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Industry

Isu Chemical introduces AI operation support in petrochemical processes

Isu Chemical is moving to adopt artificial intelligence transformation at its production sites after being selected for a 2026 programme backed by the Korea Technology and Information Promotion Agency for SMEs. The project, led by Kolon Benit with the Korea Productivity Center participating, will build an AI-based operation support system for continuous chemical processes. The company plans to link plant data, apply time-series AI models, add predictive maintenance and improve energy efficiency and carbon reduction efforts.

Telecommunications & Media

\"There was no innovation after Steve Jobs\" - PayPal founder criticises Apple

PayPal co-founder and technology investor Peter Thiel criticised Apple for failing to deliver new innovation after Steve Jobs. In a podcast interview with author Walter Isaacson recorded in September and released on Oct. 22, Thiel said nothing new emerged after Jobs. He said the iPhone was a major invention, but Apple then focused on expanding existing products and building its brand. He also compared Tim Cook unfavourably with Elon Musk and Jobs.

Crypto

Mastercard praises Ripple\'s RLUSD at XRPL hackathon

Mastercard publicly gave a positive assessment of Ripple’s stablecoin RLUSD at an XRP Ledger hackathon held in New York. Blockchain outlet U.Today reported that Mastercard representatives reacted favorably while outlining partner pitch requirements. An XRPL community member posted that Mastercard praised RLUSD during the session. The 36-hour event focused on autonomous payments using AI agents and included more than $40,000 in prizes, with several firms involved in mentoring and judging.