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S. Korean Government Takes Aim at Google

S. Korean Government Takes Aim at Google

SEOUL, Nov. 25 (Korea Bizwire) — The government has accused global tech giant Google Inc. of tax evasion and taking advantage of local game companies. The National Tax Service (NTS) said Wednesday that it will conduct a tax probe into suspected tax evasion and aggressive tax evasion offshore. In particular, for the first time, multinational [...]

Gov’t Mulls Imposing Tax on YouTube

Gov’t Mulls Imposing Tax on YouTube

SEOUL, Aug. 16 (Korea Bizwire) — The government has begun full-fledged discussions on levying taxes and funds for online video services, a so-called “YouTube tax.” The Ministry of Science and ICT recently asked the Korea Legislation Research Institute, a government-funded research institute, to carry out research projects on overseas trends of digital taxes, including YouTube [...]

S. Korean Telecom Providers Allegedly Engage in Discriminatory Acts Against Domestic Content Providers

S. Korean Telecom Providers Allegedly Engage in Discriminatory Acts Against Domestic Content Providers

SEOUL, Apr. 25 (Korea Bizwire) — The Citizens’ Coalition for Economic Justice (CCEJ) has claimed that South Korea’s three major telecommunications companies — KT Corp., LG Uplus Corp., and SK Broadband Inc. — are discriminating against South Korean firms by collecting minimal fees from Google, Facebook, Netflix, and other foreign content providers for accessing their [...]

Google Finally Corrects ‘Kitei Son’ to ‘Sohn Kee-chung’

Google Finally Corrects ‘Kitei Son’ to ‘Sohn Kee-chung’

SEOUL, Apr. 4 (Korea Bizwire) — Google, which previously identified Sohn Kee-chung, a gold medalist in the marathon at the 1936 Berlin Olympics, as ‘Kitei Son,’ his name under the Japanese occupation of Korea, has finally corrected it to the Korean name, according to the Voluntary Agency Network of Korea (VANK) on Wednesday. If you [...]

Google to Expand Digital Literacy Education in S. Korea

Google to Expand Digital Literacy Education in S. Korea

SEOUL, Mar. 21 (Korea Bizwire) — Google Inc. announced on Wednesday that it will help expand the ‘Digital and Media Literacy Education Program’ nationwide to educate the public on the standard of making proper judgement on digital media and how to use a variety of digital media tools. Jacquelline Fuller, president of Google.org, the charitable [...]

S. Korea Asks Google to Change Some of its Terms of Service

S. Korea Asks Google to Change Some of its Terms of Service

SEJONG, Mar. 14 (Korea Bizwire) — Google Inc. said Thursday that it has decided to voluntarily correct many of its terms of service after South Korea’s antitrust regulator made the world’s first corrective recommendation against the U.S. Internet giant. The Fair Trade Commission (FTC) said Google should inform its users individually of changes to its [...]

Fossil Group Enters Agreement to Sell Select Smartwatch Technology To Google

Fossil Group Enters Agreement to Sell Select Smartwatch Technology To Google

RICHARDSON, Texas, Jan. 17 (Korea Bizwire) — Today, Fossil Group (NASDAQ:FOSL) announced its plan to sell to Google for $40 million intellectual property (IP) related to a smartwatch technology currently under development by Fossil Group. As part of the transaction, a portion of Fossil Group’s research and development (R&D) team currently supporting the transferring IP [...]