Kakao co-CEO resigns after fire incident that caused mass outage • ZebethMedia

Whon Namkoong, the co-chief executive of Kakao, has resigned from his position after a fire incident at a data center last week caused a mass outage at the South Korea’s top instant messaging app KakaoTalk. Namkoong, who joined Kakao in 2015, was elevated to the co-CEO role this March. At a press conference Tuesday, he […]

Shares of Korean internet giant Kakao slide after fire disrupts service • ZebethMedia

The stock price of South Korea’s internet giant Kakao tumbled on Monday after a fire at a data center that cut off power on Saturday, causing several service malfunctions. The blaze at the SK C&C data center, which houses the servers of Korea’s two largest internet companies — Kakao and Naver — disrupted Kakao’s messaging, […]

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