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AI & Enterprise
Bae Kyung-hoon says he will drive more U.S. big tech investment in South Korea
Deputy Prime Minister and Science and ICT Minister Bae Kyung-hoon (배경훈) said he will seek to expand investment in South Korea by overseas big tech firms ahead of a trip to Silicon Valley. He said the purpose of the visit is cooperation in which big tech strengthens investment in Korea. Bae leaves for San Francisco on July 23 to discuss AI industry cooperation, including AI market growth, AI data centres and semiconductors.
Mobility
Colorado makes automakers responsible for EV waste batteries, bans landfilling from 2029
Colorado will put responsibility for collecting and processing waste electric vehicle batteries on automakers, aiming to institutionalise a recycling system as EV adoption increases. Under the SB26-003 bill signed in June, manufacturers must retrieve batteries that have reached the end of their life or are no longer used by owners and manage collection, reuse, recycling and disposal. The state will also phase out landfilling, banning landfills from accepting EV batteries from July 2029.
AI & Enterprise
Jim Cramer says do nothing during earnings season, hold good companies to the end
Jim Cramer urged investors not to be swayed by short-term volatility as the U.S. earnings season gathers pace. He said investors should keep their hands still, watch the signals the market sends and focus on holding good companies for the long term. Cramer said recent moves have been hard to predict, citing GE Vernova’s plunge after earnings and Nvidia’s rebound, as well as utilities rising even as Treasury yields climbed.
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Mobility
Segway teases road-legal next-generation Xyber platform, two new e-bikes
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Telecommunications & Media
Robot Taekwon V to mark 50th anniversary with commemorative stamps
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Finance
Lee orders financial watchdog to check loan loophole despite curbs on expensive home borrowing
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Telecommunications & Media
Government, three mobile carriers join to expand AI network investment and strengthen livelihood support
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Finance
KakaoPay Securities CEO says it aims to reach 20 million investors within three years
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Crypto
Toss, Toss Bank review stablecoin payment infrastructure with Circle
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Industry
U.S. used electric vehicle prices rise, holders gain and buyers face higher costs
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Industry
EU conditionally approves Paramount takeover of Warner Bros Discovery; U.S. lawsuit remains final hurdle
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Crypto
S&P, Pantera launch crypto index focused on real-world use, including ETH and BNB among 18 assets
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Industry
Hyundai Motor design patent for 'Boulder' off-road SUV revealed in India
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Crypto
Circle ahead of Coinbase renegotiation; Japan's Mizuho Securities warns on USDC profit model
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Crypto
Most new coins since 2024 fail to hold even TGE price, data show
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Crypto
Franklin Templeton says stocks alone not enough in AI era, altcoins needed
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Crypto
Calls grow to build trust infrastructure for corporate access to digital assets
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Industry
AMD, Anthropic team up to build gigawatt-scale AI infrastructure