Service

JPMorgan to Acquire Leading Data Platform Aumni in Venture Capital Service Push

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Financial powerhouse JPMorgan will acquire Aumni for the data platform’s value at its last fundraising in 2021.  Banking giant JPMorgan appears set to acquire leading venture and private markets investment data platform Aumni. Yesterday, the New York-based multinational financial services company announced a definitive purchase agreement with Aumni. Although JPMorgan did not disclose financial terms, the bank expects … Read more

Baidu Secures Permit to Become First Fully Driverless Taxi Service Provider in Beijing 

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With the Beijing development, Baidu can now operate a driverless taxi service in three Chinese cities, including Wuhan and Chongqing. Chinese tech giant Baidu has secured the right to offer the first fully driverless taxi service in China’s capital, Beijing. On Friday, the Beijing-based company made the announcement, which also included part of its logistical … Read more

German DZ Bank Taps Metaco to Offer Crypto Asset Management Service

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With the right user base and its alignment with existing regulations, DZ Bank will open access to millions of users to consider getting into the crypto ecosystem with its offering. DZ Bank, the second-largest financial services provider in Germany is set to dive into the crypto asset management niche and it has named Swiss custodian … Read more

Huobi Announces Closure of Cloud Wallet Service amid ‘Strategic and Product Adjustments’

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Following the announcement of its Cloud Wallet service closure, Huobi has advised users to transfer their digital assets elsewhere. Huobi recently announced the impending closure of its Cloud Wallet service due to “strategic and product adjustments.” According to the crypto exchange, it will effectively shut down its decentralized finance (DeFi) multi-token wallet on May 13th, 2023. … Read more

Apple Inc’s Hardware Subscription Service Facing Setbacks Forcing Delays

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The plan by Apple to launch the series of subscription services for its hardware product is the company’s own way to get a competitive advantage over other rivals in the space. American multinational technology giant Apple Inc (NASDAQ: AAPL) is recording a significant slowdown in its plans to launch a number of hardware subscription services. … Read more