LG Electronics Appoints Former Home Appliance Head Lyu Jae-cheol as New CEO
November 28, 2025 – LG Electronics today unveiled a series of organizational changes set to take effect in 2026, with Lyu Jae-cheol, the former head of its home appliances division, being appointed as the new CEO starting December 1 this year. He will succeed Cho Joo-wan, who has held the position for the past four…
Samsung Electronics Faces Prolonged Strike as Wage Negotiations Stall Again
August 01, 2024 – According to a report from Yonhap News Agency, it has been revealed that Samsung Electronics and its largest labor union have failed to reach a breakthrough in wage negotiations. It remains unclear whether both parties will continue the talks, but the union has stated its intention to prolong the strike. The…
Toyota, Honda, Mazda Executives Bow in Apology Over Car Certification Fraud
June 04, 2024 – Following a series of investigations prompted by previous irregularities at Daihatsu Industrial Co., the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) of Japan announced on June 3rd that it had conducted an investigation into 85 automakers to assess whether there were any irregularities in their mass production certification applications. The…
Apple Music’s Latest Feature: Collaborative Playlists with Emoji Reactions
December 14, 2023 – In a recent update, Apple introduced an exciting feature to its Apple Music platform with the release of iOS 17.3 Beta. Developers have been invited to test out the collaborative playlist functionality, and the latest tests reveal an added twist – Emoji Reactions support. Apple initially invited developers to test collaborative…
Apple’s Latest Patent: Foldable Phone with Self-Healing Screen
May 10, 2023 – Apple has recently been granted a new patent for a foldable phone with a self-healing feature, according to a new list published by the US Patent and Trademark Office (USPTO). The most striking aspect of the patent is that it allows the fold marks on the screen to self-repair by applying…
US Proposes Ban on Chinese Software in Autonomous Vehicles
August 05, 2024 – The U.S. government is reportedly planning to propose a ban on the use of Chinese software in autonomous vehicles within the next few weeks, according to Reuters. Citing unnamed sources, the report indicates that the Biden administration intends to introduce new regulations prohibiting the use of Chinese software in vehicles equipped…
Apple Reigns Supreme: 2024 Global Brand Value Surges to $516.6 Billion
January 17, 2024 – In today’s news, according to media reports, the internationally renowned third-party brand valuation and consulting firm Brand Finance has unveiled the Global Brand Value 500 for the year 2024. Apple secured the top position with a brand value of $516.6 billion (approximately ¥37,182 billion). The organization emphasized that Apple has achieved…
Apple’s India Revenue Skyrockets 33% to an All-Time High of Nearly $80 Billion
July 15, 2024 – Apple Inc. has achieved a remarkable milestone in India, with its annual sales soaring to a record-high of nearly $80 billion, underscoring the significance of this rapidly expanding market. The tech giant has intensified its presence in the country by assembling more devices locally and establishing two flagship stores, marking a…
Uber Faces FTC Lawsuit for Secretly Charging Users in Subscription Scheme
April 22, 2025 – The Federal Trade Commission (FTC) has filed a lawsuit against Uber in San Francisco, alleging that the ride-hailing giant secretly enrolled users in its Uber One subscription program without their knowledge and engaged in deceptive marketing practices regarding the service’s benefits, as reported by Reuters. Uber One, priced at 9.99permonth,offersdiscountsonridesandfooddelivery.However,theFTC’scomplaintclaimsUberfalselyadvertisedthatsubscriberscouldsaveupto25 monthly—a…
Microsoft Realigns Xbox Handheld Strategy: Prioritizing Win11 Optimization for Third-Party Devices
May 30 2025 – Windows Central, a prominent tech media outlet, disclosed today that Microsoft is forging ahead with its Xbox handheld gaming initiative, albeit with a strategic pivot. Instead of focusing on developing an in-house Xbox handheld, the tech giant is now channeling its efforts into optimizing Windows 11 for third-party handheld devices. Despite…