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Saturday, November 9, 2024

BUSINESS

HYBE asks regulator to investigate purchase of SM shares

HYBE requested Korea's financial regulator to investigate what it calls the “abnormal” purchase of SM Entertainment’s shares. HYBE petitioned the Financial Supervisory Service (FSS) on...

LG Electronics providing free laundry services for earthquake-devastated regions of Turkey

LG Electronics is providing free laundry services for the people in the earthquake-devastated regions of Turkey. LG Electronics announced on Friday that it opened free laundry...

HYBE slams SM Entertainment, Kakao for ‘unfair’ contract

HYBE, the biggest shareholder of SM Entertainment, blamed SM Entertainment and Kakao for forming what it called an unfair contract that favors Kakao over...

HYBE becomes SM Entertainment’s No. 1 shareholder

HYBE became the largest shareholder of SM Entertainment on Thursday as a hearing to stop SM Entertainment from selling stock to Kakao was held...

An embattled SM Entertainment delivers ‘SM 3.0’

SM Entertainment says that removing founder Lee Soo-man from the production process will increase revenue by 134 percent by 2025. The K-pop agency, which is...

Lee Sung-su to not run for CEO in SM Entertainment shareholders meeting

SM Entertainment co-CEO Lee Sung-su will not be running as CEO of the company again in the upcoming shareholders meeting, he said on Friday...

Galaxy S23 has more recycled material than S22: Samsung

The Samsung Electronics Galaxy S23 has more recycled components than any of its predecessors, according to the smartphone maker. It is the first time that...

As AI war rages, Korea seeks a place among giants

Google CEO Sundar Pichai Amid the accelerated rivalry for artificial intelligence (AI) leadership between Microsoft and Google, Korea's tech companies are eyeing...

ChatGPT raises many questions related to ethics and IP

ChatGPT, an advanced chatbot system developed by OpenAI, could create risks, ranging from those related to intellectual property to those related to ethics. One of...

Korean companies offer money, donations to earthquake-hit Turkey, Syria

Korean companies are sending donations and equipment to Turkey and Syria as part of emergency relief efforts following a massive earthquake that resulted in...