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Business
IBM Korea under probe for software bid rigging
Anti-trust regulators here are investigating the Korean unit of global technology firm, IBM, over suspicions of bid rigging, an industry source said Monday. IBM Korea colluded with resellers to manipulate bid prices to steer a lucrative contract to one of its partners in a Seoul Metropolitan Rapid Transit Corp. (SMRTC)…
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Business
Horror in Yeouido
Brokerage houses in firing spree as business sours Brokerage houses are dramatically laying-off employees, as the bad economy continues to squeeze finances. Workers are obviously angry and so are customers, who question how the companies can attempt to promote optimism and encourage people to buy shares while corporate management in…
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Society
China, Great Wall, and Korea
Benedict Anderson, in the important work on nationalism entitled “Imagined Communities,” discusses the use of media and other symbols and technologies to create nationalism in the 19th century. Just as we know the Great Wall’s “new segments” are a particular extension of China’s nationalist project, other nations have used similar…
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tobechecked
Patent dispute between Samsung Electronics and Apple A trial on a patent dispute between Samsung Electronics and Apple is underway. Apple may have copied Sony designs and used them for its iPhone, which, if testified in court, would damage Apple’s claim for original designs and its allegations that Samsung stole its intellectual property. This is intern Doria…
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Society
Tourists from North America Die in Vietnam
Cathy Huynh was a Canadian teacher who taught in Korea died mysteriously from food poisoning. You can contribute to www.gofundme.com/z81i8 to help send her body back home. Kari Joy Bowerman was an American teacher teaching in Korea. You can contribute to her funeral costs at www.giveforward.com/karisarmy. Both were close friends.…
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Business
Generic Viagra market overheated
The domestic pharmaceutical industry is struggling with the fallout of the American pharmaceutical firm Pfizer’s setback in the domestic anti-impotence drug market. Nearly 50 kinds of Viagra generics from 28 companies have flooded the market following an Intellectual Property Tribunal’s ruling in May that Pfizer’s patented rights to use sildenafil,…
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SNU to offer scholarships to students from overseas
Seoul National University (SNU) will provide scholarships to 332 students from China, Mongolia, Vietnam and other developing countries beginning from the fall semester, the school said Sunday. The SNU Office of International Affairs said that it will offer each student a 25 million won ($22,050) scholarship to study at the…
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Society
Korea beats Britain to reach 1st Olympic semifinal
Taegeuk Warriors to meet Brazil Wednesday South Korea defeated Team Great Britain 5-4 in a dramatic penalty shootout Sunday (KST) to reach the Olympic semifinals after the game finished 1-1 following extra time. This is the first time the Taegeuk Warriors have advanced to this stage of the football competition…
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Business
Economics of gold medals
Sports-industry complex powers Korea’s Olympic success Wherever Korea’s Olympic swimming champion Park Tae-hwan goes, three men follow him like his shadow. Physical therapist Park Chul-kyu is responsible for helping to relax his body and mind. Personal trainer Kwon Tae-hyun controls Park’s workout routines as well as what he eats. Interpreter…
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NK reports 169 killed and hundreds missing in floods
A total of 169 people were killed and 400 others missing in heavy downpours that swept through large parts of North Korea in recent weeks, the country’s media said Saturday. The downpours between late June and the end of July also left 144 people injured and some 212,200 others homeless,…
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