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Finance

KB Securities consortium named preferred bidder for Homeplus Yeongdeungpo store purchase

A consortium led by KB Securities was named the preferred bidder for the purchase of the Homeplus Yeongdeungpo store, it said on April 28. The consortium plans to establish a project financing investment vehicle in May and complete procedures for signing the main contract and paying the deposit. It then plans to raise a bridge loan in July to secure ownership and develop apartments on the site after approvals.

Telecommunications & Media

KT offers Genie TV prize events and special content for Family Month

KT said on April 28 it has prepared content and promotions for Genie TV IPTV customers to mark May, designated as Family Month. It will offer a 3,000 won VOD coupon to all customers who buy the ownership VOD of the film \"The Man Who Lives with the King\" and will award 60 travel prizes by lottery. It will also run prize draws tied to Disney-Pixar animation \"Hoppers\" and the drama \"Scarecrow\", plus family programming and subscription discounts.

AI & Enterprise

Government joins hands with Google DeepMind to step up \'K-Moonshot\' through global partnerships

South Korea\'s Ministry of Science and ICT will cooperate with Google DeepMind on AI-based science and technology innovation, including joint research, talent development and responsible AI use. The sides signed a memorandum of understanding in Seoul and agreed to expand collaboration across technology, infrastructure and researcher exchanges. They also plan internships, an AI campus in South Korea, and joint work on AI safety and governance, including testing methodologies.