FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Instagram Outage Disrupts Thousands of U.S. Users 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Meta and Seoul National University have jointly launched a research center in Seoul. The US-based tech firm that is formerly called Facebook set up the facility with the said university to research about the metaverse and the extended reality (XR) technology.
According to The Korea Herald, the new center has been named the XR Hub Korea, and it is part of Mark Zuckerberg company’s ”XR Program Research“ that was unveiled last year. This is a program where Meta collaborates with prestigious universities from around the world.
Since the launch of the XR Program Research, the Seoul National University has been part of it. Meta said that XR Hub Korea would help scholars form networks so they can host conferences, research presentations, and tech innovation competitions for startups and developers.
The extended reality hub in the land of Kpop will be a facility where Meta’s XR research activities in the entire Asia Pacific region are going to be carried out and managed. The American tech firm will also build an XR experience center inside the SNU Central Library. This will allow students to get first-hand experience of the research activities that the XR Hub Korea is hosting.
“I am even more excited about this collaboration as the Korean government’s active support and the industry’s high participation is allowing Korea to apply its technology to diverse areas and to prove its possibility to the world,” Vishal Shah, Meta’s vice president, said in a statement.
At any rate, the inauguration ceremony of the extended reality hub at SNU was originally planned to be held publicly at SNU’s faculty club. However, it was done privately instead, and event organizers explained the decision was made due to the recent plagiarism reports about Professor Yoon Sung Roh-led Artificial Intelligence (AI) research team at the university.
The Korea Joongang Daily reported that the hub in SNU is Meta’s second XR Hub in Asia. The company’s first center was opened in Taiwan in May. Meanwhile, experts from various reputable institutions and industries are expected to work together on the research related to innovation, economic benefits of the metaverse, cyber security, data, and privacy.
“It is a long road to build the metaverse, and how we build is as important as what we build,” the Meta VP further said. “It requires collaboration with policymakers, experts and industry partners to bring this to life.”
