SEOUL, Jan. 18 (Korea Bizwire) — Braving near-zero temperatures, a group of elite naval forces threw themselves into frigid waters during their annual cold-weather training in a southern town on Wednesday, highlighting their mission to protect citizens “wherever you need us to be.” Some 100 members of the Sea Salvage and Rescue Unit (SSU) in [...]
SEOUL, Jan. 18 (Korea Bizwire) — South Korea’s top messenger app operator Kakao Corp. said Tuesday it has introduced “memorial profiles” to KakaoTalk to keep deceased users in remembrance. Previously, KakaoTalk profiles of deceased people that were locked for not being accessed for more than a year or their phone being deregistered would be set [...]
SEOUL, Jan. 18 (Korea Bizwire) — A court has upheld a measure prohibiting blockchain-based play-to-earn (P2E) games from domestic distribution. The Seoul Administrative Court said Tuesday that it recently dismissed the case filed by SkyPeople, developer of P2E game “Five Stars for Klaytn,” to cancel the Game Rating and Administration Committee’s rating rejection. The committee [...]
SEOUL, Jan. 18 (Korea Bizwire) — Major South Korean companies spent more than 5 trillion won (US$4.04 billion) in 2022 to help cut air pollution and promote workplace safety as part of their so-called environment, social and governance (ESG) management, a report said Wednesday. The country’s top 100 firms by sales invested 5.44 trillion won [...]
SEOUL, Jan. 17 (Korea Bizwire) — A homegrown KF-21 fighter prototype achieved supersonic speeds in a test flight Tuesday, South Korea’s state arms procurement agency said, in a key milestone for the high-profile warplane development project. The first KF-21 prototype reached the speed of Mach 1, or 1,224 kilometers per hour, at an altitude of [...]
SEOUL, Jan. 17 (Korea Bizwire) — Outspoken liberal commentator Kim Ou-joon’s new show on YouTube, launched after he decided to stop hosting his popular radio program, has garnered the world’s largest Super Chat earnings, causing a nationwide sensation. “Kim Ou-joon’s News Factory,” the Seoul city government-affiliated Traffic Broadcasting System (TBS)’s radio show, was the most [...]
SEOUL, Jan. 17 (Korea Bizwire) — Prosecutors on Monday have indicted individuals including a former employee of a domestic company for leaking one of the nation’s core semiconductor technologies to China. The Suwon District Prosecutors Office announced that it had indicted four people, including a former researcher at SEMES Co., an affiliate of Samsung Electronics [...]
SEOUL, Jan. 17 (Korea Bizwire) — A North Korean hacker group has attempted to steal user passwords with phishing mails by disguising itself as a domestic portal site, a cybersecurity firm said Monday. ESTsecurity recently published an analytical report on malicious code on its corporate blog. The newly-detected phishing emails used a “Daurn” domain that [...]
SEOUL, Jan. 16 (Korea Bizwire) – The childbirth subsidies given out by local authorities nationwide have had a minimal effect in regions with a shrinking population, posing a financial risk, a report showed Sunday. A study recently published by the Korea Institute for Health and Social Affairs made a comparison of childbirth subsidies distributed in [...]
SEOUL, Jan. 16 (Korea Bizwire) — The usage of online streaming services such as Netflix and Disney+ increased after they aired the local cable channel JTBC’s corporate drama “Reborn Rich” that was massively popular last year, data showed Sunday. According to Mobile Index, the big data analysis unit of local data tracker IGAworks, the number [...]