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Monday, 24 August 2026 Reading Room

Finance & Markets

TikTok Agrees to $400 Million Children’s Privacy Settlement

TikTok and its Chinese parent company ByteDance on Friday agreed to a $400-million settlement to resolve the U.S. Justice Department’s allegations the short-video app violated children’s online privacy. The Justice Department sued TikTok and ByteDance in 2024 for allegedly failing …

insurancejournal.com ·

TikTok Agrees to $400 Million Children’s Privacy Settlement

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Samsung, SK hynix Diverge On Shareholder Returns

Samsung Electronics and SK hynix, the two monumental pillars of the domestic semiconductor industry, are capturing the stock market’s attention by consecutively announcing shareholder return policies…

  • Samsung Electronics plans to distribute 30 trillion won in cash dividends over 2024-2026.
  • SK hynix cancels 24.07 million shares to maintain regulatory compliance.

·businesskorea.co.kr

Stablecoin Legislation Gains Momentum as Related Stocks Surge

South Korea's parliament is stepping up efforts to establish a legal framework for the introduction of won-denominated stablecoins, with the government and ruling party aiming to pass the second phase…

  • South Korea aims to pass won-denominated stablecoin legislation by year-end.
  • Dollar-denominated stablecoins dominate 99.4% of market capitalization.
  • Integrated bill to be introduced next month with Financial Services Commission involvement.

·businesskorea.co.kr

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