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AI & Enterprise
SoftBank seeks $50 billion investment in Malaysia targeting AI and data centres
SoftBank Group is pursuing a plan to invest $50 billion in Malaysia, with the spending expected to focus on AI, new technology and data centres, Malaysia\'s Prime Minister Anwar Ibrahim said. He said SoftBank founder Masayoshi Son reviewed potential sites including Kuching in Sarawak and locations on the Malay Peninsula after a video meeting. SoftBank earlier signed an initial agreement with Grab and Petroleum Sarawak on AI and digital infrastructure.
Crypto
Doctor Profit sells XRP, says it is not time to buy altcoins
Crypto trader Doctor Profit has sold holdings in XRP and other altcoins, saying rising altcoin volume and heavy leverage have raised the risk of a near-term correction. He said altcoin spot volume has grown to about four times Bitcoin’s, and warned that leveraged trading could trigger forced liquidations if prices fall. He said he is short bitcoin from $86,200 with additional orders up to $89,500, targeting $79,000, while keeping long-term positions unchanged.
Finance
P2P lenders gain momentum as rules ease; financial CEO appointments gather pace
Korea\'s online investment-linked finance industry is accelerating mid-rate lending to mid-to-low credit borrowers and sole proprietors after regulatory improvements. The Financial Services Commission plans to raise self-funding investment limits and financial-company linked investment caps, and expand limits for general investors. Major financial institutions are also stepping up CEO selection processes, while regulators tighten oversight of bank asset quality, governance and internal controls. Payment and digital-asset businesses widen partnerships and services.
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Crypto
Kakao group expands digital asset ties with Grab, SCBX and others
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Telecommunications & Media
KT expands roaming data benefits, launches 40GB plan
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Crypto
Ripple impersonation sites surge; XRP stolen the moment wallet approval is given
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Telecommunications & Media
KT expands summer customer support to cut travel and mobile bills
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Telecommunications & Media
KT offers roaming, Grab promotion for Southeast Asia summer travelers
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AI & Enterprise
ChatGPT, Gemini Omni can make ad videos for about 1,500 won in computing costs
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Finance
Face payment gains traction as Naver Pay, Toss intensify infrastructure race
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Mobility
A2Z cumulative autonomous driving surpasses 1 million km, setting Korea record
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Games & Commerce
Delivery Hero pushes 8 trillion won sale of Woowa Brothers
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People & Corporate
SKT invites employees\' families for Children\'s Day event
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Games & Commerce
Naver, Krafton, Mirae Asset launch large technology investment push in India
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General News
Why does this well-written text look like AI? Sentence patterns to avoid
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Industry
Autonomous A2Z completes pre-IPO; total funding reaches 122.5 billion won
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Industry
Autonomous A2Z says autonomous driving revenue jumps 50 percent