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Crypto
Gen Z shows clear preference for ETFs over individual stocks, keeps distance from high-risk investments
Gen Z is rapidly increasing its share of exchange-traded fund (ETF) trading over individual stocks on Binance, while showing lower trading frequency and leverage use than other age groups, Binance Research found. As of early August, ETFs accounted for 25 percent of Gen Z’s stock-related trades. The ETF share of Gen Z stock funds rose from 18.5 percent in June to 21.9 percent in July, while individual stocks fell. The tokenised stock market also continued to grow.
Industry
Oura to enter South Korea with fifth-generation smart ring
Finnish smart ring maker Oura has officially entered the South Korean market with the Oura Ring 5, which it says is 40 percent smaller than its previous model. The company says it boosted LED output fourfold and expanded signal paths to maintain measurement quality, and offers more than 50 health metrics through its app. Oura plans to combine hardware sales with a monthly membership fee, with new features provided to subscribers.
AI & Enterprise
SKT's A.X K2 proves real-world competitiveness beyond technical capabilities
SK Telecom passed the second-stage evaluation of the government's project for an "independent AI foundation model," gaining recognition for its in-house AI technology. The Ministry of Science and ICT said the review combined benchmark, expert and user assessments, with greater weight on practical application and adoption. An expert panel rated A.X K2 highly for mathematical reasoning and Korean, its use in large commercial services, and its breadth of industry use cases.
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AI & Enterprise
Government pushes overhaul of Korean AI foundation model project support format
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Telecommunications & Media
MSIT launches public AI service competition under Everyone's AI Lab
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Industry
LG Electronics steps up robotics cooperation with Nvidia, aims to become total robotics solution provider
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Crypto
Bitcoin stalls as volume, volatility shrink; Grayscale says it resembles summer 2023 standstill
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Crypto
Cardano to pursue two-stage Dijkstra upgrade through 2027 to boost throughput and speed finality
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Telecommunications & Media
Apple A20 Pro chip seen lifting performance 18 percent, power efficiency 30 percent, targeting iPhone 18 Pro
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Industry
China develops AI missile system to identify F-22, F-35 stealth fighters, claims over 90 percent accuracy
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Crypto
XRP futures open interest surges, selling bias persists
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Telecommunications & Media
Apple Watch Ultra 4, Series 12 set for September debut with internal upgrades
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Crypto
Jane Street boosts Bitwise XRP spot ETF stake to over 1.2 million shares
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AI & Enterprise
Most-liked AI models differ from most-downloaded, with smaller models preferred in real-world use
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AI & Enterprise
OpenAI president dismisses executive departures as not unusual
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AI & Enterprise
Dassault Systemes releases first Impact Report, highlights virtual twin role in sustainability
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Telecommunications & Media
South Korea to consider 'legal hacking' to disable illegal spycam sites
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AI & Enterprise
LG AI Research says K-EXAONE passes second-stage evaluation of independent AI foundation model project