SEOUL, March 19 (Korea Bizwire) — Food ingredient data will be developed and managed in the form of national standards, aimed at making it easier for such data to be used for the customized management of personal diet and the development of related services, a government technology standards agency said Thursday. The Korea Agency for [...]
SEOUL, March 17 (Korea Bizwire) — Credit card companies are looking for a financial breakthrough in the data industry as they continue to struggle from Buy Now, Pay Later (BNPL) services. The onslaught of the fintech companies is pushing credit card companies away from their profit centers, after they lost monopoly over the BNPL market [...]
SEOUL, Dec. 2 (Korea Bizwire) — The National Fire Agency said Tuesday it will set up an integrated information system that will enable real-time transmission of video and voice data between firefighting helicopters and the situation room at each regional headquarters by February of next year. While voice transmission between helicopters and the situation room [...]
SEOUL, Aug. 4 (Korea Bizwire) — South Korea said Tuesday it will release data on restaurants that follow sanitary guidelines meant to avoid the spread of the new coronavirus to induce people to dine out more without being excessively concerned about safety. “The data on the safe restaurants will speed up the efforts to prevent [...]
NEW YORK and BRUSSELS, Belgium, Jan. 29 (Korea Bizwire) – Collibra, a leader in enterprise data governance and catalog software, today announced $100 million in series E funding at a post-money valuation of more than $1 billion, bringing the company’s total venture funding to $233 million. CapitalG, Alphabet’s growth equity investment fund, led the round, with [...]
SEOUL, Oct. 10 (Korea Bizwire) — Nearly four out of 10 South Koreans have an average household debt of 80 million won (US$70,690), an increase of 3.3 percent from a year ago, according to figures from a credit information provider. The data, provided by National Information & Credit Evaluation Inc. (NICE) to ruling party lawmaker [...]
CHUNCHEON, July 25 (Korea Bizwire) – Gangwon’s provincial government is turning the ‘right to be forgotten’ into business opportunities across its 18 cities and counties starting August. The right to be forgotten refers to the removal of any personal information posted online after a certain period of time. Netizens can now set the time when their [...]
SEOUL, June 1 (Korea Bizwire) – A recent report noted that a monthly average of 4.5GB of data is used by Korean smartphone users. According to the Ministry of Science, ICT and Future Planning in its ‘Wireless Data Traffic Statistics’, the average monthly data usage of LTE smartphone subscribers increased from 4.14GB in January to 4.52GB [...]
SEOUL, Dec.10 (Korea Bizwire) – The government has announced that a public service that will offer new and small businesses advice on the usage of big data is set to be launched. The Ministry of Science, ICT and Future Planning announced that the K-ICT Big Data Center from the National Information Society Agency will be [...]