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Lee Kun-hee, Who Built Samsung Into a Global Giant, Dies At 78

An anonymous reader quotes a report from The New York Times: Lee Kun-hee, who built Samsung into a global giant of smartphones, televisions and computer chips but was twice convicted — and, in a pattern that has become typical in South Korea, twice pardoned -- for white-collar crimes committed along the way, died on Sunday in Seoul, the South Korean capital. He was 78. Samsung announced the death but did not specify the cause. Mr. Lee had been incapacitated since a heart attack in 2014. When M...
Tags: South Korea, Samsung, Tech, New York Times, The New York Times, Samsung Electronics, Samsung Group, Seoul, Lee, Lee Byung, Pyeongchang, Lee Kun, Lee Myung, Lee Read

More Americans are being infected with the coronavirus than at any time during the pandemic, but people are too tired to care

The US has entered the third wave of the coronavirus pandemic. Kiyoshi Hijiki/Getty Images The US recorded 83,000 new coronavirus cases on Friday and again on Saturday — the highest daily totals since the beginning of the pandemic. But experts say people are experiencing "pandemic fatigue" where they are taking more risks as they grow impatient over a long lost sense of normalcy. At the same time, "mixed messages" from government officials and leaders who are "downplaying the danger" have ...
Tags: South Korea, New York, Science, News, Sweden, White House, US, Trends, Joe Biden, Cnn, Analysis, New Zealand, Houston, Smith, Anthony Fauci, Trump

US stocks tumble toward worst day in a month amid virus woes

By Stan Choe | The Associated Press Stocks are slumping sharply in midday trading on Wall Street Monday and deepening last week’s losses, as a troubling climb in coronavirus counts threatens the global economy. The S&P 500 was 2.1% lower and on track for its worst day in more than a month. The Dow Jones Industrial Average was down 717 points, or 2.5%, at 27,618, as of 11:18 a.m. Eastern time, and the Nasdaq composite was down 1.7%. Stocks also weakened across much of Europe and Asia. In another ...
Tags: Apple, Google, Amazon, Energy, Asia, South Korea, Europe, London, Congress, Washington, France, White House, Germany, US, Sport, Soccer

The owner of Dunkin' and Baskin-Robbins is in talks to be bought by Arby's parent company Inspire Brands for a reported $9 billion

AP/Mark Lennihan Dunkin' Brands Group is in talks to be bought by Arby's owner Inspire Brands, it said. The group, which owns Dunkin' and Baskin Robbins, said it had held early discussions about being bought by Inspire Brands, but that "there is no certainty that any agreement will be reached." Inspire Brands owns Arby's, Buffalo Wild Wings, Sonic, Jimmy John's, and Rusty Taco. Information from two sources close to the matter suggested Dunkin' Brands has been valued at around $8.8 billion...
Tags: South Korea, US, Trends, New York Times, Fast Food, Inspire, The Times, Retail, The New York Times, Arby, Dunkin, Dunkin Brands, Baskin Robbins, Buffalo Wild Wings, Jimmy John, Dunkin' Donuts

Coronavirus live news: China confirms 137 local cases as Spain enters state of emergency

Restrictions eased in Australian state of Victoria; WHO warns against ‘vaccine nationalism’; Israel to begin first vaccine clinical trials next month. Follow the latest updatesUS comes close to new daily case recordChina: new coronavirus outbreak detected in Xinjiang city of KashgarDread of history repeating itself grows in Italy as infections rise againWhich European nations are getting it right on Covid?See all our coronavirus coverage 5.37am GMT South Korea urged citizens to get vaccinate...
Tags: South Korea, Science, China, Singapore, India, Israel, Spain, UK News, World news, Australia news, US news, United States, Infectious Diseases, Italy, Who, Victoria

South Korea pharma Celltrion's COVID test gets U.S. emergency use authorisation

South Korea's Celltrion Inc said on Monday it has received emergency use authorisation (EUA) from the U.S. Food & Drug Administration (FDA) for its rapid COVID-19 testing kit Sampinute, which boosted shares of the company and its affiliates. Celltrion said Sampinute delivers coronavirus test results within 10 minutes, with a sensitivity of around 94%. The authorisation came three months after requesting approval in late July and the product has already been launched in the United States in A...
Tags: South Korea, News, United States, EUA, Celltrion Inc, Celltrion, U S Food Drug Administration FDA, Sampinute

Tencent leads $100M Series B funding round into China-based esport provider VSPN

Further confirmation that the esports market is booming amid the pandemic comes today with the news that esports ‘total solutions provider’ VSPN (Versus Programming Network) has raised what it describes as ‘close to’ $100 million in a Series B funding round, led by Tencent Holdings . Other investors that participated in the round include Tiantu Capital, SIG (Susquehanna International Group), and Kuaishou. The funding round will go towards improving esports products and its ecosystem in China a...
Tags: TC, Asia, South Korea, Europe, Video Games, China, Tech, Ceo, Beijing, Fifa, Shanghai, Tencent, Seoul, Esports, Coo, Esl

Singapore halts use of flu vaccines after 48 die in South Korea

Singapore has temporarily halted the use of two influenza vaccines as a precaution after some people who received them in South Korea died, becoming among the first countries to publicly announce a halt of the vaccines' usage. South Korea reported that 48 have died as of Saturday after getting flu shots, but said it would carry on with the state-run vaccination programme as they found no direct link between the deaths and the shots. No deaths associated with influenza vaccination have been r...
Tags: South Korea, News, Singapore, Northern Hemisphere, Sanofi, HSA, Sanofi Aventis, Health Sciences Authority HAS, SK Bioscience

Samsung's billionaire chairman died on Sunday. He once counted Warren Buffett as a shareholder

AP Images; Steve Marcus/Reuters Samsung's chairman, Lee Kun-hee, died on Sunday at age 78.The boss of the South Korean conglomerate once counted Warren Buffett as a shareholder.Buffett, a billionaire investor and the CEO of Berkshire Hathaway, made "hundreds of millions" from a rare overseas bet on Samsung, he revealed in a CNBC interview in 2018."It was a big, strong, good company," he said.Visit Business Insider's homepage for more stories.Samsung's billionaire chairman, Lee Kun-hee, die...
Tags: South Korea, Samsung, Trends, Berkshire Hathaway, Warren Buffett, Goldman, Berkshire, Cnbc, Buffett, Fed, Lee, Lee Byung, Lee Kun, AP Images, Theron Mohamed, Apple Bank of America Coca Cola American Express

The first satellite with AI onboard is now in orbit, and its tech could completely change how we respond to wildfires

Researchers inspect the computing and camera assembly of the FSSCat/Phi-sat-1 satellite. Tim Herman/Intel Corporation This week the European Space Agency (ESA) and Intel announced they had successfully put the first satellite with on-board AI-processing into space, PhiSat-1. The PhiSat-1 uses Intel's Movidius Myriad 2 chip, which was not originally designed for space travel. PhiSat-1's on-board AI is able to select and automatically delete photos of Earth if they are too obscured by cloud....
Tags: South Korea, Trends, Intel, Earth, Esa, Cern, Switzerland, Satellite, European Space Agency, Ai, Mars, Magic Leap, Business Insider, French Guiana, European Space Agency ESA, Furano

Lee Kun-hee, who made South Korea's Samsung a global powerhouse, dies at 78

SEOUL (Reuters) - Lee Kun-hee, who built Samsung Electronics 005930.KS into a global powerhouse in smartphones,...
Tags: South Korea, Samsung, Samsung Electronics, Seoul, Reuters, Lee Kun

Samsung chairman dies at age 78

Lee Kun-hee, the long-time chairman of Samsung Group who transformed the conglomerate into one of the world’s largest business empires, died today at the age of 78, according to reports from South Korean leading news agency Yonhap. The story of Samsung is deeply intertwined with the history of its home country, which is sometimes dubbed “The Republic of Samsung.” Lee, the son of Samsung founder Lee Byung-chul, came to power in the late 1980s just as South Korea transitioned from dictatorship to ...
Tags: Asia, South Korea, Samsung, Tech, Samsung Electronics, Samsung Group, Lee, Yonhap, Elliott Management, Lee Kun, Lee Jae yong, Lee Myung, Chun Doo, Asian Tigers, Roh Tae, Lee Byung chul

Lee Kun-hee, Samsung Electronics chairman, dies aged 78

Transformative leader who took over from father made Samsung a global name with turnover worth a fifth of South Korea’s GDP The Samsung Electronics chairman, Lee Kun-hee, who made the South Korean company a global name, has died at the age of 78.Under Lee’s leadership Samsung rose to become the world’s largest producer of smartphones and memory chips, with overall turnover equivalent to a fifth of South Korea’s GDP. Continue reading...
Tags: South Korea, Technology, Samsung, World news, Asia Pacific, Samsung Electronics, Lee, Lee Kun

Lee Kun-hee of Samsung Dies at 78; Built an Electronics Titan

Mr. Lee was convicted — and pardoned — twice for white-collar crimes, in a sign of the ills in South Korea’s relationship with its...
Tags: South Korea, Samsung, Lee, Lee Kun hee

In South Korea, Draft Resisters Still Go to Prison. But Now It’s a Job

A court ruled that conscientious objectors must be allowed to serve their country in other ways. The government says they’ll still have...
Tags: South Korea

CS Recommends: Killdozer, Plus Other Classic Horror!

CS Recommends: Killdozer, Plus Other Classic Horror! Stuck inside? Don’t know what to watch/read/play/listen to? has got you covered. In this week’s CS Recommends our staff kicks off gives you solid tips on the best media to consume during your downtime, including Killdozer and more! Check out our picks below! PB = PB || {}; PB.gptStandAlone = PB.gptStandAlone || {}; PB.gptAutoRefresh = PB.gptAutoRefresh || {'gptAds':[], 'gptStandAlone':[...
Tags: South Korea, TV, Hollywood, Movies, Cdc, Horror, Digital, TV News, Mars, Emily Blunt, John Krasinski, Abbott, Blu, Evelyn, Krasinski, Walker

Finland is the 'most sustainable' country, say expats

How 'green' is life in your work country?That's the question InterNations asked its network of expats.The United States ended 30th out of 60 countries. InterNations, the world's largest expat network, has delivered a global ranking with a twist. For the first time, it's asked its members to rate the environmental and sustainability qualities of their work countries. The best country for a sustainable life abroad: Finland. The worst: India. The U.S. lands exactly in the middle, at #30.The ranki...
Tags: Asia, South Korea, Europe, Maps, UK, London, Sweden, Greece, Indonesia, Australia, France, China, Germany, Russia, Singapore, India

North Korea told citizens to stay inside, claiming (with no scientific basis) that a storm of yellow dust coming from China was carrying COVID-19

A still from a weather report on the state-run KCTV news channel on October 21, 2020, that warned of a yellow dust storm coming to North Korea. KCTV North Korea has warned its citizens to stay indoors to avoid a yellow dust storm which it claims could carry the coronavirus over from China. The state-run KCTV network warned Wednesday that the storm would arrive Thursday. The Rodong Sinmun newspaper said the storm posed a "danger of invading malicious viruses." Yellow dust storms are common ...
Tags: Facebook, Asia, South Korea, Politics, Science, North Korea, China, Russia, Trends, Bbc, News UK, Pyongyang, Dprk, Pyongyang North Korea, Kim Jong, Politburo

North told citizens to stay inside, claiming (with no scientific basis) that a storm of yellow dust coming from China was carrying COVID-19

A still from a weather report on the state-run KCTV news channel on October 21, 2020, that warned of a yellow dust storm coming to North Korea. KCTV North Korea has warned its citizens to stay indoors to avoid a yellow dust storm which it claims could carry the coronavirus over from China. The state-run KCTV network warned Wednesday that the storm would arrive Thursday. The Rodong Sinmun newspaper said the storm posed a "danger of invading malicious viruses." Yellow dust storms are common ...
Tags: Facebook, Asia, South Korea, Politics, Science, North Korea, China, Russia, Trends, Bbc, News UK, Pyongyang, Dprk, Pyongyang North Korea, Kim Jong, Politburo

A Brief History Of South Korea's Weirdest Urban Legend: Killer Fans

By Alex Hanton  Published: October 23rd, 2020 
Tags: South Korea, Humor, Alex Hanton

South Korea deaths 'not linked' to flu vaccination drive

Officials say the country's vaccination drive continues and that several recent deaths are unrelated.
Tags: South Korea, News

LIVE: Fact-checking the final Trump-Biden debate

Tasos Katopodis/Getty Images, Drew Angerer/Getty Images President Donald Trump and his Democratic challenger Joe Biden took the debate stage for the final time Thursday night ahead of the 2020 general election. The debate was moderated by NBC News' Kristen Welker and focused on six main topics: COVID-19, race, climate change, national security, leadership, and American families. The debate comes as Biden holds a hefty lead over Trump in a number of national and state polls, and as the Tru...
Tags: South Korea, Politics, New York, News, Nbc, Putin, Congress, Washington Post, Cdc, North Korea, Senate, White House, China, Politico, Russia, Nbc News

Smartphone shipments rebound to an all-time high in India

Smartphone shipments reached an all-time high in India in the quarter that ended in September this year as the world’s second largest handset market remained fully open during the period after initial lockdowns due to the coronavirus, according to a new report. About 50 million smartphones shipped in India in Q3 2020, a new quarterly record for the country where about 17.3 million smartphone units shipped in Q2 (during two-thirds of the period much of the country was under lockdown) and 33.5 mil...
Tags: Apple, Asia, South Korea, Hardware, China, India, Samsung, Tech, Smartphone, Xiaomi, New Delhi, Oneplus, Foxconn, Vivo, Micromax, Oppo

'Mini-lungs' can provide important insights into how COVID-19 damages the lungs

'Mini-lungs' grown from tissue donated to Cambridge hospitals has provided a team of scientists from South Korea and the UK with important insights into how COVID-19 damages the lungs.
Tags: Health, South Korea, UK, Cambridge

Fourteen South Korean delivery workers die because of pandemic overwork: union

Fourteen delivery workers in South Korea have died of overwork this year because they had to handle a sharply higher volume of packages...
Tags: South Korea

Doctors in South Korea call for flu vaccinations to be paused after 25 deaths

Authorities say programme will continue after finding no direct links between the deaths and the vaccinesSouth Korean officials refused on Thursday to suspend a seasonal influenza inoculation effort, despite growing calls for a halt, including an appeal from a key group of doctors, after the deaths of at least 25 of those vaccinated. Health authorities said they found no direct links between the deaths and the vaccines.At least 22 of the dead, including a 17-year-old boy, were part of a campaign...
Tags: Health, South Korea, Society, World news, Asia Pacific, Flu, Vaccines and immunisation, Coronavirus, Korea Disease Control and Prevention Agency KDCA

Hearings begin in Samsung vice chairman Jay Y. Lee’s accounting fraud trial

The trial of Samsung leader Jay Y. Lee, who is accused of accounting fraud and stock price manipulating, held its first hearing today at the Seoul Central District Court. The Seoul Central District Court denied prosecutors’ arrest warrant request for Lee in June, stating that even though they had secured a “considerable amount of evidence,” it was still not enough to detain Lee. Lee was not present for the hearing. Vietnamese state media reported that he was in Vietnam earlier this week to discu...
Tags: TC, Asia, South Korea, Samsung, Tech, Vietnam, Lee, Park Geun, Nguyen Xuan Phuc, Jay Y. Lee, Samsung BioLogics, Lee Lee, Jay Lee, Cheil Industries, Channel News, Cheil

South Korea Selects ‘The Man Standing Next’ for Oscars Contention

South Korea has selected political thriller “The Man Standing Next” as its national contender for the Oscars’ best international film award. The cast is headed by Lee Byung-hun, who is familiar to North American audiences for his previous roles in “R.E.D. 2” and the “G.I. Joe” franchise movies. The film tells a previously little-known story […]
Tags: Asia, South Korea, News, Awards, Global, Oscars, Academy Awards, Lee Byung hun, The Man Standing Next

South Korea flu jab: Investigation into 13 deaths after vaccine

Health officials stress there is no proven link between the flu vaccine and the fatalities.
Tags: South Korea, News