Coinbase says prediction markets should stay under CFTC oversight, arguing event-based contracts already fit within federal derivatives law. The company laid out four points in a comment letter and public post. Key Takeaways: Coinbase urged the CFTC to regulate prediction markets under existing derivatives law. Federal oversight could prevent fragmented state enforcement across int
Coinbase Says Prediction Markets Are Maturing, CFTC Needs No New Mandate
Samsung’s labor union is seeking removal of caps on performance bonuses and payouts equal to 15% of operating profit.
Citi warns Samsung earnings may fall on strike, bonuses
GameStop CEO Ryan Cohen made an unsolicited offer to buy eBay for about US$56 billion.
US retailer GameStop reportedly offers $56b for eBay
In this issue, we look at the wider implications of China blocking Meta’s Manus deal and how PropertyGuru is actually using AI.
Manus meets China’s red line
Linkerbot makes nearly 5,000 hands a month and plans to lift output to 10,000 as investor interest in China’s humanoid robotics sector.
Chinese robotic-hand startup Linkerbot eyes $6b valuation
upGrad is discussing a 3.8 billion rupees (US$39.5 million) internal round with Temasek and founder Ronnie Screwvala.
Indian edtech upGrad to buy Unacademy for $218m
Rakuten Wallet added XRP access to one of Japan’s largest consumer payment networks, a rollout highlighted by a Ripple manager on April 30. Users can convert Rakuten Points into XRP, trade in-app, and charge Rakuten Cash through Rakuten Wallet for spending via Rakuten Pay across more than 5 million merchant locations. Key Takeaways: Rakuten Wallet […]
XRP Reaches 5M+ Merchants Through Rakuten Wallet Integration
Foxconn's second-generation low-Earth orbit satellites launched from California on a SpaceX Falcon 9 rocket.
Taiwan’s Foxconn launches second-gen satellites via SpaceX
Samsung Electro-Mechanics' Q1 operating profit rose 40% despite a one-off retirement allowance cost.
Samsung Electro-Mechanics seen gaining from AI demand
Over 3.5 billion people used at least one Meta app each day in the first quarter of FY26.
Meta says AI boosts Facebook, Instagram engagement
Over 3.5 billion people used at least one Meta app each day in the first quarter of FY26.
Meta says AI lifts Facebook, Instagram engagement
The 190 kg satellite combines electro-optical and radar sensors for diverse imaging capabilities.
SpaceX launches GalaxEye’s 1st Earth observation satellite
The qualifying rules for the state pension are changing
State pension 'full amount' warning as DWP rules differ
SK Group posted the biggest gain as the market value of its listed affiliates rose 89.6% to 1,139.8 trillion won (US$775 billion).