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Mar 26, 2021 AM EDT - Jay Ahon

S. Korea’s Streaming Giant ‘Wavve’ to Produce ₩1tr Worth of Contents By 2025

Content Wavve Corp. to invest a budget of 1 trillion won or $882.7 billion for the contents of its streaming platform "Wavve" for five years. e country by monthly active users and had been trying to keep up with its competition against Netflix Inc.

Mar 25, 2021 AM EDT - Maureen Blas

LEGO's 60278 Crook's Hideout Raid Officially Cancelled

LEGO fanatics are sure to become disappointed to know that LEGO officially cancels the release of 60278 Crook's Hideout Raid this month.

Mar 25, 2021 AM EDT - Jay Ahon

Hana Financial Welcomes New Chief, Mirae Asset Changes Name

Shareholders of Hana Financial Investment company approved the appointment of its new Chief Executive Officer on Wednesday. Top officials appointed Lee Eun-hyung, former vice-chair for global business at the company who vowed to strengthen its digital innovation and sharpen its global competitiveness.

Mar 25, 2021 AM EDT - Maureen Blas

Elon Musk: You Can Now Buy a Tesla Car with Bitcoin

It's now possible to buy a Tesla car with bitcoin, according to Elon Musk.

Mar 24, 2021 AM EDT - Jon Agustin

European Companies Say It's A Challenge To Do Business In Korea: Here's Why

Nevertheless, these European businesses remain optimistic about doing business in Korea despite the rigid regulatory environment.

Mar 24, 2021 AM EDT - Jay Ahon

KT To Produce Blockbuster Dramas By 2023

KT seeks to invest and venture on other platforms outside the scope of its business. The company plans to secure intellectual properties of more than 1,000 and produce around 100 blockbuster original dramas by 2023.

Mar 23, 2021 AM EDT - Jay Ahon

LG To Develop 6G Network

LG Electronics Inc. has partnered with two tech institutions to develop the next-generation technology 6G network. The network could provide a faster data speed, with lower latency and reliability that's higher than a 5 Generation network.

Mar 23, 2021 AM EDT - Maureen Blas

Samsung to Officially Provide DOCOMO with 5G Network Solution

Samsung Electronics is NTT DOCOMO's official 5G network solution provider.

Mar 22, 2021 AM EDT - Maureen Blas

Hail Apple! The New World's Most Profitable Company

Apple is the new world's most profitable company, superseding Saudi Aramco with $57 billion in last year's profit.

Mar 19, 2021 AM EDT - Joe Saballa

U.S. Oks Extension Of Paycheck Protection Program For Small Businesses

The House of Representatives of the United States has approved the extension of the Paycheck Protection Program that is projected to help small businesses amid the pandemic.

Mar 19, 2021 AM EDT - Jay Ahon

ITC Delays LG, SK Battery Patent Suit Preliminary Ruling

ITC announce on Tuesday that it will delay the preliminary ruling over SK Innovation Co. and LG Energy Solution Ltd. battery patent infringement. The commission said it will be released in 2 weeks.

Mar 19, 2021 AM EDT - Maureen Blas

FedEx Delivery Demands Rocket Profits Despite Pandemic

The pandemic cannot stop logistics giant, FedEx to remain profitable. Its revenue soars and keeps on receiving millions of online orders for delivery.

Mar 18, 2021 AM EDT - Jon Agustin

Nordstrom Aims To Retain Customers Amid COVID-19 With Livestream Shopping

The luxury department store chain is on for bigger ideas to retain its customers amid the COVID-19 pandemic.

Mar 17, 2021 AM EDT - Jay Ahon

India’s Gland Pharma, To Produce 252M Sputnik V

Gland Pharma, a company from India had signed a deal with RDIF to produce around 252 million Sputnik V COVID-19 vaccines. Sputnik V vaccine was developed by Russia's Gamaleya Institute.

Mar 17, 2021 AM EDT - Jay Ahon

Chinese Firms To File Lawsuits Vs. US Government

After the victory of the Smartphone company Xiaomi over Trump's ban, many Chinese companies are encouraged to file lawsuits against the US government. It is to remove their company's name from the blacklist.