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AI & Enterprise

Meta shares slide on weaker revenue outlook, AI investment burden grows

Meta\'s shares fell more than 6 percent in after-hours trading after it issued a third-quarter revenue forecast below market expectations and showed worsening cash flow as it ramps up investment in AI infrastructure. Second-quarter revenue beat estimates but earnings per share missed. Daily active people came in slightly below forecasts. Meta raised its 2026 capital expenditure outlook, and free cash flow fell sharply from a year earlier.

Games & Commerce

Nexon confirms title for new MMORPG \'Tembbal: Overgeared\'

Nexon confirmed the official title of its new massively multiplayer online role-playing game, previously known as \'Project T\', as \'Tembbal: Overgeared\' and on July 28 unveiled its BI and a teaser site. The game is based on the global IP \'Tembbal\', which has logged more than 1.3 billion cumulative views in South Korea and ranked highly on platforms in Asia and Japan. Nexon also opened official YouTube and KakaoTalk channels.

AI & Enterprise

Codegate 2026 ends on high note as \'AI hacker\' takes part

South Korea\'s largest international hacking defence competition, Codegate 2026, wrapped up after a two-day schedule with white hackers from around the world taking part. The Ministry of Science and ICT held the event at Seoul\'s COEX, combining a contest and a security conference. Japan\'s BunkyoWesterns won the general division, while South Korean junior competitor Kim Jun-won won the junior division. An invited \"AI hacker\" also competed.