Article Trunk



Posts Tagged ‘South Korea’

YouTube has seen soaring growth in South Korea

Earlier this week, Google released revenue figures for YouTube for the first time in the product’s history, revealing that the video service pulled in $15.1 billion in advertising revenues in 2019. Growth was 31% year-over-year during the quarter — strong growth for such a late-stage property, but of course, everyone always wants more. The company ...

NASA sets 2022 launch for air quality sensor that will provide hourly updates across North American

NASA is sending a payload that could help improve air quality forecasting to orbit aboard a Maxar 1300-class satellite whose primary mission is to provide commercial satellite communications for Intelsat customers, the agency announced today. NASA’s new air quality measurement tool is called ‘TEMPO,’ which stands for Tropospheric Emissions: Monitoring of Pollution, and it’ll provide ...

Mobileye expands its robotaxi footprint with a new deal in South Korea

Mobileye announced Tuesday an agreement to test and eventually deploy a robotaxi service in Daegu City, South Korea, the latest example of the company’s strategy to expand beyond its traditional business of supplying automakers with computer vision technology that power advanced driver assistance systems. Under the agreement, which was announced at CES 2020, Mobileye will ...

Union-busting chairman of Samsung Electronics gets 18 months for labor law violations

The latest Samsung Electronics executive to go to prison for one of a variety of crimes is Lee Sang-hoon, chairman of the company's board. A recent investigation unearthed conclusive evidence that Lee conspired with others at the Samsung to crush unions and unionizing efforts there, in violation of South Korea's labor laws. ...

Storm Ventures just closed its sixth fund with $130 million

Storm Ventures, a now 19-year-old, Sand Hill Road venture firm in Menlo Park, Ca., has closed on $130.4 million, shows a new SEC filing. The outfit began its fundraising late last, according to an earlier filing. It had closed its previous fund with $180 million in 2015. Storm distinguishes itself in numerous ways, including its ...

Attribution is hard: the incredible skullduggery used to try to blame the 2018 Olympic cyberattack on North Korea

Wired has published another long excerpt from Sandworm, reporter Andy Greenberg's (previously) forthcoming book on the advanced Russian hacking team who took the US-Israeli Stuxnet program to the next level, attacking Ukrainian power infrastructure, literally blowing up key components of the country's power grid by attacking the embedded code in their microcontrollers.

Earlier installments ...

South Korea-based Mathpresso, developer of tutoring app Qanda, raises $14.5 million Series B

Seoul-based education technology startup Mathpresso announced today that it has raised $14.5 million in Series B funding. The company’s flagship app is Qanda, which provides students with math and science help and tutoring. Participants in the round include Legend Capital, InterVest, NP Investments and Mirae Asset Venture Investment. This brings Mathpresso’s total funding so far ...

Gogoro launches its electric scooters for businesses in South Korea

Gogoro, the Taiwanese electric vehicle and mobility platform company, announced today that it has partnered with motorcycle company TIC Corporation to bring its B2B-focused electric scooters to South Korea. Gogoro 2 Utility, a version of the company’s Smartscooters created for logistics and delivery fleets, will be available for purchase through TIC, starting in Seoul. Today’s ...

Why South Koreans are boycotting Japan

Last month Japan's prime minister Shinzo Abe announced that shipments of high tech equipment and material to South Korea will undergo additional screening to make sure the imported materials are not being used for military or weapons purposes. The screenings will start on August 28. Until the announcement, South Korea' enjoyed most favored nation status ...