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Telecommunications & Media

CJ ENM to set up joint venture with Japan's TBS, U-NEXT HD to target global content market

CJ ENM said on Thursday it will set up a joint venture, StudioMonowa, with Japan's TBS and U-NEXT Holdings to target the global content market. It plans to build a content value chain spanning planning and development, production, distribution and IP expansion. The venture aims to secure sustainable revenue through an LTV-based structure, including original IP discovery and investment, drama production, global distribution and secondary works.

Telecommunications & Media

SKT revamps T Factory Seongsu, to showcase data centre exhibition

SK Telecom said on Thursday it has revamped its T Factory Seongsu brand experience space and will introduce a new exhibition, the "Data Center Series". The renovated venue includes a new cafe-style "T Factory Lounge" offering one free drink to SKT customers and one companion. The space will also provide free baggage storage and hands-on content such as photo booths, phone strap making and charging services.

Crypto

Solana bottom signal emerges, but Fidelity says downside risks remain

Solana has fallen about 71 percent from its 2025 all-time high and has entered an on-chain zone that previously coincided with sharp rebounds, Fidelity Digital Assets said. It reported Solana’s net unrealised profit and loss fell to -0.67, a level associated with strong historical returns, but cautioned it is too early to call a bottom. Fidelity said the data set is small and correlations between NUPL and future returns are weak, even as network activity and stablecoin transfers increased.