LG vowed to create more jobs and hire over 30,000 young jobseekers in South Korea
Oct 22, 2021 08:46 am UTC| Business Economy
LG Group recently made a pledge to generate thousands of new jobs and hire young people in the next three years. The company said on Thursday, Oct. 21, it will be creating more than 30,000 job posts and welcome more...
Google shaves Play Store fees following pressure from lawmakers
Oct 22, 2021 08:17 am UTC| Business Economy
Google is reducing its service fees in its Google Play app store, and the company made the announcement on Thursday, Oct. 21. The tech headquartered in Mountain View, California, made a move after facing criticisms and...
CJ ENM reportedly acquiring SM Entertainment and in the stage of finalizing deal
Oct 22, 2021 07:55 am UTC| Business Economy
CJ ENM, one of the most well-known entertainment companies in South Korea, is said to be buying SM Entertainment, another leading firm in the countrys entertainment business. Based on the recent reports, the acquisition...
Naver, Kakao seek network usage fees from Netflix
Oct 22, 2021 07:38 am UTC| Business Economy
Naver and Kakao are asking Netflix to pay them for the use of their network so it can provide service to its subscribers in South Korea. The local Korean companies want the American streaming giant to pay for internet...
Kellogg sued for alleged inaccurate claims on product's strawberry content
Oct 21, 2021 23:24 pm UTC| Law Business Economy
Kellogg has been sued for allegedly misleading consumers of its Frosted Strawberry Pop-Tarts as to the amount of strawberry filling in the product. According to plaintiff Anita Harris, who filed the lawsuit in the US...
US Treasury Dept says cryptocurrency challenges effect of sanctions
Oct 21, 2021 23:23 pm UTC| Digital Currency Economy
The US Department of the Treasury warned that the growing use of crypto assets and payments systems if left unchecked challenges the efficacy of American sanctions. To mitigate the said challenges and bolster the...
Iran prepares to pilot national cryptocurrency
Oct 21, 2021 23:23 pm UTC| Digital Currency Economy
Iran is preparing for the pilot phase of its digital currency project once the countrys Money and Credit Council approves, according to the Central Bank of Irans (CBI) newly-appointed Governor of the Ali Salehabadi....
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