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Crypto
Nvidia up 74 percent as Shiba Inu halves in value over a year
Meme coin Shiba Inu (SHIB) has fallen 64 percent over the past year, and a $100,000 investment a year ago would now be worth about $36,000, an analysis showed. Crypto analyst Ash Crypto compared one-year returns of major traditional assets and cryptocurrencies. Nvidia rose 74 percent, while the S&P 500 and Nasdaq gained 27 percent and 39 percent. Bitcoin and ether were also shown in losses, while several meme coins and altcoins posted double-digit declines.
Industry
Lily's new obesity drug retatrutide eyes beyond GLP-1 limits tagged with fatigue
Eli Lilly's next-generation obesity treatment retatrutide may reduce fatigue, a side effect often associated with GLP-1 drugs, by regulating energy metabolism as well as suppressing appetite. Retatrutide is designed as a triple agonist that stimulates GLP-1, GIP and glucagon receptors. This mechanism could promote fat and glycogen breakdown while boosting insulin and limiting blood sugar spikes. Gigazine said clinical data are not yet sufficient to confirm the effect.
AI & Enterprise
Cerebras IPO surge focuses Wall Street money on SpaceX and OpenAI
AI chip designer Cerebras Systems surged about 70 percent on its first day of trading, signalling renewed investor interest in U.S. technology IPOs. Its debut lifted its market value to about $95 billion, marking the biggest U.S. IPO this year and the largest tech listing since Uber in 2019. Analysts also see a widening concentration of capital on mega-sized candidates such as SpaceX, OpenAI and Anthropic, while non-AI software companies face weaker demand.
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AI & Enterprise
AI promo posts trigger backlash as Vermont bagel shop hit with one-star reviews
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General News
Bryan Johnson shares 41 anti-ageing rules after spending 3 billion won a year
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Crypto
Wall Street raises gold price targets as Russian retail buying surges
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AI & Enterprise
Canada's Ontario medical AI riddled with errors, audit finds
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People & Appointments
Kakao holds Compliance Awards to honor crews for fair trade, shared growth results
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Games & Commerce
Superfast to invest 11.1 billion won to spot indie games, launch 'super IP' push
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Finance
Korean banks provide 2,100 tailored consulting sessions to 800 small merchants
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Finance
Shinhan Bank to provide 7.5 billion won in guaranteed loans for Incheon mid-to-low credit firms
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AI & Enterprise
Daedong posts 377.7 billion won in Q1 sales, speeds shift to AI farming operations platform
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AI & Enterprise
South Korea science ministry launches 'K-Moonshot' AI humanoid development
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AI & Enterprise
Cohesity expands support for cyber vault solution across core backup platform
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AI & Enterprise
K-AI models speed rollout across law, games, materials and startups
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AI & Enterprise
HonestAI hires former Lunit software development head Bang Soo-cheol as CTO
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General News
FIFA agrees sharply lower China broadcast fee for 2026 World Cup
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Finance
Finance sector speeds up AI adoption; key is information trust, not performance