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OSL and Solomon Strengthen Partnership to Facilitate Hong Kong’s Innovative Spot Crypto ETFs with In-kind Subscription and Redemption

HONG KONG, April 26, 2024 (Korea Bizwire) – Hong Kong licensed and regulated digital assets exchange platform OSL Digital Securities (“OSL”), alongside its partner versatile securities brokerage Solomon JFZ (Asia) Holdings Limited (“Solomon”), is expanding beyond their existing omnibus brokerage model. This advanced partnership now includes comprehensive advisory and operational support, specifically tailored to facilitate the in-kind subscription and [...]

Deriv Promotes Rakshit Choudhary from COO to co-CEO

Rakshit Choudhary promoted to co-CEO, partnering with Founder and CEO Jean-Yves Sireau Deriv refreshes its leadership model as it gets set to celebrate its 25th anniversary CYBERJAYA, Malaysia, April 26, 2024 (Korea Bizwire) – In a significant move for the online trading company, as it approaches its 25th anniversary, Deriv has announced the promotion of [...]

Schneider Electric Launches All-In-One Battery Energy Storage System (BESS) for Microgrids

- Upholding the highest and strictest safety standards, BESS will be available in various markets around the world. Schneider Electric, the global leader in digital transformation of energy management and automation, today announced the launch of its latest Battery Energy Storage System (BESS) designed and engineered to be a part of a flexible and scalable, architecture. BESS [...]

Teledyne FLIR IIS Expands Its Forge Camera Series with IP67 Rating Targeting Smart Agriculture, Food, and Beverage Industries

The Forge 1GigE IP67 camera series is designed for reliability in demanding industrial factory automation environments RICHMOND, British Columbia, April 25, 2024 (Korea Bizwire) – Teledyne FLIR IIS is pleased to announce the Forge® 1GigE IP67, the latest in its industrial camera series designed to perform in harsh industrial environments while ensuring highly efficient production [...]

In Tech Rift, Japan Presses a Korean Internet Giant to Cede Control

SEOUL, April 25 (Korea Bizwire) – A major Japanese internet company partly owned by Naver, South Korea’s biggest web portal, is facing pressure from Tokyo to strip the Korean tech firm of its controlling stake after a data breach last year, an extraordinarily aggressive move that threatens to upend a rare alliance between corporate giants from [...]

Migrant Workers in South Korea Face Staggering Unpaid Wage Arrears

SEOUL, April 25 (Korea Bizwire) – A significant number of migrant workers in South Korea have experienced wage theft, with the average amount owed surpassing 6 million won according to a recent government study. The report, titled “Research Study on the Current Situation of Wage Arrears for Migrant Workers and Remedies,” was commissioned by the National [...]

Break Down of South Korea’s Ambitious Initiatives to Lead in Cutting-Edge Technologies

SEOUL, April 25 (Korea Bizwire) – South Korea’s government has finalized its blueprint to establish global leadership in three pivotal areas it deems “game changers” for the future: artificial intelligence semiconductors, advanced biotechnology and quantum technology. The Presidential Advisory Council on Science & Technology, the nation’s top decision-making body for science and technology issues chaired by [...]

South Korea Sees Progress on Suicide Rate, But Challenges Remain

SEOUL, April 25 (Korea Bizwire) – South Korea’s suicide rate declined in 2023 but remained the highest among countries in the Organization for Economic Cooperation and Development, according to a government report, which also highlighted rising rates of sex crimes and drunk driving in the country. The report, “Korea’s Safety Report 2023,” released on April [...]

Sportradar Appoints Craig Felenstein as Chief Financial Officer

ST. GALLEN, Switzerland, April 25, 2024 (Korea Bizwire) – Sportradar Group AG (NASDAQ: SRAD)(“Sportradar” or the “Company”) today announced that Craig Felenstein has been named Chief Financial Officer of the Company, effective June 1, 2024. Felenstein joins the Company from Lindblad Expeditions (NASDAQ: LIND) where he most recently served as Chief Financial Officer. He will report [...]

Silicon Motion Announces Chief Financial Officer Transition

TAIPEI, Taiwan and MILPITAS, Calif., April 25, 2024 (Korea Bizwire) – Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced that Jason Tsai, currently VP of IR and Finance at Silicon Motion, has been appointed Interim Chief Financial Officer of the Company effective as of April 25, 2024. Mr. Jason Tsai [...]