Jun 21, 2025 PM EDT - Hannah
POSCO Group became the first steelmaker ever inducted into the World Steel Dynamics Hall of Fame after 15 consecutive years as the world's most competitive steelmaker, and is now betting its future on revolutionary hydrogen-based steelmaking technology to maintain its technological edge through 2050.
Jun 10, 2025 PM EDT - Hannah
Hyundai Department Store has developed HEYDI, South Korea's first AI shopping assistant designed specifically for physical retail spaces, which will launch globally in July 2025 supporting seven languages for international customers. The conversational AI system provides real-time personalized shopping recommendations, restaurant reservations, and store navigation as part of the company's broader digital transformation strategy.
Jun 10, 2025 PM EDT - Hannah
South Korea's Fair Trade Commission approved the merger of streaming platforms Tving and Wave to create a domestic rival to Netflix, but the deal still faces opposition from major shareholder KT Studio Genie. The combined platform would control about 25% of Korea's streaming market compared to Netflix's 61%.
Jun 10, 2025 AM EDT - Hannah
HYBE IM announced its MMORPG "Architect: Land of Exiles" will launch on iOS and macOS platforms in the second half of 2025, marking a rare move for Korean MMORPGs to fully support Apple's ecosystem. The Unreal Engine 5-powered game, developed by Aquatree with a 30 billion won investment, represents a crucial test for HYBE IM's expansion into comprehensive game development.
Jun 08, 2025 AM EDT - Hannah
South Korea's Naver is establishing Naver Ventures, a new Silicon Valley investment subsidiary led by Yong-Jung Park, to accelerate its AI capabilities and compete with global leaders like OpenAI, with video AI startup TwelveLabs confirmed as its first investment target.
Jun 07, 2025 AM EDT - Hannah
K-pop group NewJeans firmly rejected a court-suggested settlement with their agency ADOR during a June 4, 2025 hearing, citing "completely shattered" trust following the removal of their creative director Min Hee-jin. The legal battle continues with the next hearing scheduled for July 24, as NewJeans faces potential fines of $735,000 per member for any independent activities without ADOR's approval.
Jun 05, 2025 PM EDT - Hannah
NCSOFT launched its remastered MMORPG Blade & Soul NEO on Steam for North American and European markets on June 4, 2025, expanding beyond its proprietary PURPLE platform as part of a broader global expansion strategy that includes Lineage2M's Southeast Asian launch and upcoming China release with Tencent.
Jun 05, 2025 AM EDT - Hannah
Young professionals, especially Gen Z and millennials, are increasingly extending business trips for leisure and secretly bringing friends or family along, driving the "bleisure" travel market from $692.7 billion in 2024 to a projected $3.5+ trillion by 2034. This trend reflects a generational shift toward work-life balance, with 74% willing to invite companions on work trips and many not telling their employers about it.
Jun 05, 2025 AM EDT - Hannah
Samsung Chairman Lee Jae-yong has ordered aggressive global talent recruitment "regardless of nationality or gender," highlighted by hiring former TSMC executive Margaret Han to lead US foundry operations as Samsung struggles with declining market share and mounting losses in its chip business.
Jun 04, 2025 AM EDT - Hannah
Naver CEO Choi Soo-yeon and Webtoon Entertainment CEO Kim Jun-koo are meeting with Netflix executives at Silicon Valley headquarters this Thursday to explore expanded collaboration opportunities, following their highly successful 2023 bundling partnership that boosted Netflix's Korean user base from 10 million to over 14 million subscribers.
Jun 02, 2025 PM EDT - Hannah
South Korean eyewear brand Gentle Monster is aggressively expanding into Europe with its revolutionary "experiential retail" concept that transforms stores into art galleries, achieving nearly $600 million in revenue and catching the attention of Google for a smart glasses partnership. The brand exemplifies how Korean companies are leveraging cultural soft power and innovative design to challenge traditional European luxury brands on their own turf.
Apr 29, 2023 PM EDT - Serena Martinez
Some of the employees of the Korean talent company giant HYBE are currently under investigation due to utilizing inside sources to their company shares in order to gain a significant margin in the profit.
Nov 14, 2022 AM EST - Serena Martinez
Disney is also planning to freeze a majority of the hiring, only allowing new employees for "the most critical, business-driving positions."
May 30, 2022 AM EDT - Victoria Marian Belmis
Thanks to this news, the price of Dogecoin has strengthened.
May 29, 2022 PM EDT - Victoria Marian Belmis
Titles like Horizon Zero Dawn, Days Gone, and God of War met huge success when they became available on PC. Find out more about Sony’s plan here.
Jul 02, 2025 PM EDT - Sia Kim
Jul 01, 2025 PM EDT - Hannah
Jun 27, 2025 PM EDT - Hannah
K-WAVE - Dec 31, 1969 PM EST - Sia Kim
Tech - Dec 31, 1969 PM EST - Hannah
Tech - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
