AI, Business, Health, IT & software
646 storiesRussian PM Mishustin to speak as “Digital Solutions” forum opens in Moscow
The “Цифровые решения” (Digital Solutions) forum opened in Moscow on 6 October, with more than 13,000 people registered, according to RIA Novosti. Prime Minister Mikhail Mishustin will take part, speaking at the main plenary session and tou…
Korea financial regulator orders full security review after bank data leaks
Financial Services Commission Chairman Lee Eok-won chaired an emergency meeting of the entire financial sector in Seoul on Oct. 4 after customer data leaks spread from major banks to non-bank lenders, saying the possibility of AI-enabled ha…
LG Uplus to run mobile 'visiting stores' for island and mountain areas
LG Uplus said it will operate a converted Hyundai Solati vehicle as a "visiting store" to bring telecom consultations and digital education to island, mountain and other areas without fixed outlets. One vehicle each is to be placed in the Y…
GMO Research & AI says up to 948,498 infoQ members' data breached; site halted
GMO Research & AI said a vulnerability in its survey site infoQ was exploited and personal data for up to 948,498 members was taken out. Points worth about 2.87 million yen were exchanged without members' consent, which the company said it …
Paramount Skydance closes $110bn Warner Bros. Discovery acquisition
Paramount Skydance completed its purchase of Warner Bros. Discovery for $110bn, and the combined company is named Skydance. Its shares will trade on the New York Stock Exchange under the ticker SKYD, while WBD shares stopped trading on Nasd…
Suhyup Bank president selection fails again at second committee vote
Suhyup Bank's bank president recommendation committee failed for a second time on Oct 6 to name a final candidate, because no nominee won the required four votes from the five-member panel. The vote again split 3-2 between incumbent preside…
Former Yaskawa Electric president Masahiro Ogawa dies at 62
Masahiro Ogawa, former president and vice chairman of Yaskawa Electric, died on Oct. 2 of illness at 62, the company announced on Oct. 5. An engineer who spent most of his career in the industrial robot business and helped open the US marke…
Burger King ends Yoo Hae-jin ad campaign amid “Assassin(s)” dispute and boycott calls
Burger King ended its advertising campaign featuring actor Yoo Hae-jin for the autumn menu item Truffle Mushroom Whopper, about two weeks after the product's Sept 16 launch, as online calls to boycott products he advertises spread amid the …
Hyundai Engineering wins 870bn-won Incheon data centre project with KT Cloud
Hyundai Engineering said it won a project worth about 870 billion won to build a 50-megawatt data centre in Incheon, with KT Cloud as joint contractor and, according to KT Cloud, design-build-operate partner. Hyundai Engineering says constr…
Korea police open formal probe into AI-linked hacking of financial firms
South Korean police have converted their investigation into a series of AI-linked hacking attacks on financial institutions into a formal probe, assigning a 28-member, four-team dedicated unit. Data leaks have been confirmed at seven financ…
Huawei and Qualcomm sign broad patent licensing deal covering 5G, AI and networking
Huawei and Qualcomm announced a multi-year, broad patent licensing agreement that cross-licenses their portfolios in 5G, computing, artificial intelligence and networking, with Qualcomm also acquiring some of Huawei's US patents in those fi…
SpaceX seeks $40bn Apollo-led financing to buy Nvidia chips, reports say
SpaceX is seeking about $40bn in financing, led by Apollo Global Management, to buy Nvidia chips, according to reports citing people familiar with the matter. The company plans roughly $10bn in bank loans and $30bn in investment-grade bonds…
Kuaishou’s Kling AI plans Hong Kong IPO as early as next year, seeks $1bn
Kling AI, Kuaishou’s AI video service, plans to list in Hong Kong as early as next year, according to CLS, IT Home and 36Kr. IT Home reported the IPO could raise at least $1 billion and that CICC, Goldman Sachs and UBS have been selected as…
Russian anti-plague lab researcher dies; US and EU say they are monitoring
A 28-year-old female researcher at the Irkutsk anti-plague research institute in Shelekhov, Russia, died after being diagnosed with pneumonia of unknown cause, the state agency Rospotrebnadzor said. About 200 people who may have had contact…
Paramount closes Warner Bros. Discovery takeover, creating Skydance
Paramount Skydance closed its acquisition of Warner Bros. Discovery on Tuesday, creating a company named Skydance led by CEO David Ellison and co-CEO Ynon Kreiz. The merged company brings CNN, CBS News, HBO Max and Paramount+ under one roof…
POSCO completes second Argentine lithium plant, eyes 50,000-ton output
POSCO Holdings held a completion ceremony on 6 October local time for the upstream stage of its second brine lithium plant near the Hombre Muerto salt flat in Argentina, the company said on 7 October. The plant has 23,000 tons of annual lit…
MrMax says breach may have leaked data of up to 1,735,154 members
MrMax Holdings said on October 6 that unauthorized access to servers for its MrMax app and online store may have exposed personal information of up to 1,735,154 members. The company said member IDs, names, email addresses and telephone numb…
Daiwa Securities: vendor breach may have exposed data of 110,000 customers
Daiwa Securities said on Oct 5 that a server at outsourcing vendor Scalar Communications was subject to unauthorized access and that about 220,000 records may have leaked, including names, email addresses and securities account numbers for …
LG Electronics Q3 revenue 23.8 trillion won, operating profit up 13.5% but below consensus
LG Electronics reported preliminary third-quarter revenue of 23.827 trillion won, up 8.9% from a year earlier, and operating profit of 781.8 billion won, up 13.5%. Both figures fell short of the average analyst consensus, and the shares dro…
Japan antitrust watchdog raids Asahi, Kirin, Suntory, Sapporo over beer price cartel
Japan's Fair Trade Commission began a forced investigation on Oct 7 into Asahi Beer, Kirin Beer, Suntory and Sapporo Beer on suspicion of an Antimonopoly Act violation over beer prices. The four are suspected of coordinating wholesale price…