Hong Kong/Seoul CNN — Kakao, one of South Korea’s top internet giants, has doubled down on its quest to take control of SM Entertainment, the iconic K-pop music agency. The tech firm announced Tuesday that it would seek to buy up to 35% of the music label, just days after a previous share sale between […]
Seoul/Hong Kong CNN — HYBE, the management agency behind superstar boy band BTS, will become the biggest shareholder of its K-pop rival, SM Entertainment. The move strengthens HYBE’s dominance in South Korea’s music industry, where it is already the biggest player, even as it seeks to expand abroad. The South Korean entertainment giants announced the […]
Hong Kong CNN — Apple supplier Foxconn says its January monthly sales hit a record high as it bounced back from Covid-19 disruptions in China. In a sales update on Sunday, the Taiwanese manufacturing giant reported revenue of 660.4 billion Taiwan dollars ($22 billion) in January, 48% more than the same period a year ago […]
CNN — Activists from the campaign group Greenpeace have boarded a ship in the Atlantic Ocean and scaled a Shell oil platform that is currently being transported to the North Sea. “Stop drilling. Start paying,” the activists’ banners say. The protest comes as the oil giant on Thursday announced record annual profits of almost $40 […]
Nashville, TN CNN — Growing up, Richard Casper always knew he wanted to serve others. When he was a junior in high school, the 9/11 terrorist attacks happened, and he realized how he would fulfill that calling. “I had this urge inside of me,” he said. “I joined the Marine Corps infantry. … I wanted […]