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News
South Korea's LG Uplus Ramps Up AI-Powered Blocking of 'Zombie Phone' Malware Ahead of Chuseok — BigGo Finance
8+ hour, 57+ min ago (679+ words) South Korea's LG Uplus is launching a 24-hour special response operation centered on its AI-based customer harm prevention analysis system (Secure.AI+) ahead of the Chuseok holiday. The company will operate a dedicated monitoring team at its Magok office through…...
South Korean Prosecutors Summon MBK Partners Chairman Kim Byung-ju Again Over Homeplus Fraud Allegations — BigGo Finance
9+ hour, 57+ min ago (645+ words) South Korean prosecutors have re-summoned MBK Partners Chairman Kim Byung-ju for questioning over alleged bond fraud at Homeplus. This marks the first investigation since the case was reassigned to the Anti-Corruption Investigation Division 2 following the rejection of an arrest warrant…...
Crypto Lobbying Groups Seek Court Order to Halt Illinois Digital Asset Tax — BigGo Finance
3+ day, 16+ hour ago (759+ words) Two of the most prominent cryptocurrency trade organizations asked a state judge on Wednesday to prevent Illinois from enforcing its new tax on digital asset transactions, a levy they contend is unconstitutional and already forcing member companies to burn through…...
General Mills, Mars Join Antitrust Suit Claiming US Sugar Giants Shared Pricing Data — BigGo Finance
3+ day, 11+ hour ago (253+ words) Three major food manufacturers have joined a federal antitrust lawsuit alleging that the two companies dominating US sugar refining used a subscription data service to coordinate pricing and inflate costs for one of the most ubiquitous ingredients in American pantries....
Smilegate Founder Kwon Hyuk-bin Ordered to Transfer 35% Stake, $1.9 Billion to Ex-Wife in South Korea's Largest-Ever Divorce Settlement — BigGo Finance
4+ day, 3+ hour ago (487+ words) Seoul Family Court has ordered Kwon Hyuk-bin, founder and Chief Vision Officer of Smilegate, to transfer a 35% stake in Smilegate Holdings plus 65 billion won (approximately $48.7 million) in cash to his ex-wife, identified only by her surname Lee. The total award…...
Taiwan's Central Union Oil Food Safety Scandal Escalates: Taisun Enterprise Seeks NT$1 Billion in Damages from Four Supply Chain Partners — BigGo Finance
5+ day, 9+ hour ago (1026+ words) Taisun Enterprise filed a civil lawsuit on the 8th with the Taipei District Court through its attorneys against four companies—Central Union Oil, Fwusow Industry, Formosa Oilseed Processing, and Namchow Holdings—seeking NT$1 billion (approximately $31.8 million) in combined damages for product…...
Xu Xiang's Wenfeng Share Manipulation Case Upheld on Final Appeal; 58 Investors Awarded RMB 8.59 Million — BigGo Finance
5+ day, 20+ hour ago (458+ words) The Jiangsu Provincial High People's Court issued a second-instance ruling in the civil compensation lawsuit against Xu Xiang and Xu Changjiang for manipulating Wenfeng Co.'s share price, awarding 58 investors a total of RMB 8.5978 million (approximately $1.3 million), with Wenfeng Co....
China's Supreme People's Court Issues First AI Ruling Rules: Deepfakes, Voice Cloning, and Doxxing All Constitute Infringement — BigGo Finance
5+ day, 21+ hour ago (261+ words) During a press Q&A session, a responsible official from the relevant department of the Supreme People's Court stated that a tolerant yet prudent approach should be adopted to balance personality rights protection with AI industry development, but "tolerance does…...
North Korea's Kimsuky First Spotted Mass-Producing Malware with AI Coding Agent — BigGo Finance
6+ day, 8+ hour ago (393+ words) North Korea-linked hacking group Kimsuky has been confirmed for the first time by a South Korean security firm to be using an open-source AI coding agent as an attack tool. Unique traces left by the AI agent were discovered during…...
SEC Sues Proxy Adviser ISS to Enforce Subpoena in Escalating Oversight Push — BigGo Finance
6+ day, 15+ hour ago (560+ words) The Securities and Exchange Commission has gone to court to force Institutional Shareholder Services to hand over records tied to the proxy adviser's voting recommendations, a move that deepens the Trump administration's campaign to rein in firms that shape how…...