Tag Archives: SKorea

A 3D printed Facebook’s new rebrand logo Meta is seen in front of displayed Google logo in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept 14 (Reuters) – South Korea levied millions of dollars in fines on Alphabet’s (GOOGL.O) Google and Meta Platforms (META.O)for privacy law violations, authorities said on Wednesday, as Meta considers fighting the decision in court. In a statement, the… Source link

SEOUL, Feb 3 (Reuters) – South Korea’s telecommunications regulator wants better compliance plans from Apple Inc (AAPL.O) and Alphabet’s (GOOGL.O) Google before finalising rules for a law banning app store operators from forcing software developers to use their payments systems, officials said on Thursday. South Korea passed the law, an amendment to the Telecommunication Business Act, last year. The rules, due to be drawn up by March 15 and called the enforcement ordinance, will lay out what… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo SEOUL, Nov 16 (Reuters) – Apple Inc (AAPL.O) and Alphabet’s (GOOGL.O) Google are not doing enough to comply with a South Korean law that bars dominant app store operators from forcing app developers to use their payment systems, a lawmaker who spearheaded the amendment told Reuters. South Korea, the first country to impose legislation curbing the tech… Source link

A 3D printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration SEOUL, Nov 4 (Reuters) – Alphabet’s (GOOGL.O) Google said on Thursday it plans to allow third party payments systems in South Korea in order to comply with the country’s new law, which bans major app store operators from forcing software developers to use their payments systems. Google’s announcement comes after the Korea Communications Commission’s (KCC) request for the U.S. tech giant… Source link

SEOUL, Sept 29 (Reuters) – Apple (AAPL.O) and Alphabet’s (GOOGL.O) Google have been asked to turn in by mid-October compliance plans for a new South Korean law that bans major app store operators from forcing software developers to use their payment systems, a regulatory official said on Wednesday. Apple and Google did not have immediate comment. The Korea Communications Commission will soon be drawing up an enforcement ordinance that will accompany the amendment of the country’s… Source link

The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo SEOUL, Sept 15 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Wednesday its presence in South Korea equates to nearly 12 trillion won ($10.16 billion) in economic benefits for its users, as the U.S. tech giant faces increased scrutiny from regulators and politicians. Google’s announcement came a day after South… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo SEOUL, Aug 25 (Reuters) – A South Korean parliamentary committee voted on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers commissions on in-app purchases, the first such curb by a major economy. Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google have faced global criticism… Source link

Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration SEOUL, Aug 24 (Reuters) – South Korea is likely to bar Alphabet Inc’s (GOOGL.O) Google and Apple Inc (AAPL.O) from charging software developers commissions on in-app purchases, the first such curbs by a major economy that could hurt the tech giants’ lucrative revenue streams. The parliament’s legislation and judiciary committee is expected on Tuesday to approve the amendment of the… Source link