South Korea
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Trends
Samsung expects COVID-19 to hurt smartphone and TV sales, but increase demand for memory
In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the…
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Trends
EV startup Byton furloughs half of its 450-person staff in the US
China-based electric car startup Byton has furloughed about half of the 450 employees who work at its North American headquarters…
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Trends
Airbnb extends no-charge cancellation policy due to coronavirus
Airbnb has announced updates to its policies that provide reservation cancellations without charge for stays booked in specific areas, as…
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Trends
FDA approves new coronavirus test that could speed rate of testing up to tenfold
The U.S. Food and Drug and Administration has granted emergency approval for use of a new test that can increase…
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Trends
US response to the COVID-19 coronavirus moves from ‘containment’ to ‘mitigation’
In interviews across major television networks on Sunday, U.S. officials all but admitted that efforts to contain the spread of…
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Finance
South Korea passes one of the world’s first comprehensive cryptocurrency laws
The South Korean National Assembly passed new legislation today that will provide a framework for the regulation and legalization of…
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Trends
FDA allows new diagnostic technologies to test for coronavirus before receiving emergency approvals
The U.S. Food and Drug Administration said today that it would allow new diagnostics technologies to be used to test…
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STARTUPS
ProtoPie helps designers translate their work to engineering without the hassles
It’s the golden age of design for software companies. Designers are becoming more visible and popular on engineering teams, figuring…
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Trends
Google Cloud opens its Seoul region
Google Cloud today announced that its new Seoul region, its first in Korea, is now open for business. The region,…
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Trends
Samsung teases videocalling on its next foldable during the Oscars
It was South Korea’s — rather than Netflix’s — night at the Oscars, thanks to Bong Joon-ho’s biting class satire…
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