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AI & Enterprise
Salesforce to buy AI marketing firm Braze for $5.66 billion
Salesforce will acquire AI-based marketing platform company Braze for about $5.66 billion, CNBC reported on Oct. 20. Salesforce plans to complete the deal within fiscal 2028 after shareholder and regulatory approvals. Following the acquisition news, trading in Braze shares was briefly halted before the market opened. The stock then surged more than 51 percent to close at $45.57, CNBC reported.
AI & Enterprise
Big Tech race to buy unicorn AI startups heats up
As Anthropic and OpenAI push toward large IPOs, competition among Big Tech firms to acquire leading AI companies is intensifying. U.S. venture deal value reached $515.8 billion through the third quarter of 2026, while exits remain sluggish, with only 18 IPOs in the quarter. Reports cited include Amazon in talks to buy AI software startup Decart for $7 billion and Nvidia pursuing deals including Hugging Face and ReflectionAI.
AI & Enterprise
Salesforce agrees to buy AI customer research startup Listen Labs
Salesforce said it has agreed to acquire AI customer research startup Listen Labs. Terms were not disclosed, but the acquisition price previously discussed was about $2 billion. The deal was confirmed three weeks after reports of talks. Salesforce plans to close the transaction after regulatory approval, within the fourth quarter of its 2027 fiscal year. Listen Labs develops AI agents that recruit participants, run interviews and analyze responses, including digital twin-based simulations.
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Crypto
U.S. Treasury warns financial sector after $12.7 billion in suspected crypto fraud transactions
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Finance
Kakao woos shareholders on spinoff, targets 1 trillion won AI revenue and 300 billion won buyback cancellation
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AI & Enterprise
Salesforce automates B2B sales prospecting to returns processing with AI agents
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Games & Commerce
Pearl Abyss unveils Crimson Desert DLC, launches Oct. 16
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AI & Enterprise
Software industry sees dispute risk as outcome-based pricing spreads
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Games & Commerce
KakaoX role shifts after spin-off as it seeks new growth engines
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AI & Enterprise
Salesforce expands zero-copy AI agent ecosystem with Google and Databricks links
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AI & Enterprise
SaaS end debate enters second round as AI-unadapted firms face crisis talk
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People
LG Electronics\' Choi Seok-ho and JM JECO\'s Choi Yoon-hwa named August Korea Engineer Award winners
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Games & Commerce
SOOP to expand production and live broadcasts of swimming events, schedule more than 20 this year
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AI & Enterprise
Cost-effectiveness becomes a competitive edge as AI cost-cutting techniques evolve
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Games & Commerce
SOOP to exclusively live stream 2026 CMAS World Finswimming Championships in South Korea
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AI & Enterprise
AI cost concerns surge as OpenAI, Anthropic step up South Korea push
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AI & Enterprise
Salesforce to buy AI customer agent startup Fin for $3.6 billion