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AI & Enterprise
Salesforce to buy AI marketing firm Braze for $5.66 billion
Salesforce will acquire AI-based marketing platform company Braze for about $5.66 billion, CNBC reported on Oct. 20. Salesforce plans to complete the deal within fiscal 2028 after shareholder and regulatory approvals. Following the acquisition news, trading in Braze shares was briefly halted before the market opened. The stock then surged more than 51 percent to close at $45.57, CNBC reported.
Crypto
Bitcoin stalls at $83,000 sell wall despite tech-led stock rebound
Bitcoin failed to follow the rebound in U.S. and Asian equities and slipped below $82,000 after running into sell orders around $83,000. It rose to $83,062 intraday before falling to as low as $81,678 and showed decoupling from stocks. QCP Capital said further gains need bond-market stability, warning $80,000 support could be threatened if equity deleveraging spreads to crypto.
Crypto
Why Ripple did not put XRP front and center: former CTO on early strategy
Ripple adopted a strategy of not revealing to customers that it was using XRP as it expanded payment services for financial institutions, according to former chief technology officer David Schwartz. Speaking at EverNoss' Nasdaq listing event, Schwartz said Ripple focused on making payments feel natural, with blockchain infrastructure operating in the background. He said attitudes have shifted, with broader interest in blockchain deployment, and cited Coinbase's listing and EverNoss' Nasdaq debut as part of the trend linking crypto and traditional finance.
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Finance
Korea Value-up index put to test by stock slump, effectiveness of shareholder returns key
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Mobility
Novus raises new funding, eyes U.S. launch in 2027 with hollow-frame electric bike
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Crypto
XRP flashes first buy signal since September, rebounds to $1.31
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Telecommunications & Media
Shinsegae joins CJ, Dowkium consortium to buy JoongAng Ilbo
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Finance
Shinhan Bank steps up response to generative AI search, launches open financial information platform
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AI & Enterprise
[Tech Insight] "Enterprise AI agents do not need the latest models"
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People & Moves
Ha Jung-woo inspects 30 trillion won Donghae AI data centre site
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Crypto
Korea Fintech Industry Association discusses digital finance cooperation with Bank of England
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Finance
KOSPI slumps 3.73% on foreign and institutional selling, Kosdaq falls below 800
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Finance
Kakao denies block deal and affiliate sale rumours, seeks to ease minority shareholder concerns
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Crypto
France moves to tax some crypto-to-stablecoin exchanges, weighs 2027 start
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Games & Commerce
Apple to develop iPhone and iPad as gaming platforms, App Store chief outlines strategy
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AI & Enterprise
Using AI at work can increase workload as staff spend time reviewing and editing, survey finds
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AI & Enterprise
BCG AI Maturity Matrix 2026 puts South Korea in top AI pioneers group
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AI & Enterprise
Sspintechnology registers Azure MSP with digital service support system