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FuriosaAI, a South Korean startup that makes chips for AI applications, has rejected an $800 million acquisition offer from Meta, opting instead to focus on developing and producing its AI chips, according to a local media report. Disagreements over post-acquisition business strategy and organizational structure, rather than price issues, caused the negotiations to break down,…
South Korean authorities are looking to block crypto exchanges that do not comply with the country’s strict reporting rules. South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial…
No figure in world cinema is as productive as South Korean one-man band Hong Sang-soo, or as consistent in exploring variations on similar themes, always from a fresh angle. With such a prolific output — he has 33 features under his belt, all but three of them made since 2000 — they can’t all be…
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of…
BÉBE YANA is bringing her K-pop past to U.K. bass The former EvoL idol is bringing drum & bass to Seoul’s booming club scene. By Sandra Song A MASS CULTURE BÉBE YANA exists on the fringes of experimental K-pop artists, taking the kind of sonic risks that would’ve been impossible during her idol days. A…
Seoul-based studio AOA architects designed ‘Hoji Gangneung’ – a series of distinctive and unique-looking concrete dwellings that are connected via a raised and circular path. Nestled in the South Korean countryside, in Gangwon-do, the Hoji Gangneung is made up of a family house for the owner, as well as three guesthouses, and a communal building….
South Korean Rep. Bae Hyun-jin, of the ruling People Power Party, on Thursday became the second politician to be attacked this month, raising concerns about heightened political violence in the Asian nation. Bae, 40, was approached by a young pedestrian who asked, “Are you the lawmaker Bae Hyun-jin?” before he struck the lawmaker in the…
The U.S. issued an intense warning to North Korea over nuclear threats Friday. In a statement on the second U.S.-Republic of Korea (ROK) Nuclear Consultative Group (NCG) coming together in Washington, D.C., Friday, the White House warned that “[a]ny nuclear attack by North Korea against the United States or its allies is unacceptable and will…
Two quotes endure from the final years of the Vietnam War. The first is “Peace is at hand,” uttered by Henry Kissinger on October 26, 1972, when he swore he’d reached a solution with North Vietnam’s Le Duc Tho for ending the war. The bad guys — the “North” Vietnamese and their southern affiliate, the…
South Korea is again debating whether to develop and build a nuclear-powered submarine. During a National Assembly confirmation hearing that took place last week, Admiral Kim Myung-Soo, the nominee for chairman of South Korea’s Joint Chiefs of Staff, responded positively to a question about the utility of nuclear-powered submarines, stating that “those capabilities are needed.”…