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jerryking : south_korea   16

What Silicon Valley Can Learn From Seoul - NYTimes.com
By JENNA WORTHAM JUNE 2, 2015

One thing Silicon Valley hopes to learn is how to get Americans to actually pay for things on their phones. For years now, Koreans have carried out important daily transactions, like paying bills and shopping, on their smartphones. ....Silicon Valley might also learn how to cater to more customers in more countries around the world. Most Korean companies have been internationally minded since their inception, aware of their own limitations: South Korea is such a small market that entrepreneurs are forced to consider how they might adapt to business abroad.

But without a more affordable, better mobile web, even the best new offerings from American entrepreneurs will be stuck in the past. Perhaps one of the biggest lessons Silicon Valley’s innovators should learn from South Korea is that to radically change how everyday people live their lives, they’ll need to convince their nation to invest in infrastructure, so that we can actually use the services they want to sell us.
Jenna_Wortham  Seoul  South_Korea  mobile_applications  internationally_minded  Silicon_Valley  Wi-Fi  infrastructure 
june 2015 by jerryking
Asia doesn’t vote for subways, it builds them - The Globe and Mail
JEFFREY SIMPSON
SEOUL — The Globe and Mail
Published Saturday, May. 02 2015

The key in North Asia is the assumption that urban transit is a public good that must be given priority in funding and planning. These countries don’t engage in the fits and starts of Canadian cities; they plan to improve every year. It happens in authoritarian China, but also in democratic Japan and South Korea....Governments here don’t put matters to a plebiscite. They do what governments are supposed to do: they decide. The Chinese don’t care much about Not in My Backyard. Democratic countries have to pay more attention to public opinion. Judging by the public transit in North Asia, people understand that without large and efficient systems, their cities will be less manageable and competitive.
public_transit  Jeffrey_Simpson  Japan  South_Korea  China  public_goods 
may 2015 by jerryking
South Korea’s chaebol problem - The Globe and Mail
IAIN MARLOW - ASIA-PACIFIC CORRESPONDENT
SEOUL — The Globe and Mail
Published Friday, Apr. 24 2015

Economic observers suggest the chaebol are now thriving to the detriment of other players in the economy – hoarding profits, increasingly focusing on overseas factories, squeezing domestic suppliers, and preventing the growth of small and medium-sized enterprises (SMEs) that employ nearly 90 per cent of South Korean workers. There are also ongoing concerns about crony capitalism and the massive firms’ close relationship with the government.
chaebols  South_Korea  conglomerates  problems  family-owned_businesses  cronyism  crony_capitalism  The_One_Percent  political_elites  corporatism  supply_chain_squeeze  SMEs 
april 2015 by jerryking
Google Fosters South Korean Startups - WSJ.com
By
Jonathan Cheng
connect
Updated Nov. 17, 2013

Google has done work with entrepreneurs in other countries, but says that its effort in South Korea is the product of a realization that Google executives made about two years ago: Many of the most popular games on its global mobile-app store were ones that had been developed by Korean companies.

As the company sought out innovative startups in South Korea, however, it found that many of the most promising companies were, like Classting, built around the country's rigorous educational system.

Mr. Cho, the 28-year-old former teacher, first cooked up the idea for Classting—a social-media network for the classroom that allows teachers to interact with students and their parents—after trying to first engage his students through Facebook and Twitter.

Mr. Cho found that students weren't willing to open up their social-media profiles to their teachers and parents, or that schools wanted to ban smartphones outright in the classroom.

So Mr. Cho and his co-founder, a high-school friend and programmer, developed an app they thought could fill that need. They spent two years working on the app, which they named Classting—a portmanteau of "class" and "meeting"—while working their day jobs.

Thanks to its success in startup contests funded mainly by the South Korean government, Mr. Cho and his staff have been able to give up their day jobs. And in June, Classting brought in SoftBank Ventures—its first outside investor—as the app gained traction in its home market. Classting is now being used at about 6,000 of the country's 11,000 schools, Mr. Cho said.

Classting has expanded to 13 employees and moved into a three-story, penthouse-style office in an alley off Seoul's fashionable Garosu-gil shopping district, where several South Korean startups are clustered. Classting is now putting the finishing touches on a Japanese version of the app, which it plans to roll out next year.
Google  South_Korea  South_Korean  Classting  education  SoftBank  social_media  start_ups  Silicon_Valley  venture_capital  vc 
november 2013 by jerryking
Mall Facial-Recognition Software Pegs Shoppers for Advertising Pitches - WSJ.com
October 8, 2012 | WSJ |By EVAN RAMSTAD.

Big Brother, Now at the Mall
Facial-ID Software Recognizes Age, Sex—for the Sake of a Sales Pitch
advertising  digital_signage  South_Korea 
february 2013 by jerryking
Best Restaurants in Seoul - WSJ.com
November 7, 2010, 5:21 p.m. ET

What's for Dinner?
A guide to some of the best, and most interesting, restaurants in Seoul

By ANDREW SALMON
Seoul  South_Korea  restaurants  travel 
july 2012 by jerryking
Working in South Korea as an Expat - WSJ.com
November 7, 2010, 5:21 p.m. ET

Expat Diary
So Fast, So Dynamic—Yet Still Hierarchical
By MIKE WEISBART
South_Korea 
july 2012 by jerryking
Southern hospitality
May 25, 2012 | Report on Business Magazine | Nancy Won
travel  South_Korea  Seoul  things_to_do 
may 2012 by jerryking
Adjusting to a Dry Market - WSJ.com
March 17, 2003 | WSJ | By PAULETTE THOMAS | Staff Reporter of THE WALL STREET JOURNAL. How Do You Make Adjustments When Your Market Dries Up?

THE LESSON: It's a new world. Opportunities abound across borders for those who develop the contacts and expertise.
borderless  lawyers  business_development  small_business  immigration  visas  India  Turkey  South_Korea  globalization 
may 2012 by jerryking
In Kim Jong-il Death, an Extensive Intelligence Failure - NYTimes.com
By MARK LANDLER and CHOE SANG-HUN
Published: December 19, 2011

“We have clear plans about what to do if North Korea attacks, but not if the North Korean regime unravels,” said Michael J. Green, a former Asia adviser in the Bush administration. “Every time you do these scenarios, one of the first objectives is trying to find out what’s going on inside North Korea.”

In many countries, that would involve intercepting phone calls between government officials or peering down from spy satellites. And indeed, American spy planes and satellites scan the country. Highly sensitive antennas along the border between South and North Korea pick up electronic signals. South Korean intelligence officials interview thousands of North Koreans who defect to the South each year.

And yet remarkably little is known about the inner workings of the North Korean government. Pyongyang, officials said, keeps sensitive information limited to a small circle of officials, who do not talk.
security_&_intelligence  failure  North_Korea  South_Korea  U.S.  SIGINT  scenario-planning  contingency_planning  eavesdropping 
december 2011 by jerryking
Executive Learns From Hack - WSJ.com
JUNE 21, 2011 By EVAN RAMSTAD.

• Trust the authorities.
• Stay open and transparent."
• Learn IT and know where vulnerabilities are. "These days, the CEO
should understand the basic structure of hacking even though he cannot
do programming. A CEO has to make tradeoffs and organizational
decisions.
• Create a philosophy that drives IT decisions. "Up to a few years ago,
the hacking route was very simple. But these days, there are so many
holes. Smartphone applications, so many websites … so the CEO has many
decisions to make.
• Reassess plans for products and services. Understand that each
application creates a new route for hacking. The real cost is not the
development cost. It's also the cost of hacking exposure.
reassessments  Hyundai  South_Korea  blackmail  consumer_finance  IT  lessons_learned  cyber_security  product_development  product_management  hacks  data_breaches  vulnerabilities  new_products  hidden  latent  tradeoffs  CEOs 
june 2011 by jerryking
Off the Shelf - A War for Hearts and Minds, Economically Speaking - Review - NYTimes.com
June 4, 2010 | NYT | By DEVIN LEONARD. Review of Ian
Bremmer's “The End of the Free Market: Who Wins the War Between States
and Corporations?” (Portfolio, 230 pages)
book_reviews  BRIC  South_Korea  Turkey  South_Africa  state_capitalism 
june 2010 by jerryking

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