Kakaopay Sinks 17% as Authorities Flag Risks Tied to Stablecoin
The Korea Exchange suspended Thursday trading for the shares, saying the stock has been designated as an 'investment risk' that would warrant the halt. The stock was also suspended on Tuesday, following a roughly 50% ascent in the previous two sessions.
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What To Expect From Owens Corning's (OC) Q2 Earnings
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The Linux Foundation Marks 2025 Momentum of LF India with Expanding Ecosystem, Engaged Communities and AI-Fueled Innovation
LF India Welcomes New Foundations and Announces Enhanced Infrastructure Investment at Inaugural Open Source Summit India Event HYDERABAD, India, Aug. 4, 2025 /PRNewswire/ -- Open Source Summit India --One year after its inaugural launch at KubeCon + CloudNativeCon India, LF India celebrates its first year of open source investment, engagement, and momentum across the Indian technology ecosystem. Joined by new foundations including AgStack, LF AI & Data, FinOps Foundation, FINOS, O3DE, and OpenInfra Foundation, LF India is now home to over a dozen active sub-foundations supporting vertical industries and horizontal technologies in the region - from cloud and security to blockchain, AI, and manufacturing. LF India has played a critical role in supporting India's Digital Public Infrastructure (DPI) mission, which is built on the principle of open, accessible, and interoperable systems. Supported by the first five foundations to join - CNCF, LF Decentralized Trust, LF Edge, LF Networking, and OpenSSF - LF India has helped to accelerate shared development across telecommunications, finance, blockchain, energy, cloud, and cybersecurity verticals. Today, this focus is expanding with new foundations into LF India, signalling momentum across global economic drivers including artificial intelligence, agriculture, and manufacturing. "With a wealth of developer talent, investment in open source at the highest level of government and benefits of major economic impact, India is well positioned to be a leader in open source innovation," said Arpit Joshipura, Head of LF India. "LF India exists to further this mission through strategic membership growth, upstream contributions and community activation." Since its launch in December 2024, LF India has: Welcomed six new sub-foundations in 2025, including AgStack, LF AI & Data, FinOps Foundation, FINOS, O3DE, and OpenInfra Foundation. Promoted and supported developer days and events, including webinars, meetups, and India's first OpenSSF Community Day. Enabled new India-led open source contributions across decentralized identity, secure finance, and digital trust through LF Decentralized Trust. Supported rapid regional growth in Kubernetes and cloud-native adoption, reflected by 362 in-person meetups,188 virtual events, and 45 active CNCF chapters. Innovated in the Telecommunication space with 5G and AI through IOS-MCN project as well as the LFN platinum Member Infosys contribution of cutting edge AI projects - Essedum and Salus to the Linux Foundation. Participated in the publication of LF Decentralized Trust – India 2025 ebook and Webinar highlighting LF Decentralized Trust's local members and India Regional Chapter: India's leadership in decentralized technologies: Innovation, collaboration and real-world impact Expanded education access with targeted training and sandbox labs designed to upskill India's fast-growing developer community. From Consumption to Contribution: A Call to Action India now hosts over 17 million open source developers on GitHub, representing a 28% increase—the fastest globally. But while consumption of open source in India is booming, strategic influence and contribution remain uneven. Through investment in training and local events, and supporting India-specific priorities through upstream collaboration, LF India is bridging the gap between participation and leadership. "To help move India forward as a global leader in open source, we are investing in the full spectrum of open source innovation and expanding from our foundational work in digital public infrastructure to new frontiers like AI, agriculture, and manufacturing," continued Joshipura. "Over the next year, LF India will expand deeper into vertical industries and critical infrastructure to grow India's role as a global contributor and strategic influencer." To learn more about LF India, visit Supporting Quotes AgStack"With over 17% of its GDP from Agriculture, India's food production and supply-chains are a critical national asset. AgStack Foundation @ LF India can provide the open source digital infrastructure for the next wave of efficiency, resilience and innovation in Indian Agriculture - across asset management / finance, automation, equipment/IoT, inputs, trading and production/agronomy - making it a model for all developing nations in the world" - Sumer S Johal, Executive Director, AgStack FinOps"India is one of the most strategically important regions for the global FinOps community: which focuses on maximizing the business value of cloud, AI and related technologies," said J.R. Storment, Executive Director of FinOps Foundation. As part of our deepening commitment, we're thrilled to welcome Ishita Vyas, India Community Lead, to support regional efforts and champion growth. With upcoming events and training programs tailored for India, we're excited to engage this vibrant ecosystem and accelerate FinOps adoption where it's already thriving." FINOS"India's financial services sector is undergoing rapid digital transformation, creating unprecedented opportunities for open source collaboration in fintech," said Gabriele Columbro, Executive Director of FINOS. "The regulatory focus on digital payments infrastructure and open banking creates natural alignment with FINOS's mission to accelerate adoption of open source standards in financial services. We're particularly excited to work with India's fintech ecosystem to advance common standards around data sharing, compliance automation, and risk management—areas where open source collaboration can drive both innovation and regulatory certainty." LF AI & Data"India's vibrant AI and data ecosystem is fueling innovation at a global scale," said Mark Collier, general manager, AI & Infrastructure, at the Linux Foundation. "By joining LF India, LF AI & Data is deepening our commitment to regional collaboration and enabling developers, researchers, and organizations across India to actively shape the future of open source AI. We're excited to support local innovation while strengthening global impact." O3DE"In the last several years, there has been a huge growth of game developers, simulation engineers and visualization experts in India," said Joe Bryant, Executive Director of Open 3D Foundation. "Since launching in 2021, O3DE has seen an increase of interest from firms, educational institutions and film studios in this market. In fact, we are excited to welcome the Indian Institute of Technology Madras, which joined Open 3D Foundation as a member last month. We look forward to collaborating with them and LF India to continue expanding global contributions, adoption of O3DE and help us to better serve the needs of this community." OpenInfra Foundation"Over the past 15 years, the OpenInfra India community has been instrumental in making OpenStack the de facto open source cloud software through regional events, board representation and upstream contributions. From the local community's consistent ranking as a top five OpenStack contributor to increased adoption due to the evolving infrastructure requirements for 5G and 6G networks, digital sovereignty initiatives and AI, we anticipate significant open source growth from this region," said Jonathan Bryce, executive director of the OpenInfra Foundation. "We are excited to join other open source leaders to accelerate contribution, adoption and overall market momentum to fully realize the open source potential in India." About The Linux FoundationThe Linux Foundation is the world's leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world's infrastructure including Linux, Kubernetes, ONAP, OpenChain, OpenSSF, OpenStack, PyTorch, RISC-V, SPDX, Zephyr, and more. The Linux Foundation is focused on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: Linux is a registered trademark of Linus Torvalds. Media Contact:Natasha WoodsThe Linux Foundationpr@ View original content to download multimedia: SOURCE LF India
Yahoo
6 minutes ago
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Stock market today: Dow, S&P 500, Nasdaq futures make slight gains as Wall Street eyes earnings with trade tensions ahead
US stock futures held steady as Wall Street regained its balance after a tumultuous week and braced for the next wave of corporate earnings. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) ticked up 0.1%. Palantir (PLTR) stock rose in after-hours trading after the company's earnings report beat expectations and revealed its revenue had topped $1 billion in a quarter for the first time. On Monday, stocks sharply rebounded after tanking on Friday in the aftermath of a number of market-shaking events, including a weak jobs report, fresh tariffs, new signs of rising prices, and the firing of the commissioner of the Bureau of Labor Statistics. President Trump continued to amp up pressure on trade Monday, threatening to hike tariffs on India. Read more: The latest on Trump's tariffs Wall Street is now focused on the continuation of earnings season. On Tuesday, AMD (AMD) and Rivian (RIVN) are set to report their results. McDonald's (MCD) and Disney (DIS) earnings land Wednesday. However, another trade blow looms at the end of the week, with Trump's latest iteration of global tariffs set to take effect. Oil flattened from multi-day drop after Trump's India rebuke Oil prices steadied from a three-day decline following a ramping up of threats from Trump to India over the Asian nation's continued use of Russian crude. Bloomberg reports: Read more here. Oil flattened from multi-day drop after Trump's India rebuke Oil prices steadied from a three-day decline following a ramping up of threats from Trump to India over the Asian nation's continued use of Russian crude. Bloomberg reports: Read more here. Oil prices steadied from a three-day decline following a ramping up of threats from Trump to India over the Asian nation's continued use of Russian crude. Bloomberg reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
