South Korea
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Trends
Samsung-backed TagHive raises fund from South Korea-based Joon Hyon
Edtech startup TagHive has announced that it has raised an undisclosed amount of funding as a part of its pre-Series…
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STARTUPS
Danggeun Market, the South Korean secondhand marketplace app, raises $33 million Series C
Danggeun Market, the startup behind Karrot, South Korea’s largest neighborhood marketplace and networking app, announced today that it has raised…
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Trends
Samsung expects COVID-19 to hurt smartphone and TV sales, but increase demand for memory
In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the…
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Trends
EV startup Byton furloughs half of its 450-person staff in the US
China-based electric car startup Byton has furloughed about half of the 450 employees who work at its North American headquarters…
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Trends
Airbnb extends no-charge cancellation policy due to coronavirus
Airbnb has announced updates to its policies that provide reservation cancellations without charge for stays booked in specific areas, as…
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Trends
FDA approves new coronavirus test that could speed rate of testing up to tenfold
The U.S. Food and Drug and Administration has granted emergency approval for use of a new test that can increase…
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Trends
US response to the COVID-19 coronavirus moves from ‘containment’ to ‘mitigation’
In interviews across major television networks on Sunday, U.S. officials all but admitted that efforts to contain the spread of…
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Finance
South Korea passes one of the world’s first comprehensive cryptocurrency laws
The South Korean National Assembly passed new legislation today that will provide a framework for the regulation and legalization of…
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Trends
FDA allows new diagnostic technologies to test for coronavirus before receiving emergency approvals
The U.S. Food and Drug Administration said today that it would allow new diagnostics technologies to be used to test…
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