Business, Technology, War & conflict
627 storiesAMD CEO Lisa Su to visit Korea Oct. 7 for Gamer Day; AI chip talks expected
AMD chair and CEO Lisa Su will visit Korea on Oct. 7, about seven months after her March trip, to attend an “AMD Gamer Day” event at 2 p.m. at Dragon City in Yongsan-gu, Seoul, AMD said. Su and senior vice president Jack Huynh will attend, …
Paramount Skydance completes $110bn Warner Bros. Discovery takeover
Paramount Skydance said on October 6 that it has completed its acquisition of Warner Bros. Discovery in a deal valued at about $110 billion (roughly ¥17 trillion). The combined company will be named Skydance and will hold two Hollywood film…
Paramount completes acquisition of Warner Bros. Discovery, reports say
Paramount has completed its acquisition of Warner Bros. Discovery, according to reports cited by Chinese business outlets CLS and Yicai. The deal followed a months-long contest in which Ellison submitted nine bids and beat rival Netflix, an…
JR East to start teppay code payment in Mobile Suica on Oct 20, raising limit to ¥300,000
JR East said teppay, a code payment service added to the Mobile Suica app, will start on Oct 20 from 11:00, allowing purchases above Suica e-money's ¥20,000 ceiling and transfers of balance between users. Identity verification with a My Num…
Saudi-led coalition says it intercepted Houthi missile aimed at Khamis Mushait
The Saudi-led coalition said it intercepted and destroyed a ballistic missile that Yemen's Houthis fired toward Khamis Mushait, a city in southwestern Saudi Arabia. Coalition spokesman Turki al-Maliki said Houthi-held Sanaa and the province…
Yemeni government announces “liberation war” offensive against Houthi forces
Yemen's government announced on October 4 the launch of a military operation against the Houthi movement, with army spokesman Majid al-Nuzaili calling it a “liberation war” to recover all national territory and offering pardons to Houthi fi…
Samsung Art Store to show 30 British Museum works on its art TVs
Samsung Electronics said it will present 30 representative works from the British Museum on Samsung Art Store, its art subscription service for Samsung TVs. The collection focuses on 19th-century British landscape painting, including pieces…
Boston Dynamics names former Amazon Alexa executive Rohit Prasad as CEO
Boston Dynamics, the robot subsidiary of Hyundai Motor Group, said it has hired Rohit Prasad, a former Amazon executive who led work on the Alexa voice assistant, as its new chief executive. The company said the appointment is aimed at stre…
Russian state agencies report explosions in Dnepropetrovsk, air alert in region
TASS reported an explosion in Dnepropetrovsk on 4 October and an air raid alert across Dnepropetrovsk region. A day later, on 5 October, both RIA Novosti and TASS reported that explosions had occurred in the city, with TASS saying the air r…
Pentagon withdraws all bombers from UK's RAF Fairford after suspected terror plot
The Pentagon said all U.S. bombers deployed to Royal Air Force Fairford in England have returned to their home stations in the United States, after a suspected terror plot against the base; the New York Times reported the withdrawal followe…
Alteogen raises 200 billion won from state growth fund, SkyLake
Alteogen said on Oct. 6 that it will raise 200 billion won from the National Growth Fund and the private equity firm SkyLake. Maeil Business reported the company will issue 100 billion won of five-year convertible preferred shares and 100 b…
Gwangju Chamber of Commerce Recruits 4 Interns for Full-Time Conversion
The Gwangju Chamber of Commerce and Industry is recruiting four interns who can become full-time employees after a five-month evaluation period. Applications are open until October 27, and the selection process includes document screening, …
Yuhan Yanghaeng to promote CDMO business at CPHI Milan 2026
Yuhan Yanghaeng said on Oct 6 that it is taking part in CPHI Worldwide 2026, a global pharmaceutical and bio exhibition in Milan, Italy, running Oct 6–8. The company said it has set up a dedicated booth and will present its new drug pipelin…
NATO commander drafts drone and AI strategy against possible Russian attack
NATO's top military commander is drawing up a strategy called a «victory theory» that would use artificial intelligence and other emerging technologies to repel a possible Russian attack on NATO's eastern flank, according to a non-classifie…
Shenzhen second-hand home market picks up as non-local buyers look over holiday
During the National Day holiday, activity in Shenzhen's second-hand housing market rose, with buyers from outside the city looking at property, according to a CCTV Finance report carried by three business outlets. Non-Shenzhen hukou buyers …
Shinsegae invests $1bn in Warner Bros. deal as Paramount completes takeover
Shinsegae Group said its unit Shinsegae Property will invest $1bn (about 1.4 trillion won) in the takeover of Warner Bros. led by Paramount Skydance, alongside David Ellison and US investment firm RedBird. Paramount completed the acquisitio…
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…
LG Electronics signs 5GW AI data center cooling supply deal in North America
LG Electronics said its US subsidiary signed a long-term supply agreement with North American infrastructure platform company AIR Control Concept to provide chillers and other cooling solutions for a total of 5GW of AI data centers. The com…
Korean brokerages raise Cosmax target prices on expected Q3 earnings beat
Two Korean securities firms raised their target prices for cosmetics maker Cosmax on Oct 7, saying third-quarter results should come in above market consensus. Hana Securities lifted its target to 380,000 won from 305,000 won, and Daol Inve…
Lotte Department Store foreigner sales top 1 trillion won, first in industry
Lotte Department Store said its cumulative foreigner sales this year passed 1 trillion won on the morning of Oct 6, the first time a Korean department store has reached that level in a year. The company said it had already surpassed last ye…