LG announces free Apple TV+ streaming service to LG Smart TV owners
Nov 03, 2021 06:31 am UTC| Business Economy
LG Electronics announced it would be offering a free Apple TV+ streaming service to people who own an LG Smart TV. The promo was unveiled ahead of the Apple TV+ launch that was scheduled for Nov. 4 in South Korea. LG...
Hershey enjoys 6.3% sales growth in 3Q due to high comfort food demand
Nov 02, 2021 23:43 pm UTC| Economy Business Life
The Hershey Co. enjoyed an on-year sales growth of 6.3 percent in its third-quarter to $2.36 billion amid high demand for comfort foods during the pandemic. While net income dropped slightly in the quarter, from $447...
S. Korea's ruling Democratic Party eyes postponement of virtual asset taxation
Nov 02, 2021 23:42 pm UTC| Law Digital Currency Economy
South Korea should postpone the planned virtual asset taxation to 2023 as there are no related laws regarding virtual assets, says Rep. Kim Byung-wook of South Koreas ruling Democratic Party (DP) The country plans to...
Kobe Bryant leads athlete payouts at $400 million in BodyArmor sale to Coke
Nov 02, 2021 23:42 pm UTC| Sports Economy
The late Kobe Bryants estate is expected to receive more than $400 million from Coca-Colas acquisition of 85 percent of sports drink BodyArmor in a deal that values the company at $8 billion. The Lakers icon was among...
Coupang accused of negligence and selling over a decade-old expired cooking oil
Nov 02, 2021 10:07 am UTC| Business Economy
Coupang has been trending in South Korea after a customer uploaded photos of the cooking oil she purchased at the e-commerce store. As her story spread, the largest online retailer in the country has been criticized for...
Amazon seeking approval to launch its own internet satellites in 2022
Nov 02, 2021 07:21 am UTC| Business Economy
Amazon is planning to launch and operate its own internet satellites next year, and it has already asked the U.S. Federal Communications Commission for approval. The e-commerce and tech company is applying for two...
KT Telecom is paying ₩35 to ₩40 billion for massive network outage
Nov 02, 2021 06:25 am UTC| Business Economy
KT Telecom is set to pay its subscribers as compensation for the massive network outage last week. The company will have to shell out from ₩35 to ₩40 billion or $29 to $33 million for this issue. As per The Korea...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight