SEOUL, Aug. 17 (Korea Bizwire) — U.S. tech giant Google has invested a cumulative 118 billion won (US$87.9 million) to incubate nearly 500 South Korean startups and help them go abroad, a company official said Thursday. Google’s ChangGoo Program — launched in 2019 in cooperation with the Ministry of SMEs and Startups — is aimed [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korea’s antitrust regulator said Wednesday it has sent a formal letter to Google LLC on its decision to slap a fine of 42.1 billion won (US$31.4 million) on the U.S. tech giant for unfair business practices aimed at solidifying its dominance in the local mobile gaming app market. [...]
SEOUL, July 13 (Korea Bizwire) — U.S. tech giant Google has seen great potential for artificial intelligence (AI) technologies in South Korea, as it has chosen Korean as its priority service language besides English for its AI-based chatbot, Bard, a senior company official said Thursday. “With Bard launched in Korean in 2023, this is one [...]
SEOUL, June 6 (Korea Bizwire) — KakaoTalk and Naver, two popular platforms in South Korea known as the “people’s messenger” and “people’s portal,” respectively, are facing a growing challenge from global tech giants. KakaoTalk’s position as the top platform for monthly active users (MAU) is being threatened by Google’s YouTube, with a narrow gap of 507,487 [...]
SEOUL, May 11 (Korea Bizwire) — For the past few years, Samsung Electronics has been the dominant player in the global foldable smartphone market, where early tech adopters have lugged around small tablet-sized phones in exchange for creative dual screen use. Now, the South Korean tech giant is facing its most serious competitor yet — [...]
SEOUL, April 13 (Korea Bizwire) — The Supreme Court ruled Thursday that Google Inc. must disclose the list of personal information it has shared with third parties, including United States intelligence. In 2014, four South Korean activists filed a lawsuit against the global tech giant and its local affiliate, Google Korea, demanding to know whether [...]
SEOUL, April 11 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has decided to slap a fine of 42.1 billion won (US$31.8 million) on Google LLC and its regional arms for unfair business practices aimed at solidifying its dominance in the Korean mobile gaming app market. The punishment came as the U.S.-based global [...]
SEOUL, Feb. 22 (Korea Bizwire) — The Demilitarized Zone (DMZ) on the Korean Peninsula is ironically one of the world’s most heavily militarized borders with a memory of bloody battles during the 1950-53 Korean War. At the same time, the strip of land along the North-South Korean border is recognized as one of the most [...]
SAN FRANCISCO/SEOUL, Feb. 2 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Thursday it will collaborate with Qualcomm and Google to build an ecosystem for extended reality (XR). Samsung announced the partnership at the Galaxy Unpacked event in San Francisco on Wednesday (local time), where it unveiled new Galaxy S flagship smartphones [...]
HERZLIYA, Israel, Jan. 25 (Korea Bizwire) — Namogoo, the world’s first Digital Journey Continuity platform, has integrated with Google Cloud to add new layers to the customer journey that digital executives, marketing and data teams are currently lacking. Namogoo provides a new generation of data points and segments that are unique in the industry and [...]