Kate Park
South Korean prosecutors have refuted Do Kwon’s claim from over the weekend that he is not on the run and asked Interpol to issue a red notice against the Terraform Labs’ co-founder, escalating the publicly playing out drama following the $40 billion wipeout on his cryptocurrency startup in...
South Korea has hit Google and Meta with a fine of ~$71.8 million (100 billion KRW) after finding they violated the country’s privacy law, the country’s authorities said on Wednesday.
The watchdog said in its statement that Google and Meta did not receive legitimate consent in the process of...
Corporations have been dealing with IT operations and security management since the coronavirus pandemic that has changed the way in which people work — remote or hybrid work — and accelerated the market opportunity. Josys, spun off from its parent company Raksul last year, launched its automated management...
Tailor, a Japan-based back-end enterprise resource planning (ERP) platform, said today it has raised $4.3 million in seed funding from Y Combinator and Global Brain.
Founded in 2021 by Yo Shibata and Misato Takahashi, Tailor provides a headless ERP platform, meaning an ERP without a front end, instead delivering...
LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs.
The announcement comes roughly eight months after LG Electronics said at its press conference that it plans to incorporate NFT features...
Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space.
A spokesperson of 42dot told TechCrunch that the startup is in talks with Hyundai Motor, but cautioned that terms...
Gbike, a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system.
Gbike CEO Walter Yoon told TechCrunch that the deal, which is its first acquisition, will be completed in...
Powin, an energy storage technology developer, said today it has raised $135 million in funding led by Singapore’s sovereign wealth fund GIC, with participation from existing investors Trilantic Energy Partners North America and Energy Impact Partners (EIP).
The investment comes on the back of the recent funding from Samsung...
South Korean messaging giant Kakao confirmed today it will remove an external payment option after Google blocked the South Korean company behind KakaoTalk from issuing updates.
The South Korean company continued using an external payment link in its Android app against Google’s new in-app payment rules. While the app’s...
Shota Horii, his twin brother Yuta Horii and Jun Taketani co-founded SmartBank in 2019 after selling their previous startup Fablic, a Japanese online secondhand marketplace, to Rakuten in 2016. While operating Fablic, the trio found that many users still used cash to pay and manage their day-to-day finance. The founders wanted to address...
