The Korea Herald

Mobile advertising rises with smartphone use

TechnologyApr 12, 2011

Details of mobile advertising are unveiling as the number of smartphone owners has surpassed the 10 million mark and is expected to reach 20 million by the end of this year. Google Korea is currently considered a leader in mobile advertising business, moving ahead with its global platform, followed by the country’s telecoms ― SK Telecom, LG Uplus and KT ― which all declared to play a role in the...
Cyworld back in the game with robust profit

IndustryApr 12, 2011

Korea’s SNS pioneer plans to regain lost glory with mobile apps, acorns Cyworld, in many ways a Korean pioneer in social networking services, is back with a vengeance this year on the back of robust “acorn” sales and closer collaboration with up-and-coming technology. Acorn ― “dotori” in Korean ― is the unit of virtual money that Cyworld users spend on all sorts of items for decorating and pers...
U.S. fast-food chains bet on India to drive growth

IndustryApr 12, 2011
Toyota: Summer car shortage possible

IndustryApr 12, 2011
Fed to stick with low rates, despite oil rise

IndustryApr 12, 2011
Olympian Carl Lewis to run for NJ Senate

PeopleApr 12, 2011

TRENTON, New Jersey (AP) ― Olympic gold medalist Carl Lewis says he’ll run again ― for New Jersey Senate. “When I run ― as you see from my record ― I run to win,” the 49-year-old Lewis said outside a historic courthouse in his home county, where he announced his candidacy Monday with his mother and other family members standing nearby. Lewis said he hopes to inspire people, encourage communitie...
Oh’s rival to climb Everest without oxygen

PeopleApr 12, 2011

Spain’s Edurne Pasaban, who claims to be the first female climber to conquer the world’s 14 highest peaks, seeks to become the first woman to climb Mount Everest without oxygen, the Sydney Morning Herald reported. Pasaban, 37, scaled the 14 mountains above 8,000 meters in May 2010 after she reached the summit of 8,027-meter Shisha Pangma, situated in China’s Tibet region. She told a recent Madr...
Korean to be Facebook creative director

PeopleApr 12, 2011

Ji Lee, creative director of Google Creative Lab, is moving to Facebook to be the social networking site’s first creative director, the online news site Creativity reported. Lee drew attention three years ago as Google scouted the New York street artist as its creative director. Born in Korea and raised in Brazil, Lee studied design at Parsons School of Design in New York, where he lives. He g...
Taiwan leader sets Korean record straight

PeopleApr 12, 2011

An unusual exchange between Taiwanese President Ma Ying-jeou and a Korean student in Taiwan has caused a stir. According to a news release by the Taipei Mission in Korea, Ma had an informal discussion with students of Taipei-based St. John’s University on Sunday. During the meeting, Lee Jin-hee, the only Korean student attending the university, made an unusual request to the Taiwanese leader. ...
Women blaze trail in Korea promotion

PeopleApr 12, 2011

Three spend private money to publish magazine on contemporary Korea Three young women are blazing a trail in the field of Korea promotion with a fresh magazine which highlights contemporary aspects of the nation. Launched by Byon Sarah, Park Sang-aa and Choi Jung-yoon last August, Roking is a free magazine that shows the cool side of Korea to the world. The title Rok uses the initials of the R...
[Editorial] Bills of evil

EditorialApr 12, 2011

In this age of plastic cards, keeping a few 50,000-won bills in wallet would not make one feel particularly comfortable. In everyday life, you rarely need to use the light brown note graced by the elegant portrait of virtuous Joseon era lady Shin Saimdang, which was first issued in June 2009. Yet, the Bank of Korea reports that some 400 million 50,000-won notes are “in circulation,” believe it or...
[Editorial] Suh’s choice

EditorialApr 12, 2011

Suh Nam-pyo, a Korean-born professor emeritus at MIT with more than 70 patents in mechanical engineering and experience as vice president of the U.S. National Science Foundation, assumed presidency at the Korea Advanced Institute of Science and Technology in July 2006. At the time, he set the goal of making KAIST one of the 10 best research universities in the world. He followed up with reform m...
Let’s call Mexico’s drug cartels what they are

ViewpointsApr 12, 2011

U.S. Rep. Michael McCaul, R-Texas, gets it. When drug cartel thugs order mass kidnappings, explode bombs, murder scores of public officials, behead victims or hang them from overpasses, and post signs in border-area cities warning of more violence if they don’t get their way, that’s not mere drug trafficking. That’s terrorism. Finally, someone in Washington is taking action in response to the un...
Empower the FCC to protect Internet access

ViewpointsApr 12, 2011

Even the Federal Communications Commission’s timid assertion of rights and protections for consumers on the Internet continues to inspire the wrath of Republicans. The U.S. House of Representatives cleared the way for a resolution disapproving of the FCC’s net-neutrality guidelines adopted in December. Debate and a vote on the resolution, a formal device used by Congress to block actions taken b...
[Jonathan Alter] Shutdown dance just a warm-up?

ViewpointsApr 12, 2011

The root canal Americans experienced over the averted government shutdown may seem painless compared with the operation that’s coming: debate over raising the debt ceiling followed by House Budget Committee Chairman Paul Ryan’s plan to overhaul the government. The political fates of President Barack Obama and most of Congress depend on the outcome. While the stakes for the 2011 budget skirmish h...