Latest Tech News
- Siemens agrees to acquire Boston-based R&D scientific software company Dotmatics from Insight Partners for $5.1B, in a deal expected to close in H1 2026 (Bloomberg)
- Source: Trump plans to announce a company called TikTok America, with a 50% stake for US investors and 19.9% for ByteDance, which would license the algorithm (Kaya Yurieff/The Information)
- Sources: Zuckerberg is lobbying Trump for a settlement that would prevent Meta from facing an antitrust trial later this month; he visited the White House today (Wall Street Journal)
- Automattic lays off 16% of staff, CEO Matt Mullenweg says to become "more agile and responsive"; Automattic website listed 1,744 employees ahead of the layoffs (Sarah Perez/TechCrunch)
- Sources: AppLovin has made a bid for TikTok and talked to casino magnate Steve Wynn about backing it (Wall Street Journal)
- Adobe updates Premiere Pro with AI-powered features like Generative Extend, which lets users extend clips by two seconds with 4K quality and background audio (Jess Weatherbed/The Verge)
- Sources: Justin Sun bailed out Techteryx's TrueUSD after $456M in reserves, managed by First Digital, became illiquid; Techteryx says it was a victim of fraud (Sam Reynolds/CoinDesk)
- FDUSD stablecoin depegged 9% after Justin Sun raised concerns over Hong Kong-based First Digital Trust's solvency; Binance alone holds ~$2.2B worth of FDUSD (Daniel Kuhn/The Block)
- Anthropic debuts a Claude for Education tier for colleges, with Learning Mode, where it asks questions to test understanding, shares templates for papers, more (Maxwell Zeff/TechCrunch)
- Nintendo announces Switch 2 release date - and a new Mario Kart game
- Trump pardoned BitMEX owner HDR Global Trading, which had pleaded guilty and was fined $100M for money laundering, possibly the first US pardon of a corporation (Matt Sledge/The Intercept)
- Parents allowed to block children's games and friends on Roblox
- Tech Life
- Screen time in bed linked to worse sleep, study finds
- Could TikTok be banned again and who might buy it?