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S. Korean Law Banning Google and Apple’s In-app Purchases Welcomed by U.S. Firms

S. Korean Law Banning Google and Apple’s In-app Purchases Welcomed by U.S. Firms

SEOUL, Sept. 3 (Korea Bizwire) — A U.S.-based group of companies is celebrating the passing of the revised bill of the Telecommunications Business Act in South Korea to curb the sway of Google and Apple when it comes to app store fees. One U.S. game developer welcomed the news, calling himself “a Korean.” “As President [...]

Facebook, Netflix Fined over Privacy Violations in S. Korea

Facebook, Netflix Fined over Privacy Violations in S. Korea

SEOUL, Aug. 25 (Korea Bizwire) — A South Korean watchdog on personal information protection on Wednesday fined major foreign platform service providers nearly 6.7 billion won (US$5.7 million) over privacy violations. The Personal Information Protection Commission meted out the penalty against Facebook, Netflix and Google and ordered them to fix the problems following its probe. [...]

S. Korea Looks Set for Legislation to Curb Google, Apple’s In-app Billing System

S. Korea Looks Set for Legislation to Curb Google, Apple’s In-app Billing System

SEOUL, Aug. 25 (Korea Bizwire) — A parliamentary committee on Wednesday passed a bill to ban Google and Apple from forcing app developers to use the platforms’ payment systems, clearing the last remaining hurdle before a final vote. The legislation and judiciary committee of the National Assembly approved the revision of the Telecommunications Business Act, [...]

U.S. Firms Drum Up Support for S. Korean Bill Designed to Curb App Store Operators

U.S. Firms Drum Up Support for S. Korean Bill Designed to Curb App Store Operators

SEOUL, Aug. 3 (Korea Bizwire) — A U.S.-based group of companies that has voiced opposition to commissions major app stores collect from developers expressed support Tuesday for legislative movement in South Korea to pass a bill that seeks to curb the so-called app store taxes. Last month, the National Assembly’s Science, ICT, Broadcasting and Communications [...]

Universities Baffled over Google’s Decision to End Free Mail and Cloud Services

Universities Baffled over Google’s Decision to End Free Mail and Cloud Services

SEOUL, June 21 (Korea Bizwire) — Universities and students are baffled by Google Inc.’s abrupt decision to end free, unlimited mail and cloud storage service for college students and introduce paid subscription fees next year. The South Korean unit of U.S. tech giant recently sent out notices to universities in the country using Google’s cloud [...]

Google to Invest Over 50 bln Won in Kakao Mobility

Google to Invest Over 50 bln Won in Kakao Mobility

SEOUL, April 1 (Korea Bizwire) — U.S. tech giant Google will invest more than 50 billion won (US$44.15 million) in Kakao Mobility Corp., the country’s top taxi-hailing company, parent Kakao Corp. said Thursday. Google will invest in Kakao Mobility by acquiring new shares worth 56.51 billion won, according to a regulatory filing from Kakao. The [...]

Google Sits Idle Despite Service Failures, Putting Consumer Protection on the Back Burner

Google Sits Idle Despite Service Failures, Putting Consumer Protection on the Back Burner

SEOUL, March 31 (Korea Bizwire) — Global tech giant Google Inc. is facing criticism in South Korea for putting consumer protection on the back burner despite having an unrivaled presence in the domestic mobile operating system (OS) market. Today, Google commands a share of more than 70 percent of the nation’s mobile OS market. On [...]