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Games & Commerce
Mgame's Q1 operating profit falls 51 percent on base effect
Mgame reported lower first-quarter results from a year earlier due to a base effect from strong performance a year ago, while revenue rebounded from the previous quarter. The company posted 24.2 billion won in revenue and 3.2 billion won in operating profit. It plans pre-registrations in the third quarter for an idle mobile game based on its Guhon IP and aims to expand its lineup in the second half.
AI & Enterprise
Palo Alto warns AI cyber attacks could become routine within 3 to 5 months
Palo Alto Networks warned that software vulnerability attacks abusing artificial intelligence could become a new standard cyber threat within the next few months. Chief Technology Officer Lee Klarich said organisations have only about 3 to 5 months to build defences ahead of attackers. He urged faster action before AI-based exploits become routine. Google said it blocked a large-scale AI-enabled exploit attempt this week, while firms including Anthropic and OpenAI announced related security efforts.
Industry
Why Apple can benefit even as memory prices surge: long-term contracts, bulk procurement
A surge in memory prices could squeeze Apple’s profitability, but an analysis said it may ultimately strengthen Apple’s advantage over competitors. Asymco analyst Horace Dediu said much of the spike is in urgent, short-term purchases, while Apple relies more on long-term contracts and large-scale procurement. He said suppliers may be less able to take a hard line with big, long-term buyers. Smaller smartphone makers may face higher costs and supply risk.
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AI & Enterprise
Tiny open-source dashboard shows Claude Code token use in real time as ClaudeMeter debuts
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Industry
Volkswagen delays electric Golf launch to after 2028
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Crypto
Silver breaks above $89 but warns of near-term pullback to $79
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Crypto
Bank of England reconsiders reserve rules for pound stablecoins
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Crypto
Progress on U.S. CLARITY Act but 60 votes in full Senate uncertain
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Crypto
Coinbase to handle Hyperliquid USDC reserves, acquires USDH brand assets
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Games & Commerce
Krafton's Subnautica 2 tops 1 million copies sold on early access launch day
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Industry
KB Kookmin Bank to run heatwave shelters through Sept, open branches nationwide
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Games & Commerce
Kakao expands KakaoTalk chat bubble reactions to 114 in regular update
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Industry
Schneider Electric Korea joins government smart factory program
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Crypto
Bitwise lists BHYP spot HYPE ETF on NYSE, reflecting staking rewards
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Industry
Honda posts over $9 billion loss on EVs, drops 2040 full electrification goal
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Crypto
U.S. Senate committee clears CLARITY bill; XRP, Solana and Hyperliquid seen as potential beneficiaries
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Mobility
Xpeng in talks to acquire Volkswagen Europe plant as exports jump 62 percent
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Industry
Toyota unveils license-free single-seater electric mobility Land Hopper