Tag: South Korea
South Korean President to invest $7 billion into AI
South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence by 2027 as...
Google’s AI wing raises $100 million from South Korea
South Korea’s largest telecommunications operator, SK Telecom, said it will invest US$100-million in US artificial intelligence firm Anthropic to strengthen its telecoms-driven AI business.
Anthropic,...
Google hit with $32 million antitrust fine in Korea
South Korea’s competition watchdog has slapped a KRW42.1 billion ($32.4 million) fine on Google’s local and regional units for requiring gaming companies to launch...
Google, Meta FINED about US$72m in South Korea for data breach
South Korea’s data protection authority has fined Google and Meta Platforms a combined KRW100 billion ($71.8 million) for violations of privacy laws in their...
UK, South Korea ink data sharing deal
The UK government has struck a deal with South Korea to boost data sharing between the nations, a move designed to spark a new...
Google fined $177 million in South Korea, plans to protest fine
A South Korean antitrust regulator has fined Alphabet Incorporated's Google $176.64 million for blocking customized versions of its Android operating system (OS), but Google...
Apple faces stiff sanctions in South Korea for blocking probe
Apple continues to face huge sanctions in South Korea for allegedly putting stumbling blocks in the way of a probe by industry regulator Fair...