Can Bitcoin hold the US$80,615 support line, or is a brutal liquidation cascade inevitable?

The Barracuda V2 Pro shaves weight from its 2022 predecessor, and comes with two kinds of microphones.

Homeplus, which narrowly avoided liquidation and resumed operations in August, is struggling to regain its footing as weak sales and stalled takeover efforts cloud its recovery, according to industry officials Monday. The uncertainty has also prompted a wave of voluntary resignations among employees. A major supermarket chain, Homeplus is currently undergoing court-led rehabilitation after struggling for years with the decline of the country’s hypermarket sector and consumers’ shift to online shopping. In July, the Seoul Bankruptcy Court briefly terminated the proceedings after the embattled retailer failed to secure the minimum 200 billion won ($150 million) in fresh funding needed to carry out its restructuring plan. Homeplus reversed that outcome only after obtaining emergency financing from Meritz Financial Group, its largest creditor, at the last minute. The retailer reopened all 67 of its remaining stores nationwide on Aug. 13, hoping to put its recovery back on track. Sales reached 10.63 billion won on the first day, followed by a daily average of 8.7 billion won over the nex

Creditors of JoongAng Ilbo Co. picked DaouKiwoom-CJ consortium as the preferred bidder for one of the major South Korean newspaper publishers as they closed bidding for the debt-laden company earlier in the day, industry sources said Monday. According to the sources, the DaouKiwoom-CJ consortium beat Orion and four others in a race to take over JoongAng Ilbo, a deal estimated at between 400 billion won ($300 million) and 500 billion won. In July this year, JoongAng Ilbo entered the debt workout program, led by main creditor Hana Bank and other lenders, amid liquidity problems at its parent, JoongAng Group. Creditors' debt collection has been suspended for three months, allowing the company to avoid court-led rehabilitation proceedings. JoongAng Holdings owns a 64.7 percent stake in JoongAng Ilbo and is controlled by the founding family of JoongAng Group.

The event will likely see the unveiling of the long-awaited MacBook Pro with an OLED touchscreen, along with a new iPad mini and other new Macs.

The Department of Homeland Security (DHS) has ordered that products from the Chinese AI startup DeepSeek be removed from federal agency IT systems and barred from government contracting. The order, which initially went out in July, was published on the Federal Register website Monday. It said DeepSeek’s AI models present “multiple threat vectors,” noting the...

Facebook's parent company Meta apologized Sunday for suspending the "No Kings" Instagram account, saying the suspension was caused by a high increase in traffic by bots. Meta spokesperson Andy Stone wrote in a statement that the company's engineering team found the "spike that triggered the incorrect enforcement was primarily in the account’s 'reading' behavior" attributed...

The artificial intelligence firm Anthropic announced it will commit 5 percent of its shares to its new public benefit fund as the industry faces heat over its potential impact on society and the labor market. Anthropic, in a blog post Sunday, said the Anthropic Public Benefit Fund will help the company pursue it's "mission in...

Only 10 sets of the black-and-silver film camera and 35mm lens will be sold, exclusively at the MBS store.

The upcoming Find X10 series will get an Agent Mode that can organise information from apps and files to complete tasks such as planning a trip.

Tech mogul Elon Musk said Monday he will give every child in the U.S. one share of SpaceX next year. “This will be the first of many,” Musk wrote in a post on the social platform X, which he also owns and is technically part of SpaceX. He did not specify how he plans to...

Our first in the series of holiday gift guides is for fitness! Historically, the holidays are marked with libations and cheat days. Apart from gifting gym memberships, here are some wearables and tech accessories that can help you track your health and nerd out on the gym floor. We asked the Tech.INQ staff to pick

TNT, the value brand of Smart Communications, Inc. (Smart), has won a gold award at the recent SMARTIES Philippines for its network campaign under the Creator/Influencer/Celebrity Marketing (Impact Marketing) category. The SMARTIES Philippines is a marketing awards program that recognizes innovative and effective campaigns that demonstrate meaningful impact for brands and businesses. Launched in February