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Ubisoft spins out new gaming subsidiary, Tencent to take stake

On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The … Read more

Dubai’s State-Owned Bank Launches Crypto Services Through Digital Subsidiary Called Liv

Emirates NBD, Dubai’s state-owned bank, has started offering crypto trading services through its digital bank subsidiary, Liv Bank. A key factor driving this is the increased interest of millennials and Gen Z in alternative assets, including private equity, private debt, real estate, and infrastructure. On 6 March 2025, Liv Bank, Aquanow, and Zodia Custody made … Read more

Seven & i to replace CEO, list North American subsidiary

A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024.   Richard A. Brooks | Afp | Getty Images Seven & i Holdings, the parent of 7-Eleven, said Thursday it will replace CEO Ryuichi Isaka with lead independent outside director Stephen Dacus, marking the first time a … Read more

Deutsche Telekom Subsidiary Becomes Validator For Injective Blockchain

Deutsche Telekom MMS, a subsidiary of one of Europe’s largest telecommunications companies, Deutsche Telekom, has joined the Injective blockchain as a validator. The move strengthens the telecom giant’s presence in the blockchain space and highlights the increasing institutional adoption of Web3 technologies. According to Injective’s February 27 blog post, Deutsche Telekom MMS will validate transactions, … Read more

Block.one subsidiary Bullish Global eyes IPO: report

Alan Howard-backed crypto firm Bullish Global is said to be weighing an initial public offering as soon as this year. Bullish Global, a crypto exchange operator, appears to be gearing up for an IPO as the U.S. market warms up to crypto again. Backed by big names like Alan Howard and Peter Thiel, the crypto … Read more

Nano Labs rebrands subsidiary to Nano bit, expands into Bitcoin ecosystem

The strategic rebranding of Hangzhou-based Nano Labs indicates a dedication to blockchain development and international market growth. Today, Nano Labs Ltd., a prominent fabless integrated circuit design firm and supplier of product solutions in China, announced that Tsuki HK Limited, its fully-owned subsidiary, has been formally renamed to Nano bit HK Limited. With this rebranding, … Read more

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