The problem with uncensored AI may be how easy it is to buy
The underground economy already sells malware, phishing kits, and other cybercrime tools as services. Sophos researchers are now seeing a similar model emerge around AI, with uncensored models being a...
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Beyond sponsorship, companies provide technology to sports
Behind Korea’s medal-winning athletes are companies that have been in the sports realm for decades, turning sponsorship into technology, training and long-term support. The approach reflects a major s...
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Korea, US unveil 3 investments in energy projects
Seoul and Washington unveiled plans for three investment projects in the United States — a $22.3 billion Texas gas-fired power plant for data centers, a framework to build eight large nuclear reactors...
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AMCHAM, KCCI urge Korean firms to seize US opportunities
Korean companies are advised to expand their operations in the United States, as bilateral economic ties increasingly extend beyond trade to investment, technology and supply-chain resilience, the Ame...
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SK hynix reiterates no decision on Solidigm's US IPO
SK hynix said Thursday it is reviewing various funding options for its U.S. subsidiary Solidigm but that no decision has been made, reiterating its previous position on reports of a possible U.S. list...
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LS Electric wins $133 mil. transformer deal in US
LS Electric Co., a Korean electrical equipment maker, said Thursday it has secured a 180 billion-won ($133 million) contract to supply ultra-high-voltage transformers to a major U.S. technology compan...
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Trump-backed Alaska LNG revival still faces viability questions in Korea
With a discrepancy emerging between Korea and the U.S. over a proposed investment of more than $50 billion in the Alaska liquefied natural gas (LNG) project, questions are growing over whether the pro...
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Shinhan Bank hit by data breach affecting 25,000 customers
Shinhan Bank apologized Thursday after personal information belonging to about 25,000 customers was leaked in a data breach, as financial regulators launched an urgent inspection into the incident. Ac...
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Paris Croissant taps former Samsung VP to drive global expansion
Paris Croissant, the parent company of global bakery giant Paris Baguette, has nominated Kang Shin-bong, a former Samsung Electronics vice president, as its next chief executive, turning to leadership...
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Bibigo expands gimbap distribution across major US supermarkets
Bibigo, the flagship consumer food brand of CJ CheilJedang, is expanding distribution of its frozen gimbap (seaweed rice roll) across major U.S. supermarkets, capitalizing on surging demand for conven...
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North American tourists drive spending surge at GS25 convenience stores
North American shoppers are becoming a major revenue driver for GS25, a leading Korean convenience store chain, with foreign spending at its outlets more than doubling this year and expanding beyond t...
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LG CNS partners with General Atlantic to invest in enterprise tech firms
LG CNS has partnered with U.S. investment firm General Atlantic to co-invest in global enterprise technology firms, the IT services unit of Korea's LG Group said Thursday. Enterprise technology refers...
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Finda names fintech veteran Ahn Joong-hyun as its 1st CPO
Finda is stepping up its efforts to innovate its artificial intelligence (AI) and data-driven financial products with the appointment of its first-ever chief product officer (CPO). The fintech company...
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LG Electronics to invest $110 mil. for chiller facilities in US, Korea
LG Electronics will invest 150 billion won ($110 million) to set up a new U.S. chiller factory and expand production lines in Korea to meet rising demand for artificial intelligence (AI) data center c...
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Yongin national chip cluster construction begins this month amid compensation, fast-track risks
YONGIN, Gyeonggi Province — Korea’s ambitious plan to expand domestic semiconductor production capacity and strengthen its position in the global chip supply chain will take another step forward this ...
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Doosan Enerbility-led consortium wins $618 mil. plant deal in Vietnam
A consortium led by Korean plant builder Doosan Enerbility has secured an 840 billion-won ($618 million) deal to build a gas-fired power plant in Vietnam by 2030, the company said Thursday. The consor...
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Renault Korea's sales drop 24.7% in September on weak demand
Renault Korea Motors, the Korean unit of France's Renault S.A., said Thursday its sales fell 24.7 percent in September from a year earlier amid weak demand at home. The automaker sold 6,556 vehicles l...
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Korean designer helps build LEGO's first Dragon Ball set
LEGO Group has unveiled its first Dragon Ball set, created with the participation of a Korean designer at the Danish toymaker. The 1,764-piece LEGO Icons Dragon Ball Shenron & Goku set, developed in p...
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Hyundai Motor's Sept. sales drop 16% on fewer working days
Hyundai Motor, Korea's biggest carmaker, said Thursday its sales fell 16 percent in September from a year earlier, as there were fewer working days due to the Chuseok holiday. Hyundai sold 307,998 veh...
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Korean firms to unveil AI service developed under gov't project: sources
Three consortia led by Korean tech companies will unveil their artificial intelligence (AI) services developed under a government-led project within this month to provide all citizens with access to A...
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[INTERVIEW] AMCHAM optimistic over Korea's LNG investment in US
James Kim, chairman of the American Chamber of Commerce in Korea (AMCHAM), is welcoming U.S. President Donald Trump’s announcement on Korea’s $54 billion (73.3 trillion won) investment in the Alaska l...
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Hayfin Capital Management opens Seoul office after Samsung Life investment
Hayfin Capital Management opened a new office in Seoul, Thursday, expanding its presence in the Asia-Pacific region following Samsung Life's investment in the firm as a strategic minority shareholder....
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Samsung chief joins chip industry leaders at Korean art gala in London
Samsung Electronics Executive Chairman Lee Jae-yong joined global business leaders at a London gala celebrating a Korean art exhibition on Wednesday (local time), bringing cultural outreach and semico...
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Samsung Bioepis, Teva enter commercialization agreement on 6 biosimilar candidates
Samsung Bioepis and Teva Pharmaceutical Industries have entered into an agreement on commercializing the former’s up to six potential biosimilar candidates, including two confirmed investigational can...
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GM Korea's September sales surge 73.3% on strong exports
GM Korea, the Korean unit of General Motors, said Thursday its sales surged 73.3 percent in September from a year earlier, driven by strong overseas demand. The company sold 41,101 vehicles last month...
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Meta’s Dhruv Vohra to lead Philippines, SEA business
Meta, the parent company of Facebook announced today that executive Dhruv Vohra will be leading the South East Asia business, which includes The Philippines, Vietnam, Singapore, Malaysia, Thailand, an...
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iPhone 18 preorder events start this October
It’s the start of October, which means that the iPhone 18 pilgrimage has begun. Here are some preorder events happening in official stores near you. Power Mac Center Premier Apple partner Power Mac Ce...
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Toyota boosts its electric lineup with the Cat A Urban Cruiser
The new Urban Cruiser is smaller, not just in size, but also in price....
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GOP wrestles with rising data center backlash weeks before midterms
Republicans are growing increasingly worried that data centers are a liability in the midterms, as concerns over higher power bills tied to the facilities turn into a pocketbook issue for voters. The ...
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GM Korea's Sept. sales surge 73.3% on strong exports
GM Korea, the Korean unit of General Motors, said Thursday its sales surged 73.3 percent in September from a year earlier, driven by strong overseas demand. The company sold 41,101 vehicles last month...
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