Anchored by Brookfield and a Global Sovereign Investor SINGAPORE, Dec. 04, 2025 (Korea Bizwire) – DayOne Data Centers, a Singapore-headquartered data center developer and operator, today announced that it has secured a mezzanine financing facility of €500 million, expandable up to €1 billion upon mutual agreement, from global investment firm Brookfield and a global sovereign [...]
AMSTERDAM, Dec. 04, 2025 (Korea Bizwire) – On one of the most popular dates for work festive parties, a new global study* from Heineken® 0.0, the World’s number 1† non-alcoholic beer, reveals that 2025 marks the first festive season where saying “no thanks” needs no excuse, with almost three-quarters (72%) of people confident to skip alcohol [...]
SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics said Thursday that its summer energy-saving campaign encouraging consumers to set their air conditioners to 26 degrees Celsius yielded significant reductions in electricity consumption and user costs. The “ThinQ 26°C Challenge,” run jointly with the Korea Energy Agency, urged households to adopt what the government considers the optimal [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s largest online bookseller, Yes24, announced Thursday that President Lee Jae Myung’s book, The People Will Prevail (Ultimately, It’s Up to the People), has been selected as its “Book of the Year,” topping a record-breaking 1.195 million votes cast by readers. The title received 15,788 votes, or 3.4 percent [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korean authorities have concluded that artificial intelligence systems that train on entire news articles or textbooks without permission are infringing copyright, marking the government’s strongest stance yet on data use in the AI era. At a public briefing on Thursday, the Ministry of Culture, Sports and Tourism and the [...]
SEOUL, Dec. 4 (Korea Bizwire) — Tax authorities said Thursday they will investigate more than 2,000 cases involving the transfer of high-value properties in upscale areas of Seoul over suspected tax evasion, amid tighter government regulations on real estate lending. A total of 2,077 property-transfer cases in the districts of Gangnam, Mapo, Yongsan and Seongsu [...]
SEOUL, Dec. 4 (Korea Bizwire) — Song Chang-hyeon, head of Hyundai Motor Group’s Advanced Vehicle Platform (AVP) division and chief executive officer (CEO) of the group’s software research arm 42dot, has tendered his resignation amid a lack of progress in next-generation vehicle technologies, industry sources said Thursday. In a message sent to 42dot employees on [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s Consumer Agency on Thursday advised shoppers to closely check portability, processing speed and other core performance indicators before purchasing a laptop, after releasing comparative test results on five popular models launched this year. According to the agency, LG Electronics’ 16Z90TS model was the lightest among those tested, with [...]
SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics convened a workshop in Seoul on Thursday with the Eclipse Foundation and major global automakers to accelerate the development of open-source software for software-defined vehicles (SDVs), part of the company’s broader push to expand its automotive solutions business. The event — the Eclipse SDV Community Meetup — brought [...]
Technology executives Andy Yasutake and Diego Dugatkin bring deep AI product innovation and expertise to nCino’s Board of Directors WILMINGTON, N.C., Dec. 03, 2025 (Korea Bizwire) – nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that it has appointed Andy Yasutake and Diego Dugatkin to nCino’s Board of Directors [...]