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Telecommunications & Media
Naver, Kakao, Google removed or blocked 141,000 illegal sexual exploitation posts last year
South Korea's Broadcasting and Media Communications Commission said domestic and foreign online service providers including Naver, Google and Kakao removed or blocked 140,996 cases of reported illegal filmed content last year out of 185,662 reports. Reports fell 17.7 percent from a year earlier and removals and blocks declined 22.2 percent. The commission said differences reflect duplicate reports and cases that were not illegal filmed content or had already been deleted.
Telecommunications & Media
Will phone activation face authentication land softly despite opt-out concerns?
South Korea’s science ministry is introducing face authentication in the mobile phone sign-up process from July 6 across major carriers and budget operators, while allowing users to choose alternative verification from the start. The ministry said the opt-out reflects recommendations from privacy and human rights bodies, but it plans to monitor dealers to prevent intentional bypassing. Critics question whether the policy can curb illicit phone lines if it is optional.
Crypto
Shiba Inu buying interest fades, raising downside risk; Dogecoin turns oversold and bitcoin battles $60,000
Shiba Inu's buying interest is weakening quickly, stoking fears of further losses as large amounts of SHIB move to centralized exchanges. U.Today said exchange deposits have risen sharply, raising worries that large investors may be preparing to sell, while technical signals remain bearish despite some improvement in on-chain activity. Dogecoin has slipped into oversold territory, lifting talk of a technical rebound. Bitcoin has fallen back toward $59,000 to $60,000, with $60,000 seen as key near-term support.
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Finance
Banks to apply step 2 stress DSR to non-capital mortgages in second half
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People
IBK Investment Securities appoints Choi Kwang-jin as new CEO
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AI & Enterprise
OpenAI activates war room after Codex credits drain faster than expected, resets limits for all users
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Crypto
UAE exchange MidChains CEO says sovereign wealth funds accumulating spot bitcoin
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Industry
LG Electronics sets up robotics business center to speed up robot business
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Industry
MSIT to boost bio CMC capabilities, push new project with MOTIE
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Games & Commerce
Smilegate unveils core growth system for new game 'Eclipse' ahead of July 23 showcase
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Games & Commerce
Nexon unveils new publishing brand, to roll out Higan: Eruthyll 2.0 version
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Finance
IBK Industrial Bank of Korea to provide 500 billion won in financing for AI transition firms
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Telecommunications & Media
Netflix says key to marketing K-content is giving the world something to talk about
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AI & Enterprise
Apple's everyday AI features could matter more than Siri
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Crypto
Tom Lee says crypto market in 'dark age,' warns fear selling is biggest mistake
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Crypto
Bitcoin born of 2008 financial crisis: what warning was embedded in the first block
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Telecommunications & Media
MSIT to launch AI platform for compound disaster response with MOIS and MOLIT
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AI & Enterprise
AI, software Maestro 17th class begins formal training