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Robotics Startup Makeblock Raises Over $30M in Series B Funding

Robotics Startup Makeblock Raises Over $30M in Series B Funding

SHENZHEN, China, Mar. 16 (Korea Bizwire) — Makeblock Co., Ltd, the STEM education and robotics startup, today announced it has closed a $30 million Series B round at a $200 million valuation led by Evolution Media China and Shenzhen Capital Group Co., Ltd. The funding supports Makeblock’s expansion into new markets, further product development and [...]

Gov’t Tries to Quash Watermelon Misconception

Gov’t Tries to Quash Watermelon Misconception

SEJONG, Apr. 15 (Korea Bizwire) – The Korean government will promote the distribution of watermelons whose stems are cut-off during harvesting, said the Ministry of Agriculture, Food and Rural Affairs (MAFRA) on April 14. Watermelon stems have been a conventional indicator of the quality and the freshness of watermelons for Koreans, who have created a [...]

Korea’s Job Market Turns Face away from Humanities Graduates

Korea’s Job Market Turns Face away from Humanities Graduates

SEOUL, Oct. 22 (Korea Bizwire) – It becomes common that humanities majors are neglected while STEM (science-technology-engineering-math) majors take center stage in job markets across the world. The Wall Street Journal reported on June 6, 2013, that the unemployment rate of graduates majoring in English among recent college graduates in the United Sates was 9.8 percent. [...]

Can an Old Refrigerator Be Turned into an Electric Race Car? ComEd Launches New Icebox Derby STEM Initiative

Can an Old Refrigerator Be Turned into an Electric Race Car? ComEd Launches New Icebox Derby STEM Initiative

CHICAGO, July 10, 2014 (Korea Bizwire)–Thirty-one aspiring female inventors will compete to build and race  electric cars created from old refrigerators as part of a new initiative  launched by ComEd. The program, dubbed “The Icebox Derby,” is  co-sponsored by Girls4Science, Girl Scouts of Greater Chicago and  Northwest Indiana and the Chicago Urban League and is [...]

Samsung Mobile Launches Technology Partnership with Boys & Girls Clubs of America

Samsung Mobile Launches Technology Partnership with Boys & Girls Clubs of America

RICHARDSON, Texas & ATLANTA, Apr. 10, 2014 (Korea Bizwire) — Science, technology, engineering and math (STEM) are critical to the future success of young people as many of the fastest growing jobs in the U.S. will require some education in STEM. Samsung Telecommunications America, LLC (Samsung Mobile) today announced a national technology partnership with Boys [...]

Education Requirements for Employment on the Rise, According to CareerBuilder Survey

Education Requirements for Employment on the Rise, According to CareerBuilder Survey

CHICAGO, March 20, 2014 (Korea Bizwire) – For many companies, an associate or bachelor’s degree is increasingly becoming the new high school diploma. According to a new CareerBuilder survey, 27 percent of employers say their educational requirements for employment have increased over the last five years and 30 percent are hiring more college-educated workers for positions [...]