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AI & Enterprise
TSMC to buy all power from Taiwan Hai Long offshore wind project for 30 years
TSMC has agreed to buy all electricity generated by the Hai Long offshore wind project in the Taiwan Strait for 30 years, as AI chip demand drives rapid growth in power use. The agreement covers 100 percent of output from three offshore wind farms off Taiwan’s west coast, with capacity exceeding 1 gigawatt. The project is set for full operations in 2027. The move comes as Taiwan weighs energy security risks and accelerates renewables development.
Crypto
Bitwise says stablecoins could become a $4 trillion market by 2030 backed by big tech
Bitwise Chief Investment Officer Matt Hougan said pilots by big tech could expand the stablecoin market to $4 trillion by 2030, as firms test stablecoin-based payouts. DoorDash is working with Stripe to pay 10 million couriers in more than 40 countries, while Meta is running a similar program for creators in the Philippines and Colombia using Solana and Polygon. Stablecoin supply has topped $302 billion, led by USDT and USDC.
Industry
Juiced Bikes launches two 1,700W e-bikes and cuts prices
E-bike brand Juiced Bikes is returning to the market with two new models, the Scrambler Hardtail and Scrambler Full Suspension, its first releases since being acquired by Lectric eBikes. Both use a 750W rear hub motor paired with a 30A controller for more than 1,700W peak output and a top speed of 28 mph. Juiced also added parental speed controls, upgraded brakes and offers a 3-year warranty.
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AI & Enterprise
Enhance has 3 papers accepted at ICML, ACL and ICPR
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Games & Commerce
NCSoft's 'TL' to launch in 11 countries including Russia and Eastern Europe on May 19
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Telecommunications & Media
LG Uplus to cut mobile bills for seniors with basic calls and texts
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AI & Enterprise
SKT expands A. 'Subscription Calendar' service with Hana Securities, CU cooperation
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Finance
Hecto Financial sets quarterly record, first standalone operating profit above 10 billion won
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Telecommunications & Media
LG Uplus posts Q1 operating profit of 272.3 billion won as AI data centres and mobile boost results
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Industry
SK launches Impact Booster to help social ventures scale up
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AI & Enterprise
Kakao posts record first-quarter results, pledges KakaoTalk shift to agentic AI platform
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Industry
Water opens 350 kW ultra-fast chargers to Tesla vehicles
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Crypto
Vitalik Buterin points to oracles as biggest security weakness in prediction markets
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Fintech
Mirae Asset Securities' ISA client assets top 15 trillion won, up 5 trillion in three months
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AI & Enterprise
xAI integrates into SpaceX AI division SpaceXAI, accelerating space data centre plan
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Crypto
21Shares lists STRC ETN on London Stock Exchange linked to Strategy preferred shares
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Crypto
Morgan Stanley starts crypto trading on E*Trade, sets 0.5 percent fee
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Crypto
Ripple CEO says he is not an XRP maximalist and wants bitcoin to succeed