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Qoo10’s CEO pledges personal assets worth $58M to compensate Korean merchants affected by its liquidity crisis
During an emergency hearing held by the South Korean government, Young-bae Ku, Qoo10's founder said he would secure the amount over the next 30 days.
The U.S. Commerce Department today issued a report in support of “open-weight” generative AI models like Meta’s Llama 3.1, but recommended the government develop “new capabilities” to monitor these models… Shared micromobility giant Lime is piloting two new vehicles designed to appeal to women and older folks who might appreciate a lower step-through frame, smaller wheels and an upgrade from… As failed EV startup Fisker winds its way through bankruptcy, a persistent and tricky question has become a flashpoint of the proceedings: does its only secured lender, Heights Capital Management,…
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