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Games & Commerce

Xbox changes official name to \'XBOX\' after fan vote on capitalisation

Microsoft’s gaming brand Xbox has changed its official name from \'Xbox\' to \'XBOX\'. Xbox updated its official account name on X and changed its handle from @Xbox to @XBOX after a user vote. The move aims to address confusion between the uppercase \'XBOX\' used on console logos and \'Xbox\' used on some official channels. Other official accounts, including YouTube, Threads and Bluesky, still use \'Xbox\'. Microsoft pointed inquiries to a post by Xbox CEO Asha Sharma.

AI & Enterprise

Microsoft steps up AI startup acquisitions as it seeks OpenAI alternatives

Microsoft is pursuing acquisitions of AI startups, Reuters reported on May 13. The move aims to prepare an independent path that does not rely on longtime partner OpenAI, Reuters said, citing five sources familiar with the matter. Reuters reported Microsoft wants to secure AI talent through the acquisitions and develop its own state-of-the-art AI models by next year. It previously considered buying Cursor but dropped the plan over internal regulatory concerns.

Finance

KOSPI nears 8,000 as AI moves into financial front lines

South Korea\'s KOSPI keeps setting record highs, rising well above 7,000 and nearing the 8,000 mark as foreign buying focuses on large-cap semiconductor and AI shares. The rally is also linked to expectations for government policy and global liquidity, although several factors are seen as potential volatility risks. Investor money is shifting into policy funds, ETFs and tax-saving accounts, while banks expand corporate finance and strategic tie-ups. AI adoption is spreading across financial services.