Search results for December
Industry
Elon Musk\'s trillionaire status ends as SpaceX slumps, halving net worth
Elon Musk’s estimated net worth topped $1.3 trillion soon after SpaceX’s listing, but fell within weeks to $725 billion as the stock slid. The drop reflected shrinking valuation gains on his SpaceX stake rather than a cash loss. SpaceX shares surged after pricing at $135, then fell to around $113 in late July. Tesla shares also weakened after results missed expectations.
AI & Enterprise
South Korea launches pilot ZEUS AI service for research equipment search and booking
South Korea\'s Ministry of Science and ICT will begin a pilot of the ZEUS AI search service from July 27, it said. ZEUS integrates and manages information on research facilities and equipment built with national R&D budgets and supports shared use across government. The new service lets researchers chat with AI to find and book equipment. It recommends suitable equipment based on research purpose, location and availability. The pilot runs on KT\'s private cloud.
Crypto
XRP echoes 2017 pattern ahead of 66,000 percent surge, with $0.82 support in focus
An analysis said XRP is again showing a symmetrical triangle pattern similar to the one seen ahead of its 2017 to 2018 surge. The key question is whether the current decline signals a breakdown of the long-term bullish structure or a typical pullback after a breakout. XRP previously rallied more than 66,000 percent after breaking above resistance in 2017. Market attention is now on the $0.70 to $0.83 zone, especially $0.82.
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Industry
Musk says Tesla to open-source Model S and X; doubts raised on scope after Roadster precedent
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Crypto
Shiba Inu whale buys 30.18 billion SHIB on Binance
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Crypto
Aztec releases v5 alpha, says fully private transaction proofs possible on mobile phones
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Crypto
Payward partners with GTN to expand tokenised stock service xStock globally
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Crypto
Wise to reapply for federal trust bank charter under Genius Act framework
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Crypto
BitGo, OTC Markets seek to give broker-dealers access to tokenised securities trading
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Finance
Four major financial groups\' net profit tops 11 trillion won, competition shifts from banks to capital markets
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Crypto
Odos Protocol to shut down as more crypto platforms close
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Games & Commerce
Naver-Dunamu merger hurdle eases as committee recommends amending enforcement decree
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Finance
Woori Financial first-half net profit 1.61 trillion won, non-bank contribution rises to 22.3%
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Telecommunications & Media
KT M Mobile\'s Mobi wins Red Dot award for eSIM convenience
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AI & Enterprise
EU keeps GDPR adequacy decision for South Korea
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Crypto
Grayscale says bitcoin may have bottomed earlier than four-year cycle
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Games & Commerce
Nexon launches subculture RPG Hegan: Erusil in South Korea
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Finance
Shinhan Financial first-half net profit rises 13.3 percent on strong brokerage