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Finance

Mirae Asset Securities posts 405.6 billion won Q3 net loss, to cancel 65 million treasury shares

Mirae Asset Securities said on Nov. 12 it posted a consolidated pretax loss of 520.6 billion won and a net loss of 405.6 billion won for the third quarter, reflecting valuation losses on investment assets amid slower market trading. It plans to cancel 65 million treasury shares after next year’s annual general meeting. The company also announced a new shareholder return policy for 2027 to 2029 and said it will maintain its existing policy of returning at least 35 percent of adjusted consolidated net income.

Industry

POSCO Future M to push AI transition, signs platform deal with Palantir

POSCO Future M will introduce U.S. firm Palantir\'s data platform as part of efforts to shift work across the company to an AI-centred model. It signed a contract to adopt Palantir\'s data operations and analytics platforms, Foundry and the AI Platform (AIP). The company plans to apply the tools first in sales and marketing to improve customer response and collaboration. It set targets to lift customer response capability by more than 60 percent, raise manufacturing productivity by 30 percent and halve product development time.

AI & Enterprise

AI wearables that listen and summarise conversations spread, privacy concerns resurface

AI wearable devices that listen to daily conversations and produce summaries are spreading, reviving disputes in the United States over privacy and illegal interception. Critics say analysing spoken content itself could violate some state laws even if no audio file is stored. Amazon has unveiled Bee Frontier and Bee Eclipse, while Apple plans new Apple Watch features. Lawyers say continuous listening and written summaries may still be classed as interception without consent.