TEL AVIV, Israel, May 12, 2025 /PRNewswire/ — Drive TLV, a smart and sustainable tech mobility innovation hub based in Tel-Aviv, Israel, is excited to announce its collaboration with NXP® Semiconductors, a trusted partner for innovative solutions in the automotive, industrial & IoT, mobile, and communications infrastructure markets.

The collaboration aims to accelerate technological advancements in areas such as Autonomous Driving, Radar Systems, Autonomous Mobile Robots (AMRs), AI-enabled use cases in the automotive sector and more.

Drive TLV will facilitate collaborations between NXP and participating companies, identifying startups with the necessary capabilities and technologies to tackle industry challenges and bring market-ready solutions to fruition.

NXP will gain access to a vast network of startups, enhancing its reach to cutting edge technologies across the mobility, automotive, and energy sectors. The cooperation aims to enrich NXP’s wide array of solutions with new and innovative product ideas and concepts.

“Drive TLV will further open the door for NXP to collaborations with Drive’s dynamic ecosystem of startups and global partners,” said Martin Gruber VP of Corporate Strategy at NXP. “This opportunity allows us to explore cutting-edge technologies, and we look forward to all that this collaboration has to offer.”

“We are thrilled to welcome NXP as part of our ecosystem at Drive TLV. Their commitment to forward-thinking technology and innovation aligns perfectly with our mission to empower groundbreaking Automotive, Industrial, & IoT solutions.” Itay Erel, CEO at Drive TLV, said. “We look forward to creating impactful collaborations for a smarter and more connected future.”

About Drive TLV

Drive TLV is a unique innovation hub focused on smart mobility. Drive TLV leverages its in-depth knowledge of the Israeli hi-tech ecosystem to handpick the most promising smart mobility startups and enhance their business with strategic guidance. Drive TLV also forms and maintains strong partnerships with industry-leading global mobility enterprises. Finally, Drive TLV creates perfect matches between its startups and their industry leading partners, generating value for both. When needed, Drive TLV molds the startups’ innovative technologies to suit its partners’ needs and helps both parties co-create viable market-ready solutions.

Contact:

Drive TLV
+972584799580
samantha@drivetlv.com

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SOURCE Drive TLV

ENGLEWOOD CLIFFS, N.J., May 12, 2025 /PRNewswire/ — LG Electronics (LG) is rolling out its 2025 OLED B5-series TV lineup in the United States. Led by the 83-inch LG OLED B5, the B-series inherits LG’s latest in AI technology, and introduces improved processing, powerful gaming features and enhanced picture quality. The 83-inch LG OLED B5 ($4,499) is available now for pre-order on LG.com with additional sizes (77-, 65- and 55-inch) available now at LG-authorized retailers. For more information, visit LG.com.

LG OLED B5, a well-balanced choice that combines visual excellence with compelling gaming performance 
With Perfect Black and Perfect Color technology on over 8.3 million self-lit smart pixels powered by the Alpha 8 AI Processor Gen2, LG’s OLED B5 series is designed to create an incredible viewing experience. Like other LG OLED models, the B5 supports Dolby Vision®, Dolby Atmos®, HDR10 Pro and FILMAKER MODE™.1 For dynamic action and fast-paced gaming, the B5 series delivers a suite of premium gaming features, including NVIDIA G-Sync, AMD FreeSync Premium & VRR and up to 120 Hz refresh rate. Users can enjoy the B5’s gaming features – no console needed – with multiple cloud gaming apps including NVIDIA GeForce NOW, Amazon Luna and more. Recently introduced to LG Smart TVs in over 25 countries is the Xbox app.2 Bring games to life with LG TVs’ vivid 4K upscaling and enjoy hundreds of high-quality Xbox games with an Xbox Game Pass Ultimate membership and compatible Bluetooth gaming controller.3

The 2025 B-series also leverages advanced AI features that understand and adapt to individual audio and visual preferences. By analyzing over 1.6 billion image settings and 40 million sound profiles, the AI Picture & Sound Wizard develops a personalized viewing experience tailored to the user. This tailored experience is enhanced with use of LG’s AI Magic Remote which allows for quick and easy access to TV controls via the new AI button. AI Welcome greets users by name and provides tailored recommendations based on their preferences and viewing habits, while AI Voice ID adds convenience by recognizing individual voices, automatically switching profiles and delivering content suggestions that match personal tastes.

For more information on LG’s lineup of OLED TVs, visit LG.com.

About LG Electronics USA
LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a smart life solutions company with annual global revenues of more than $60 billion. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. www.LG.com.

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SOURCE LG Electronics USA

HAMILTON, Bermuda, May 12, 2025 /PRNewswire/ — 24X Bermuda Limited (“24 Exchange“) today announced the launch of FX Non-Deliverable Swaps (NDS) trading, expanding the company’s range of FX offerings on its robust global platform. The FX NDS product is now live and available for trading across major non-deliverable currency pairs, providing financial institutions with enhanced liquidity at the cost-effective pricing levels 24 Exchange is known for.

The new FX NDS product mirrors the streaming functionality and workflow that 24 Exchange currently provides for FX Non-Deliverable Forwards (NDFs) trading. NDS trading features Standard Chartered Bank as the single counterparty, and is accessible via the 24 Exchange platform’s user-friendly and efficient graphic user interface (GUI). Importantly, the FX NDS product is available over the same API as other FX products ensuring efficient and easy access.

“We’re excited to bring Non-Deliverable Swaps to our platform, leveraging the strong demand and engagement we’ve seen from our institutional users in the NDF space,” said 24 Exchange CEO and Founder Dmitri Galinov. “This launch reflects our continued focus on broadening access to innovative FX products through cost-efficient, technology-driven solutions that enable users to efficiently maximize liquidity.”

This expansion comes on the heels of another single day trading volume record set by the 24 Exchange platform last week of $8.2 billion in total NDF trading – underscoring the platform’s growing role in global FX markets.

In addition to NDS, 24 Exchange also offers NDF, deliverable FX Swaps, and Spot trading to institutional users. Since its launch in 2019, 24 Exchange’s multi-asset offering through a single trading interface has enabled market participants to access increased liquidity at lower cost.

24 Exchange is developing 24X National Exchange, the first stock exchange to receive approval from the U.S. Securities and Exchange Commission to offer trading of U.S. securities 23 hours each workday. 24X National Exchange will enable retail and institutional customers anywhere in the world to trade in U.S. equities via broker-dealers who are approved members. This new exchange expects to launch its initial stage in the second half of 2025, with trading from 4:00AM ET to 7:00PM ET on weekdays.

About 24 Exchange
24 Exchange allows market participants to seamlessly exchange their exposures at the lowest possible cost. 24 Exchange’s mission is to enable members to initiate the most cost-effective trades across a growing range of asset classes, 24 hours a day. 24 Exchange lowers the cost of exchanging assets in the global markets while delivering creative and unique workflows catered to each asset class. More information is available at https://24exchange.com/.

Media Contact:
Eric Andrus, KARV
24Xmedia@karv.global

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SOURCE 24 Exchange