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Thu, May 24, 2018 | 15:10

Biz & Tech > IT >

Koo Bon-moo's adopted son to become new LG chief

Following the death of the late LG Group Chairman Koo Bon-moo, his adopted son, Koo Kwang-mo, is set to take the helm of the family-controlled conglomerate in line with the conglomerate's long held tradition.

IT | 2018-05-20 13:46

Kakao to enhance synergy effect with Melon

Kakao, an operator of the nation's largest messaging app Kakao Talk, is seeking to take the lead in the music market by merging with Kakao M, the firm's entertainment affiliate operating music-streaming service Melon.

IT | 2018-05-18 18:38

SKT moving to expand in Japanese market

SK Telecom (SKT) is moving to expand its influence in the Japanese market, establishing its third overseas corporation in Tokyo, the firm said Friday.

IT | 2018-05-18 18:36

Beware: 'GandCrab' ransomware spreading

GandCrab, which first appeared in January overseas, sends a malicious URL through emails for a ransom note demanding a payment in cryptocurrency. Ransomware refers to malware that locks up files on a computer with encryption until the victims pay a certain amount of money to hackers.

IT | 2018-05-18 14:40

ICTK, Pax Datatech to develop next generation blockchain platform

Korea's Security R&D company ICTK Holdings (ICTK) will jointly develop a next-generation blockchain platform, called “colorchain,” with Pax Datatech, a Singapore-based firm, developing a color platform.

IT | 2018-05-17 16:33

Samsung integrates Bixby into home appliances

Amid the proliferation of the internet of things (IoT), Samsung Electronics said Thursday it will integrate its artificial intelligence (AI) voice assistant Bixby with home appliances.

IT | 2018-05-17 16:27

LG facilitating succession on chairman's deteriorating health

LG Corp. said Thursday it will hold an emergency shareholders' meeting to elect Koo Kwang-mo as an inside director, to ensure group units do not experience a power vacuum due to the illness of his father and long-time Chairman Koo Bon-moo, who has been listed as in “critical condition.”

IT | 2018-05-17 16:18

Samsung SDS to start cloud B2B service

Samsung SDS, the IT services arm of the nation's top conglomerate, will expand its cloud computing service to corporate clients later this year, the company said Thursday.

IT | 2018-05-17 15:34

Can Koo save LG with auto business?

LG Electronics' Vice Chairman Koo Bon-joon has been given a new job as vice chairman of LG Group, the holding company which oversees and directs group affiliates.

IT | 2018-05-17 09:12

Chinese knockoff of Dyson hits big among Korean consumers

It has been a while since budget electronics made in China have gained popularity in Korea. Though they lack in quality and have less reliable warranties, more consumers rush to purchase those products mainly due to their affordable prices.

IT | 2018-05-16 17:52

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Hawaii's Kilauea volcano goes 'ballistic'