Naver, Kakao competition in global webtoon market intensifies with acquisition of foreign firms
Jun 14, 2021 09:41 am UTC| Business Economy
Naver and Kakao are two South Korean companies that have their own digital comics platform. The two are very successful in this field but as they go on with their respective businesses, their rivalry is just getting more...
Coupang takes the plunge into live e-commerce business
Jun 14, 2021 09:27 am UTC| Business Economy
Coupang is diving into a new form of e-commerce business and this venture is set to begin in July. it was reported that the company will begin its own live selling platform to market products in real-time through video...
CJ ENM withdraws favorite channels from LG Uplus Mobile TV
Jun 14, 2021 08:08 am UTC| Business Economy
CJ ENM reportedly stopped the broadcast of its 10 channels on LG Uplus Mobile TV, the telecom companys video service. It was reported that the Seoul-based entertainment and mass media company withdrew its channels on...
Kakao Entertainment continues to expand with strategic acquisitions in S. Korea and overseas
Jun 14, 2021 07:17 am UTC| Business Economy
Kakao Entertainment is getting bigger and bigger as it continues to acquire and merge with entertainment companies in S. Korea and overseas. Apparently, this is a strategic move to expand its business in the global...
Samsung stops production of unreleased smartphone due to chip shortage: Report
Jun 14, 2021 05:17 am UTC| Business Economy
Samsung Electronics reportedly halted the production of its unreleased mobile phone due to a chip shortage. It was said to be one of the brands mid-range phones that are scheduled to be launched in the market this...
Japan to probe Google, Apple over antitrust issues
Jun 12, 2021 15:21 pm UTC| Economy Technology
Japan will investigate as early as this month whether Google and Apple forced smartphone manufacturers to install their apps and services as a condition for providing the operating software. Officials will question...
Hyundai to showcase hydrogen fuel cell system in world’s first touring race for EVs
Jun 12, 2021 13:49 pm UTC| Economy Sports Business
Hyundai Motor Group will showcase its HTWO fuel cell power generators when it competes at the Electric Touring Car Racing (ETCR) in Vallelunga, Italy, from June 18 to 20. The South Korean carmaker will field its racing...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects