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AI & Enterprise
US backlash against AI and data centres adds pressure on OpenAI, Anthropic IPO plans
Growing hostility in the United States toward artificial intelligence and data centres is adding pressure on OpenAI and Anthropic as they pursue listings, and on Amazon, Google, Microsoft and Meta as they expand infrastructure. Polls show voters increasingly see AI risks outweighing benefits. Opposition has intensified around data centres over power demand and local politics, with projects blocked or delayed by resistance and lawsuits. The mood could also affect IPO demand.
Crypto
Bitcoin rises above $72,000 on U.S.-Iran ceasefire progress; oil gives up gains
Bitcoin rose above $72,000 intraday as ceasefire talks between the United States and Iran made progress. It was up about 1.3 percent after Israel said it would quickly begin talks with Lebanon, trading around $71,700. U.S. stocks reversed early losses and the Nasdaq turned higher. WTI crude neared $103 a barrel before sliding to $98.60 as expectations of easing Middle East risk weighed on oil and revived risk appetite.
Telecommunications & Media
KT affiliates speed up executive shuffles ahead of Park Yoon-young era
KT is drawing attention for a rapid round of affiliate leadership changes ahead of the expected appointment of CEO nominee Park Yoon-young at a March 31 shareholders meeting. Key units are naming new heads, including KT Skylife, KT Alpha and BC Card, while other affiliates prepare board agendas. The moves are raising questions about KT’s future management direction and possible shifts in business strategy and internal restructuring.
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Mobility
Tesla FSD draws criticism after crash into railroad crossing barrier
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Crypto
Crypto.com CEO Kris Marszalek launches personal AI agent creation service
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Finance
Stablecoin payments stir in South Korea as finance sector pushes AI-led transformation
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Crypto
BC Card partners with Coinbase to bring USDC payments to South Korea