Search results for Shift
Fintech
Financial sector hacking spreads, signs of same attacker at seven firms
Hack attacks targeting South Korea\'s financial sector are spreading beyond commercial banks to savings banks and capital firms, with indications the same attacker is involved. Welcome Savings Bank reported an intrusion into a corporate customer-related system, with up to 2,200 records possibly leaked. President Lee Jae-myung ordered a thorough probe and countermeasures. Financial authorities held an emergency meeting and said related IP addresses were found across seven firms, raising the possibility of automated attacks using AI tools.
Finance
Samsung Electronics Q3 preliminary earnings to test KOSPI 7,000 level
South Korea\'s KOSPI is swinging around the 7,000 level without finding a clear direction, as solid semiconductor earnings expectations clash with pressure from high U.S. long-term rates and oil prices. The key event this week is Samsung Electronics\' preliminary third-quarter results, with markets focused on how much memory price gains and AI demand show up in earnings. Analysts also expect increased sector rotation and greater stock differentiation based on forward profit outlooks.
AI & Enterprise
Trump weighs Jay Clayton for new AI czar role
U.S. President Donald Trump is considering appointing Director of National Intelligence Jay Clayton as a new AI czar, Cointelegraph reported. Clayton could keep his DNI post while overseeing AI innovation and development and supervising tech firms’ self-regulation. Trump has pushed plans to create an “AI Force” and said he would manage the AI industry without adding new regulations. The White House has not made an official announcement.
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Crypto
Money flows into \'digital dollar\' stablecoins, shaking banks and national monetary systems
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AI & Enterprise
K-Perf used for first time to verify KEPCO adoption of AI NPU chips
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AI & Enterprise
Developer to security engineer: Google employee shares career switch tips
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Crypto
IBM says quantum computers could handle calculations even billions of supercomputers cannot
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Mobility
Tesla\'s auto business wobbles as Wall Street sees annual sales decline
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Telecommunications & Media
MNO subsidiaries take nearly half of budget carrier users; experts say fair competition rules must be redrawn
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Telecommunications & Media
iPhone 18 Pro leads China\'s smartphone market
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Crypto
XRP buying edge weakens; $1.4466 to set near-term direction
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Crypto
U.S. SEC begins overhaul of crypto custody rules, may lower barriers for institutions
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Crypto
Bitcoin spot ETFs post $6.34 billion net inflows in third quarter, biggest this year
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AI & Enterprise
Microsoft Office, Teams head to leave as company reorganises under Copilot
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AI & Enterprise
MSIT minister steps in amid questions over Korean AI foundation model project, two-track push with frontier AI
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AI & Enterprise
AI hacking responsibility fight heats up
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Industry
South Korea semiconductor exports top $60 billion for first time in September, total exports up 84%
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Crypto
Netherlands seeks to introduce capital gains tax in 2028; will bitcoin profits be taxed on realised gains?