All articles List
Finance
Toss Bank posts second straight annual profit as internal control risks come into focus
Toss Bank posted a second straight annual profit in 2025, with net profit rising to 96.8 billion won as lending and deposits increased. Deposits climbed above 30 trillion won for the first time and the loan portfolio diversified, including more guaranteed loans. But an incident involving a cut-rate yen exchange has highlighted internal control risks, with an expected loss of about 1.25 billion won. Financial authorities have flagged system stability and internal controls.
AI & Enterprise
OpenAI sells $3 billion in shares to retail investors, seeks ETF inclusion
OpenAI sold about $3 billion worth of shares to retail investors through a recent private placement aimed at clients of three large banks, Axios reported. The company also said its shares would soon be included in several exchange-traded funds run by ARK Invest, led by Cathie Wood. CFO Sarah Friar said OpenAI is considering access to economic benefits created by AI as well as access to technology.
Telecommunications & Media
KT launches Park Yun-young leadership, pledges slimmer organization and AI B2B push
KT has named longtime insider Park Yun-young as CEO, approving his appointment at a shareholder meeting. The company is moving quickly on executive reshuffles and organisational streamlining, including a broader regional structure and simplified reporting lines. KT also plans to bolster AI-based B2B business through a new AX division and integrate its media unit into the customer division. It is also focusing on recovery from last year’s unauthorised micropayment incident.
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AI & Enterprise
Anthropic accidentally leaks Claude Code source code, revealing core technology
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AI & Enterprise
Oracle to cut thousands of jobs as AI investment expands
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Crypto
Bitcoin unlikely to set new record high in 2026; odds of returning to $120,000 at 15 percent
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Crypto
Bitcoin seen at $1.9 million by 2045; AI models split on XRP outlook
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Crypto
XRP has 3 positive factors not yet priced in; XRP and RLUSD complement, not compete
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Crypto
KB Kookmin Card to build hybrid stablecoin payment model with Avalanche
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AI & Enterprise
MegazoneCloud launches enterprise AI OS AIR Studio V2
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AI & Enterprise
Hancom InSpace completes first contact with hyperspectral satellite Sejong 3
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AI & Enterprise
Douzone Bizon, EY Hanyoung partner on AX cooperation
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Telecommunications & Media
Lee Jae-myung approves four broadcast media telecommunications commission members, completing six-member lineup
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Telecommunications & Media
Apple's history of what it ditched and changed
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Games & Commerce
Nexon says no layoffs, 2027 target adjustment is a timeline issue
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Games & Commerce
Nexon CEO Lee Jung-heon aims to build lifelong relationships with players
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Games & Commerce
Soderlund says 2027 target hard to meet as Nexon resets costs and portfolio
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Finance
Welcome Savings Bank launches co-CEO system with Park Jong-sung and Son Dae-hee, two-track AI shift and IB strengthening