Why Anthropic's blockbuster IPO is getting a muted reception in Korea

Microsoft confirmed its services are fully restored as of Saturday after the tech company faced a massive global outage impacting its platforms earlier in the week. “We have completed our efforts to address the underlying issue of the incident and restored service to the remaining impacted customers and regions,” the company wrote in a post...

Italy announced Saturday it is handing Meta an $887 million fine for using photos and videos from Android users’ Facebook galleries without specific consent. Investigators found Facebook had enabled a “get suggestions from gallery when browsing” feature by default and requested access to users' personal photo library through a single permission notice, according to a...

Democratic Sen. Richard Blumenthal (Conn.) called on Howard Lutnick, President Trump’s Commerce secretary, to step down over reports the cabinet member shielded Nvidia from federal oversight — accusations which emerged after the tech giant's CEO resigned this week. Jensen Huang stepped down from Nvidia's chief role Thursday after claims came to light of his reported...

MANILA, Philippines – At the ASEAN Business & Investment Summit held today at the Solaire Resort Grand Ballroom, H.E. DTI Secretary Cristina Roque announced that the ASEAN Digital Economy Framework Agreement (DEFA) had just been signed and will be presented to the President tomorrow.  What is DEFA? This agreement has lasting implications for the digital

An internet trade group, representing 30 members including Google, YouTube, Facebook and Instagram, has sued the state of New York challenging its law that requires social media platforms ​to provide state-approved warning labels ‌for users. NetChoice's complaint said the state law violates the free-speech protections or First Amendment rights, Reuters reported. The law, that was signed...

SpaceX CEO Elon Musk wrote on Saturday that Nvidia will lose “critical deals” after CEO Jensen Huang’s exit from the company following reports of his extramarital affairs, including one with an alleged Chinese spy. “Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract,”...

MANILA, Philippines – Microsoft apologized for the global Outlook outage, citing that a technical issue was the cause and that the issue has been resolved. “We are deeply sorry for the disruption this incident has caused our customers and partners,” began the statement. “This was a technical issue not related to cyber or AI /

While global markets focus on the geopolitical and business implications of Jensen Huang’s resignation from Nvidia, another fierce debate is raging among Asian-Americans: whether race played a role in the downfall of one of corporate America’s most recognisable Asian faces. At the heart of the unease is the lack of public evidence for the most explosive allegation against Huang: that he had a romantic relationship with a Chinese businesswoman reportedly engaging in espionage for Beijing. The New...

Korea’s largest-ever antitrust fine will cut into this year’s earnings at the brokerages and banks that underwrite government debt, but it is unlikely to weaken their capital buffers, according to Korea Investors Service (KIS), a Moody’s affiliate. In a report released earlier this week, the credit rating agency said the penalties imposed by the Korea Fair Trade Commission (FTC) will make “a short-term decline in profitability unavoidable,” especially at the firms facing the largest penalties. It added that their capital strength and the earnings they built up in the first half should be enough to absorb the cost, creating a formidable yet manageable financial hurdle for the country's primary financial institutions. The regulatory crackdown stems from an investigation into primary dealers in Korea's sovereign debt market. The FTC issued corrective orders on Wednesday and imposed roughly 1.6 trillion won ($1.2 billion) in combined fines on 15 financial institutions — all designated primary dealers responsible for underwriting Korea Treasury bonds — for restricting competit

The ICT ministry said Saturday it will inspect disruptions to domestic companies' operations following a global outage of tech giant Microsoft's services. Microsoft 365 services experienced disruptions earlier this week, with some companies in the country reporting difficulty accessing their emails Friday. The Ministry of Science and ICT said it plans to check the restoration of the company's services and possible damage to users in South Korea by working with Microsoft Korea. It added that it will form a joint emergency response team with the company to continue monitoring the situation.

Democrats have spent the first half of the second Trump presidency openly questioning how Elon Musk has wielded influence over the federal government. Soon, they will have the chance to ask him directly. Fresh off a sweeping victory in the midterm elections, Senate Democrats are keen to use their new majority to investigate Musk and...

The patch-and-pray era is ending.  October 2026 has delivered an extraordinary cluster of critical security disclosures, including flaws in foundational internet infrastructure. Some are calling it “Black October.” Others call it the start of the “Vulnpocalypse.” Regardless of the label, AI-accelerated discovery is surfacing bugs faster than anyone can fix them, and the exploitation windows