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Telecommunications & Media

Tving swings to profit in Q2 on 40 percent revenue growth

CJ ENM’s online video service Tving returned to profit in the second quarter. Revenue rose 40 percent from a year earlier to 140.7 billion won, while operating results swung to a 6.0 billion won profit from a 24.0 billion won loss. CJ ENM cited gains from the KBO season and hit original content that lifted subscribers and monthly active users. It expects weaker third-quarter results due to seasonal advertising factors and higher content costs.

Telecommunications & Media

FTC orders mobile carriers to fix unfair terms limiting liability for personal data leaks

South Korea’s Fair Trade Commission said on Aug. 6 it asked SK Telecom, KT and LG Uplus to voluntarily correct four types of unfair clauses in their telecom service terms. The FTC said it found common exemptions that limited carriers’ liability for personal data breaches, including in unencrypted Wi-Fi sections. It also cited clauses limiting compensation for service disruptions, as well as separate issues in LG Uplus and KT terms related to account credentials and implied consent.

AI & Enterprise

Miso Information Technology upgrades ACTIC to support full lifecycle of no-code AI agent development and operations

Miso Information Technology said on Wednesday it has upgraded its enterprise AI agent platform ACTIC to integrate the full process from development to deployment, security, quality management and operations. The company said the upgrade implements a new concept of an enterprise AI operating system. ACTIC manages the lifecycle from planning to evaluation on a single platform and offers no-code visual workflows and templates. It also provides RAG-based knowledge management linked to ViiX AI OCR.