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Industry
Chinese TV brands target premium market as Samsung fights to hold top spot
Samsung Electronics, which has held the top spot in the global TV market for 22 years, is under growing pressure from China’s TCL. Counterpoint Research data showed Samsung’s shipment share slipped to 17 percent in November, while TCL lifted shipments 20 percent year on year. Samsung’s VD·DA revenue fell across three quarters and operating profit turned to a roughly 100 billion won loss in the third quarter. TCL is also moving into premium TVs via a Sony joint venture.
AI & Enterprise
Reality behind AI-driven crisis fears for software companies
Software shares are struggling even as AI becomes a key theme in equity markets, reflecting worries that AI could fundamentally reshape the software industry. Major companies including Salesforce, Adobe and ServiceNow have fallen at least 30 percent since early last year, and a smaller-software S&P index is down more than 20 percent. Investors remain focused on AI firms, while analysts debate whether risks to software companies are exaggerated or real.
Games & Commerce
Pearl Abyss breaks seven-year silence with Crimson Desert, test for K-game DNA innovation
Pearl Abyss' next title, Crimson Desert, has been confirmed as “gone gold” after seven years of development, with a global launch set for March 19. The company plans releases on PlayStation 5, Xbox Series X|S, Steam, Apple Mac and the Epic Games Store, and has taken pre-orders since September. Its shares have risen since the announcement. The industry views the game as a shift toward open-world console titles and in-house engine development.
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Crypto
Tether launches USAT stablecoin compliant with U.S. GENIUS Act
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Crypto
Animoca Brands Japan teams up with RootstockLabs to expand bitcoin DeFi for Japanese companies
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Crypto
Crypto payments startup Mesh raises $75 million, reaches unicorn status
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Crypto
UK finalises cryptocurrency regulation, setting it apart from U.S.
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Crypto
Circle launches privacy stablecoin USDCx on Aleo blockchain
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Crypto
Nomura-backed Laser Digital applies for U.S. trust bank charter
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Games & Commerce
Amazon overhauls offline retail strategy, closes Amazon Go and Amazon Fresh stores
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AI & Enterprise
Google unveils feature to switch from AI Overviews to AI Mode conversations
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AI & Enterprise
Pinterest cuts 15 percent of workforce to expand AI investment
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AI & Enterprise
OpenAI launches Prism AI workspace for scientists
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Mobility
Waymo robotaxi narrows price gap with Uber
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AI & Enterprise
Moonshot AI launches Kimi K2.5 model, boosting coding and visual data understanding
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AI & Enterprise
Google expands budget AI plans as AI Plus counters ChatGPT Go
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Crypto
Institutions say bitcoin still undervalued after 30 percent drop
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Crypto
XRP ends the moment you see it as speculation - a completely different path from bitcoin