Business, IT & software, Consumer, Technology
499 storiesApple and LG Electronics jointly develop smart home devices under LG brand
Apple and LG Electronics are jointly developing smart home devices — a camera-equipped video doorbell, smart door lock, security camera and smart thermostat — which will be sold under the LG brand, according to Bloomberg reports cited by Ko…
POSCO completes second Argentine lithium plant, eyes 50,000-ton output
POSCO Holdings held a completion ceremony on 6 October local time for the upstream stage of its second brine lithium plant near the Hombre Muerto salt flat in Argentina, the company said on 7 October. The plant has 23,000 tons of annual lit…
Kuaishou’s Kling AI plans Hong Kong IPO as early as next year, seeks $1bn
Kling AI, Kuaishou’s AI video service, plans to list in Hong Kong as early as next year, according to CLS, IT Home and 36Kr. IT Home reported the IPO could raise at least $1 billion and that CICC, Goldman Sachs and UBS have been selected as…
UAE ranks first globally in citizen satisfaction with government digital services
The UAE ranked first globally in citizen satisfaction with government digital services, with 89% of respondents rating them highly, according to Boston Consulting Group’s 2026 Digital Government Citizen Survey Report. The survey, conducted …
AMD CEO Lisa Su to visit Korea Oct. 7 for Gamer Day; AI chip talks expected
AMD chair and CEO Lisa Su will visit Korea on Oct. 7, about seven months after her March trip, to attend an “AMD Gamer Day” event at 2 p.m. at Dragon City in Yongsan-gu, Seoul, AMD said. Su and senior vice president Jack Huynh will attend, …
Suhyup Bank president selection fails again at second committee vote
Suhyup Bank's bank president recommendation committee failed for a second time on Oct 6 to name a final candidate, because no nominee won the required four votes from the five-member panel. The vote again split 3-2 between incumbent preside…
Korea financial regulator orders AI-based defense after hacking wave
South Korea’s Financial Services Commission held an emergency meeting on 4 October after hacking and data leaks were confirmed at seven financial companies, including Shinhan, KB Kookmin, Hana and BNK Busan banks, savings banks Yegaram and …
Burger King ends Yoo Hae-jin ad campaign amid “Assassin(s)” dispute and boycott calls
Burger King ended its advertising campaign featuring actor Yoo Hae-jin for the autumn menu item Truffle Mushroom Whopper, about two weeks after the product's Sept 16 launch, as online calls to boycott products he advertises spread amid the …
Shinhan Bank data breach victims move toward class action in Seoul
A law firm in Seoul has begun recruiting plaintiffs for a damages class action against Shinhan Bank over a data breach that exposed about 25,000 customers’ personal information on Oct. 1. Shinhan’s chief executive has apologised and promise…
Nongshim floats 6-meter Shin Ramyun cup on London's Thames in brand campaign
Nongshim said it floated a roughly 6-meter-tall Shin Ramyun cup sculpture along the River Thames in London, departing Royal Docks on the afternoon of Oct 6 local time and passing the London Eye and Big Ben. The company said the installation…
Korea police open formal probe into AI-linked hacking of financial firms
South Korean police have converted their investigation into a series of AI-linked hacking attacks on financial institutions into a formal probe, assigning a 28-member, four-team dedicated unit. Data leaks have been confirmed at seven financ…
Korea financial regulator orders full security review after bank data leaks
Financial Services Commission Chairman Lee Eok-won chaired an emergency meeting of the entire financial sector in Seoul on Oct. 4 after customer data leaks spread from major banks to non-bank lenders, saying the possibility of AI-enabled ha…
Russian PM Mishustin to speak as “Digital Solutions” forum opens in Moscow
The “Цифровые решения” (Digital Solutions) forum opened in Moscow on 6 October, with more than 13,000 people registered, according to RIA Novosti. Prime Minister Mikhail Mishustin will take part, speaking at the main plenary session and tou…
MBK's 2.4 mln Homeplus shares cancelled free of charge; 600 bln won burden stays
MBK Partners' 2.4 million Homeplus common shares, acquired for about 2.5 trillion won, were cancelled without compensation on September 14 under a court-approved rehabilitation plan, Bloter and Korean business outlets reported. MBK and Chai…
GMO Research & AI says up to 948,498 infoQ members' data breached; site halted
GMO Research & AI said a vulnerability in its survey site infoQ was exploited and personal data for up to 948,498 members was taken out. Points worth about 2.87 million yen were exchanged without members' consent, which the company said it …
Paramount Skydance closes $110bn Warner Bros. Discovery acquisition
Paramount Skydance completed its purchase of Warner Bros. Discovery for $110bn, and the combined company is named Skydance. Its shares will trade on the New York Stock Exchange under the ticker SKYD, while WBD shares stopped trading on Nasd…
Shinsegae invests $1bn in Warner Bros. deal as Paramount completes takeover
Shinsegae Group said its unit Shinsegae Property will invest $1bn (about 1.4 trillion won) in the takeover of Warner Bros. led by Paramount Skydance, alongside David Ellison and US investment firm RedBird. Paramount completed the acquisitio…
Hyundai Engineering wins 870bn-won Incheon data centre project with KT Cloud
Hyundai Engineering said it won a project worth about 870 billion won to build a 50-megawatt data centre in Incheon, with KT Cloud as joint contractor and, according to KT Cloud, design-build-operate partner. Hyundai Engineering says constr…
LG Electronics Q3 revenue 23.8 trillion won, operating profit up 13.5% but below consensus
LG Electronics reported preliminary third-quarter revenue of 23.827 trillion won, up 8.9% from a year earlier, and operating profit of 781.8 billion won, up 13.5%. Both figures fell short of the average analyst consensus, and the shares dro…
Former Yaskawa Electric president Masahiro Ogawa dies at 62
Masahiro Ogawa, former president and vice chairman of Yaskawa Electric, died on Oct. 2 of illness at 62, the company announced on Oct. 5. An engineer who spent most of his career in the industrial robot business and helped open the US marke…