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Telecommunications & Media

Broadcast Media Telecommunications Commission warns of exaggerated ads for Galaxy Z8 preorders

South Korea\'s Broadcast Media Telecommunications Commission urged consumers to beware exaggerated advertising by phone retailers ahead of Samsung Electronics\' Galaxy Z8 series preorders. The commission said some outlets lure customers with high subsidies and gifts that may not be provided during activation. It advised checking the seller and ensuring benefits are written into contracts. Users can report 피해 such as unpaid subsidies via the Korea Consumer Union of Platform’s user-participation reporting system.

Crypto

Strategy says it can cover interest and dividends even if bitcoin falls for six straight years

Strategy said it can meet its financial obligations under its current capital structure even if bitcoin prices fall for an extended period. It said an internal scenario showed it could fully pay interest costs and preferred share dividends even if bitcoin declines 11.4 percent annually for 5.8 years. The company is also reshaping its financing structure, revamping metrics and joining the Bitcoin Security Consortium backed by $15 million in pledged funding.

Industry

Samsung Electronics begins preorders for Galaxy Z8 and Watch Ultra2, Watch9

Samsung Electronics will begin preorders for its eighth-generation foldable smartphones and new smartwatches. The company said preorders for the Galaxy Z Fold8 Ultra, Galaxy Z Fold8, Galaxy Z Flip8, Galaxy Watch Ultra2 and Galaxy Watch9 will run from July 28 to Aug. 3 at Samsung stores, Samsung.com and mobile carrier outlets. Official domestic release is Aug. 7, with early buyers able to receive and activate devices from Aug. 4.