Summary of Recent Developments (Mid-2025) SpaceX’s Starship vehicle lifting off on its ninth test flight from Starbase, Texas in May 2025. Starship is the company’s next-generation, fully-reusable rocket system under development. In summary, by mid-2025 SpaceX is breaking launch records, advancing Starship’s development amid regulatory hurdles, expanding its Starlink network, and securing a growing share…
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Q1 2025 fintech funding jumped 18% quarter-over-quarter to over $10 billion, the highest level in two years. The U.S. FedNow real-time payment rails had onboarded more than 1,200 banks by early 2025 and processed 1.3 million transactions in Q1 2025, up 43% QoQ. In June 2025, the European Payments Initiative launched a cross-border collaboration to…
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The national fiber-optic backbone, about 1,300 km long, was completed in 2018 by Huawei to connect major cities and border links in Malawi. In July 2023, ESCOM linked Malawi to Tanzania’s national broadband backbone, a move expected to lower international bandwidth costs and extend connectivity to rural areas. In 2023, Liquid Intelligent Technologies launched a…
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Nintendo Switch 2 launched on June 5, 2025, alongside a wave of first-party titles, with Mario Kart World as a day-one exclusive priced at $79.99. Enhanced Switch 2 editions of The Legend of Zelda: Tears of the Kingdom and The Legend of Zelda: Breath of the Wild were released on launch day with improved performance.…
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Waymo’s robotaxis are now providing over 150,000 autonomous rides per week in U.S. cities. By 2025 AI drives an estimated 80–90% of trading volume in major stock markets. The EU AI Act entered into force in August 2024, with prohibitions enforceable by February 2025, general-purpose AI rules taking effect by August 2025, and high-risk requirements…
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Global consumer tech sales are projected to reach $1.29 trillion in 2025, about 2% growth over 2024. Apple leads wearables with roughly a 20–25% global market share in recent quarters, driven by its Watch and AirPods lines. Wearable shipments grew 5.4% in 2024 to 534.6 million units and are expected to grow 4.1% in 2025…
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The global AI market is estimated at $758 billion in 2025 and is projected to rise to multiple trillions in the next decade. Apple’s 2025 software enables an iPhone to run a local large language model for Siri, marking edge AI in consumer devices. The AI semiconductor market is projected to exceed $150 billion in…
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Apple WWDC 2025 (June 9–13) introduced iOS 26, iPadOS 26, macOS 26 Tahoe, watchOS 26, tvOS 26, visionOS 26, a unified Liquid Glass design, and on-device Apple Intelligence with Live Translation and Image Playground. Google I/O 2025 showcased Android 16, AI-powered features across services, Android XR, and NotebookLM as a standalone Android app powered by…
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Construction began June 18, 2025 in Tempe’s Warner Ranch neighborhood, with first activations slated for 2026. About 85,000 linear feet of fiber are under way in Warner Ranch. Tempe is Google Fiber’s fourth Phoenix-metro city, following Mesa, Chandler, and Queen Creek. Google Fiber’s Tempe service plans include Core 1 Gbps for $70, Home 3 Gbps…
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By 2025, about 99.8% of UK households are within reach of a decent broadband connection (≥10 Mbps). About 97–98% of UK households have an active internet subscription. In 2024, the average fixed broadband speed was around 157 Mbps, up from just over 50 Mbps in 2022. Gigabit-capable broadband is available to about 84% of UK…
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