Rapolabs, which is pursuing the acquisition of SK Stoa, withdrew its application for approval to change the home-shopping broadcaster’s largest shareholder. The Korea Communications Commission ended its review process after being notified of the withdrawal. A review panel had said Rapolabs’ financing and operating plans did not meet approval standards. Rapolabs said it has not abandoned the acquisition and plans to reapply after revising its contract with SK Telecom.

South Korea\'s Broadcasting Media and Communications Commission plans to upgrade its response system to false and manipulated information under a revised information network law. It will push to strengthen accountability for large platforms and seek to set up a transparency centre to support fact-checking. The commission also plans to introduce labelling for online AI-generated content and raise transparency around recommendation algorithms. It is reviewing measures to regulate youth SNS use and preparing pay-TV regulatory changes and other media policy steps.