Search results for May 15
Telecommunications & Media
LGU+ to cancel 5.4 million treasury shares, steps up value-up plan
LG Uplus will cancel about 5.4 million treasury shares it bought last year, accelerating its shareholder value “value-up plan.” The company disclosed on April 30 that it will cancel treasury shares with a book value of about 80 billion won on May 15. The cancellation covers all of the roughly 5.4 million shares it had repurchased since last year, equal to 1.26 percent of shares outstanding.
AI & Enterprise
Roo Code says IDE era is over, ends VS Code plugin and launches Roomote autonomous agent
Open-source AI coding tool Roo Code will end its VS Code extension, cloud and router services on May 15 and shift toward an autonomous agent that works outside an integrated development environment. It has unveiled a cloud-based coding agent, Roomote, that connects with tools such as Slack, GitHub and Linear to handle tasks end-to-end and generate pull requests and changes for developers to review. CEO Matt Rubens said agents could eliminate certain types of work.
AI & Enterprise
MSIT opens call for designation of excellent information security technologies
South Korea\'s Ministry of Science and ICT and the Korea Internet & Security Agency will accept applications until May 15 to designate excellent information security technologies, products and services, aiming to strengthen competitiveness and spur the market. The programme, launched in 2018, evaluates novelty, originality and commercialisation potential. Any venture company operating in information security can apply. Up to 12 companies will be designated based on the evaluation results.
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Telecommunications & Media
KT steps up everyday membership perks from food and drinks to daily necessities
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Crypto
Fed chair nominee Wash discloses over $100 million in assets, including crypto and AI investments
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People
KB Kookmin Bank recruits participants for global future-growth finance camp
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Finance
Banks, fintech brace for battle over refinancing for sole proprietors