SEOUL, May 22 (Korea Bizwire) — A group of South Korean and global tech companies adopted a joint pledge on Wednesday, vowing to responsibly develop and use artificial intelligence (AI) and to address social challenges with the technology. The Seoul AI Business Pledge was announced by 14 companies, including Korea’s Samsung Electronics Co., Naver Corp., [...]
SEOUL, May 17 (Korea Bizwire) — A senior foreign ministry official called for Japan on Friday to help ensure that Naver Corp. can make its own decision about whether to sell down its stake in the operator of the Line messaging app without “external pressure.” Second Vice Foreign Minister Kang In-sun made the call during [...]
SEOUL, May 14 (Korea Bizwire) — Photo-sharing app Instagram overtook Naver, the nation’s leading internet portal, as the third most popular mobile app in South Korea in terms of usage time last month, industry data showed Tuesday. South Koreans spent a combined 20.9 billion minutes on Instagram in April, according to the data by mobile [...]
SEOUL, May 14 (Korea Bizwire) – As Naver weighs selling its stake in LINE Yahoo to SoftBank, employees at LINE’s Korean subsidiaries are grappling with uncertainty about their future. Just six months after the merger of LINE and Yahoo Japan, Naver’s consideration of divesting its LINE Yahoo shares has sparked concerns about job security among workers. [...]
SEOUL, May 13 (Korea Bizwire) – The attention of South Koreans has intensified around the “Line crisis” triggered by demands from the Japanese government, including a review of Naver’s stake in the messaging app Line. This has led to a 15-fold surge in online searches for “Line” over the past four days. According to Naver Data [...]
SEOUL, May 13 (Korea Bizwire) — The labor union of Naver Corp. on Monday voiced opposition to a possible sale of stake in the operator of the popular Line messenger app, saying protecting employees and technology concerning the app should be top priority for Naver. Naver has been under pressure from the Japanese government to [...]
SEOUL, May 7 (Korea Bizwire) – Samsung Electronics, SK Telecom and Naver have emerged as the top artificial intelligence companies in South Korea, according to a survey of people from the MZ generation (those born between 1980 and the early 2000s) by the job platform Jobplanet. The survey of 947 MZ generation respondents revealed Samsung Electronics, [...]
SEOUL, May 3 (Korea Bizwire) — Tech giant Naver Corp. said Friday it has yet to determine its position regarding Tokyo’s apparent pressure on LY Corp., the operator of popular mobile messenger app Line in Japan, to review its relationship with the Korean company. “Rather than determining whether to follow the guidance or not, we [...]
SEOUL, Apr. 17 (Korea Bizwire) – As the new Korean Baseball Organization (KBO) season kicks off, baseball enthusiasts are flocking to interest-based chat services operated by Naver and Kakao, South Korea’s leading internet companies. According to industry sources, Naver’s open chat service, Open Talk (Naver Talk), now features dedicated chat rooms for each of the KBO’s [...]
SEOUL, Apr. 11 (Korea Bizwire) – Writers serializing their works on Naver Webtoon will now be able to take two breaks per year without any concerns, as the platform has recently revised its serialization rules. According to webtoon industry insiders on April 10, Naver Webtoon has formalized a new policy allowing creators to take a break [...]