Squid Game’s success reopens debate over who should pay for rising internet traffic

Demand for capacity grows on back of hit Netflix shows, online games and moreThe breakout success of the Korean drama Squid Game has prompted a local broadband provider to launch legal action to force the maker, Netflix, to help pay for the huge surge …

SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan  

Riiid, a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint.  The acquisition comes after the company’s latest $175 million Series D round from SoftBank’s Vision Fund 2 in May. Riiid has said it will continue to fuel its global expansion with the funding.  Langoo, Riiid’s partner in […]

South Korean ISP SK Broadband counterclaims against Netflix for bandwidth usage fees

South Korean internet service provider SK Broadband, a subsidiary of South Korean telco company SK Telecom, has filed a counterclaim against Netflix to demand payment for the bandwidth the streaming platform has used for the last three years. This case comes in the wake of the South Korean court siding against Netflix in June in […]

Coronavirus live news: Covid cases in South Korea top 3,000; Northern Ireland to ease travel rules

Further 3,273 infections added to South Korea’s tally; fully vaccinated travellers in Northern Ireland will no longer need pre-departure test from 4 OctoberSee all our coronavirus coverage 11.18am BST The Netherlands ended social distancing measures on…

Apps to reach record highs in Q3 of 36B downloads and $34B in consumer spending

A new forecast on the state of the app economy indicates the third quarter will see record-breaking revenues spent on apps and games. According to App Annie, consumers worldwide will spend $34 billion on apps and games in Q3, a 20% year-over-year increase on spending. The increase indicates that the Covid-19 pandemic’s impact on consumer […]