SEOUL, Dec. 29 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s most popular mobile messenger, KakaoTalk, said Thursday it will give cash compensation to all small business owners for damage caused by the massive service disruption stemming from a fire at its data center. The fire at a building that houses Kakao’s data [...]
SEOUL, Dec. 29 (Korea Bizwire) — The South Korean government said Thursday it will strengthen legal and administrative regulations to rein in excessive concentration of power in the local platform market led by tech giants Naver Corp. and Kakao Corp. In a comprehensive plan by the Ministry of Science and ICT, the Fair Trade Commission [...]
SEOUL, Dec. 23 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s dominant messaging app KakaoTalk, announced that it has added a new function enabling users to “sneak out” of team chat rooms without informing other team members. Team chat rooms are usually opened by team leaders who use a pay-based data backup service. [...]
SEOUL, Dec. 15 (Korea Bizwire) — Kakao Pay Corp., the online payment unit of South Korean tech giant Kakao Corp., said it has launched a mobile-based certified mail service that provides proof of originality for e-documents, thus having the same effect as certified mail. The new service, the first of its kind in the domestic [...]
SEOUL, Dec. 14 (Korea Bizwire) — Retailer Shinsegae Group and local telecom giant KT Corp. said Wednesday they will work together in the digital transformation of shopping, logistics and land development. Shinsegae and KT signed a partnership deal earlier in the day to join hands in five sectors: customer management, logistics, land development, online shopping [...]
SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co.’s smartphone brand Galaxy has been chosen as South Korea’s best brand for the 12th consecutive year, a survey showed Monday. The Galaxy phone earned a brand index reading of 937.6 points out of a possible 1,000 points, according to the survey by Brandstock, a South Korean [...]
SEOUL, Dec. 13 (Korea Bizwire) — The amount of time Korean people spent on the country’s most popular mobile messenger KakaoTalk was restored to the normal level two months after it suffered extensive service disruptions stemming from a fire at a data center, industry data showed Tuesday. Users spent an average of 32.18 minutes using [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s antitrust regulator called Monday for Apple Inc. to faithfully implement its projects worth 100 billion won (US$763 million) to support local developers as part of a deal to address the company’s alleged violation of competition law. Apple kicked off an application developers’ academy in South Korea after [...]
SEOUL, Dec. 7 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s largest messenger app KakaoTalk, said Wednesday that it will increase investment to set up multiple backup storage systems on all its servers in a bid to prevent a service outage stemming from a data center disaster. Due to a fire on Oct. [...]
SEOUL, Dec. 7 (Korea Bizwire) — Apple Inc. said Wednesday it will introduce the new pricing policy, including changes in tax calculation for South Korean app developers, from next year in a move to comply with the local antitrust regulator’s probe. “Apple today announced the most comprehensive upgrade to pricing capabilities since the App Store [...]