Troubled broadcaster JTBC to select preferred bidder in January
Debt-ridden Korean broadcaster JTBC plans to select a preferred bidder in January, the company said Monday, putting up its official notice for the envisioned sale. The sale will be conducted through a...
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Woowa Brothers, Coupang face $465 mil. in fines for abusing delivery market dominance
Woowa Brothers and Coupang have been slapped with a combined 631.9 billion won ($465 million) in fines for abusing their dominant positions in Korea’s food delivery market by forcing affiliated restau...
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KT opens coveted gold-number lottery to customers across carriers
KT is opening its latest gold-number lottery to mobile phone users across Korea, giving customers of rival carriers and budget phone services a chance to secure sought-after numbers such as 1111, 1234...
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KT&G targets Central Asia with launch of FLEX in Kazakhstan
KT&G, Korea’s leading tobacco maker, is expanding its next-generation product footprint in Central Asia by launching its FLEX heated tobacco device and FAIIM sticks in Kazakhstan. The Korean tobacco c...
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Hansae Yes24 Foundation chairwoman honored for philanthropy
Cho Young-soo, chair emeritus of the Hansae Yes24 Foundation, has received a commendation from the Seoul mayor for her charitable donations and humanitarian work, the foundation said on Monday. The Ko...
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Preorders for smart glasses built by Samsung, Google to begin on Thursday
Preorders for new artificial intelligence (AI)-powered glasses developed in partnership between Samsung Electronics and Google will begin later this week, industry officials said Monday. The Intellige...
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S-Oil donates $73,000 to support low-income families
S-Oil said Monday it donated 100 million won ($73,000) to the Mapo Scholarship Foundation and the Mapo Welfare Foundation to support students from low-income families and promote community welfare. Th...
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LG AI Research opens K-EXAONE 2.5 API free of charge
LG AI Research, the artificial intelligence (AI) research arm of LG Group, opened the application programming interface (API) for its upgraded EXAONE 2.5 foundation model free of charge, reporting a p...
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Shinsegae brings Hyper Ground pop-up stores to Taiwan, Malaysia
Shinsegae Department Store will run pop-up stores in Taiwan and Malaysia for the first time under its Shinsegae Hyper Ground platform, expanding its overseas push after events in New York and Tokyo th...
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MoMA names Hyundai Card Vice Chairman Ted Chung honorary trustee
Hyundai Card Vice Chairman Ted Chung has been named an honorary trustee of the Museum of Modern Art (MoMA) in New York, the card issuer said Monday. The honorary title recognizes individuals who have ...
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