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Telecommunications & Media

LG Uplus holds 30th annual general meeting, approves six agenda items

LG Uplus said on Monday it held its 30th annual general meeting at its Yongsan headquarters in Seoul and approved six agenda items as proposed. Shareholders approved the 2025 financial statements and set a year-end cash dividend of 410 won per common share, up 10 won, taking the annual dividend to 660 won. The meeting also approved charter changes, including adding data centre design, build and operation services.

AI & Enterprise

Meta steps up AI agent startup dealmaking, hires Dreamer team

Meta Platforms has effectively acquired AI agent startup Dreamer through a talent-hiring deal, with the purchase price not disclosed. Dreamer built a platform that lets users create their own AI agents. Dreamer’s team, including executive Hugo Barra, will join Meta Superintelligence Labs. Dreamer will remain an independent entity and Meta will get a non-exclusive license to its technology. Dreamer investors will receive more than their investment back.

Industry

Samsung and LG target European HVAC market with joint appearance at MCE 2026

Samsung Electronics and LG Electronics are appearing side by side at Europe’s largest heating, ventilation and air-conditioning exhibition in Milan to showcase residential and commercial solutions. Samsung is holding a joint display for the first time with FlaktGroup, acquired in November. LG unveiled its integrated heat pump total solution for Europe. Both companies highlighted R32 and R290 refrigerants, new indoor units and commercial systems, including products for data centres and large spaces.