Woowa Brothers, Coupang face $465 mil. in fines for abusing delivery market dominance

On any given day, I could be editing an article about women’s health, preparing a sponsorship proposal for an esports tournament, planning social media content, answering emails from PR agencies and troubleshooting something on a website. And that’s before I’ve even looked at the rest of my to-do list. As the founder of The Wellness […] The post AI became my extra team member. I still have to manage it appeared first on e27.

The 24-inch all-in-one keeps its familiar design but gains faster graphics, Wi-Fi 7 and a new version of Siri.

Nvidia’s board of directors announced it would be opening an investigation into its CEO, Jensen Huang, following reports alleging he had an intimate relationship with a woman U.S. intelligence officials believe was spying for China. “The NVIDIA Board is initiating an independent investigation in light of recent reporting that founder and CEO Jensen Huang has...

The new Audi A6 flagship sedan makes its strongest impression through a firm, planted ride that balances sharp handling with long-distance comfort. After a seven-year wait for a full redesign, the German automaker’s flagship combustion-engine sedan returns with a clearer sense of purpose, positioning itself between BMW’s agility and Mercedes-Benz’s emphasis on ride comfort. Driving the A6 45 TFSI quattro S-line across Seoul’s urban streets and surrounding highways over three days, covering about 300 kilometers, the sedan felt more than composed and reassuring at speed without sacrificing everyday usability. The first thing that stood out was how firmly the car held the road. Its suspension absorbed bumps without allowing the body to feel loose or unsettled, while steering inputs translated into predictable movements. The ride was noticeably taut, giving the sedan a sporting character without making it excessively harsh. Rather than chasing the razor-sharp responsiveness associated with BMW or the softer isolation favored by Mercedes-Benz, Audi has found a middle ground that shoul

Helped by the artificial intelligence-led (AI) chip supercycle, Samsung Electronics is poised to become the first Korean company with cash assets of over 200 trillion won ($146.6 billion), industry data showed Sunday. Cash and cash equivalents at the chip giant are estimated to have reached 214.8 trillion won as of the third quarter, up 24.8 trillion won from 190 trillion won recorded three months earlier, according to the data. The amount is also nearly double from the 108.5 trillion won recorded at the end of the third quarter of 2025. Total assets owned by the company reached 791.8 trillion won as of end-September, up 32.4 trillion won from three months earlier. Market watchers estimate Samsung's current cash assets are enough to fully fund the top-line payout in its landmark shareholder return policy announced in August. The chip behemoth said about 90 trillion won to 110 trillion won will be available for shareholder returns in 2026. Investments into chipmaking infrastructure and research and development are expected to reach a historic high of over 100 trillion won this year, too, w

Mirae Asset Financial Group is strengthening its artificial intelligence (AI) and cybersecurity capabilities in its latest executive reshuffle, promoting digital specialists and elevating its information security operations, the company said Sunday. According to the company, 20 percent of executives promoted in Thursday's personnel changes specialize in AI transformation, digital technology and information security. It also elevated its information security division as part of efforts to better protect customer assets and personal data against increasing cyberattack threats. Noh Yong-woo, a vice president, has been nominated as CEO of Digital X. His appointment will be finalized following the Financial Intelligence Unit’s acceptance of the required change notification and a shareholders’ meeting. Digital X, formerly known as Korbit, was renamed after Mirae Asset Consulting, a nonfinancial affiliate of the group, acquired a 97.15 percent stake in the cryptocurrency exchange in July. Noh is expected to draw on his experience in management innovation, risk management and digital asset r

POSCO is facing the prospect of a prolonged labor dispute after union members rejected a tentative wage agreement, leaving the steelmaker struggling to reach a deal following the first strike in its history. The company’s labor union on Sunday said its members had rejected the tentative wage agreement in a vote. Of the 9,177 ballots cast, 4,433 votes, or 48.31 percent, were in favor, while 4,744, or 51.7 percent, were against. The rejection has cast uncertainty over the next round of negotiations, with the union expected to seek better terms than those included in the failed deal. However, it remains unclear how much management will be willing to concede amid a prolonged downturn in the steel industry. The two sides began wage negotiations on June 16 and held around 30 rounds of formal and working-level talks, but failed to narrow their differences over pay increases and other compensation. The union had initially called for a 7.1 percent increase in base pay, a performance bonus worth 600 percent of base pay, 50 shares of company stock for each worker and a holiday bonus worth 200 per

Coupang is facing growing pressure to broaden its lobbying strategy in the United States beyond its Republican allies following the Democrats' sweeping midterm election victory, experts and industry officials said Sunday. The change could be particularly impactful for the e-commerce giant, whose lobbying efforts have helped draw attention in Washington to its dispute with Korean regulators. Republican lawmakers, including members of the House Judiciary Committee, have publicly criticized what they described as discriminatory treatment of the U.S.-headquartered firm in Korea. With Democrats now set to control both chambers of Congress, the institutional backing Coupang has received from Republican lawmakers is expected to weaken, prompting experts and industry watchers to say the company will have to broaden its relationships across both parties to maintain its influence in Washington. “Especially for a digital-focused firm like Coupang, which remains subject to policies under the Republican administration, it is important to balance lobbying efforts between Democrats and Republicans,

More than 9 out of 10 Korean companies operating in Vietnam said they plan to maintain their businesses there despite rising labor costs and regulatory burdens, a survey released Sunday showed. According to the survey conducted by Korea International Trade Association (KITA), 92 percent of Korean companies operating in Vietnam said they had no intention of withdrawing from the Southeast Asian country. Among them, 87.5 percent cited "cost advantage relative to other countries" as the main reason for their stay. The results come despite a sharp rise in wages in Vietnam in recent years, KITA said. The monthly minimum wage of Vietnamese workers increased by more than 4.5 times from $45.4 in 2010 to $205.3 in 2024, according to the association. Monthly wages have risen by an annual average of 11.4 percent during the 14-year period, marking the fastest pace of increase among major economies in Asia. Despite increasing labor costs, companies maintained a positive view on the future outlook of the Vietnamese market. Nearly 60 percent of companies expected their operations in Vietnam to improve ove

Artificial intelligence models will soon be powerful enough to master biology, presenting both benefits and serious risks, Tencent Holdings’ chief AI scientist and former OpenAI star researcher Vinces Yao Shunyu said during a rare public appearance on Saturday. The assessment comes as frontier AI systems are increasingly being applied to medicine and biology, which could accelerate discovery of new drugs and other treatments. However, experts also warn that malicious actors could use AI to...

Apple hasn’t even got its first foldable iPhone into everyone’s hands, but it may already be doing Samsung’s foldable business a favour.

3 days of concerts, anime showcases and fan experiences await from 27 to 29 November.