FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Winter Storm Devin Triggers Massive Flight Cancellations and Travel Disruptions Across the U.S. 
Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program 
Brazilian Oil Workers’ Strike Continues as Key Petrobras Union Rejects Proposal 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
Trump Administration Probes Corporate DEI Programs, Raising Questions for Google Stock 
China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
Leapmotor Targets 4 Million Annual EV Sales as Global Expansion Accelerates 
BlackRock-Backed Global Ports Deal Faces Uncertainty Amid Cosco Demands 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Winter Storm Disrupts Northeast Travel as Snow and Ice Blanket New York, New Jersey 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Wavve will invest one trillion won in producing original content by 2025 and allocate an additional sum to set up a production studio to oversee content planning and creation in the first half of this year.
The board of SK Telecom Co., the biggest shareholder of Wavve, approved an additional 100 billion won worth of rights offering for the OTT platform's expansion plans.
According to a Wavve official, they are aiming to elevate Korean media platforms' competitiveness through aggressive investments.
Wavve is also hoping to position itself as a global OTT service provider.
Global streaming giant Netflix has become the leading OTT platform in the country due to its original Korean content, such as Kingdom and Sweet Home. This year, Netflix plans to invest 550 billion won in producing original Korean content.
Domestic telecom giant KT Corp. also plans to spend billions of won over the next three years to create around 100 original series.
