Shock, anger and action as Kakao's tech fails dramatically
The dramatic failure of Kakao services over the weekend left users wondering about a company on which they have become dangerously dependent and the government hinting of intervention into what has become critical infrastructure.
Kakao shares drop after outage, but recover later in the day
Four listed Kakao companies — Kakao, Kakao Pay, Kakao Bank and Kakao Games — plummeted following a service outage over the weekend caused by a fire at a data center in the SK C&C building in Pangyo, Gyeonggi.
Businesses demand compensation from Kakao, some lawyers skeptical
Businesses are demanding compensation for earnings lost due to the Kakao blackout. Kakao servers were knocked out as a result of a fire at a Pangyo data center that started Saturday afternoon. The company's messenger and services offered by related companies were unavailable, degraded or intermittent anywhere from 10 hours to 2 days as backup systems failed to kick in fast enough.
Kakao crash causes chaos to Koreans, from communication to catching cabs
The Kakao crash rendering numerous online services useless disrupted the daily lives of people in Korea as many are reliant on a broad range of its services, from messaging and payments to ride-hailing and music streaming.
Prosecutors raid SBW Group over cash smuggling suspicions
Prosecutors on Monday raided the headquarters of minor conglomerate SBW Group following evidence that the company's employees were involved in smuggling stacks of U.S. dollars into China, possibly with the final destination of North Korea.
Despite some challenges, Le Sserafim is feeling more relaxed than ever before
Le Sserafim is back, now as a team of five, with its new EP “Antifragile.” The girl group members — Miyawaki Sakura, Kim Chaewon, Hong Eunchae, Kazuha and Huh Yunjin — held a showcase on Monday at Yonsei University’s Centennial Hall in western Seoul.