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South Korea to consult Naver, after report firm faces Japan pressure to divest stake

South Korea said on Saturday it will consult with Naver, after media reported that the domestic internet company was under pressure from Japan to divest from a venture, adding that its companies should not face discrimination. The South Korean foreign ministry was asked to respond to a Kyodo news agency report earlier this week that Japan's SoftBank Group was in talks to buy shares of LY Corp from Naver after administrative guidance from Japan's internal affairs and communications ministry over a data leak last year.

Seoul , Soult-ukpyolsi , South-korea , Tokyo , Japan , Korea , South-korean , Muralikumar-anantharaman , Katya-golubkova , Hyunsu-yim , Softbank-group , Korea-party

The NFB at the 2024 Sommets du cinéma d'animation: a wave of premieres

The NFB at the 2024 Sommets du cinéma d'animation: a wave of premieres
webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.

Montreal , Quebec , Canada , Iran , Ottawa , Ontario , Tranquille , British-columbia , France , Austria , French , Canadian

TechTaka raises $9.5M for its e-commerce fulfillment service

TechTaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding from a sole investor, Altos Ventures. The outfit helps e-commerce sellers manage the supply chain, from warehousing, order packing and shipping, so that TechTaka users can focus on product and marketing. The startup also provides a SaaS operating system to optimize the online vendors' supply chain and logistics operations.

South-korea , South-korean , Kyung-wook-lee , Soo-young-yang , Steve-kim , Young-yang , Kakao-ventures , Fulfillment-service , Ogistics-services , Outh-korea , Ltos-ventures

Naver Taps Goldman, Morgan Stanley for Webtoon Unit's US IPO

(Bloomberg) -- Naver Corp. has enlisted Goldman Sachs and Morgan Stanley to work on a US initial public offering for its online comics operator over the summer, accelerating the much-anticipated market debut of one of its fastest-growing businesses.Most Read from BloombergPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionHawaii Rightly Rejects Supreme Court’s Gun NonsenseDozens of Banks Rapidly Piled Up Co

United-states , China , South-korea , Chinese , America , Bloomberg-businessweek , Robert-lea , Los-angeles , Jasmine-lyu , Kakao-corp , Webtoon-entertainment-inc , Coupang-inc

L'Oréal to acquire Gjosa, environmental water tech startup behind breakthrough Water Saver innovations

L'Oréal to acquire Gjosa, environmental water tech startup behind breakthrough Water Saver innovations
webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.

France , Clichy , France-general- , Laurent-manca , Amin-abdulla , Nicolas-hieronimus , Barbara-lavernos , While-the-company , Water-saver , Switzerland-based-gjosa , Middle-east , Business-opportunities

FTC to regulate platform businesses' monopolistic practices

By AsiaToday reporter Lee Ji-hoonThe Fair Trade Commission (FTC) has proposed a bill to pre-regulate monopolistic platform operators, such as Naver an..

South-korea , Seoul , Soult-ukpyolsi , Han , Lee-ji-hoon , Yoon-suk-yeol , Fair-trade-commission , Trade-commission-chairman-han-ki-jeong , Government-complex-seoul , President-yoon-suk-yeol , Han-ki-jeon

Twitch Will Shut Down South Korea Platform Due to 'Expensive' Network Fees

Twitch announced that it will cease its services in South Korea because of expensive internet fees on the site.

South-korea , South-korean , Dan-clancy , Youtube , Netflix , Martin-bureau-getty-images , Expensive-network-fees , Getty-images , East-asian , Youtube-pull-back-big-money-deals , Live-streaming-sites , Twitch

Intel beats NVIDIA in GPU business: South Korea's 'Google' buys Intel CPUs for AI workloads

South Korea's 'Google', Naver, is switching over to using CPUs for some of its AI workloads away from GPUs, because of supply chain + high prices.

Singapore , Taiwan , South-korea , Korea , Taiwanese , Intel , Nvidia , Google , Korea-economy-daily , Naver-place , Korean-economy

NAVER Whale Drives Digital Transformation in Mongolian Education with Edutech Expertise

NAVER Cloud (CEO Kim Yu-won) Whale is paving the way for a futuristic learning environment in Mongolia by utilizing "Whalespace" and "Whalebook". Whale, with its web-based edutech technology, has been at the forefront of digital transformation across 17 offices of education in South Korea, and it plans to extend its reach globally.

South-korea , Mongolia , Ulaanbaatar , Mongolian , South-korean , Republic-of-korea , Enkh-amgalan-luvsantseren , Kim-hyo , Shin-seung-yong , Ulaanbaatar-trade-office , Mongolian-ministry-of-education , Embassy-of-the-republic-korea

Naver Wins Saudi Deal to Build Digital Replicas of Mecca, Riyadh

(Bloomberg) -- South Korean internet leader Naver Corp. won a contract to build and operate a cloud platform for Saudi Arabia, securing its first major high-tech export to the Middle East. Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantWall Street Trading Rattled by Wild Treasury Moves: Markets WrapHostages and Hezbollah Force Israel to Rethink Gaza Ground WarTreasury 10-Year Yield Breaches 5% for First Time Since 2007Money Managers With $100 Trillio

Saudi-arabia , Mecca , Makkah , Seoul , Soult-ukpyolsi , South-korea , Riyadh , Ar-riya- , South-korean , Saudi , Bloomberg-businessweek , Shinhye-kang