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Telecommunications & Media
Korea PP association urges Korea Music Copyright Association to correct 'comprehensive collection' practice
The Korea Broadcasting Channel Use Business (PP) Association urged the Korea Music Copyright Association to correct its collection practices, including comprehensive billing based on revenue. The association cited a Seoul Southern District Court ruling on Jan. 29 that dismissed all claims in a damages lawsuit filed by the copyright group against a small PP. The court said actual use, scope of use and objective calculation of damages were not sufficiently proven.
Telecommunications & Media
Kim Jong-cheol inspects Daejeon, Sejong sites in first regional, livelihood visit
Kim Jong-cheol (김종철), chairman of the Broadcast Media and Communications Commission, visited the Daejeon and Sejong area on Feb. 4 to review preparedness for disasters such as strong winds and wildfires and to hear views from the field. He urged the agency’s Daejeon branch to expand contact points with local operators and handle work fairly under law and principles. He later inspected safety and emergency systems at the Gyeryongsan transmission station and visited the Sejong Viewer Media Center.
Industry
Ecopro teams up with innovation foundation to foster regional ventures
Ecopro said on Tuesday it signed a memorandum of understanding with the Foundation for the Promotion of Technoparks and Chungbuk National University’s industry-academic cooperation foundation to support the growth of regional ventures. Under the deal, Ecopro and its affiliates will share technical know-how with venture companies in North Chungcheong and expand an open-innovation model. Ecopro Partners will identify promising firms in the Cheongju special zone, while four affiliates will support technology verification.
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Finance
BNK Financial to support victims of financial crimes including voice phishing
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Finance
IBK Financial Group to launch KOSDAQ value-up, bridge programme
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Finance
KOSPI breaks above 5,300 to hit record high; Samsung Electronics market cap tops 1 trillion won
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Games & Commerce
Naver Webtoon launches 'Eohwadungdung Flower Seonbi Group' crossover project
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Finance
KOSPI hits record high above 5,300; KOSDAQ also rises
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Crypto
Suho IO unveils next-generation FX settlement infrastructure using stablecoins
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Industry
S&P says Samsung Electronics credit metrics to strengthen on rising chip demand
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Industry
Samsung Electronics market cap tops 1 quadrillion won intra-day, first for South Korean company
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Finance
KRX rebuts five key issues in trading hours extension dispute
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Finance
Shinhan Investment says Premier channel clients with 3 billion won or more top 7,000
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AI & Enterprise
Lim Moon-young says AI must become a tool for shared human prosperity
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Crypto
'Big Short' Michael Burry warns of 'financial catastrophe' from bitcoin crash
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Telecommunications & Media
Next Galaxy Tab S12 and Galaxy Watch models surface in GSMA database
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Finance
DailyFunding revamps website as it marks 10th year
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Finance
Shinhan Bank launches rate-cut request agency service