Oh Se-hoon Visits Site of Seosomun Overpass Collapse for Fourth Time Oh Se-hoon, the People Power Party candidate for Seoul Mayor, visited the site of the Seosomun overpass collapse on May 28, 2026, for the fourth time, urging for safety measures. This visit comes three days after he suspended his official campaign activities. On the morning of May 28, at 9 a.m., Oh visited the site of the overpass demolition accident in Migeun-dong, Seodaemun District. He met with Acting Mayor Kim Seong-bo and assessed the recovery efforts for 25 minutes, calling for active government support from the Minister of Land, Infrastructure and Transport. He also addressed the inconvenience caused to citizens due to debris falling onto the railway, stating, "Please ensure a swift reopening while managing the demolition site safely." This marks Oh's fourth visit to the accident site. Following the incident on May 26, he halted his campaign schedule and visited the site twice. He also made an unannounced visit on the morning of May 27. Meanwhile, Oh is expected to appear at a televised debate for mayoral candidates later that evening, marking his return to the public eye after three days.* This article has been translated by AI. 2026-05-28 10:30:51

Meta Begins Charging for AI Services, Starting at $7.99 per Month Meta has initiated the monetization of its artificial intelligence (AI) services. While a free version of Meta AI will continue to be available, users who heavily utilize image and video generation, as well as advanced reasoning features, will be charged. This move comes as the company seeks to expand its revenue sources amid increasing investment costs. According to reports from The Verge and others on May 27, Meta plans to test its dedicated paid AI products in Singapore, Guatemala, and Bolivia starting next month. The offerings include "Meta One Plus" and "Meta One Premium," priced at $7.99 and $19.99 per month, respectively. The free version will remain accessible, but there will be usage limits on advanced features such as image and video generation and complex question answering. Paid subscribers will have greater access to these functionalities. The company is also expanding its paid offerings for Facebook, Instagram, and WhatsApp. "Facebook Plus" and "Instagram Plus" will cost $3.99 per month, while "WhatsApp Plus" will be available for $2.99 per month. These subscriptions will include extended story exposure times, additional pinned chats, and premium stickers. Additionally, products aimed at creators and businesses are being introduced. The "Meta One Essential" subscription will be priced at $14.99 per month, while "Meta One Advanced" will cost $49.99 per month. These plans will offer features such as verification badges, enhanced search visibility, and the ability to include external links in posts and short videos. This shift towards monetization is closely tied to Meta's increasing investment burdens. According to Reuters, the company raised its capital expenditure forecast for 2026 from an estimated $115 billion to $135 billion to a new range of $125 billion to $145 billion during its first-quarter earnings report. As costs for data centers and computational infrastructure rise rapidly, investors are becoming more sensitive to the timing of returns on these investments.* This article has been translated by AI. 2026-05-28 10:30:22

Meta Begins Charging for AI Services with Subscriptions Starting at $7.99 Meta has initiated the monetization of its artificial intelligence (AI) services. While the free version of Meta AI will continue to be available, users who utilize advanced features such as image and video generation will be charged. This move comes as the company seeks to expand its revenue sources amid increasing investment costs. According to reports from The Verge and others on May 27, Meta plans to test its dedicated paid AI products, named 'Meta One Plus' and 'Meta One Premium,' starting next month in Singapore, Guatemala, and Bolivia. The subscription prices are set at $7.99 per month (approximately 12,000 won) and $19.99 per month (approximately 30,000 won), respectively. The free version will remain available, but there will be usage limits on advanced features such as image and video generation and complex question answering. Subscribers will have greater access to these capabilities. The company is also expanding its paid offerings for Facebook, Instagram, and WhatsApp. 'Facebook Plus' and 'Instagram Plus' will be priced at $3.99 per month (approximately 6,000 won), while 'WhatsApp Plus' will cost $2.99 per month (approximately 4,500 won). These subscriptions will include benefits such as extended story exposure time, additional pinned chats, and premium stickers. Additionally, products aimed at creators and businesses are being introduced, including 'Meta One Essential' for $14.99 per month (approximately 22,000 won) and 'Meta One Advanced' for $49.99 per month (approximately 75,000 won). These will offer features like verification badges, enhanced search visibility, and the ability to include external links in posts and short videos. This monetization strategy is closely tied to Meta's increasing investment burdens. According to Reuters, the company raised its capital expenditure forecast for 2026 from $115 billion to $135 billion to a new range of $125 billion to $145 billion during its first-quarter earnings report. As costs for data centers and computational infrastructure rise rapidly, investors are becoming more sensitive to the timing of returns on these investments.* This article has been translated by AI. 2026-05-28 10:30:00

LG Energy Solution Shares Surge 11% After $1.6 Billion ESS Supply Deal LG Energy Solution's shares have surged following the announcement of a significant energy storage system (ESS) battery supply contract with a major U.S. energy company. As of 10 a.m. on May 28, LG Energy Solution's stock was trading at 425,500 won, up 42,000 won (10.95%) from the previous trading day, according to the Korea Exchange. The company announced it has signed a contract with DTE Energy, Michigan's largest integrated energy company, for the supply of ESS batteries totaling 6 gigawatt-hours (GWh). The contract is valued at $1.6 billion (approximately 2.4 trillion won). DTE Energy, headquartered in Detroit, Michigan, plans to use this contract to support eight key power grid projects, including the Oracle AI data center project being developed in Saline Township, Michigan. With growing expectations for the North American ESS market driven by the expansion of AI data centers and increasing demand for renewable energy, investors have reacted positively to LG Energy Solution securing a major utility customer. Analysts suggest that the production of these batteries will primarily take place at the company's facility in Holland, Michigan, enhancing its local supply chain competitiveness.* This article has been translated by AI. 2026-05-28 10:27:53

LG Energy Solution Shares Surge 11% on $1.6 Billion ESS Supply Deal LG Energy Solution's shares have surged following the announcement of a significant energy storage system (ESS) battery supply contract with a major U.S. energy company. As of 10 a.m. on May 28, LG Energy Solution's stock was trading at 425,500 won, up 42,000 won (10.95%) from the previous trading day, according to the Korea Exchange. The company revealed that it has signed a contract with DTE Energy, Michigan's largest integrated energy company, for the supply of ESS batteries totaling 6 gigawatt-hours (GWh). The contract is valued at $1.6 billion (approximately 2.4 trillion won). DTE Energy, headquartered in Detroit, Michigan, plans to use this contract to support eight key power grid projects, including the Oracle AI data center project being developed in Saline Township, Michigan. With increasing demand for AI data centers and renewable energy integration, there is growing optimism about the North American ESS market. Investors view LG Energy Solution's acquisition of a large utility customer positively. Notably, the supply will be produced primarily at the company's facility in Holland, Michigan, enhancing its local supply chain competitiveness.* This article has been translated by AI. 2026-05-28 10:27:34

LG Energy Solution Shares Surge 11% Following $1.6 Billion ESS Supply Deal LG Energy Solution's shares have surged following the announcement of a substantial energy storage system (ESS) battery supply contract with a major U.S. energy company. As of 10 a.m. on the Korean Exchange, LG Energy Solution's stock rose by 42,000 won (10.95%) to 425,500 won compared to the previous trading day. The company announced that it has signed a contract with DTE Energy, Michigan's largest integrated energy company, for the supply of ESS batteries totaling 6 gigawatt-hours (GWh). The contract is valued at $1.6 billion (approximately 2.4 trillion won). DTE Energy, based in Detroit, Michigan, is a large power and energy company. The contract will support eight key power grid projects, including the Oracle AI data center project being developed in Saline Township, Michigan. With growing demand for AI data centers and renewable energy integration, expectations for growth in the North American ESS market are rising. Investors view LG Energy Solution's acquisition of a major utility customer positively. Notably, the supply will be produced primarily at the company's manufacturing facility in Holland, Michigan, enhancing its local supply chain competitiveness.* This article has been translated by AI. 2026-05-28 10:27:23

Explosions Reported Near Iranian Port City Amid U.S.-Iran Negotiations Reports have emerged of explosions in southern Iran near the strategic Hormuz Strait as U.S.-Iran negotiations for a ceasefire face significant challenges. According to local news outlets, including the Fars and Mehr news agencies, three explosions were heard around 1:30 a.m. local time on May 28, east of the southern port city of Bandar Abbas. Following the blasts, the air defense system in Bandar Abbas was reportedly activated for several minutes. Fars news agency also reported similar sounds in the areas surrounding Sirik and Jask, near the Hormuz Strait. Mehr news agency stated that the situation is currently under control and there is no cause for concern following the explosions east of Bandar Abbas. However, the exact locations and causes of the explosions have not yet been confirmed. Local media indicated that authorities are conducting investigations to determine the source and reason for the blasts. This marks the second instance of explosions being reported in southern Iran within two days. Previously, U.S. Central Command announced that it had conducted defensive strikes against Iranian military facilities and vessels threatening U.S. troops in the region. Iran had warned of immediate retaliation, but it remains unclear if any such actions have taken place. The recent explosions come as the U.S. and Iran continue to engage in tense negotiations over a memorandum of understanding aimed at achieving a ceasefire.* This article has been translated by AI. 2026-05-28 10:25:00

U.S. Military Strikes Iranian Military Facilities Near Hormuz Strait The U.S. military has reportedly conducted additional strikes on Iranian military facilities deemed a threat to U.S. and commercial maritime traffic in the Strait of Hormuz. Tensions in the area have escalated following local reports of explosions near the southern Iranian port city of Bandar Abbas. Reuters cited a U.S. official on May 27, who confirmed that the military targeted Iranian military sites in the Strait of Hormuz that posed a threat. The official, who spoke on condition of anonymity, also stated that U.S. forces intercepted and shot down several Iranian drones that posed similar threats. These reports emerged after Iranian media indicated that explosions were heard near the Strait of Hormuz. According to Iranian news agencies Fars and Mehr, three explosions were reported around 1:30 a.m. local time on May 28, east of Bandar Abbas. It was also reported that air defense systems were activated for several minutes following the explosions. Fars news agency noted that similar sounds were heard in the areas surrounding Sirik and Jask, which are near the strategic waterway. Mehr news agency reported that the situation was under control following the explosions and there was no cause for concern. However, local media have not confirmed the exact locations or causes of the explosions. Authorities are reportedly working to determine the source and cause of the sounds. The explosions in southern Iran come just two days after U.S. Central Command announced defensive strikes against Iranian military facilities and vessels that threatened U.S. forces in the region.* This article has been translated by AI. 2026-05-28 10:24:47

U.S. Military Strikes Additional Iranian Military Facilities Near Hormuz Strait U.S. military forces have reportedly targeted additional Iranian military facilities deemed a threat to U.S. and commercial maritime traffic in the Strait of Hormuz. This follows local reports of explosions near the southern Iranian port city of Bandar Abbas, heightening tensions in the region. Reuters, citing a U.S. official on May 27, reported that the military struck Iranian facilities identified as posing a threat in the Strait of Hormuz. The official, who spoke on condition of anonymity, also noted that U.S. forces intercepted and shot down several Iranian drones that posed similar threats. These reports emerged after Iranian media indicated that explosions were heard near the Strait of Hormuz. According to Iranian news agencies Fars and Mehr, three explosions were reported around 1:30 a.m. local time on May 28, east of Bandar Abbas. It was also reported that air defense systems were activated for several minutes following the blasts. Fars news agency mentioned that similar sounds were heard in the areas surrounding Sirik and Jask, which are near the strategically significant Strait of Hormuz. Mehr news agency stated that following the explosions east of Bandar Abbas, the situation is under control and there is no cause for concern. However, Iranian media have not confirmed the exact locations or causes of the explosions. Authorities are reportedly conducting investigations to determine the source and cause of the sounds. The explosions in southern Iran come two days after U.S. Central Command announced defensive strikes against Iranian military facilities and vessels that posed a threat to U.S. forces in the region.* This article has been translated by AI. 2026-05-28 10:24:33

U.S. Military Strikes Additional Iranian Military Facilities Near Hormuz Strait The U.S. military has reportedly struck additional Iranian military facilities deemed a threat to U.S. and commercial maritime traffic in the Strait of Hormuz. This follows local reports of explosions near the southern Iranian port city of Bandar Abbas, indicating heightened tensions in the region. Reuters, citing U.S. officials, reported on May 27 that the military targeted Iranian facilities identified as posing a threat in the Strait of Hormuz. An anonymous source stated that U.S. forces also intercepted and shot down several Iranian drones that posed similar threats. These reports emerged after Iranian media indicated that explosions were heard near the Strait of Hormuz. According to Iranian news agencies Fars and Mehr, three explosions were reported around 1:30 a.m. local time on May 28, east of Bandar Abbas, with air defense systems activated for several minutes thereafter. Fars reported similar sounds near the strategic waterways of Sirik and Jask, while Mehr stated that the situation is currently under control and there is no cause for concern following the explosions east of Bandar Abbas. However, local media have not confirmed the exact locations or causes of the explosions, and authorities are reportedly investigating the source and reasons behind them. The explosions in southern Iran come just two days after the U.S. Central Command announced defensive strikes against Iranian military facilities and vessels that threatened U.S. personnel in the region.* This article has been translated by AI. 2026-05-28 10:24:18