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Finance
Woori Financial supplies 34.7 trillion won in productive, inclusive finance over a year, expands SME and regional share
Woori Financial Group supplied 34.7 trillion won in productive and inclusive finance over a year under its Future Shared Growth Project launched in September last year. It expanded funding to small and medium-sized firms and regional businesses, while increasing support for vulnerable groups through measures such as long-overdue debt write-offs. The group said it reviewed performance and next year’s plans at a financial council meeting chaired by Chairman Lim Jong-ryong.
Telecommunications & Media
Kim Jong-cheol joins G7 ministers meeting to discuss online protection for minors
South Korea's Broadcasting, Media and Communications Commission said its chairman, Kim Jong-cheol, attended a G7 digital and technology ministers meeting by video on Oct. 20 and discussed international cooperation to protect minors online. The meeting, proposed by France's minister for AI and digital affairs, included G7 members and five invited countries. France proposed a global science platform, research and database sharing.
AI & Enterprise
Naver Works tops mobile use among collaboration tools in South Korea for ninth straight month
Naver Cloud said on Tuesday that its AI work collaboration platform Naver Works ranked first for nine straight months among major collaboration tools in South Korea, based on key mobile indicators including user numbers and total time spent. MobileIndex data showed Naver Works led eight major domestic collaboration tools from January to September in monthly users, active devices and total usage time.
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Finance
JPMorgan Chase redesigns work for AI rollout, focuses on measurement and controls over speed
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Crypto
Kazakhstan steps up crackdown on unlicensed crypto platforms, targeting Coinbase too
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AI & Enterprise
Google former CEO Eric Schmidt held about 1 percent stake in Anthropic, report
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AI & Enterprise
HSBC CEO warns not all data centres benefit from AI boom
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Crypto
UMB discloses holdings in Franklin XRP ETF as financial firms add XRP spot ETFs
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Industry
China's Leapmotor starts B10 production in Spain, secures local manufacturing base in Europe
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Crypto
Ripple launches RLUSD trading on Turkiye custody platform Inveo Kripto
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Mobility
Boring Company unveils 'Liner Truck' using Model 3 drivetrain to haul containers in tunnels
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Finance
UK to push wider access to iPhone payment features to curb Apple Pay dominance
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Crypto
Bitcoin rebounds to $83,000 after U.S. stocks rally. Will big tech add support?
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Crypto
Ex-FTX COO slams Netflix FTX collapse drama, says she stopped watching after 30 seconds
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Games & Commerce
Olo launches app with in-store prices to challenge DoorDash, Uber Eats
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Crypto
82 crypto projects shut down this year, survival at risk amid bear market and funding crunch
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Crypto
Bitcoin holds $82,500, faces test of breaking out of range ahead of U.S. FOMC
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Crypto
Stablecoin transfers surge but market cap stays flat amid adoption gap