Payments using facial recognition are growing in South Korea as the tech improves; Viva Republica has scaled its fintech app Toss' Facepay service to 1M+ users
SEOUL — Payments using facial recognition are becoming more widespread in cashless South Korea, as artificial intelligence and 3D photography increase accuracy.
Naver, the largest South Korean buyer of Nvidia chips, is pitching its AI cloud services as an alternative for countries reluctant to use US or Chinese systems
Naver targets countries reluctant to use American and Chinese cloud systems out of security concerns
A profile of China's memory chipmaker CXMT, whose $4.2B IPO goal would rank among the century's biggest by a chipmaker, as it faces US and South Korean curbs
As AI demand drives prices up, CXMT overcomes Washington's curbs to vie with Micron and South Korean leaders
A profile of June Paik, CEO of Seoul-based chip startup FuriosaAI, valued at ~$700M, whose AI chip dubbed “RNGD” is slated to enter mass production this month
June Paik spurned a takeover offer from Meta Platforms last year. Now his South Korean company, FuriosaAI, has an AI chip entering mass production.
South Korean prosecutors allege China's CXMT mass-produced 10nm-class DRAM using leaked Samsung tech, indicting 10 employees who previously worked for Samsung
executives and researchers allegedly leaked DRAM technology to China-based CXMT, resulting in trillions of losses in Korean Won https://www.tomshardware.com/ ... @hedgedworld : · Prosecutors have indi...
South Korean media: police raided Coupang's HQ, searching for evidence related to a historic data breach that compromised 30M+ people's personal information
Jane Lanhee Lee / Bloomberg :
Micron says it will exit its Crucial consumer business by February 2026, as it doubles down on advanced memory chips for AI data centers, amid a supply shortage
because Micron wants to sell its RAM and SSDs to AI companies instead Charlotte Trueman / DatacenterDynamics : Micron to exit the consumer memory and storage market in favor of AI data center customer...
South Korean police arrest four for hacking 120K home security cameras, whose footage was used to make sexually exploitative material; one hacker made ~$12K
The authorities arrested four people this week in the latest turn in the country's effort to stop exploitative recordings.
South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; the country has a population of 51.7M
South Korean authorities are investigating a data leak at online retailer Coupang Inc. that exposed about 33.7 million accounts …
Sources: South Korean authorities suspect North Korean hacking group Lazarus of the $30M+ Upbit hack, which used methods resembling those of a 2019 Upbit theft
North Korean hacking group Lazarus is suspected to be behind a recent breach of around 45 billion won (US$30.6 million) …