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Crypto
Ethereum tests $1,950 for first time in seven weeks; what could drive a rebound to $2,100?
Ethereum tested the $1,950 level for the first time in seven weeks, extending a short-term rebound. The move triggered $62 million in liquidations of leveraged short positions, Cointelegraph reported. Ethereum rose 29 percent from its June 26 low of $1,500 as risk appetite improved across crypto markets. Still, on-chain demand, network revenue and volumes remain weak, while funding rates have not held neutral levels consistently.
Industry
South Korea launches megaprojects spanning Samsung, SK fabs, AI robots and data centres
South Korea will foster semiconductors, physical AI and AI data centres as national growth engines based on large private-sector investment by companies including Samsung Electronics and SK. President Lee Jae-myung chaired a public briefing on three megaprojects and said he would directly oversee execution. Plans include accelerating chip plant construction, building regional production hubs, developing humanoid robots and foundation models, expanding AI data-centre capacity, and launching a manufacturing AI strategy with joint public-private investment.
AI & Enterprise
Amazon opens logistics infrastructure to outside companies, launches Amazon Supply Chain Services
Amazon launched Amazon Supply Chain Services, selling logistics infrastructure it has built over decades to outside companies, it said on Sunday. The company is opening its logistics network not only to sellers on Amazon but also to companies across industries including healthcare, automotive, manufacturing and retail. The service offers end-to-end logistics through a single network, spanning ocean, air, road and rail freight, warehousing and delivery, and parcel delivery.
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AI & Enterprise
Big Tech AI super-agent race heats up as AWS joins with Amazon Quick
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AI & Enterprise
Commvault reviews sale options after receiving bids
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Telecommunications & Media
LG Uplus revamps Sharing Mileage to expand employee social contribution
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Crypto
U.S. Labor Department mulls 401(k) rule changes as XRP sees surprise net inflows
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Games & Commerce
Aseong Daiso to run Trend Korea 2026 planning exhibition