News

The Chosun Ilbo on MSN19h
Legal tussle between Kakao, KFTC turns into jackpot for law firms
The Korea Fair Trade Commission (KFTC) said on May 28 it will fine Kakao Mobility’s subsidiary KM Solution 3.88 billion won ...
The Chosun Ilbo on MSN2d
South Korea widens hacking probe to Naver, Kakao, Coupang
South Korea’s government has launched an investigation into potential hacking attempts targeting major domestic platform ...
Yonhap News Agency1d
Kakao Mobility subsidiary fined 3.88 bln won over unfair practices
SEOUL, May 28 (Yonhap) -- South Korea's antitrust watchdog said Wednesday it has imposed a fine of 3.88 billion won (US$2.81 ...
HYBE Sells Remaining Stake in K-Pop Rival SM Entertainment for $177 Million
HYBE has sold its remaining 9.38% stake in rival K-pop powerhouse SM Entertainment to Tencent Music Entertainment for ...
Tencent Music to become second-largest shareholder in K-pop agency SM Entertainment
China's Tencent Music , is expected to become the second-largest shareholder of major K-pop agency SM Entertainment , ...
Crypto scam hub expose stunt goes viral, Kakao detects 70K scam apps: Asia Express
Viral footage of a YouTuber’s crypto scam hub expose stunt in the Philippines notches 2.7M views, Kakao uncovers 70K scam ...
Music Business Worldwide2d
HYBE is selling its entire stake in K-Pop rival SM Entertainment to Tencent Music for nearly $180m
Members of girl group Aespa participate in the 95th Annual Macy's Thanksgiving Day Parade on November 25, 2021 in New York ...
OpenAI to Set Up Office in South Korea Amid Growing Demand
The new OpenAI office, its third in Asia, is scheduled to open in Seoul in the coming months, following the launch of offices in Japan and Singapore. It would mark "a significant step forward in ...
Tencent to become second-largest shareholder in K-Pop agency SM Entertainment
China's Tencent is expected to become the second-largest shareholder of major K-Pop agency SM Entertainment, according to a ...