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Games & Commerce
Starbucks deploys mobile cafe to support heatwave-vulnerable groups
Starbucks has deployed a mobile coffee trailer to support vulnerable groups amid a continuing heatwave. Starbucks Korea said on Thursday it is carrying out community activities such as delivering iced drinks and cooling supplies. It donated 50 million won to the Korea Council on Social Welfare for heat-season support programmes. The company also visited welfare centres and workplaces in July, providing coffee and other items, and plans to expand a customer-participation campaign using the trailer.
Crypto
Strategy posts $8.22 billion net loss in Q2 on bitcoin weakness
Strategy posted a $8.22 billion net loss in the second quarter, hit by a drop in bitcoin prices. Most of the loss came from $8.32 billion in unrealised losses on its bitcoin holdings, Cointelegraph reported. The company sold about $218.4 million worth of bitcoin under a new monetisation programme to fund preferred stock dividends. It also said it built $3.75 billion in dollar reserves to cover dividends and interest for more than two years.
Telecommunications & Media
MVNO industry welcomes government support measures, pledges lower bills
South Korea\'s MVNO industry welcomed government measures to bolster MVNO competitiveness and said it would prepare more reasonably priced plans and push service innovation. The Korea MVNO Association said it welcomed the Ministry of Science and ICT\'s joint plan, calling it a chance to strengthen price competitiveness and secure new growth drivers. It highlighted cuts to wholesale rates for revenue-sharing plans and free data safety options, and voiced expectations for policies on unlocked mid-priced devices and improved eSIM use.
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Industry
Samsung Electronics steps up household rollout of electric heat pump boiler
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AI & Enterprise
PolyAI launches speech model that does not go through transcription, reflects intonation and emotions
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Games & Commerce
Nexon Korea donates 88 million won for treatment of children with burn injuries
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Finance
Samsung Electronics re-enters $1 trillion market cap club as KOSPI market value recovers to 5,000 trillion won
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Crypto
World Cup fuels prediction markets as $20 billion in bets pour in
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Crypto
U.S. Senate Democrats seek new anti-corruption agency targeting Trump; impact on Clarity Act in focus
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Crypto
Quantum Solutions sells 1,000 ETH, raises Ethereum disposal cap for AI infrastructure investment
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Crypto
JPMorgan says Clarity Act stall could be headwind for crypto market
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Crypto
XRP spot ETF cumulative net inflows hit record $1.5 billion, Bitwise leads
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Telecommunications & Media
Casio to launch ring-shaped digital watch with health tracking first in China
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Crypto
Bessent says Clarity Act cannot be delayed, urges immediate Senate vote
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Crypto
Shiba Inu use cases expand as Emirates adds crypto payments
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Crypto
IBM, University of Chicago complete verifiable quantum computation with 70 logical qubits
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Crypto
XRP open interest hits lowest since 2024 as investors cut leverage
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Crypto
Cardano figure floats case for ADA above $5, with big investors seen as key