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AI & Enterprise
Executive-rank designation for CISOs to become mandatory, standards still unclear
South Korea’s cabinet has approved revisions to the Network Act requiring companies to appoint a chief information security officer (CISO) at executive level, with detailed applicability criteria to be set by enforcement decree. The law is expected to be promulgated as early as next week and take effect six months later, with some provisions delayed by a year. Data cited by KISA show many firms, especially mid-sized ones, still lack executive-level CISOs.
Finance
Brokerages upgrade AI-based mobile trading apps, but frequent outages remain task
South Korean brokerages are adding AI-driven features to mobile trading systems, including market summaries, stock reports, video content and real-time issue analysis. Firms cited include Kiwoom Securities, Woori Investment & Securities, Toss Securities, Shinhan Investment Corp and Daishin Securities. The push has also raised expectations that MTS could evolve beyond trading into a broader platform. Persistent system outages and strained call-centre access remain key problems, as regulators warn of penalties for failures tied to weak internal controls.
Games & Commerce
Naver, Kakao expand R&D spending, focus on in-house AI
Naver and Kakao increased research and development spending last year to record levels, their filings showed. Naver spent 2.22 trillion won and raised R&D to 18.5 percent of revenue, focusing on wider use of its HyperCLOVA X AI and expanding computing infrastructure. Kakao spent 1.30 trillion won, or 16 percent of operating revenue, and created the Kanana organisation to strengthen in-house large language model development.
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AI & Enterprise
Security hot issue: Tech firms crowd into cybersecurity market
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Telecommunications & Media
BTS Gwanghwamun comeback live watched by 18.4 million worldwide
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AI & Enterprise
WhatsApp rolls out major update, spotlighting AI-powered auto replies
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AI & Enterprise
Cohere launches open-source speech-only model to boost automatic speech recognition
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AI & Enterprise
ByteDance adds Dreamina Seedance 2.0 AI video generation model to CapCut
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AI & Enterprise
OpenAI indefinitely shelves ChatGPT adult mode
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AI & Enterprise
Google expands Live Translate earbud feature to iOS, widens country support
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Telecommunications & Media
Netflix to raise all subscription prices again
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Crypto
Bitwise says institutional investors' interest surges in XRP and tokenisation as crypto market shifts
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Crypto
Bitcoin or gold: which safe-haven leads amid Iran war?
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Crypto
U.S. recession risk near 50 percent; can bitcoin repeat 2020 rebound?
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Finance
Foreigners extend KOSPI selling to sixth session; weekly outflows top 10 trillion won for first time
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AI & Enterprise
Mistral releases open-source voice-generation AI model
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AI & Enterprise
MegazoneCloud partners with Check Point to push into AI and cloud security
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AI & Enterprise
AI data centre power surge solution found, fierce race for next-generation DC power grids