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AI & Enterprise
Anthropic raises target for new funding round to $20 billion
Anthropic has doubled its target for a new funding round to $20 billion from $10 billion, driven by strong investor interest in AI, the article said. If completed, the round is expected to value the company at $350 billion. TechCrunch reported the higher target was supported by demand for its Claude model and coding-focused Claude Code. Sequoia Capital, Singapore’s sovereign wealth fund and Coatue may take part.
Telecommunications & Media
How to regulate 'big YouTubers'? National Assembly draft integrated media law signals fallout
South Korea's National Assembly released a draft law that would regulate large YouTube channels as audiovisual media services. User-generated content platforms would fall under the market domain, but the focus is on big channels with legacy media-level influence. The draft would require reporting obligations and clear disclosure of ads and sponsorships, and it considers banning explicit sales inducement for large creators set by presidential decree. Critics cite vague thresholds, potential politicisation and clashes with government policies promoting the creator economy.
Finance
Policy hopes drive rally in 'Hekka-ne' stocks as focus turns to earnings
Payment platform shares have jumped for days on expectations that stablecoins will be brought into the system. As policy signals point to using digital assets as a growth engine and pursuing a KOSDAQ 3,000 era, Hecto Financial, Kakao Pay and Naver have been grouped as beneficiaries. The article highlights their payment infrastructure and networks, participation in blockchain initiatives and forecasts for 2025 and 2026 earnings, with analysts weighing the outlook.
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AI & Enterprise
Sandoll, BGF Retail to expand cooperation on Hangul commerce use
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AI & Enterprise
Dokpamo second-round countdown as multimodal seen as key factor
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Industry
Imported EV market shifts in Korea as Tesla, BYD gain ground and German trio slips
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Industry
Chinese TV brands target premium market as Samsung fights to hold top spot
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AI & Enterprise
Reality behind AI-driven crisis fears for software companies
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Games & Commerce
Pearl Abyss breaks seven-year silence with Crimson Desert, test for K-game DNA innovation
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Crypto
Tether launches USAT stablecoin compliant with U.S. GENIUS Act
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Crypto
Animoca Brands Japan teams up with RootstockLabs to expand bitcoin DeFi for Japanese companies
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Crypto
Crypto payments startup Mesh raises $75 million, reaches unicorn status
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Crypto
UK finalises cryptocurrency regulation, setting it apart from U.S.
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Crypto
Circle launches privacy stablecoin USDCx on Aleo blockchain
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Crypto
Nomura-backed Laser Digital applies for U.S. trust bank charter
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Games & Commerce
Amazon overhauls offline retail strategy, closes Amazon Go and Amazon Fresh stores
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AI & Enterprise
Google unveils feature to switch from AI Overviews to AI Mode conversations
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AI & Enterprise
Pinterest cuts 15 percent of workforce to expand AI investment