
South Korea keeping an eye on crypto exchanges as they face possible shutdown this week
Sep 13, 2021 09:10 am UTC| Business Digital Currency
South Korea has several cryptocurrency exchanges but some of them are at risk of being ordered to shut down as the deadline for registration is fast approaching. It was reported that the Korea Financial Intelligence Unit...

Nestlé, Starbucks broaden At Home product line with the launch of Starbucks Signature Chocolate
Sep 13, 2021 08:58 am UTC| Business Economy
Nestlé and Starbucks just expanded their collaboration by releasing a new product under their At Home coffee range. They announced the launch of the new Starbucks Signature Chocolate last weekend. According to...

Amazon, Google, Apple sued for alleged spying using Alexa, Google Assistant, and Siri
Sep 13, 2021 08:15 am UTC| Business Technology
Amazon, Google, and Apple are three of the United States leading tech companies and they were said to have been sued for a device they introduced to the market. The three created their own voice assistants that were all...

Walmart cancels quarterly bonuses as it imposes wage hike
Sep 13, 2021 07:41 am UTC| Business Economy
Walmart will be removing the companys quarterly bonus incentives as it imposes a wage hike for its employees. It was said that the retailer already started to implement the hourly salary increase of 75% of its workers in...

Lotte Shopping, IMM Private Equity to jointly acquire Hanssem
Sep 13, 2021 06:12 am UTC| Business Economy
Lotte Shopping will be buying Hanssem, a large Korean furniture company. The retail company was said to have been chosen by the private equity firm, IMM, to sign a joint deal for the purchase of a stake worth ₩1.5 trillion...

S. Korea's regulator to probe unfair biz activity by online platforms Naver, Kakao
Sep 10, 2021 23:46 pm UTC| Economy Business
South Koreas antitrust regulator will closely inspect unfair business activity by online platform giants Naver Corp. and Kakao Corp. amid their increased market dominance. There are increasing concerns that the online...

Hyundai to tap robot dog Spot as facility inspector, security guard in factories
Sep 10, 2021 23:44 pm UTC| Economy Business
Hyundai Motor Group is considering deploying the four-legged, dog-like robot developed by Boston Dynamics Inc. dubbed Spot as a facility safety inspector and security guard in its production lines. This was revealed by...