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Online Legal Service Platform LawTalk in Trouble amid Declining Profitability

Online Legal Service Platform LawTalk in Trouble amid Declining Profitability

SEOUL, Feb. 22 (Korea Bizwire) — LawTalk, an online service that connects clients and lawyers, is in trouble, after continued disputes with bar associations have led to a plunging number of members, hurting profitability. Industry sources said that Law&Company, operator of the mobile legal service app, has begun accepting voluntary retirement from employees, aiming to [...]

Turkey Earthquake Sparks Growing Concern for Quake-resistant Construction Among Korean Residents

Turkey Earthquake Sparks Growing Concern for Quake-resistant Construction Among Korean Residents

SEOUL, Feb. 21 (Korea Bizwire) — Following the earthquake in Turkey, South Koreans are increasingly concerned about the safety of their homes and buildings. The number of people seeking information on earthquake-resistant design at apartment management offices and online inquiry sites has spiked dramatically. On internet forums where prospective residents discuss new apartment complexes, it [...]

Effect of Disasters is Inequitable: Lower Social Ranks Exposed to Higher Risk of Damages

Effect of Disasters is Inequitable: Lower Social Ranks Exposed to Higher Risk of Damages

SEOUL, Feb. 21 (Korea Bizwire) — People in the lower social tier are exposed to a risk of a significant impact from natural or social disasters and struggle more to overcome them, according to a research report issued by the state-run think tank. The Korea Institute for Health and Social Affairs conducted a survey of 1,837 [...]

Zero Sum Game: Huge Popularity of Galaxy S23 Makes Foldable Phones an Afterthought

Zero Sum Game: Huge Popularity of Galaxy S23 Makes Foldable Phones an Afterthought

SEOUL, Feb. 20 (Korea Bizwire) — Samsung Electronics Co.’s latest smartphone release, the Galaxy S23, is gaining sensational popularity, while interest in foldable phones seems to be fading. Consumers are placing more value on the high performance of the new product than the utility obtained through foldable phones. Despite the advantage of having a large [...]

Collapse of Fisheries Industry? Sashimi Aficionados in S. Korea on Edge

Collapse of Fisheries Industry? Sashimi Aficionados in S. Korea on Edge

SEOUL, Feb. 19 (Korea Bizwire) — Sashimi enthusiasts in South Korea are growing increasingly restless. Vague fears, after all, are far more unnerving than specific, concrete pains. Despite international opposition, Japan is set to release radioactive water into the ocean from the crippled Fukushima nuclear power plant as early as April. Alarming research suggests that [...]

Korean Streaming Services Eye Global Market to Improve Profits

Korean Streaming Services Eye Global Market to Improve Profits

SEOUL, Feb. 16 (Korea Bizwire) — Major Korean streaming services have experienced rapid growth in recent years but are now turning their eyes abroad amid mounting losses and tougher competition with foreign rivals in the crowded domestic market. Homegrown over-the-top (OTT) players, which were made out of alliances among major entertainment companies, broadcasters and telecom [...]

Korean Office Workers Show Keen Interest in ChatGPT

Korean Office Workers Show Keen Interest in ChatGPT

SEOUL, Feb. 13 (Korea Bizwire) – OpenAI’s innovative chatbot, ChatGPT, has caused a stir among South Korean office workers, with expectations and concerns swirling around the rise of artificial intelligence (AI) technology. The chatbot’s capabilities were recently put to the test by a financial worker named Kim, who tasked it with generating 30 questions for [...]