Tesla and Apple have long been the most popular foreign stocks for Korean investors — but not anymore.
The Legislation and Judiciary Committee did not take up a bill revising the Telecommunications Business Act in its Thursday meeting, meaning that it will be at least another month before the "Anti-Google law" goes to a National Assembly's ...
Korean lawmakers took a major step to counter Google's charging of a commission on all in-app purchases by pushing a bill dubbed the "Anti-Google law." A proposed revision to the Telecommunications Business Act passed the Science, ICT ...
Google will grant a 6-month grace period for its 15 to 30 percent fee for in-app purchases, allowing some developers to start paying from April next year upon request. Google uploaded a post on its Android Developers blog on ...
Korea has signed on to the global tax plan designed to rein in the tech companies and get them to pay their fair share. It is also trying to make sure its major companies don’t get caught up in the rush to tax.
On Monday, Google said that it would only charge 15 percent on in-app payments from July 1. IT companies and start-ups complain that they are still forced to use the U.S. company's billing system.
Google is now so popular it has become a verb in its own right, as in “Google it.”
Google's changes to its policy for in-app purchases will cost Korean firms up to 156.8 billion won ($142.2 million), according to the Ministry of Science and ICT.
Market insiders are mapping out different scenarios for how LG Electronics could restructure its struggling smartphone business after the company admitted Wednesday that it did need to rethink the loss-making division.
Naver, Kakao and Wavve have been designated as content providers legally obliged to take responsibility for network stability, according to the Ministry of Science and ICT on Monday. They were named alongside Google, Netflix and Facebook.