Adidas AG reported second-quarter revenue of 6.7 billion euros, a 14% increase excluding currency fluctuations, surpassing initial estimates. However, operating profit for the quarter was 574 million euros, a 5% rise that fell short of the projected 615.6 million euros. In separate news, South Korea's privacy regulator fined Korea Telecom (KT) 53.9 billion won (approximately $37.4 million) due to a significant data breach affecting over 16,000 users. AI
RANK_REASON The cluster contains financial results for a company that uses AI, and a regulatory fine against a telecom company for a data breach, neither of which are core AI news.
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