Shinsegae Co., Ltd.

And I want to be fair here.

Shinsegae, the group that controls Starbucks Korea, says it found no evidence anybody did it on purpose.

Police opened an investigation, and in August they raided the headquarters.

We don't know what anybody intended.

And then,

the chairman.

Chung Yong-jin, the Shinsegae chairman.

A written apology on the 19th, then a televised one on the 26th, where he bows three times and says he'll take all responsibility, and he asks people to stop taking it out on the baristas.

According to the report, Reflection's goal is to build an AI factory, a system designed to help enterprises create their own AI systems based on Reflection's models.

Reflection is already piloting this approach, recently announcing a sovereign AI factory partnership with Shinsegae Group in South Korea, and sources said that Reflection held briefings in Washington last week to discuss the new models and this concept of AI factories.

They've certainly been securing a ton of compute in anticipation of this launch.

In addition to the multi-billion dollar SpaceX deal, Reflection has another billion dollars in contracts with Nebius.

Actor Lee Min-ho has pulled out of this year's Busan International Film Festival, with organisers cancelling his scheduled Actors' House event just days before it was set to happen.

The special programme was supposed to bring Lee Min-ho together with fellow stars Kim Go-eun, Kim Min-ha, Ru Seung-ryong, Joo Ji-hoon and Shin Min-ah for a fan meet at Busan's Shinsegae department store.

Festival organisers kept their explanation brief, simply citing unavoidable circumstances and asking for audience understanding, which has sparked plenty of speculation online.

Many believe the cancellation is tied to the ongoing controversy surrounding Lee Min-ho's film Assassins, a project centred on the 1974 shooting of First Lady Yuk Young-soo that has drawn criticism for allegedly distorting historical events by suggesting a political cover-up beyond the convicted shooter.

Industry Reaction leans toward reading this as buying demonstrated demand rather than formulation capability.

Also today, Korean retailer Shinsegae is making a run at the American beauty market.

WWD reports the department store operator will host a months-long pop-up in New York under its Hyper Ground banner, showcasing more than 30 K-beauty brands, most of which have not yet debuted at US retail.

For brands with no American distribution, that is, shelf space without a shelf commitment, and for buyers, it is one room in which to scout 30-plus lines at once.