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South Korean President to invest $7 billion into AI

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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

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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

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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

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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

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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

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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

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Apple continues to face huge sanctions in South Korea for allegedly putting stumbling blocks in the way of a probe by industry regulator Fair...
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