Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
US Job Growth Seen Picking Up in July 
Heineken H1 Operating Profit Meets Forecast as Beer Volumes Beat Expectations 
SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
DoorDash Q2 Revenue Jumps 36% as Orders and DashPass Growth Drive Results 
US Stock Futures Rise as Markets Await July Payrolls Data 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
DBS Raises 2025 Outlook After Record Q2 Profit Driven by Wealth Management 
SK Telecom is entering the American broadcasting market by selling its next-generation broadcast solution that was built with mobile edge computing (MEC) technology to the Maryland-headquartered telecom and media company, Sinclair Broadcast Group Inc.
SK Telecom said on Tuesday, April 18, that it would provide the latest broadcast solutions to Sinclair Broadcast Group, a leading provider of local and sports news coverage in the United States. As per The Korea Herald, the South Korean telecom firm will furnish the latter with a form of Petasus Media that fuses CAST.ERA’s media applications.
CAST.ERA is Sinclair and SKT’s joint venture project that integrates telecom with media broadcasting tech development. On the other hand, MEC is the real-time processing of big amounts of data by devices and applications instead of a centralized data hub.
Using the MEC technology, SK Telecom created Petasus Media which combines SKT’s Media Edge Platform (MEC solution) and Dell’s PowerEdge servers. This allows central broadcasting systems to run local stations via cloud-based virtualization of the broadcast transmission base.
In the past, most broadcasters must buy and install new transmission equipment to add new features or amplify program streams. Today, with the availability of Petasus Media, new applications can now be remotely installed in the cloud of local stations from a central station. This system not only improves operational efficiency but lowers equipment costs as well.
“Through cooperation with Sinclair, a leading broadcasting company in North America, and Dell Technologies, which has a strong global sales network, we will drive next-generation broadcasting service innovation in the global market, starting with the U.S,” SK Telecom’s chief development officer, Ha Min Yong, said in a press release.
Sinclair Broadcast Group’s president of technology, Del Parks, also commented, “Working with our SKT and CAST.ERA partners to build a state-of-the-art technology platform will provide exciting new business opportunities for the broadcast industry.”
Finally, Kevin Gage, the chief operating officer of CAST.ERA stated that the launch of the Petasus Media platform would definitely speed up the introduction of new ATSC 3.0 services in both South Korea and the U.S.
