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K-content powerhouse CJ ENM has established a wholly owned subsidiary in Riyadh, becoming the first Korean entertainment company to set up operations in Saudi Arabia. The new entity, CJ ENM Middle East, marks a significant milestone in what the company has declared its “first official year of global expansion,” coinciding with the group’s 30th anniversary…
South Korean AI chip startup FuriosaAI announced a partnership on Tuesday to supply its AI chip, RNGD, to enterprises using LG AI Research‘s recently unveiled EXAONE platform. RNGD is optimized for running large language models (LLMs) and just last week, the Korean tech giant LG unveiled its next-generation hybrid AI model EXAONE 4.0. The collaboration…
Gaming, daily purchases, and travel bookings emerge as the leading categories where Gen Z users strongly prefer cryptocurrency. Cryptocurrency payments are gaining prominence among numerous user cohorts for daily transactions and even high-value payments, signaling that digital assets are evolving beyond speculative tools. Gen Z users stand out in terms of daily transactions, with 36%…
Kanye “Ye” West’s return to live performance is off to a rocky start. The errant rapper, producer and mogul’s concert in Shanghai, China on Friday night was beset by technical problems, terrible weather and thousands of people chanting for a refund after he began the show over 40 minutes late. Ye, who rarely plays live…
Netflix is leveling up its Korean content slate once again, commissioning a live-action adaptation of Solo Leveling, the wildly popular web novel, webtoon and anime franchise that has become one of Korea’s biggest crossover hits in recent years. The fantasy-action series will star fast-rising actor Byeon Woo-seok (Lovely Runner, 20th Century Girl), with production led…
A24 and CMC Pictures are joining forces to bring an English-language version of Ne Zha 2, the runaway animated box office sensation from China, to theaters across North America this summer. The English version will feature Oscar-winner Michelle Yeoh in a lead voice role. The film will open in the U.S., Canada, Australia and New…
Crypto adoption is rapidly growing in high-growth markets, where the technology is solving real-world problems, like remittances, financial inclusion and supply chain inefficiencies. Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing…
Microsoft is closing its operations in Pakistan, marking the end of a 25-year presence in the South Asian nation. The Redmond-based company on Friday told TechCrunch that it is changing its operational model in Pakistan and will now serve its customers through resellers and “other closely located Microsoft offices.” “Our customer agreements and service will…
[This story contains MAJOR spoilers from the Squid Game season three finale, “Humans are …”] Lee Byung-hun’s masked antagonist, known as The Front Man, has stalked the edges of Squid Game since its debut — the coolly enigmatic figure who oversees the show’s merciless contest with a disturbing sense of detachment. But in seasons two and three,…
BBC Studios Asia has unveiled its first co-production with Korean production company Studio JanChi, a four-part culinary travel series titled 12 Seas (working title). Announced during this week’s APOS media summit in Bali, the project is part of BBC Studios’ growing partnership with the Korea Creative Content Agency (KOCCA), and signals the company’s continued investment…