
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...

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...

Ridesharing firm Uber resolves trademark dispute with NY-based Uber ad agency
Nov 29, 2021 19:55 pm UTC| Law Economy Business
New York marketing agency Uber Inc agreed to dismiss its trademark infringement claims in Manhattan federal court against rideshare company Uber Technologies and its advertising partner Adomni over plans to display ads on...

Seoul court rules in favor of Tesla in specifications upgrade lawsuit
Nov 29, 2021 14:57 pm UTC| Law Economy Business
The Seoul Central District Court ruled against customers who filed a lawsuit against the local unit of U.S. electric vehicle maker Tesla Inc., demanding reparations of 10 million won per person. The plaintiffs claim...

Customer in Indonesia threatens to sue KFC for deceptive chicken sandwich ad
Nov 26, 2021 22:35 pm UTC| Economy Business Law
A KFC store in Indonesia had agreed to settle allegations of deception by a customer through mediation and abide by his four demands, including the company feeding orphanages for a month. The customer Erwin Sandi...

California man sentenced to 3 years for operating unlicensed bitcoin exchange biz
Nov 21, 2021 21:03 pm UTC| Law Digital Currency Economy
Hugo Sergio Mejia of California has been sentenced to three years in federal prison for operating an unlicensed cryptocurrency exchange business that transacted $13 million worth of bitcoin and cash, often for drug...

Canadian teen arrested for allegedly stealing crypto worth $36 million
Nov 21, 2021 20:41 pm UTC| Digital Currency Law Economy
A teenager from Hamilton, Ontario has been arrested in Canada for allegedly stealing $36 million dollars worth of cryptocurrency, described as the largest crypto theft by a single person. The Canadian committed the...