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Crypto
Dunamu, Naver seek Naver Financial IPO after share swap, listing within up to 7 years
Dunamu disclosed plans to pursue an initial public offering of Naver Financial and a structure for Naver to maintain control after a share swap. A corrected filing said Naver, Dunamu and related parties signed a shareholder agreement on the date of the share-swap contract. The parties agreed to make best efforts to list Naver Financial and to set up an IPO committee within 1 year after the swap. If no listing occurs within 5 years, the period can be extended by up to 2 years.
AI & Enterprise
Cloudflare unveils security network mesh for AI agents, aiming to move beyond VPN limits
Cloudflare has launched Cloudflare Mesh, a private networking service that integrates multicloud environments into a single security network, The New Stack reported. The service connects internal resources such as servers, databases and development tools to external systems without opening firewall ports, while encrypting all connection points to avoid exposing infrastructure on the public internet. Cloudflare said existing VPNs and manual tunnels are slow and risky for AI agent access needs.
AI & Enterprise
South Korea overhauls ICT R&D program manager system, expands AI roles
South Korea's Ministry of Science and ICT said on Tuesday it has overhauled its private expert program manager system for ICT research and development to focus on artificial intelligence, as it seeks to become one of the world's top three AI powers. The ministry expanded the AI PM role into four areas and added new PM posts for regional AX and manufacturing AX. It also said it will appoint six new PMs with field expertise.
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People & Appointments
Park In-gyu chairs 14th national strategic technology committee meeting
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Finance
KOSPI closes above 6,000 for first time in 32 sessions; KOSDAQ up nearly 3 percent
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AI & Enterprise
Meta to roll out 2-nm MTIA AI chip at scale with Broadcom
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Crypto
Bitwise says bitcoin needs repricing; $1 million is only a baseline
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Telecommunications & Media
Samsung raises Galaxy phone and tablet prices in U.S. amid memory shortage impact
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Finance
Shinhan Bank expands 'Bank-in Platform' cooperation with Douzone Bizon
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People & Appointments
Samsung Securities named member of S&P Global Sustainability Yearbook
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People
KB Kookmin Bank expands support for self-reliance youth
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Finance
Shin Hyun-song, Bank of Korea governor nominee, apologises over personal issues, sets out stance on monetary policy and stablecoins
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AI & Enterprise
Fasoo AI declares shift to AX solutions, steps up push into U.S. market
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AI & Enterprise
Commvault reviews sale options after receiving bids
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AI & Enterprise
Nvidia denies rumours of buying major PC makers like Dell and HP
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Games & Commerce
Kakao boosts cooperation with Supreme Prosecutors' Office to prevent voice phishing, supports 'Jjin Center' operations
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AI & Enterprise
South Korea government holds emergency meeting with cybersecurity firms after 'Mythos' shock
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AI & Enterprise
Office for Government Policy Coordination, NIPA sign strategic partnership for AI transition