Tech Meme

Manish Singh / India Dispatch: India’s top IT firms, TCS, Infosys, and Wipro, are facing their steepest growth slowdown in years amid global economic uncertainty and geopolitical challenges  —  Infosys, TCS and Wipro report disappointing results as Trump tariffs and economic headwinds prompt corporate caution Lees verder op Tech Meme

Fortune: A profile of Bo Hines, a 29-year-old official in the Trump administration who has become the main liaison between the White House and the crypto industry  —  Since his appointment, Bo Hines has become a mini-celebrity in the crypto world—with CEOs, billionaire investors, and lobbyists vying for face time. Lees verder op Tech Meme

Kentaro Shiozaki / Nikkei Asia: Garment workshops are closing across the “Shein village” in Panyu, China, after the US ended the de minimis exemption; Shein urges suppliers to shift to Vietnam  —  GUANGZHOU — Garment workshops are shuttering across a Guangzhou district dubbed “Shein Village,” … Lees verder op Tech Meme

The Block: Sources: BOA, principally lobbying through trade associations, is pushing US lawmakers for rules favoring banks over tech companies in stablecoin issuance  —  – Bank of America is lobbying for rules favoring banks over tech firms in stablecoin issuance.  — Circle is positioning itself … Lees verder op Tech Meme

PYMNTS.com: HR management company Paychex acquires Paycor, which provides HR and payroll management software, for $4.1B in an all-cash deal  —  Human capital management (HCM) firm Paychex has announced its acquisition of Paycor HCM, a software company providing HCM, payroll and talent services. Lees verder op Tech Meme

Emma-Victoria Farr / Reuters: PE firm KKR agrees to acquire and take private Frankfurt-listed IT company Datagroup for about €450M in an all-cash deal expected to close in Q3 2025  —  U.S.-based private equity firm KKR (KKR.N) has reached a deal with Frankfurt-listed Datagroup (D6HG.DE) to buy the firm … Lees verder op Tech Meme

Ryan Lawler / Axios: API-based background check provider Checkr acquires income and employment verification startup Truework, which had raised $125M+ and was last valued at ~$480M  —  Checkr, an API-based background check provider, is acquiring income and employment verification startup Truework, Checkr CEO Daniel Yanisse tells Axios exclusively. Lees verder op Tech Meme

IDC: In 1Q25, Apple shipped 9.8M iPhones in China, down 9% YoY, with its market share declining from 15.6% to 13.7%, as China smartphone market grew 3.3%  —  Worldwide Quarterly Mobile Phone Tracker, China’s smartphone market shipped 71.6 million units in 1Q25, a 3.3% year-on-year (YoY) increase. Lees verder op Tech Meme

Vince Quill / Cointelegraph: Oregon sues Coinbase, alleging the exchange is selling unregistered securities; Coinbase CLO Paul Grewal says it’s a “copycat case” of SEC’s now-dropped lawsuit  —  While winning legal victories at the federal level, the crypto industry still faces regulatory hurdles at the state level in the United States. Lees verder op Tech Meme

Tripp Mickle / New York Times: The Trump administration’s restrictions on AI chip exports by Nvidia, AMD, and Intel to China could help turn Huawei into a global chip-making powerhouse  —  New restrictions on semiconductor exports to China are scrambling sales and fueling concerns that the Chinese tech giant will become a chip-making powerhouse. Lees verder op Tech Meme