South Korea - CybAI news

31 Oct

Netflix gives us another sneak peek of Squid Game season two

stp2y0 CommentsNewsdrama, entertainment, Lee Jung-jae, netflix, news, seong, South Korea, squid game, squid game 2, streaming, survival, television

We’re still officially in “teaser trailer” territory for the new season of Squid Game but a lot of interesting details just dropped in the latest one for season two.The new trailer takes us deeper into the games as Seong Gi-hun, played by Lee Jung-jae, returns to the island presumably to take down the rich tyrants and the Front Man from the inside of the tournament. Seong is back as a player (Player 456 again, to be specific) and at least two of the games from the last season will be part of the new one, including “Green Light” and the…

05 Sep

Apple’s Find My finally comes to South Korea in 2025

stp2y0 CommentsNewsAirtags, apple, find my, gear, news, South Korea

Apple is finally bringing its Find My feature to South Korea in 2025. The company says the service will launch at some point during the spring, according to a translation of a press release published by AppleInsider.For years, South Korea has been just about the only country without access to Apple’s tracking network. So what changed? It looks like one reason behind the move is an influx of user complaints. These complaints have merit, as Apple sells AirTags in the country. Without the Find My network, AirTags are basically useless little silver pucks.Apple has not addressed the reason behind the…

14 Aug

Online Brokerage Popular With Young Koreans to Set Up Shop in US

stp2y0 CommentsRAG modelsAPEX FINTECH SOLUTIONS LLC, environment, fintech, new york, NVIDIA CORP, retail, South Korea, startups, stocks, Technology, VELOCITY CLEARING LLC

Toss Securities Co., one of South Korea’s leading platforms for trading US stocks, is setting up a New York subsidiary this year as more Korean retail investors pour money into US equities.The brokerage arm under Korean fintech leader Viva Republica Co. is seeking to outrun larger incumbents in US stock trades. Toss Securities was first in the country to adopt real-time fractional trading for US equities in 2022, and that practice, which allows investors to buy a sliver of a $116 Nvidia Corp. share, has won over young retail investors. Source link lol

13 Aug

Mercedes, BMW Reveal Battery Makers Amid Fire Fears in Korea

stp2y0 CommentsRAG modelsBAYERISCHE MOTOREN WERKE AG, BLOOMBERGNEF, business, china, Government, hyperdrive, HYUNDAI MOTOR CO, Incheon, industries, KIA CORP, Markets, media, MERCEDES-BENZ GROUP AG, South Korea, Technology

The South Korean units of Mercedes-Benz Group AG and BMW AG disclosed the names of the companies that supply their electric-vehicle batteries for the first time after an EV explosion in the country prompted a nationwide safety investigation. The German carmakers revealed the battery suppliers for their EV models Tuesday on their websites, after Hyundai Motor Co. and Kia Corp. shared the names of their battery makers in recent days. At a meeting Tuesday, the government said it planned to advise all EV makers to voluntarily disclose the names of battery suppliers, and offer free inspections to owners. Source link…

13 Aug

India Watchdog to Withdraw Report Accusing Apple of Market Abuse

stp2y0 CommentsRAG modelsAPPLE INC, apps, china, europe, Government, india, japan, regulation, smartphone, South Korea, Technology

Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.India’s antitrust regulator will withdraw a report that found Apple Inc. abused its dominance of the domestic market, backtracking for now from its high-profile investigation into the US company. Source link lol

09 Aug

Samsung Recalls Million-Plus Electric Stoves After Fire Reports

stp2y0 CommentsRAG modelsAsia, Automotive, BEST BUY CO INC, COSTCO WHOLESALE CORP, Emerging Markets, infrastructure, retail, SAMSUNG ELECTRONICS CO LTD, South Korea, Technology, Utilities

Samsung Electronics Co. is recalling more than 1.1 million electric stoves sold in the US since 2013, following reports of 250 fires that damaged property, killed pets and injured about 40 people.South Korea’s largest company is offering free locks and covers to buyers of more than a dozen stove models, which help ensure their front-mounted range knobs stay in the “off” position, according to a notice posted on the US Consumer Product Safety Commission’s website. Samsung sold the stoves through retailers from Best Buy to Costco nationwide for between $1,250 and $3,050, the notice read. Source link lol

08 Aug

Paramount Takes $6 Billion TV Network Charge, Joins Warner Bros.

stp2y0 CommentsRAG modelsadvertising, Earnings, JULY SARL/CAEN, media, NATIONAL AMUSEMENTS INC, NICKELODEON, PARAMOUNT GLOBAL-CLASS B, South Korea, Streaming Services, Technology, Wall Street

Paramount Global, the parent of Nickelodeon, MTV and other channels, took a second-quarter impairment charge of $5.98 billion on its cable networks, in yet another sign of weakness in the traditional TV industry.The company made the decision after reevaluating the businesses in light of declining profit projections, shifts in the cable-TV subscriber marketplace and the recently agreed-to merger with Skydance Media, according to a statement Thursday. Source link lol

08 Aug

Kakao Founder Charged With Stock Manipulation in Landmark Case

stp2y0 CommentsRAG modelsBom Suk Kim, Executives, JULY SARL/CAEN, KAKAO CORP, SAMSUNG ELECTRONICS CO LTD, Seoul, shopping, SM ENTERTAINMENT CO LTD, social media, South Korea, Technology

South Korean prosecutors have indicted Kakao Corp. founder Brian Kim on charges of stock manipulation, kicking off a watershed case that’s transfixed South Korea’s young internet industry.Prosecutors formally charged the entrepreneur with market violations during his company’s takeover battle for SM Entertainment Co., Yonhap news service reportedBloomberg Terminal Thursday. Kim was allegedly involved with an attempt to buy and push SM stock above a rival offer of 120,000 won ($87) from BTS-agency Hybe Co., the agency reported. Executives carried out that alleged maneuver over a total of four days, in mid-February 2023 as well as later that month, Yonhap said,…

07 Aug

Coupang Posts First Loss Since 2022 as Farfetch Deal Saps Profit

stp2y0 CommentsRAG modelsALIBABA GROUP HOLDING-SP ADR, Bom Suk Kim, COUPANG INC, E-commerce, Earnings, Government, PDD HOLDINGS INC, regulation, South Korea, taiwan, Technology

Coupang Inc. posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings Plc and a government regulatory fine offset strong growth in its core e-commerce business.South Korea’s largest online retailer posted a net loss of $77 million for the June quarter, versus an average estimate for a loss of $11.7 million. Excluding Farfetch and a fine from the Korean authorities, Coupang’s second-quarter net income came to about $124 million, it said in a statementBloomberg Terminal. Source link lol

07 Aug

South Korea Logs Biggest Current Account Since 2017 on AI Demand

stp2y0 CommentsRAG modelsartificial intelligence, Earnings, Economic Growth, Exports, Imports, Interest Rates, JULY SARL/CAEN, Raw Materials, SAMSUNG ELECTRONICS CO LTD, South Korea, Technology

South Korea’s current account recorded the biggest surplus in more than six years, boosted by global demand for chips used in artificial intelligence and other technology exports that have underpinned the nation’s economic growth.South Korea logged a net $12.3 billion current account surplus in June, the most since September 2017, with semiconductors and communications devices leading the export growth while imports of raw materials and capital goods fell, according to balance of payments data released Wednesday by the Bank of Korea. Net assets in the financial account also increased by $12.2 billion, the most since October 2020. Source link lol