Oracle and Tesla Drop 2%; Coupang Rises 3% on $1.18B Data Breach Compensation; DigitalBridge Soars 43% on SoftBank Deal Report

Tiger Newspress
2025/12/29

Some Big tech stocks dropped in premarket trading. Oracle and Tesla fell about 2%; Nvidia fell more than 1%.

Coupang shares gained 3% in premarket trading.

South Korean e-commerce company Coupang announced on Monday a compensation deal worth 1.69 trillion won ($1.18 billion) to holders of 33.7 million accounts for a massive data leak that triggered a backlash from users and lawmakers.

Coupang said customers will get company vouchers of 50,000 won each.

The plan comes a day after Coupang founder Kim Bom issued his first public apology for last month's data breach and pledged to expedite compensation measures. However, Kim has declined to attend parliamentary hearings scheduled for Tuesday and Wednesday, citing prior commitments.

DigitalBridge shares surged 42.7% in premarket trading.

SoftBank Group is in advanced talks to acquire DigitalBridge Group, a private equity firm that invests in assets such as data centers, according to people with knowledge of the matter, Bloomberg reported.

The Japanese conglomerate could announce an agreement as soon as Monday for New York-listed DigitalBridge, the people said, asking not to be identified because the information is private. Terms of the transaction, part of SoftBank’s campaign to take advantage of an AI-driven boom in digital infrastructure, couldn’t be learned.

A final agreement hasn’t been reached and details, including the timing, could still change, the people said.

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