SEOUL, Feb. 8 (Korea Bizwire) — Kakao Mobility Corp., the nation’s leading taxi-hailing service, was fined Wednesday for inappropriately requiring users to agree to provide personal information to a third-party company. The Personal Information Protection Commission said it decided to impose a fine of 6 million won (US$4,760) on the company for violating the personal [...]
SEOUL, Feb. 8 (Korea Bizwire) — Meta, the parent company of Facebook and Instagram, was fined by South Korea’s data protection watchdog on Wednesday for allegedly disadvantaging its customers refusing to provide personal information. The Personal Information Protection Commission (PIPC), a central administrative body, said it decided at a plenary meeting to impose a penalty [...]
SEOUL, Feb. 8 (Korea Bizwire) — Samsung Electronics Co.’s newest Galaxy S23 flagship smartphones set a new record in India for the number of pre-orders in a single day. Raju Pullan, senior vice president of Samsung India, said that the number of pre-orders for the Galaxy S23 reached 140,000 units just 24 hours after its [...]
SEOUL, Feb. 8 (Korea Bizwire) — U.S. tech giant Apple Inc. on Wednesday confirmed that its mobile payment service Apple Pay will be launched in South Korea. “Apple will launch Apple Pay in Korea,” the company said in an e-mailed statement. But it did not elaborate on the exact timeline for the launch, saying it [...]
SEOUL, Feb. 6 (Korea Bizwire) — While Korean TV series, films and K-pop, like “Squid Game” (2021), “Parasite” (2019) and BTS, have made their presence felt in the world in recent years, demand for Korean language has exploded with many young people across the globe searching for language learning applications. A recent CNN news report [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s financial regulator said Friday that local credit card firms can introduce Apple Pay, the long-awaited mobile payment service of U.S. tech giant Apple Inc., as they have followed relevant procedures. There have been reports for months that Hyundai Card Co., a local credit card unit of Hyundai [...]
SEOUL, Feb. 2 (Korea Bizwire) — Thousands of South Korean iPhone users lost Thursday in a lawsuit seeking compensation from Apple Inc. over allegations that the company purposely slowed the performance of older models to compel users to buy new ones. The Seoul Central District Court ruled against 9,851 owners of previous iPhone models without [...]
SEOUL, Feb. 2 (Korea Bizwire) — Samsung Electronics Co. introduced the next line of its Galaxy S flagship smartphones in San Francisco on Wednesday (local time), as the tech giant is facing economic headwinds that compel consumers to postpone discretionary purchases like personal electronic devices. Samsung, the world’s largest smartphone maker, unveiled three models of [...]
SEOUL, Feb. 1 (Korea Bizwire) — South Korean tech firms are cutting off support for various add-on services to focus on their primary services and overcome the current economic downturn. Kakao Corp., the operator of South Korea’s largest messenger app KakaoTalk, shut down a subscription platform service last month. This service was launched in June [...]
SEOUL, Jan. 29 (Korea Bizwire) — Toss Mobile, a new budget telecom arm of South Korean fintech service provider Viva Republica Inc., said Sunday it has attracted 150,000 pre-applications ahead of its official launch this week. Toss Mobile, which will open Monday, is a mobile virtual network operator (MVNO) that aims at providing affordable subscription [...]