Mark Zuckerberg may sell about $1.67 billion of Facebook Inc. stock in the company’s initial public offering to pay off taxes he will owe when he exercises options to buy 120 million shares.  (AP)The social network’s chief executive officer will owe taxes on gains related to the award of option

Politicians rush to improve Twitter, Facebook profiles amid growing worry over artificial enhancementKorea’s politicians are desperately scrambling to boost their influence on social networks ahead of the parliamentary elections. How desperately? Some allegedly buy new Twitter accounts with more followers, a practice that is muddying their already tainted reputations. Although there are no official numbers of how many fake Twitter, Facebook and other social network accounts are traded in return

NEW YORK (AP) _ Facebook made a much-anticipated status update Wednesday: The Internet social network is going public eight years after its computer-hacking CEO Mark Zuckerberg started the service at Harvard University.That means anyone with the right amount of cash will be able to own part of a Sil

Analysts give promising outlooks for Samsung Electronics, Hynix SemiconductorThe global business environment for Korea’s top two chip makers is showing signs of improving, causing analysts to paint a rosy prospect for their business. The year of 2012 is projected to become a more exciting one than the last for the semiconductor industry, especially for Samsung Electronics and Hynix Semiconductor, since the prices of dynamic random access memory chips for PCs and mobiles are set to be stabilized

(Yonhap News)BRUSSELS (AP) -- Samsung took a hit in its battle against arch-rival Apple on Tuesday, when the European Union announced it will investigate whether it is illegally trying to hinder competitors and Germany blocked sales of some of its tablets.Samsung Electronics and Apple Inc. are engag

Samsung Electronics Co. lost a bid to overturn a German sales ban on its Galaxy 10.1 tablet computers obtained by Apple Inc. in an intellectual property dispute.The Higher Regional Court in Dusseldorf backed the ban in a ruling today. While Apple can't rely on a European Union design it used to win

The Korea Herald has recently introduced a new application for the iPad, joining the drive to produce digital news customized for the rapidly growing number of tablet users.The latest mobile version of the country’s leading English daily also offers a multimedia tool for learning and practicing English through news. Harnessing rapidly developing media technologies, the company has been stepping up efforts to provide a variety of multimedia-rich content and improved user experiences.Its news cont

New iPad app latest in efforts to provide multimedia-rich content, better user experiencesSmart phones and tablet PCs have dramatically changed the features of the news industry. A host of media companies around the world have jumped into the digital market to secure a footing in the massive shift toward online and mobile news.The tablet PC market led by Apple and Samsung Electronics is more important for newspapers. While smartphones are restricted by small screens, tablets boast bigger screen

Choi Si-joong, chairman of the Korea Communications Commission, offered his resignation on Friday amid surging public criticism over a string of bribery and influence-peddling scandals.“It’s time to leave and take responsibility,” Choi said at a hastily arranged news conference, referring to his aide’s alleged implication in the bribery scandal. “I hope that my departure will help the watchdog stave off prejudice and misunderstanding held by the public.”  Choi, one of the closest confidants of P