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In an unconventional lifeline for Korea's traditional press, a diverse corporate coalition spanning tech, retail and entertainment has agreed to rescue JoongAng Ilbo, one of the nation’s most influential conservative daily newspapers. Under a 520 billion won ($388 million) conditional agreement approved Wednesday by the boards of Daou Technology, Saramin, CJ Corp. and Shinsegae, the newly injected capital will flow directly into the newspaper to clear its debts and pull the media outlet out of a creditor-led workout program it entered this summer. According to an assessment by Korea Investors Service (KIS), a Moody’s affiliate, the acquiring companies possess the financial capacity to comfortably fund the transaction. Under the agreed funding structure, Daou Technology will cover 36.5 percent of the total, or about 189.8 billion won, while CJ Corp. will contribute 35.7 percent, or 185.6 billion won. Shinsegae is participating alongside CJ as a financial investor with a 14.1 percent stake (73.3 billion won), and online job portal Saramin will provide 13.7 percent (71.2 billion won).

Korean sellers are finding new opportunities in the global collectibles market, as overseas buyers are willing to pay a premium for rare, hard-to-find items, with trading card sales by Korean sellers on eBay more than tripling year-on-year in the third quarter. EBay said Friday that Korean sellers in the Collectible Card Games Category saw the highest sales growth among all Korean sellers on the global e-commerce platform from July to September this year. Trading cards featuring characters, artists or celebrity athletes fueled platform users’ attraction toward the Korean resellers. The most popular trading cards featured characters from the globally popular animated franchise Pokemon and iconic League of Legends esports team T1. The top-selling item in the category was the 2026 KOREA MEGA FESTA Magikarp card, which also ranked ninth in overall sales among Korean sellers on eBay. The Riftbound X 2025 World Champion T1 Signature Edition Card fetched a premium even during prelaunch sales, demonstrating a global fandom around the product itself and the team represented by professional gam

The personal information of some 39,000 customers and employees has been leaked from Mirae Asset Securities Co., the securities firm said Saturday. Mirae Asset Securities, the country's leading brokerage house, said the account numbers of some 3,800 customers and the personal information of over 35,000 current and former employees, as well as contractors, were leaked. The Korean brokerage said unauthorized external access occurred Wednesday and Thursday, targeting its mobile web phone authentication login service and internal system, respectively. The leaked non-customer, corporate data included names, employee ID numbers, email addresses, mobile phone numbers and passwords. Mirae Asset said it immediately blocked the affected access routes after detecting suspicious activity from external IP addresses and activated its emergency response system. The company also said it reported the incident to the Financial Services Commission, the Financial Supervisory Service and the Personal Information Protection Commission. The data breach came days after its sister companies, including Mirae Asset

A planned visit to Korea by Madison Huang, a senior director at Nvidia Corp. and the daughter of CEO Jensen Huang, has been abruptly canceled, sources said Saturday. The younger Huang had planned to visit Korea on Sunday to attend the "Nvidia AI Day Seoul 2026" event, set for Monday and Tuesday at the COEX exhibition center in southern Seoul, and meet with Korean government officials. But her scheduled trip was abruptly called off due to family issues, the sources said, without disclosing details. Some industry observers speculate the cancellation may have been influenced by foreign news reports alleging that U.S. intelligence officials believe a woman who had a close relationship with Nvidia CEO Jensen Huang was a spy working for China. Despite Huang's absence, the Nvidia-hosted event is expected to be held as scheduled, according to the sources.

Unionized workers at Korean steelmaker POSCO on Saturday voted down a tentative wage agreement reached with management that includes a 2.6 percent increase in base pay, union officials said. The vote showed 51.69 percent of the unionized workers opposed the wage agreement, while 48.31 percent approved it, according to the union. The tentative wage deal includes a 2.6 percent hike in base pay, a one-off payment of 6 million won ($4,500) and improved benefits. The union had initially demanded a 7.1 percent increase in base pay, a performance bonus equivalent to 600 percent of base pay, 50 company shares per worker and a holiday bonus equivalent to 200 percent of base pay. "We will probably need to open renegotiations as there were many opposing votes," a union official said. The union and management reached a tentative wage agreement on Oct. 30 after holding about 30 rounds of talks since June. Unionized POSCO workers staged two rounds of partial strikes in September to demand higher wages and bonuses.

The driver’s seat was empty and the steering wheel was turning on its own. Sitting in the back of a Pony.ai robotaxi in Shenzhen, I felt a flicker of nervousness. But as the car glided into traffic, the initial unease gave way to an appreciation of something far less futuristic: the blissful absence of small talk with the driver. My test rides in two of China’s major tech hubs – with Pony.ai in Shenzhen and Baidu’s Apollo Go in Beijing – offered a first-hand experience of how autonomous vehicles...

Gamers are actually easy to please. In this guide, we give you probably the easiest demographic to please because what they want is pretty much straight to the point: video games and anything that supports the fandom. IKEA x XBOX Collection The IKEA and XBOX collaboration came from left field. Gamers in the Philippines are

Schools are scrambling after Google said Tuesday that education leaders need to either accept some AI in classrooms or lose access to its search engine. School officials trying to push back on an encroaching AI are in a bind. The tech giant dominates search online, and it didn't give much time for districts to...

Mirae Asset Securities Co. said Saturday that it suffered cyberattacks that resulted in the leakage of account numbers some 3,800 customers and personal information of over 35,000 current, former employees and contractors. The South Korean brokerage said unauthorized external access occurred Wednesday and Thursday, targeting its mobile web phone authentication login service and internal system, respectively. They resulted in the leakage of some 3,800 customer account numbers and information on 35,255 current, former and contractors. The non-customer, corporate data leaked included names, employee ID numbers, email addresses, mobile phone numbers and passwords. Mirae Asset said it immediately blocked the affected access routes after detecting suspicious activity from external IP addresses and activated its emergency response system. The company also said it reported the incident to the Financial Services Commission, the Financial Supervisory Service and the Personal Information Protection Commission.

The Intel and AMD versions share most of their core specifications too, though their displays differ.

California voters are rejecting a proposal to impose a wealth tax on billionaire residents, marking a major win for tech and business executives, who spent hundreds of millions against the measure, according to a projection from Decision Desk HQ (DDHQ). According to DDHQ's analysis, 54 percent voted against the measure, while 46 percent voted for...

MANILA, Philippines — The Department of Science and Technology (DOST) will showcase three agricultural and aquaculture innovations at the 2026 National Science, Technology, and Innovation Week (NSTW) in General Santos City, on November 25–29.  The annual NSTW serves as a platform for presenting locally developed technologies and research initiatives that highlight the country’s scientific and