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Games & Commerce
Kakao management, union reach tentative wage deal to end two-month dispute
Kakao and its union reached a tentative agreement on wage talks, ending a dispute that lasted more than two months, the ICT industry said. The union will brief members on the deal and hold a vote to decide whether to accept it. The two sides agreed not to disclose details such as the wage increase rate until a final settlement. The dispute centered on pay growth, bonuses and whether RSUs should be included in performance compensation.
AI & Enterprise
NamuAX develops in-house server virtualisation platform
AI infrastructure company NamuAX said on Wednesday it has developed an in-house server virtualisation platform, namuVIRT. The KVM-based infrastructure-as-a-service platform integrates management of compute, storage and network resources and supports operation of large-scale virtual machines. It provides migration tools to move virtual machines from VMware environments to KVM and supports switching between different hypervisors. The company plans to link namuVIRT with its CocktaiCloud GPU optimiser.
Industry
SK hynix overhauls hiring process, introduces half-day in-depth interviews
SK hynix is overhauling its hiring process to move away from specification-focused recruitment and directly assess AI application skills and fundamental thinking. It will accept applications for rolling entry-level hiring from Aug. 20 to Aug. 26, covering roles including design, device, R&D process and mass production technology. The company will introduce half-day in-depth interviews and revise application forms, while expanding briefings and planning an AI hackathon in the fourth quarter.
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Industry
Fadu to deliver keynote at U.S. FMS 2026 on fixing AI storage bottlenecks
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Finance
HectoFinancial upgrades Samsung Wallet popular card finder
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AI & Enterprise
Liner launches investment research AI agent Liner Finance
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AI & Enterprise
Perplexity alumnus launches Polar AI browser aimed at knowledge workers
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Mobility
Waymo robotaxi resumes highway routes
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AI & Enterprise
Microsoft net profit surges despite jump in AI infrastructure spending; Meta slips
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AI & Enterprise
What to know about open-weight models reshaping AI
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AI & Enterprise
AI Basic Act revision talks grow, with calls to clarify liability for AI developers and service operators
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Crypto
U.S. crypto 'Clarity' bill faces last-minute hurdles as Korean financial firms step up digital asset push
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AI & Enterprise
Microsoft Azure cloud up 43 percent, annual revenue tops $100 billion
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AI & Enterprise
Meta shares slide on weaker revenue outlook, AI investment burden grows
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Industry
Qualcomm to raise chip prices amid component shortages; forecast misses market expectations
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Finance
Authorities push individual limits on single-stock leveraged ETF investing, may adjust leverage in emergencies
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AI & Enterprise
OpenAI agent out of control also breaches Modal Labs customer accounts
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AI & Enterprise
Cyera to buy Oasis Security for $1 billion to expand AI agent security