2025-11-30 16:30:40
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 (Sohee Kim/Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-30/cou…
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 (Sohee Kim/Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-30/cou…
The Lazarus group stands accused of stealing approximately 45 billion won ($30.6 million) from Upbit, South Korea's largest cryptocurrency platform.
https://en.yenisafak.com/world/north-koreas-lazarus-hackers-steal-30-million…
Officials accuse North Korea’s Lazarus of $30 million theft from crypto exchange https://therecord.media/officials-accuse-north-korea-hackers-of-attack-on-crypto-exchange
Nvidia says it will supply 260K of its most advanced AI chips to the South Korean government and major companies, including Samsung, Naver, and SK Group (Reuters)
https://www.reuters.com/business/media-telecom/nvidia-s…
North Korea on Thursday displayed apparent progress in the construction of a
nuclear-powered submarine,
with state media photos showing a largely completed hull,
as leader Kim Jong Un condemned rival South Korea’s push to acquire the technology.
North Korea’s official Korean Central News Agency said Kim visited a shipyard to inspect the construction of what the North describes as
an 8,700-ton-class nuclear-propelled submarine,
which the leader has called a…
"South Korea sets 3.5 million heat pump target in national decarbonization push"
#SouthKorea #Energy #HeatPumps
Samsung, up 125%, and SK Hynix, up 268%, accounted for nearly half of the 76% gain in South Korea's Kospi, the world's best-performing major stock index in 2025 (Youkyung Lee/Bloomberg)
https://www.bloomberg.com/news/articles/20
North Korean hacking group Lazarus is suspected to be behind a breach of around 45 billion won ($30.6m) in cryptocurrency from South Korea's largest crypto exchange Upbit. The group was suspected of stealing 58 billion won ($40m) worth of Ethereum from Upbit in 2019.
https://en.yna.co.kr/view/A…
Disney and CJ ENM's Tving partner to offer bundles that combine access to Disney , Tving, and South Korean streamer Wavve at discounted rates in South Korea (Patrick Brzeski/The Hollywood Reporter)
https://www.hollywoodreporter.com/business…
North Korean soldiers captured in Ukraine ask to be sent to South Korea: https://benborges.xyz/2025/12/25/north-korean-soldiers-captured-in.html
South Korea to require facial recognition for new mobile numbers https://therecord.media/south-korea-facial-recognition-phones
"New uses for everyday spaces: South Korea turns parking lots into solar power hubs"
#SouthKorea #SolarPower #Energy
Payments using facial recognition are growing in South Korea as the tech improves; South Korean fintech app Toss has scaled its "Facepay" service to 1M users (Nami Matsuura/Nikkei Asia)
https://asia.nikkei.com/business/techn
It’s apparent to anyone with a bit of education in technological history that this sort of thing must be possible. We have waste streams with higher concentrations of key elements than the "ore" we derive them from.
This is part of why I religiously recycle plastics even though right now they don’t really get recycled. At some point, the piles of unrecycled plastics will be a better raw material for new plastics than the dregs of petroleum we have left.
Congress moves to block Pentagon from cutting US troops in Europe and South Korea (Morgan Phillips/Fox News)
https://www.foxnews.com/politics/congress-moves-block-pentagon-from-cutting-us-troops-europe-south-korea
http://www.memeorandum.com/251208/p97#a251208p97
Naver agrees to acquire Dunamu, which runs South Korea's biggest crypto exchange Upbit, in a $10.3B all-stock deal; Upbit has 80% market share in South Korea (Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-26/naver-to…
🔋 LG Energy Solution To Sell Ohio Battery Facility To Honda For $2.85 Billion
https://oilprice.com/Latest-Energy-News/World-News/LG-Energy-Solution-To-Sell-Ohio-Battery-Facility-To-Honda-For-285-Billion.html
Chinese leader Xi Jinping,
who told Trump that Taiwan's "return to China" is a key part of Beijing's vision for the world order.
The call between Trump and Xi came weeks after the two leaders met in South Korea, where they agreed to a "framework" for a trade deal that has yet to be finalized
Samsung, SK Group, and others announce billions in domestic investment after US-South Korea trade deal; Samsung plans to invest $310B and SK Group pledged $88B (Kim Tong-Hyung/Associated Press)
https://apnews.com/article/south-korea-samsung-…
Big milestone for Australia's energy transition: Hanwha Energy just got approval for a massive 100 MW battery in southeast Queensland.
This isn't just storage—it'll capture surplus solar, power 15,000 homes during peak demand, and provide critical grid stability services.
A major step toward a more resilient, renewable-powered grid.
https://fortune.com/2025/12/10/coupang-ceo-resigns-south-korea-data-breach/
Wow
Coupang CEO resigns over historic South Korean data breach
SK Hynix announces a new US-based "AI Company" from a restructuring of its California-based subsidiary Solidigm, and commits at least $10B to the new entity (Dylan Butts/CNBC)
https://www.cnbc.com/2026/01/28/sk-hynix-ai-company-us.html
Good Morning #Canada
The month of December will typical put a dent in your paycheck, or January if you're using your credit cards, so it's tough to save any money. Canadians rank 21st worldwide with regards to how much of our salary we put into a savings account. According to World Population Review, we put away approximately 7% of our paycheck for a #RainyDay, far behind South Korea at 35%. I'm retired and therefore not a saver at this point, but even during my most successful earnings period I can't imagine I would have been able to put away a third of my salary.
I suspect the savings percentage is driven by a small group of high wage earners as individual Canadian debt has increased. According to Equifax, total consumer debt in Canada reached $2.56 trillion at the end of 2024, a 4.6 per cent increase over 2023.
#CanadaIsAwesome
https://www.equifax.ca/business/blog/all-news/-/story/stable-versus-struggling-canada-s-financial-divide-widens/
South Korea, the EU, the UK, Saudi Arabia, the UAE, and others aim to build "sovereign AI"; Gartner expects $1.5T in AI spending in 2025, up 50% from 2024 (Jiyoung Sohn/Wall Street Journal)
https://www.
"South Korea to stop breeding bears to extract their bile - but hundreds are still trapped in pens"
#SouthKorea #Bears #Animals
North Korea fires ballistic missiles as South Korean president visits China (Cassandra Buchman/Straight Arrow News)
https://san.com/cc/north-korea-fires-ballistic-missiles-as-south-korean-president-visits-china/
http://www.memeorandum.com/260104/p33#a260104p33
*waves* at @ukmcg.bsky.social #MuseTech25 folk from #FF2025 - it'd be lovely to see more museum presentations at #FF2026 - and the
Coupang says it is offering $1B in compensation to all 33.7M customers affected by South Korea's biggest-ever data breach, after an ex-staffer accessed data (Shinhye Kang/Bloomberg)
https://www.bloomberg.com/news/articles/20
South Korea’s government is mobilizing an all-hands response to a data breach at e-commerce giant Coupang. The CEO was forced to resign and might face charges.
When has any US company or CEO been held to this level of accountability for a breach?
https://www.koreaherald.com/article/1063937…
Two years ago, I was in South Korea—definitely the highlight of that year. The food was amazing, the winter vibes were perfect, and everything was so affordable.
But for a long time, I’d had Japan on my list. I’ve been checking plane tickets now and then, only to watch the prices climb higher by the minute. Even though flying to Tokyo is just an hour or two longer than flying to Seoul, it’s nearly twice as expensive. So, I decided to go back to South Korea instead.
This time, I’l…
Suspected ransomware attack threatens one of South Korea’s largest companies https://therecord.media/kyowon-group-south-korea-suspected-ransomware-attack
Pinkfong prices its South Korea IPO at ~$26 per share, valuing the company behind Baby Shark Dance, YouTube's most-watched video with 16.4B views, at ~$375M (Wall Street Journal)
https://www.wsj.com/tech/the-worlds-most-watched-youtube-…
U.S. plans to ask visitors to disclose 5 years of social media history
The proposal would affect travelers from countries on the visa waiver program,
including Australia, Britain, France, Germany, Israel, Japan and South Korea
https://www.washingtonpost.com/immigration
SK Hynix reports Q4 revenue up 66% YoY to $23B, above ~$22.4B est., and operating profit up 137% YoY to $13.3B, both company records, driven by AI HBM demand (Dylan Butts/CNBC)
https://www.cnbc.com/2026/01/28/sk-hynix-smashes-…
https://www.nytimes.com/2025/11/02/world/asia/xi-jinping-china-south-korea-spying.html
“You can check if there’s a backdoor.” What a knee slapper.
That Time When China’s Leader Joked About Espionage
South Korea enacts the AI Basic Act, which it says includes the world's first comprehensive set of laws regulating AI, as startups warn of compliance burdens (Kyu-Seok Shim/Reuters)
https://www.reuters.com/world/asia-pacific<…
Chip companies in South Korea, Taiwan, and China have been raising pay and bonuses as global competition intensifies for a limited pool of chip engineers (June Yoon/Financial Times)
https://on.ft.com/3K5zVj1
South Korean police arrest four over hacking 120K home security cameras, whose footage was used to make sexually exploitative material; one person made ~$12K (John Yoon/New York Times)
https://www.nytimes.com/2025/12/02/world/asia/south-korea-cameras-hacked.html…
A look at South Korea's Independent AI Foundation Model competition, which aims to find the best homegrown AI models, in a bid to compete with the US and China (Yoolim Lee/Bloomberg)
https://www.bloomberg.com/news/features/20
https://www.koreaherald.com/article/10612803
NK hackers hijack Google, KakaoTalk accounts to control phones: report
Over the past month, the US paused talks on a tech pact with the UK, canceled a South Korea trade meeting, and threatened the EU over Big Tech regulations (Politico)
https://www.politico.com/news/2025/12/23/trump-administra…
Sources: South Korean antitrust officials visited Arm's Seoul offices as part of ongoing scrutiny of its licensing practices, following Qualcomm's complaint (Josh Sisco/Bloomberg)
https://www.bloomberg.com/news/articles/20
At 1:09 a.m. EDT on November 2,
SpaceX launched a Falcon 9 rocket from Cape Canaveral, carrying Haven Demo and 17 other satellites,
including ones that will be operated by South Korea's Agency for Defense Development (ADD),
the Berlin-based company Exolaunch,
Turkey's Fergani Space,
and U.S. weather-forecasting outfit Tomorrow Companies,
and Starcloud, which carried an NVIDIA H100 AI chip to see if it’s possible to build an artificial intelligence-…
South Korea's Kospi stock index breaks through the record 5,000 level, driven by chip stocks, led by Samsung, up ~3X, and SK Hynix, up ~4x, in the past year (Daniel Tudor/Financial Times)
https://www.ft.com/content/238f5fd4-e8f6-4eb0-9e3d-78066d6ccbe8
South Korea's KT Corp. launches a sovereign cloud for Korean enterprises built on Azure, with encrypted in-memory computing and strict local data governance (Jie Ye-eun/The Korea Herald)
https://www.koreaherald.com/article/10614445
SK Hynix will invest ~$12.9B to build an advanced chip packaging plant in South Korea to meet rising memory chip demand, targeting completion by the end of 2027 (Reuters)
https://www.reuters.com/world/asia-pacific/sk-hynix…
Trade data shows South Korea's chip exports rose 38.5% YoY to a record $17.26B in November, driven by strong data center demand and higher memory prices (Reuters)
https://www.reuters.com/world/asia-pacific/south-korea-…
An investor group and AI developer Voltai plan to use AI to design, build, and run a 3GW data center in South Korea, set to cost up to $35B and open in 2028 (Jiyoung Sohn/Wall Street Journal)
https://www.wsj.com/tech/a-…
VC fund a16z crypto says it is expanding to Asia and opening an office in Seoul, calling South Korea the world's second-largest crypto market (Sam Reynolds/CoinDesk)
https://www.coindesk.com/business/2025/12/10/a16z-cryp…
South Korea dropped Naver's and NCSoft's teams from its competition to develop its first sovereign AI model, as LG's, SK Telecom's, and Upstage's teams advanced (Yoolim Lee/Bloomberg)
https://www.bloomberg.com/news/articles/20
Coupang CEO Park Dae-jun resigns after the company incurred South Korea's largest-ever data breach, in which the personal data of 30M people was compromised (Mark Anderson/Bloomberg)
https://www.bloomberg.com/news/articles/20
In South Korea's competition to develop an indigenous AI model, three of the five finalists used foreign open-source code, which they argue is practical (Jiyoung Sohn/Wall Street Journal)
https://www.wsj.com/tech/ai/…
South Korea says it has signed an MOU with Arm to strengthen its chip and AI sectors, including a program to train ~1,400 high-level chip design specialists (Reuters)
https://www.reuters.com/business/media-telecom/softban…
Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake (Atharva Singh/Reuters)
https://www.reuters.com/world/asia-pacific
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)
https://www.bloomberg.com/news/articles/20
OpenAI is piloting group chats in ChatGPT in Japan, New Zealand, South Korea, and Taiwan; up to 20 users can be invited to prompt ChatGPT in a shared space (OpenAI)
https://openai.com/index/group-chats-in-chatgpt
Xi Jinping joked about security backdoors when presenting South Korean President Lee Jae Myung with Xiaomi smartphones at APEC, amid US concerns about Huawei (Bloomberg)
https://www.bloomberg.com/news/articles/2025-11-03/xi-…
Samsung says the Galaxy Z TriFold will go on sale in South Korea on December 12 for ~$2,440, in China this year, and in the US as early as Q1 2026 (Heekyong Yang/Reuters)
https://www.reuters.com/business/media-telec…
Oxford Economics: the AI boom is lifting global trade, with ~60% of US data center capex spent on imported IT gear, mainly from Taiwan, South Korea, and Vietnam (Akash Sriram/Reuters)
https://www.reuters.com/legal/transactional/great-ai-buildou…