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Finance
Securities CEOs head to Europe to seek investment opportunities in AI, digital finance and space industry
The Korea Financial Investment Association and a delegation of chief executives from 14 securities firms are visiting Germany and Luxembourg from Sept. 6 to 12 to seek investment opportunities and global cooperation in new growth sectors such as artificial intelligence, digital finance and the space industry. The group will attend IFA 2026 in Berlin and hold meetings in Luxembourg on financial cooperation, space industry commercialization and digital capital market infrastructure.
Telecommunications & Media
Rocket Lab to buy satellite communications company Iridium for $8 billion, challenge SpaceX
Rocket Lab has agreed to acquire satellite communications company Iridium Communications for $8 billion, the Wall Street Journal reported on June 29. The move aims to secure a satellite network and global spectrum assets to compete with SpaceX. Rocket Lab said it will combine its launch and satellite manufacturing capabilities with Iridium’s service reach and spectrum holdings, and develop next-generation satellites to replace Iridium’s current constellation.
AI & Enterprise
AI factor hits hiring market as ChatGPT recommendations shape applications
As generative AI becomes a key counselling tool for job seekers, concerns are growing that companies with limited web exposure could be excluded from recruitment. Some firms found their names did not appear when large language models were asked to recommend companies in their industry, and one company reported internship applications at about half the usual level. The trend is fuelling interest in LLM optimisation to increase citations and recommendations by tools such as ChatGPT.