SEOUL, Feb. 11 (Korea Bizwire) — South Korean internet service giant Kakao Corp. said Wednesday its board has approved a plan to reappoint Chief Executive Officer (CEO) Chung Shin-a as the company’s leader for another two-year term. In a regulatory filing, the company said the board passed the proposal earlier in the day. It will [...]
SEOUL, Oct. 28 (Korea Bizwire) – Kakao Corp. said Tuesday ChatGPT, a popular generative artificial intelligence (AI) service developed by OpenAI, is now available for use on the KakaoTalk online messaging app. With ChatGPT for Kakao, KakaoTalk users can access the chatbot with a single tap and share AI-generated conversations, images and text with friends [...]
SEOUL, Oct. 13 (Korea Bizwire) – Kakao Corp. said Monday the number of affiliates has decreased nearly 30 percent over the past 1 1/2 years as part of broader efforts to focus on artificial intelligence (AI) and restore public confidence. “Since my inauguration, the number of Kakao’s affiliates has dropped to 99 from 132 for [...]
SEOUL, Sept. 29 (Korea Bizwire) — Kakao Corp. has moved to roll back a major redesign of its flagship messaging app, KakaoTalk, after a wave of user backlash forced one of the most unusual reversals in the app’s 15-year history. According to industry officials on Monday, Kakao decided over the weekend to restore the original [...]
SEOUL, Sept. 8 (Korea Bizwire) — Kakao’s decision to give users more time to retract messages on its flagship app KakaoTalk has drawn an enthusiastic response, with deletions surging more than threefold in the week after the update. The company said Monday that average daily use of the delete function jumped 327 percent compared with the [...]
SEOUL, June 16 (Korea Bizwire) — Labor tensions are intensifying at South Korea’s top platform companies as unions at Naver and Kakao step up protests, raising fresh questions about corporate governance and workforce management in the country’s fast-evolving tech sector. According to the ICT industry on Sunday, Naver’s union, part of the Korean Federation of [...]
SEOUL, May 22 (Korea Bizwire) — South Korea’s internet giant Kakao Corp. said Thursday it has spun off Daum, the country’s second-largest internet portal, in a bid to revive the platform’s competitiveness amid a declining market share. During a board of directors meeting, Kakao approved the plan to spin off the in-house team managing Daum [...]
SEOUL, Feb. 17 (Korea Bizwire) — Major South Korean information and communications technology (ICT) companies are moving away from independent development efforts, forming strategic partnerships with global tech giants in artificial intelligence to minimize risks and boost their service capabilities. KT Corporation, one of South Korea’s largest telecommunications companies, announced plans to collaborate with Microsoft to [...]
SEOUL, Feb. 6 (Korea Bizwire) — Leading South Korean companies and institutions are increasingly restricting the use of DeepSeek, a Chinese artificial intelligence model, amid concerns over its excessive data collection practices. Kakao, which recently announced an official partnership with OpenAI, became the first major South Korean IT company to prohibit DeepSeek’s use for internal operations, [...]
SEOUL, Feb. 4 (Korea Bizwire) - South Korean tech giant Kakao Corp. on Tuesday announced partnership with OpenAI to use ChatGPT on its new artificial intelligence (AI) service, joining a global alliance led by the U.S. AI company amid intensifying competition in the global AI market. “I am happy to share our partnership with OpenAI [...]