SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns 
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates 
California Drivers Sue BP, Walmart, 7-Eleven Over Alleged AI Gas Price Fixing 
NTSB Investigates Boston Logan Airport Near-Miss Between Delta and American Airlines Jets 
Ryan Cohen Rejects GameStop Pay Package, Prepares New eBay Acquisition Plan 
NHTSA Investigates Fatal Tesla Model 3 Crash in Texas Amid Ongoing Autopilot and FSD Safety Scrutiny 
Apollo Debt Solutions Limits Redemptions as Withdrawal Requests Surge 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post 
JPMorgan Sees Strong Strategic Value in Potential AbbVie Acquisition of Apogee Therapeutics 
SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched 
Nissan Halts Electric Qashqai Development Amid EV Market Challenges 
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence 
SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples 
Meta Pauses Employee Activity Tracking Program Over Data Security Concerns 
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity 
Trump Says Anthropic No Longer Seen as National Security Threat 
SK Telecom, the prominent Korean mobile carrier, has announced its strategic alliance with leading information technology companies from three Southeast Asian nations to expand its metaverse business. The company revealed this development on Monday.
SK Telecom's Collaboration for Metaverse Expansion
Korea Times reported that to augment and refine the ifland platform in Southeast Asia, SK Telecom has entered into memoranda of understanding (MOUs) with Celcom Digi from Malaysia, Agate from Indonesia, and Cosmic Technologies from the Philippines. As per the company officials, this collaboration will enable SK Telecom to focus on delivering global services, while its partners will concentrate on developing locally customized content and extending support to local customers.
Since July, SK Telecom has been conducting localization tests for the ifland platform in the Southeast Asian market, according to Korea Bizwire. The company is currently actively developing Indonesian, Malaysian, and Hindi language services for the platform, along with a content curation service tailored to users from diverse regions.
The ifland metaverse service by SK Telecom was introduced across 49 countries in North America, Europe, Asia, and the Middle East last year.
Focus on Platform Enrichment and Service Customization
The platform currently supports three languages: English, Japanese, and Chinese. Furthermore, SK Telecom is working on introducing Indonesian, Malaysian, and Hindi language services to cater to a broader user base.
In its pursuit of global expansion, SK Telecom has formed partnerships with several international telecom companies for metaverse business ventures. Previous MOUs have been established with a telecom company in the United Arab Emirates, Singtel from Singapore, and NTT Docomo from Japan.
Additionally, SK Telecom is collaborating with BSRU (Bansomdejchaopraya Rajabhat University) from Thailand and Dong-Ah Institute of Media and Arts from Korea for a metaverse campus project in facilitating the sharing of online lectures in English, Thai, and Korean between these universities.
Photo: SK Telecom Press Release
