eBay is in talks to buy a minority stake in South Korean competitor Gmarket and is in discussions with Interpark to buy its 37 percent stake.The companies are waiting for approval from the Korea Fair Trade Commission, eBay spokesman Jose Mallabo said."There can be no assurance that the KFTC will approve the possible transaction, that an agreement will be reached or that a transaction will occur," Mallabo said in a statement.
Google Redesigning Korean Search
Though Google’s strategy with the search engine is “the simpler the better,” it seems that cultural demands placed on the search giant is forcing it to tweak the philosophy a bit in Korea.
Google May Censor Korean Maps
Google has often had PR problems with its Maps and Earth services; the search giant has also had trouble gaining market share in South Korea. Now a problem that involves both of these issues may be resolved, although the exact solution (assuming there is one) remains unknown.
Google May Make Deal With South Korean Telecom
Google’s had some success in South Korea, yet the search engine giant has also had to make a number of adjustments and compromises. Now its tenacity may be paying off; reports indicate that South Korea’s biggest mobile phone operator may employ Google’s search-based advertising throughout its network.
South Korean FTC Unimpressed With Google
Even though Google has been drawing more Korean users to its search and Gmail services, the company still has work to do to make the local government happy with its AdSense practices.
Google Enjoying A Korean Boost
South Korea is one of the best-connected places in the world when it comes to Internet access, but until recently Google has been unable to connect in great numbers with its tech-savvy userbase.
Microsoft Appealing Korean Case
The software company has appealed the case brought by the Korean Fair Trade Commission against it, and sought the revocation of the KFTC decision.
Korean FTC Gives Microsoft Smackdown
The South Korean Fair Trade Commission (SKFTC) issued their judgment against Microsoft claiming the Redmond company violated South Korean antitrust laws. The penalty includes a $32 million fine as well as an order for Microsoft to offer alternative compliant versions of the Windows operating system.
Google Searching For Korean Opportunity
Interviews are taking place at Google’s headquarters in Mountain View to fill several roles in Seoul, including product managers, marketing managers and finance managers, and a CEO.
Korean Air Orders 20 Dreamliners
The Boeing Company and Korean Air Lines announced an order for up to 20 Boeing 787 Dreamliners in a deal worth approximately $2.6 billion at list prices.