Korean AI Startup Wrtn Raises Funds at $870 Million Value to Fund Global Growth

Wrtn Technologies Inc., a South Korean artificial intelligence services platform, has raised funding at a 1.2 trillion won valuation ($870 million) to bankroll its global expansion.

By Yoolim Lee

Ukraine attacked by over 160 drones: air defence downs 134, hits reported

Russian forces attacked Ukraine with 162 Shahed and other drones overnight. Ukrainian air defences shot down or jammed 134 drones, while strikes were recorded at 18 locations.

By STANISLAV POHORILOV

South Korea scrambles jets after Russian military planes enter air defence zone

South Korea said on Wednesday it had scrambled fighter jets in response to Russian military aircraft entering its air defence zone, the second such incursion in weeks. The relationship between the countries has worsened since South Korea joined Western sanctions following Russia’s invasion of Ukraine, and since Moscow built stronger ties with North Korea. Seoul’s defence ministry said multiple Russian aircraft had entered and then left its air defence identification zone over the East Sea, al...

By Agence France-Presse

Is China's fairy-tale cosmetics brand Flower Knows a K-beauty rival?

Immigration office under fire for penalizing foreign rider but not delivery agency owner

A foreign delivery rider affiliated with a delivery agency in Gwangju was penalized for violating immigration law earlier this year, but the business operator was not, raising questions over how the rider had been able to work. According to reports by local news agency News1 on Wednesday, a Vietnamese national who worked for the delivery agency was apprehended by the Gwangju Immigration Office in January for violating the Immigration Act. The rider was fined 2 million won ($1,444), while no sepa

By The Korea Herald

South Korea says Russian military planes entered its air defence zone

China's YMTC sets sights on Samsung, SK Hynix in race for NAND leadership - report

ADF neutralizes 134 Russian drones used to attack Ukraine overnight

Ukrainian air defense forces neutralized 134 of the 162 drones with which Russian forces attacked Ukraine from the evening of August 25.