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Telecommunications & Media
SK Broadband's B tv Hot Deals posts 6 billion won cumulative sales in 8 months
SK Broadband said on Tuesday its TV-based short-form commerce service, B tv Hot Deals, recorded cumulative sales of 6 billion won and 270,000 orders in eight months after its launch. The service, which airs on B tv channel 41, introduces discounted home shopping products in short videos of about a minute. SK Broadband said the channel averages 800,000 users a day and has expanded participating home shopping partners and listed items.
AI & Enterprise
IBM CEO says firms rethink security spending in AI era; U.S. cybersecurity stocks jump
U.S.-listed cybersecurity stocks rose broadly after IBM CEO Arvind Krishna said companies are reassessing security budgets as AI spreads and cyberattack risks grow. He said customers are shifting IT spending toward AI infrastructure such as servers and memory while rapidly raising their guard against security threats. Okta, Netskope and CrowdStrike rose about 10 percent, with several others up 7 to 8 percent. Krishna also said uncertainty is delaying some large contracts.
AI & Enterprise
Transformer shortage pushes lead times to up to 4 years as AI data centre, EV demand surges
Europe and North American power grids could see new power connections delayed for years due to shortages of power transformers, a key piece of equipment. Demand is rising as AI data centres, electric vehicles and industrial electrification expand. Lead times that were typically 6 to 12 months before 2020 now run 24 to 48 months, with large units taking more than 36 months. Prices are up 50 to 80 percent, while material, labour and testing constraints limit supply.
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Crypto
XRP bear market enters second year as whales buy 4 billion tokens
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Industry
Hecto Healthcare to launch Supertable 'Finland Wild Bilberry NFC 100' on Hyundai Home Shopping
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Crypto
XRP nears key Gartley zone as market watches $1 support
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AI & Enterprise
Google DeepMind CEO says AGI could arrive within years, calls for U.S. standards body
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Crypto
Lummis says full text of Clarity Act to be released within days, steps up push for August passage
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Crypto
Upbit volume rise limited despite 8 percent intraday KOSPI plunge
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AI & Enterprise
KT holds AX Tech Connect to share AI, data and network technology results
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Industry
LG HelloVision publishes sustainability report on AI-driven local co-prosperity
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AI & Enterprise
SK Telecom, SK Biopharm find early drug candidates for hard-to-treat cancer with AI
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Telecommunications & Media
KT applies AI to urban air mobility traffic control, unveils 5G aviation network technology
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AI & Enterprise
KT says end-to-end AX capabilities will support shift to smart defence and military service administration
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Crypto
XRP rally could stall at $2.22 sell wall
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Crypto
Bitcoin spot ETFs post $424.7 million net outflow, giving back last week's inflows
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Crypto
Ripple burns another 10 million RLUSD tokens, cuts supply and expands use cases
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Crypto
Fed chair says no bailouts for crypto firms, reaffirming market principles