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Telecommunications & Media
Netflix faces infrastructure test as it expands live streaming
Netflix, a leading video streaming service, is aggressively targeting the market for live event broadcasts including sports, raising attention on the infrastructure needed to support them. The Wall Street Journal reported Netflix has aired more than 200 live events since March 2023, with some suffering streaming disruptions. Netflix is upgrading infrastructure for live streaming and runs a live operations centre in California, with plans to add sites in Britain and Asia by 2026.
AI & Enterprise
Telcos' ESG report credibility hit by series of hacks
South Korea’s mobile carriers SK Telecom, KT and LG Uplus publish annual ESG reports that list information security as a key task, citing expanded investment, advanced management processes and employee training. Industry voices say repeated hacking incidents have eroded trust and raised doubts about whether response systems work as described. Cases cited include SIM data leaks, delayed reporting of incidents and alleged concealment. Experts call for governance that verifies effectiveness across prevention, detection, response and reporting.
AI & Enterprise
Nvidia steps up inference AI push with $150 million investment in Baseten
AI inference platform company Baseten raised $300 million at a $5 billion valuation, the Wall Street Journal reported on Monday. The valuation more than doubled from the previous round, the report said, as inference infrastructure becomes more important in the generative AI market. IVP and Alphabet growth investment fund CapitalG led the round, and Nvidia invested $150 million. Baseten was founded in 2019.
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Finance
KB Financial opens KB Life Yeoksam Center for integrated senior services
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Telecommunications & Media
Netflix Q4 revenue up 17.6 percent, earns $1.5 billion from ads
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Telecommunications & Media
Korea Broadcasters Association joins hands with National AI Strategy Committee on K-AI and content
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AI & Enterprise
ServiceNow signs 3-year contract with OpenAI to strengthen AI software stack
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AI & Enterprise
Microsoft CEO says energy costs will shape race in AI era
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AI & Enterprise
Grubhub parent Wonder acquires restaurant rewards startup Claim
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Telecommunications & Media
Setapp Mobile to close in EU on Feb. 16, raising sustainability questions for alternative app stores
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Telecommunications & Media
Netflix introduces real-time voting feature
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AI & Enterprise
India's vibe-coding startup Emergent raises $70 million from SoftBank and others
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AI & Enterprise
Spotify tests feature to sync print books and audiobooks, launch uncertain
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AI & Enterprise
Microsoft nears launch of ad-supported free Xbox cloud gaming
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AI & Enterprise
Modulate unveils ELM voice AI model
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AI & Enterprise
Ethernovia raises $90 million to develop Ethernet chips for vehicles and edge AI
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Crypto
Hungary, Portugal block Polymarket as European regulation spreads
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Crypto
World Liberty Financial USD1 growth plan sparks uproar as small number of wallets dominate vote