According to PANews on May 1, Hong Kong's Monetary Authority disclosed plans to establish a digital asset platform through its Central Moneymarkets Unit (CMU) system. The CMU's operator, Yeanwood Settlement, plans to launch the platform within 2026 to support the issuance and settlement of digital b

According to Hertz Global Holdings, on Thursday the company announced Oro Mobility, a new unit partnering with Uber Technologies on two separate deals: autonomous vehicle operations for Uber's self-driving taxi program and human-driver fleet services. Hertz stock surged 17.14% to $6.55 during

According to an announcement on Thursday, Gemini received a Derivatives Clearing Organization (DCO) license from the Commodity Futures Trading Commission (CFTC), enabling the crypto exchange to expand its non-spot trading operations. The license allows Gemini's Olympus unit to act as a

According to PayPal's official announcement, the company has restructured its business into three core divisions: Payment Checkout & PayPal, Consumer Financial Services & Venmo, and Cryptocurrency & Payment Services. The newly independent Cryptocurrency & Payment Services division consolidates

According to South China Morning Post, Wingtech Technology, a Chinese electronics firm that owns Dutch chipmaker Nexperia, flagged delisting risk on the Shanghai Stock Exchange on April 29 after its auditor issued a disclaimer of opinion due to inability to verify financial records from Nexperia's o

According to Chosun Daily, LG CNS reported on April 30 that first quarter operating profit increased 19.4% year on year to 94.2 billion won (US$64.1 million), driven by AI and cloud demand. Revenue rose 8.6% to 1.3 trillion won (US$894 million). The company's AI and cloud unit generated 765.4 billi

According to CNBC, PayPal plans to spin off Venmo as a standalone segment as part of a broader reorganization. The company will create a PayPal-branded unit for merchants and consumers, and a separate payment services arm that includes Braintree and its crypto business. PayPal is recruiting a

According to Axios, Israeli medical imaging AI startup Aidoc raised $150 million in a funding round led by a Goldman Sachs-managed fund, less than a year after its previous raise. The funding brings Aidoc's total capital to over $500 million. Investors also include Nvidia unit NVentures, General

According to PR Newswire, MoonPay acquired crypto key-management firm Sodot this month in an all-stock deal valued at approximately $100 million, and launched MoonPay Institutional to serve banks, asset managers, trading firms, and exchanges. The new unit is led by Caroline Pham, former acting

Gate News message, April 29 — South Korea's LG Electronics announced during its first-quarter 2026 earnings call that it is expanding its collaboration with Nvidia into physical AI, with planned projects in robotics, mobility, and data centers. LG plans to integrate its home robot CLOiD with Nvidia