
New law to protect commercial value of celebrities' names and images
Nov 30, 2021 22:52 pm UTC| Law Economy Business
A new law gives public figures the right to demand reparations if they suffer financial damage when someone is illegally using their name or pictures. According to the Korean Intellectual Property Office (KIPO), the new...

Adidas 'Home Alone' to brighten holidays for sneaker, movie enthusiasts
Nov 30, 2021 22:52 pm UTC| Life Economy Business
Sneaker enthusiasts could celebrate the festive season with a pair of Adidas Forum Low from the classic Christmas classic movie Home Alone, set for a wider release following its December 1 drop. The retail price is...

Manchester City explores metaverse in partnership with Sony
Nov 30, 2021 22:51 pm UTC| Sports Technology Economy Business
English soccer champions Manchester City FC have engaged Japanese conglomerate Sony Corporation in a global partnership to develop new digital fan experiences, mainly on metaverse. Both parties would create a global...

UK economy could get $5.3 billion boost from hosting major sports events: report
Nov 30, 2021 22:51 pm UTC| Sports Economy Business
The UKs economy could get a US$5.3 billion boost through soft power, trade and investment benefit by hosting major sports events over the next decade, according to a report by Ernst Young. UK Sport and the City of...

Ex-Disney CEO Bob Iger interested in buying NBA team Phoenix Suns
Nov 30, 2021 22:46 pm UTC| Economy Business Sports
Former Disney chief executive Bob Iger expressed interest in buying the National Basketball Associations (NBA) Phoenix Suns, if the NBA franchise becomes available. The ongoing investigation of Suns incumbent majority...

Korea Communications Commission hints action against Netflix
Nov 30, 2021 22:23 pm UTC| Economy Business Law
South Koreas broadcasting and telecom regulator Korea Communications Commission (KCC), implied willingness to work with its overseas counterparts in getting content providers such as Netflix to pay network fees. Netflix...

South Korean legislators seek delay of crypto tax imposition
Nov 30, 2021 19:34 pm UTC| Digital Currency Economy Business
South Korean parliament is taking steps to suspend a planned 20 percent tax on annual profits from digital asset investments exceeding 2.5 million won for another year. The government planned to begin taxing on Jan. 1,...