Kakao

Kakao co-CEO quits amid public anger over chat app outage

Kakao co-CEO quits amid public anger over chat app outage

Kakao is committed to investing in infrastructure to ensure continuity “All thought revolved around… profit” – ex-CEO Lawmakers propose bill requiring system backup SEOUL, Oct 19 (Reuters) – Kakao Corp (035720.KS) co-CEO Namkoong Whon resigned on Wednesday as South Korea’s biggest mobile chat app sought to defuse public anger over a massive blackout that left …

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Kakao shares meltdown as outage sparks calls for regulatory review

Kakao shares meltdown as outage sparks calls for regulatory review

Antitrust watchdog, the Department of Science will investigate the matter Could extend to calls to platform monopoly regulatory analyst User Traffic Trends After Important-Analyst Recovery Main services restored, miscellaneous still off spokesperson SEOUL, Oct 17 (Reuters) – Shares of South Korean firm Kakao Corp (035720.KS) plunged on Monday after a widespread outage of the country’s …

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