SEOUL, Dec. 15 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. said Friday it will raise US$1 billion by selling shares to overseas investors, which will be used for merger and acquisition projects. Kakao Corp. said its board of directors approved the plan to raise the cash by issuing global depository receipts [...]
SEOUL, July 10 (Korea Bizwire) – Hyundai Motor Co. and its sister company Kia Motors Corp. said Monday that drivers of their cars will be able to use a voice recognition service to find gourmet restaurants. The owners of Hyundai and Kia vehicles with a built-in navigation system can download the updated content starting Monday, [...]
SEOUL, Dec.24 (Korea Bizwire) – Korean music organizations are demanding that music sites abolish their ‘Song Suggestion’ features. The Recording Industry Association of Korea (RIAK), the Korean Society of Composers, Authors and Publishers (KOSCAP), the Korea Music Copyright Association (KOMCA), the Federation of Korean Music Performers, the Korea Singers Association and the Korea Entertainment Producer’s [...]
SEOUL, Dec. 7 (Korea Bizwire) – The music video for “Bang Bang Bang” by South Korean boy band BigBang is the most watched K-pop video of the year, YouTube said Monday. The U.S. video-sharing website revealed the top 10 K-pop videos of 2015, and all five songs included on the act’s latest album “MADE” are [...]
SEOUL, Oct. 22 (Korea Bizwire) – CJ E&M, which manages the music site mnet.com, has decided to abolish its ‘recommended music’ section. ‘Recommended music’ refers to songs that are selected by music sites for increased promotion, and are displayed right above the ranking charts. If a song is selected as ‘recommended music’, it is easier [...]
SEOUL, Oct. 8 (Korea Bizwire) — The age gap is nothing: Singer IU has been dating singer-songwriter Jang Ki-ha, her management agency said Thursday. The 22-year-old beloved singer and actress, and the 33-year-old Jang “began interacting with music starting about two years ago and have been in a relationship to date,” Loen Entertainment said in [...]