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Anchorage Digital Raises $350 Million in Series D Funding Round, Led by KKR

PR NewswireDec 15, 2021

New round values premier digital asset platform at over $3 billion SAN FRANCISCO , Dec. 15, 2021 /PRNewswire/ -- Anchorage Digital ("Anchorage" or the "Company"), the premier digital asset platform for institutions, today announced it has closed a $350 million Series D funding round led by global investment firm KKR. Participants include Goldman Sachs, Alameda Research, Andreessen Horowitz...
‘Squid Game’ racking up US award nominations

TelevisionDec 15, 2021

“Squid Game” is racking up nominations at US TV awards, as it continues to write new Korean TV history. The Hollywood Foreign Press Association on Monday announced the nomination of Netflix’s South Korean megahit in three categories at 79th Golden Globes -- actors Lee Jung-jae in best television actor in the drama series, Oh Young-soo in best supporting actor and “Squid Game” in the best drama s...
New tech by IBM, Samsung may allow phone battery to last for a week

TechnologyDec 15, 2021

A new breakthrough in semiconductor design jointly developed by global tech giants IBM and Samsung Electronics could allow phone batteries to hold a charge for a week, according to the companies on Wednesday. This architecture -- which, in essence, is to align transistors vertically on a semiconductor chip -- has the potential to reduce energy usage by 85 percent compared to a conventional scale...
Japan Airlines awards 5-year extension to CHAMP

PR NewswireDec 15, 2021

LUXEMBOURG , Dec. 15, 2021 /PRNewswire/ -- Japan Airlines (JAL) and CHAMP Cargosystems have extended their highly successful partnership for a further five years. The carrier has been using CHAMP's acclaimed Cargospot solution to manage its day-to-day cargo business processes since 2014. Since then, JAL has partnered with CHAMP in a series of ground-breaking digital transformational projects ...
K Auction to go public next year

IndustryDec 15, 2021

K Auction, South Korea’s second-largest auction house by revenue, said Wednesday that it plans to go public early next year, having submitted a prospectus for a 32 billion-won ($26 million) listing on the junior Kosdaq exchange. K Auction expects to offer 1.6 million shares at an indicative range of 17,000-20,000 per share, which would raise between 27 billion won and 32 billion won. The company...
[Today’s K-pop] NCT sweeps iTunes chart in 30 regions

K-popDec 15, 2021

Chansung of 2PM announced Wednesday that he will marry his longtime partner, and that they will become parents early next year. He posted a handwritten letter on his Instagram account and told fans that he and his partner have been planning a wedding after he completed his military duty. “I wanted to let you know first,” he said, asking fans to understand that he will not be giving out mo...
KOCCA seeks to become effective communication channel for content industry

CultureDec 15, 2021

The Korea Creative Content Agency seeks to become an effective channel for the content related stakeholders in creating and developing projects aimed at local and overseas markets. “Just a few years ago, the local market and audience were the prime target for the content creators. But, after Netflix’s ‘Squid Game’ became a global phenomenon, a number of aspiring directors have started to priorit...
BenevolentAI achieves second major collaboration milestone with novel idiopathic pulmonary fibrosis target selected for AstraZeneca's portfolio

PR NewswireDec 15, 2021

- Novel target for idiopathic pulmonary fibrosis was discovered using BenevolentAI's AI-drug discovery platform and experimentally validated by AstraZeneca - Announcement represents the second collaboration milestone following the addition of a novel chronic kidney disease target to AstraZeneca's portfolio in Q1 2021 LONDON , Dec. 15, 2021 /PRNewswire/ -- BenevolentAI, a leading clinical-sta...
Musical ‘Frankenstein’ a hit among foreigners. What do they like about it?

TheaterDec 15, 2021

Edwards and Tabhiha were both drawn to the show because of the main actor -- Jung Taek-woon, better known as Leo of boyband VIXX, who appeared as Anri in the show. Edwards admitted that she probably wouldn’t watch a musical that didn’t feature a well-known idol. It’s no exaggeration to say that one of this show’s primary lures is its headlining K-pop idols, a tactic that has been used by musical...
How much are you willing to pay for green spaces?

Social affairsDec 15, 2021

In Seoul’s affluent neighborhood of Hannam-dong, where top celebrities and corporate big shots live, a bleak and desolate 28,197-square-meter plot of land lies barren and untouched. Fenced off with barbed wires, the land -- the size of four soccer fields -- has been off limits to residents for decades. Records dating back to the 1940s show authorities reserved the land for a public park. In rea...
Hengtong Attends the 4th Vietnam Onshore and Offshore Wind Summit

PR NewswireDec 15, 2021

SUZHOU, China , Dec. 15, 2021 /PRNewswire/ -- From 8th to 9th December, the 4th Vietnam Onshore and Offshore Wind Summit was held in the Intercontinental Hanoi Landmark 72 Exhibition in Hanoi . This Summit involved various players, both domestic and overseas, in the offshore wind power industry. Hengtong attended the Summit, presenting our latest submarine cable system solution and performa...
The pandemic effect: more Koreans obese

Social affairsDec 15, 2021

The loss of routines in lives of South Korean people caused by COVID-19 appeared to have affected their physical states, including growing muffin top. More than half of South Koreans in their 30s and 40s were found to be obese last year, according to data compiled by the Korea Disease Control and Prevention Agency. The prevalence of obesity was 48 percent for men in 2020, a sharp increase compa...
[Newsmaker] In Suneung, half a percent has big implications

EducationDec 15, 2021

Nearly a month of trouble over a two-point question on this year’s college entrance test was settled in court on Wednesday, highlighting once again the weight the annual test carries in Korean society. On Wednesday, the Seoul Administrative Court ruled that a question in the bioscience part of the recent college scholastic ability test was inaccurate, and ordered the Korea Institute for Curricul...
Hyundai Glovis secures exclusive terminal in German port

IndustryDec 15, 2021

Hyundai Glovis, the logistics arm of Hyundai Motor Group, became the first global shipping company to secure an exclusive shipping space in the port of Bremerhaven, Germany, Europe’s largest automobile shipping port. Hyundai Glovis announced Wednesday it will establish a 100,000 square-meter open storage yard, big enough to store around 5,000 cars, and three berths in the port of Bremerhaven. T...
KLES CEO proposes labor-management relations as key to overcome the ongoing crisis

Social affairsDec 15, 2021

The COVID-19 pandemic has prolonged a global economic recession, accompanied by disruptions in global supply chains that jeopardize many work environments. Chung Hyoung-Woo, secretary-general and CEO of the Korea Labor and Employment Service, said the ongoing economic difficulties could potentially escalate conflicts between labor and management over a wide range of matters, including wages, la...