The investment platform OurCrowd, the most active venture capital investment body in Israel, was chosen by the South Korean government to manage a bi-national investment fund that will invest in startups in both countries. The fundraising goal of the binational fund is $80 million, with $48 million already raised by the fund’s Korean partners: …
In an accompanying statement, the cyberspace commission – Beijing’s top internet watchdog – identified the plan’s main challenges as ineffective application of existing standards in the bureaucracy, as well as a need to build China’s global standing. “There is a lack of coordination across departments, and issues such as missing, misplaced and conflicting standards have …
At CES 2024, Samsung unveiled the company’s 2024 lineup of Bespoke AI home appliances. Among those products was the new Bespoke AI Family Hub refrigerator. Last month, the company launched it in many regions around the globe. However, Samsung’s home country, South Korea, wasn’t on the list. Well, that’s changing today. Samsung has launched the …
On April 10, South Korea held its 22nd National Assembly elections, which resulted in the Democratic Party (DP) winning 175 out of 300 seats and the ruling People Power Party (PPP) winning 108. The voter turnout of 67 percent was the highest in 32 years. Various concerns surfaced prior to the election, including traditional concerns …
SEOUL: North Korean hackers stole sensitive data, including individuals’ financial records, from a South Korean court computer network over two years, Seoul police said on Saturday (May 11). The nuclear-armed North is known to operate an army of thousands of hackers operating both inside the largely isolated country and apparently overseas, and has been blamed …
South Korean Defence Minister Shin Won-sik speaks during a meeting with Australian officials in Melbourne on May 1. Photo: AP South Korea was next to rock the boat, with its Defence Minister Shin Won-sik saying on May 1 that the possibility of sharing advanced military technology with Aukus members had been discussed during two days …
A few days ago, Samsung released the One UI 6.1 update to the Galaxy S21 and S22, along with its older foldable devices. However, due to a major software bug, Samsung had to stop the rollout of the update to the Galaxy S22 series. However, the company has now resumed the update. Galaxy S22 One …
Image Credits: Chung Sung-Jun / Getty Images Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire Sonio, a Paris-based startup that makes AI-powered software for ultrasound workflows, for about $92.7 million (KRW 126 billion). The French startup’s AI assistant is aimed …
(Bloomberg) — Naver Corp., South Korea’s biggest internet company, is reviewing options for its holding in the operator of Japan’s most popular messaging app following pressure from Tokyo. Most Read from Bloomberg The company hasn’t determined its stance on its stake in LY Corp., Chief Executive Officer Choi Soo-yeon said on an earnings conference call …
CLN KraneShares Key News Asian equities had a strong day, with Japan, Hong Kong, South Korea, and Taiwan posting +2% returns, with Australia the only market down overnight. Hong Kong had a strong night led higher by internet stocks on a strong volume of 133% of the 1-year average and strong breadth with 410 advancers …