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Posts Tagged ‘South Korea’

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 ...

Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute

As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones. The company said its second-quarter operating profit fell 55.6% year-over-year to 6.6 trillion won (about $5.6 billion), on consolidated revenue of 56.13 trillion won, slightly above the guidance it issued three ...

White Star Capital eyes Asia growth with new Hong Kong office

For western startups looking to enter Asia and Asian startups expanding globally, more funding has become available as investors are increasingly looking to export local tech solutions to overseas markets. Globally based venture capital firm White Star Capital has set up a new office in Hong Kong this month to capture entrepreneurs in the budding ...

W(hy)TF are Japan and South Korea in a trade war?

Another week, another trade war. And unlike most trade wars these days, this one didn’t originate from the confines of the Rose Garden with the Marine One whirlybird in the background. No, like any Ice Bucket Challenge-worthy meme, others are getting in on the trade war bandwagon and making it their own. Cue Japan and ...

Swit, a collaboration suite that offers “freedom from integrations,” raises $6 million in seed funding

A marketplace dominated by Slack and Microsoft Teams, along with a host of other smaller workplace communication apps, might seem to leave little room for a new entrant, but Swit wants to prove that wrong. The app combines messaging with a roster of productivity tools, like task management, calendars and Gantt charts, to give teams ...

Japan will restrict the export of some materials used in smartphones and chips to South Korea

Japan’s trade ministry said today that it will restrict the export of some tech materials to South Korea, including polyimides used in flexible displays made by companies like Samsung Electronics. The new rules come as the two countries argue over compensation for South Koreans forced to work in Japanese factories during World War II. The ...