All articles List
Games & Commerce
Kakao bonus pay dispute drags on as union sticks to June 29 'Logout Day'
Kakao's union will proceed as planned with a June 29 "Logout Day," saying talks with management over the performance bonus compensation system have not reached a level where agreement is possible. Members will stop work for a full day using leave and log out of internal systems. The action covers five affiliates including Kakao and Kakao Pay. The union seeks a 10 million won bonus, while management says it is hard to accept.
AI & Enterprise
Cost-effectiveness becomes a competitive edge as AI cost-cutting techniques evolve
Companies are stepping up efforts to use AI more cost-effectively as usage grows and expenses weigh. Some are cutting AI costs by mixing cheaper models with high-performance systems from OpenAI and Anthropic, or by using routing software that selects models automatically. Others set limits on employee usage or restrict access to expensive models. Firms are also refining prompts to reduce “thinking” time. Open-source models, including Chinese ones, are gaining share.
Finance
July KOSPI direction hinges on Samsung Electronics and SK Hynix profit outlook
South Korean stocks are expected to digest last week’s sharp fall and gauge the direction of July trading. Markets fell heavily on June 26, with the KOSPI and Kosdaq down 5.8 percent and 4.1 percent, as positioning concentrated in Samsung Electronics and SK Hynix unwound. Analysts say fundamentals such as semiconductor exports and memory prices remain firm, but July will hinge on second-quarter results and earnings revisions amid high interest rates and volatility linked to single-stock leveraged ETFs.
-
Finance
Hana Financial to cooperate on financing support for urban advanced logistics complex development
-
AI & Enterprise
Microsoft adds finance skills, plans and external data links to Excel Copilot
-
AI & Enterprise
Microsoft CEO says all companies should build their own AI models
-
Crypto
Crypto stocks fall more than big tech, Coinbase down 69 percent and Circle down 72 percent from record highs
-
AI & Enterprise
Anthropic Fable5 access restrictions to be lifted soon as U.S. government talks advance
-
Crypto
Solana rebounds to $72 but signals downtrend; on-chain demand weak
-
Crypto
Legendary investor Jeremy Grantham says bitcoin will fade away
-
Crypto
Linux Foundation launches 'Acrithes' for coordinated open-source vulnerability patching
-
AI & Enterprise
AWS to raise prices 20 percent for AI cloud GPU reservation service
-
Crypto
Altura to liquidate stablecoin yield vault after withdrawal rush
-
Crypto
Blockchain data startup Allium raises $40 million
-
AI & Enterprise
U.S. Commerce Department allows limited access to Anthropic Mythos5, Fable5 still restricted
-
Crypto
OKX Europe CEO says 80 percent of unlicensed MiCA exchanges to exit after July 1
-
Crypto
Ubitt links with Brazil's Pix, giving 170 million users access to USDT
-
Crypto
Goldfinch decentralised credit protocol shifts to maintenance mode, halts development