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South Korean media: Samsung Electronics plans to launch a shareholder return program of about 150 trillion won

On August 20, according to the Korea Economic Daily, Samsung Electronics plans to announce a shareholder return plan worth approximately 150 trillion won this month, exceeding the previously reported amount of 100 trillion won. It is expected to include measures such as stock buybacks and special dividends, potentially setting a new historical high for listed companies in South Korea. Industry insiders revealed that Samsung Electronics plans to hold a board meeting this month to review the relevant proposals. Earlier, the market had anticipated that the return scale could reach as high as 200 trillion won, but considering the company's basic principle of using 50% of free cash flow (FCF) for shareholder returns, the final scale is expected to be between 150 trillion and 160 trillion won.Samsung Electronics executives stated that with the recovery of the memory chip industry, the company's cash generation ability has significantly improved. Brokerages expect Samsung Electronics' total free cash flow for this year to be approximately 263 trillion won, and the cumulative free cash flow during the shareholder return policy period from 2024 to 2026 is expected to be around 319 trillion won. Based on a 50% return ratio, the total return funds are about 160 trillion won. After deducting the 39.1 trillion won already executed and planned for execution, the remaining funds are close to 120 trillion won.The market expects that Samsung Electronics may use the remaining funds to add a large-scale special dividend in addition to maintaining the regular dividend of 1,668 won per share each year, and to promote large-scale stock buybacks. Industry insiders indicate that following SK Hynix, Samsung Electronics' launch of a large-scale shareholder return plan may become an important factor in driving the valuation increase of the South Korean stock market.

first_img Blockchain.com has been approved to join Nigeria's SEC Accelerated Regulatory Incubation Program

According to Chainwire, global crypto platform Blockchain.com has been approved to join the Nigerian Securities and Exchange Commission (SEC) Accelerated Regulatory Incubation Program (ARIP). As a result, the company meets the SEC's preliminary participation requirements and can operate within the established sandbox framework, while continuously fulfilling compliance, testing parameters, and regulatory conditions. Through ARIP, Blockchain.com will work directly with the SEC to assess digital asset business models, test safeguards, and assist in refining the long-term regulatory framework. ARIP is aimed at virtual asset service providers and fintech innovators to evaluate emerging models, operational risks, and investor protection and anti-money laundering standards.Owen Odia, General Manager of Blockchain.com Africa, stated that Nigeria is one of the most important digital asset markets in Africa, and participating in ARIP is a significant step in the company's long-term commitment to the country, helping to introduce global experience in a controlled environment that supports a framework that protects consumers while encouraging responsible innovation. Over the past year, the company has obtained registration with the UK FCA, authorization under the EU MiCA framework, and a VASP license from the Cayman Islands CIMA. Founded in 2011, Blockchain.com serves over 70 jurisdictions, with more than 94 million wallets and 44 million confirmed accounts, processing over $1.1 trillion in crypto transactions.

X launches an original content reward program, the old revenue sharing plan will end on September 7

The X platform has announced the launch of the Original Content Rewards Program, aimed at rewarding creators who bring original perspectives, expertise, reporting, creativity, and commentary to the platform.X stated that, effective immediately, new users will no longer be able to join the original revenue sharing program. Existing revenue sharing program users can continue to earn revenue until September 7, during which three final payments will be made on August 14, August 28, and approximately September 11.Starting September 8, eligible existing creators can apply to join the new Original Content Rewards Program. The new program will distribute earnings based on the qualified exposure generated by the creator's original content, with rewards issued every two weeks, and the first payment expected to be issued on August 28.To apply for the Original Content Rewards Program, the following conditions must be met:Must be at least 18 years old;Reside in a country or region supported by the program;Account must be in good standing, with no multiple violations of revenue standards or service terms;Must have a personal or business account;Must subscribe to X Premium, Premium+, or Premium Business;Must have at least 500 verified followers;Must have achieved at least 500,000 impressions from verified users on the home timeline in the past 90 days (excluding reply impressions);Must continuously publish original content.

AMD launches enterprise-level AI programming platform Instinct Coder

AMD officially launched the on-premises AI programming platform AMD Instinct Coder for enterprises, integrating AMD EPYC processors, AMD Instinct GPUs, Supermicro AI servers, Spectro Cloud PaletteAI inference launch platform software, and the GLM-5.2 model optimized by AMD inference microservices, forming a comprehensive solution that is pre-integrated from hardware to software and can be quickly deployed.AMD stated that the total cost of ownership of this platform can reduce costs by up to 70% compared to using cloud-based cutting-edge models, with a capital recovery period as short as 6 months, directly addressing the two core pain points that enterprises commonly encounter in AI programming assistant pilots: the cost impact of cloud models and the data security risks of third-party services.Spectro Cloud's PaletteAI platform provides intelligent routing capabilities, allowing for strategic automatic switching between on-premises inference and cloud-based cutting-edge models from Anthropic, OpenAI, Google, and xAI, and is equipped with token quotas, audit tracking, and Grafana dashboards to visualize cost comparisons between on-premises and cloud environments, fully compatible with standard operating systems and Kubernetes. Each node can support up to 50 users and is compatible with mainstream development tools such as Claude Code, OpenAI Codex, Visual Studio Code, and Cursor.IDC executives commented that this platform "directly addresses the core needs of enterprises wanting AI programming productivity without the unpredictable cloud costs or risks of exposing source code." AMD's move shifts the AI programming assistant from a pure service model billed by usage to an infrastructure investment model with pre-planned costs.

Strategy to join the "Invest in America Business Commitment" program will contribute $250 annually to employees' children's Trump accounts

According to a report by businesswire, Strategy announced its participation in the "Invest in America Commitment" program, which will contribute $250 annually to the Trump account (i.e., 530A account) for each eligible American employee's minor child, regardless of the child's birth year.For children born on or after January 1, 2025, there will also be an additional one-time matching contribution of $1,000 in seed funding provided by the U.S. government.Phong Le, President and CEO of Strategy, stated, "The Trump account and the Invest in America initiative can build a stronger financial future for American children. The company will match the government's initial $1,000 contribution and provide additional annual contributions for eligible employees' children.These accounts can encourage financial education, long-term thinking, and the cultivation of a savings and investment culture from a young age—these goals are highly consistent with Strategy's values and optimistic vision for the future."The Trump account is a tax-deferred investment account for minors under the age of 18, with investment targets being low-fee U.S. index funds. Children born between 2025 and 2028 can receive a one-time $1,000 seed funding from the U.S. Treasury upon registration. Strategy's program will launch after the Treasury issues final guidance and the employer contribution infrastructure is online. The company has announced the plan to employees during internal quarterly meetings and will share registration details with eligible employees before the launch.

Telegram claims to have suffered from "de-listing extortion" attacks: the temporary removal of the app from the Apple App Store was caused by a user embedding prohibited content

Telegram founder and CEO Pavel Durov stated that Telegram was briefly removed from the App Store by Apple recently due to a user embedding illegal pornographic content in a public group. The app was restored within hours.Durov mentioned that the attackers exploited a technical vulnerability to insert AI-modified illegal content into old messages in active groups, hiding the content by editing historical messages, making it difficult for regular group members to discover and report it in a timely manner. Such attacks are classified as "takedown extortion," where attackers use automated accounts to embed violations in public groups and report them to platforms like Apple, attempting to force group administrators to pay a ransom, or else the community would be banned due to platform rules.Durov further explained that Telegram continuously combats illegal content through user reports, AI filtering, content hashing, and other mechanisms. This incident is not a systemic issue of the platform but rather a targeted attack exploiting rule loopholes by the attackers.He also warned that Apple's direct removal of the app without prior contact with Telegram could pose risks to all mobile applications that provide user-generated content (UGC), and platform developers need to enhance their defenses against malicious reporting and "takedown attacks."
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