NMIXX Haewon’s Big Reveal About Park Jin Young and the Bubble Subscription DramaHaewon of NMIXX admired Park Jin Young's dedication, while Bae and Sullyoon discussed their experiences with his fan platform, Bubble.
Brighter and Bigger: iPhone 16 Pro Set to Dazzle with Enhanced Display!The upcoming iPhone 16 Pro is garnering explosive interest as Apple announced the launch of the iPhone 16 Pro this fall, amplifying excitement. On May 10th, MacRumors, an IT media outlet citing the Chinese IT tipster Instant Digital, sparked curiosity by stating that the “screen of the iPhone 16 Pro would be bigger and brighter.” […]
The AI Revolution: A Blow to Traditional IT Jobs?Amidst the escalating worldwide interest in Artificial Intelligence (AI), businesses are racing to onboard AI specialists. Conversely, there’s a notable decline in hiring within the broader IT (Information Technology) sector, excluding roles specific to AI, which is attracting scrutiny. On the 5th, local time, the Wall Street Journal disclosed that U.S. companies are intensifying their […]
AI Takeover: Jobs at High Risk of Disappearing in 10 YearsJob Positions at High Risk of Being Replaced by AIManufacturing Sector Faces Potential Loss of 930,000 JobsWhich jobs are currently being Filled by AI? As artificial intelligence (AI) technology, such as ChatGPT, continues to make significant advances, the jobs for “real” people are under threat. According to a recent report titled “The Challenges of Industrial […]
One Out of Ten Koreans Own RippleDid you know that one out of ten Koreans owns Ripple (XRP), the world’s sixth-largest cryptocurrency? Ripple is accelerating its expansion in Korea based on the interest of Koreans. Josh Kim, a partner of Ripple, revealed in an interview with the Ripple-related community “Crypto Eri” on the 26th that “10% of the Korean population own […]
Samsung's Galaxy AI Sets New Standards: What to Expect from the S24 Series The competition for AI phones is growing, led by Samsung Electronics' Galaxy S24, and Chinese manufacturers and Apple are also entering the market. The AI phone market is expected to drive innovation in ICT and provide direct benefits of AI technology to consumers...
FTX Cleared to Sell Anthropic Stake by US Court for Customer Compensation [Dugguru=Eung-Yong Jung] A U.S. court has approved the sale of FTX's stake in Anthropic, a cryptocurrency exchange that went bankrupt in 2022. FTX plans to use the proceeds from the sale of its stake in Anthropic to repay customer restitution funds. Bankruptcy Judge John Dawsey of the U.S. Bankruptcy Court for the District of Delaware in Wilmington on Wednesday approved the sale of FTX's 7.84% stake in Anthropic, saying the company had reached a settlement with a group of customers. The stake is reportedly valued at about $1.4 billion. According to court documents, FTX invested $500 million in Antropic in 2021, acquiring a 13.56% stake. Subsequent investments, including a $4 billion investment from Amazon.com, reduced FTX's stake to 7.84%. "The growing interest in AI and large-scale language models has led to a significant increase in the value of Antropic's shares," said Andy Dieterich, an attorney for FTX, "and we will maintain the flexibility to sell our shares at the most opportune time." Until now, FTX customers have argued that FTX did not actually own Antropic shares, as it bought them with funds stolen from customer deposits. However, it was agreed that the funds from FTX's sale of the Antropic shares belonged to FTX customers, and the court approved the sale. Mr. Dieterich explained that he plans to repay customers with the proceeds from the sale of the Antropic stake, and that he has enough cash on hand to prove ownership of Antropic shares to a specific group of customers if he can convince the court. Mr. Dieterich claims that FTX has $6.4 billion in cash on hand. FTX plans to base customer redemption amounts on the current higher value of cryptocurrencies, rather than the November 2022 value at the time of the bankruptcy. Meanwhile, FTX founder Sam Bankman-Pryde was convicted by a court in November of fraud and money laundering charges. His sentencing hearing is scheduled for March 28, and he could face up to 115 years in prison...
Coinbase Chief Legal Officer Urges SEC to Approve Spot Ethereum ETF [TheGuru=Sung-Hwan Hong] Coinbase, the largest cryptocurrency exchange in the United States, has urged securities regulators to approve an Ethereum spot exchange-traded fund (ETF). This is the latest sign of growing anticipation for the approval of an ETH spot ETF. "We believe that Grayscale's proposed Ethereum spot ETF meets the rules and requirements of the Exchange's proposed rules," Paul Grewa, Coinbase's chief legal officer, wrote in a comment letter to the U.S. Securities and Exchange Commission (SEC), according to industry sources. "Ethereum is not vulnerable to fraud or manipulation because it has a robust and decentralized governance system," he said, adding that Ethereum is not a security. Grayscales previously filed to convert its Ethereum Spot Trust into an ETF in October of last year. Other asset managers, including BlackRock, Fidelity, Franklin Templeton, and ArkInvest, are also preparing to launch ETH spot ETFs. The industry is expecting an ETH spot ETF to launch as early as May. In a report published on May 18, U.S. asset manager Bernstein said it expects the SEC to approve an ETH spot ETF as early as May and as late as this year. British investment bank Standard Chartered (SC) also said last month that it expects approval of an ETH spot ETF to come on May 23, when the first round of applications is due. Meanwhile, the SEC approved bitcoin spot ETFs for listing and trading on exchanges on May 10th. Following the decision, 11 bitcoin spot ETFs began trading on May 11th. They include BlackRock, Fidelity Investments, ARC Investments, Invesco, WisdomTree, Bitwise Asset Management, Valkyrie, and Grayscale Investments...
National Intelligence Chief Warns of Growing Cyber Threats from North Korea National Intelligence Chief Cho Tae-yong emphasized the nation's response to cyber threats at the 20th anniversary of the National Cybersecurity Center, saying that the attack methods of threat forces, including North Korea, are becoming more complex...
Here's Why You're Still Tired After 5 Cups of Coffee There are people who are sleepy even after drinking five cups of coffee a day.There are people for whom caffeine doesn't 'work', and there are many reasons for this...
Chinese Authorities Rethink Game Regulation Stance to Bolster Economy Domestic game companies' stocks rise on China's signaling of withdrawal of game regulations. China ranks first in domestic game exports with 34.1%. Signs of change as draft regulations are dropped.
North Korea Linked to 8 out of 10 Hacking Attempts Last Year According to North Korean leader Kim Jong Un's corrective speech, North Korea is operating a state-sponsored and international hacking organization through cyberattacks, which has put the National Intelligence Service on high alert...
China's AI-Backed Cyber Theft Raises Red Flags for U.S. OfficialsChina's cyber espionage activities using artificial intelligence (AI) are growing, raising concerns for U.S. intelligence agencies.
U.S. Import Ban Hits Apple Watch: Samsung Eyes Smartwatch MarketU.S. upholds Apple Watch import ban, granting Samsung an unexpected opportunity in the competitive smartwatch market.
EU Takes on Elon Musk's X, Launches Full-Scale Investigation into Fake NewsEU initiates investigation into X (formerly Twitter) for Digital Services Act (DSA) violations related to fake news and illegal content.
Apple Watch 9 Sales Stopped in the US Over Patent Infringement DisputeApple halts sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. due to patent infringement allegations.
Microsoft Unveils First AI chip, Maia 100, Aims to Be Global Computing PowerhouseMicrosoft unveils Maia 100, an in-house AI chip for language models, emphasizing partnerships and transformation into a system company.
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NMIXX Haewon’s Big Reveal About Park Jin Young and the Bubble Subscription Drama Haewon of NMIXX admired Park Jin Young's dedication, while Bae and Sullyoon discussed their experiences with his fan platform, Bubble.
Brighter and Bigger: iPhone 16 Pro Set to Dazzle with Enhanced Display! The upcoming iPhone 16 Pro is garnering explosive interest as Apple announced the launch of the iPhone 16 Pro this fall, amplifying excitement. On May 10th, MacRumors, an IT media outlet citing the Chinese IT tipster Instant Digital, sparked curiosity by stating that the “screen of the iPhone 16 Pro would be bigger and brighter.” […]
The AI Revolution: A Blow to Traditional IT Jobs? Amidst the escalating worldwide interest in Artificial Intelligence (AI), businesses are racing to onboard AI specialists. Conversely, there’s a notable decline in hiring within the broader IT (Information Technology) sector, excluding roles specific to AI, which is attracting scrutiny. On the 5th, local time, the Wall Street Journal disclosed that U.S. companies are intensifying their […]
AI Takeover: Jobs at High Risk of Disappearing in 10 Years Job Positions at High Risk of Being Replaced by AIManufacturing Sector Faces Potential Loss of 930,000 JobsWhich jobs are currently being Filled by AI? As artificial intelligence (AI) technology, such as ChatGPT, continues to make significant advances, the jobs for “real” people are under threat. According to a recent report titled “The Challenges of Industrial […]
One Out of Ten Koreans Own Ripple Did you know that one out of ten Koreans owns Ripple (XRP), the world’s sixth-largest cryptocurrency? Ripple is accelerating its expansion in Korea based on the interest of Koreans. Josh Kim, a partner of Ripple, revealed in an interview with the Ripple-related community “Crypto Eri” on the 26th that “10% of the Korean population own […]
Samsung's Galaxy AI Sets New Standards: What to Expect from the S24 Series The competition for AI phones is growing, led by Samsung Electronics' Galaxy S24, and Chinese manufacturers and Apple are also entering the market. The AI phone market is expected to drive innovation in ICT and provide direct benefits of AI technology to consumers...
FTX Cleared to Sell Anthropic Stake by US Court for Customer Compensation [Dugguru=Eung-Yong Jung] A U.S. court has approved the sale of FTX's stake in Anthropic, a cryptocurrency exchange that went bankrupt in 2022. FTX plans to use the proceeds from the sale of its stake in Anthropic to repay customer restitution funds. Bankruptcy Judge John Dawsey of the U.S. Bankruptcy Court for the District of Delaware in Wilmington on Wednesday approved the sale of FTX's 7.84% stake in Anthropic, saying the company had reached a settlement with a group of customers. The stake is reportedly valued at about $1.4 billion. According to court documents, FTX invested $500 million in Antropic in 2021, acquiring a 13.56% stake. Subsequent investments, including a $4 billion investment from Amazon.com, reduced FTX's stake to 7.84%. "The growing interest in AI and large-scale language models has led to a significant increase in the value of Antropic's shares," said Andy Dieterich, an attorney for FTX, "and we will maintain the flexibility to sell our shares at the most opportune time." Until now, FTX customers have argued that FTX did not actually own Antropic shares, as it bought them with funds stolen from customer deposits. However, it was agreed that the funds from FTX's sale of the Antropic shares belonged to FTX customers, and the court approved the sale. Mr. Dieterich explained that he plans to repay customers with the proceeds from the sale of the Antropic stake, and that he has enough cash on hand to prove ownership of Antropic shares to a specific group of customers if he can convince the court. Mr. Dieterich claims that FTX has $6.4 billion in cash on hand. FTX plans to base customer redemption amounts on the current higher value of cryptocurrencies, rather than the November 2022 value at the time of the bankruptcy. Meanwhile, FTX founder Sam Bankman-Pryde was convicted by a court in November of fraud and money laundering charges. His sentencing hearing is scheduled for March 28, and he could face up to 115 years in prison...
Coinbase Chief Legal Officer Urges SEC to Approve Spot Ethereum ETF [TheGuru=Sung-Hwan Hong] Coinbase, the largest cryptocurrency exchange in the United States, has urged securities regulators to approve an Ethereum spot exchange-traded fund (ETF). This is the latest sign of growing anticipation for the approval of an ETH spot ETF. "We believe that Grayscale's proposed Ethereum spot ETF meets the rules and requirements of the Exchange's proposed rules," Paul Grewa, Coinbase's chief legal officer, wrote in a comment letter to the U.S. Securities and Exchange Commission (SEC), according to industry sources. "Ethereum is not vulnerable to fraud or manipulation because it has a robust and decentralized governance system," he said, adding that Ethereum is not a security. Grayscales previously filed to convert its Ethereum Spot Trust into an ETF in October of last year. Other asset managers, including BlackRock, Fidelity, Franklin Templeton, and ArkInvest, are also preparing to launch ETH spot ETFs. The industry is expecting an ETH spot ETF to launch as early as May. In a report published on May 18, U.S. asset manager Bernstein said it expects the SEC to approve an ETH spot ETF as early as May and as late as this year. British investment bank Standard Chartered (SC) also said last month that it expects approval of an ETH spot ETF to come on May 23, when the first round of applications is due. Meanwhile, the SEC approved bitcoin spot ETFs for listing and trading on exchanges on May 10th. Following the decision, 11 bitcoin spot ETFs began trading on May 11th. They include BlackRock, Fidelity Investments, ARC Investments, Invesco, WisdomTree, Bitwise Asset Management, Valkyrie, and Grayscale Investments...
National Intelligence Chief Warns of Growing Cyber Threats from North Korea National Intelligence Chief Cho Tae-yong emphasized the nation's response to cyber threats at the 20th anniversary of the National Cybersecurity Center, saying that the attack methods of threat forces, including North Korea, are becoming more complex...
Here's Why You're Still Tired After 5 Cups of Coffee There are people who are sleepy even after drinking five cups of coffee a day.There are people for whom caffeine doesn't 'work', and there are many reasons for this...
Chinese Authorities Rethink Game Regulation Stance to Bolster Economy Domestic game companies' stocks rise on China's signaling of withdrawal of game regulations. China ranks first in domestic game exports with 34.1%. Signs of change as draft regulations are dropped.
North Korea Linked to 8 out of 10 Hacking Attempts Last Year According to North Korean leader Kim Jong Un's corrective speech, North Korea is operating a state-sponsored and international hacking organization through cyberattacks, which has put the National Intelligence Service on high alert...
China's AI-Backed Cyber Theft Raises Red Flags for U.S. Officials China's cyber espionage activities using artificial intelligence (AI) are growing, raising concerns for U.S. intelligence agencies.
U.S. Import Ban Hits Apple Watch: Samsung Eyes Smartwatch Market U.S. upholds Apple Watch import ban, granting Samsung an unexpected opportunity in the competitive smartwatch market.
EU Takes on Elon Musk's X, Launches Full-Scale Investigation into Fake News EU initiates investigation into X (formerly Twitter) for Digital Services Act (DSA) violations related to fake news and illegal content.
Apple Watch 9 Sales Stopped in the US Over Patent Infringement Dispute Apple halts sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. due to patent infringement allegations.
Microsoft Unveils First AI chip, Maia 100, Aims to Be Global Computing Powerhouse Microsoft unveils Maia 100, an in-house AI chip for language models, emphasizing partnerships and transformation into a system company.
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