

Tools like Microsoft Copilot are helping execs, manager...

May 26, 2025

Jo Constantz / Bloomberg: Tools like Microsoft Copilot are helping execs, manage...

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