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Finance

KOSPI slides nearly 2% to 6,800 level; Kosdaq falls below 900

South Korea’s KOSPI fell nearly 2% on Oct. 7 as foreign investors and institutions sold shares, ending at 6,803.90. The index opened lower and attempted to recover the 7,000 level. Analysts cited concerns over a slowdown in AI investment, U.S. rate burdens and profit-taking in large semiconductor stocks. Individuals were net buyers. The Kosdaq fell 2.34% to 898.43, slipping below 900. The won edged higher against the dollar.

AI & Enterprise

Hadrian Security raises 36 million euros in funding

Netherlands-based security startup Hadrian Security has raised 36 million euros in funding, a tech publication reported on Monday. The company provides AI agents that identify vulnerabilities attackers could actually exploit. Its platform includes Atlas, which monitors external attack surfaces and verifies exploitability, and Nova, which runs on-demand penetration tests. Hadrian plans to use the funds to expand overseas and grow engineering and research teams, targeting nine-figure revenue long term.

AI & Enterprise

Apple to expand smart home device cooperation with LG, to launch door locks, doorbells and thermostats

Apple is working with LG to prepare a new smart home device ecosystem that includes smart door locks, thermostats and doorbells. TechCrunch reported on Oct. 6 that the products are designed to link with an Apple smart home hub that has been discussed for release on Oct. 13. The hub is expected to have a 6-inch square display for tabletop use or wall mounting. The companies are also developing security cameras.