kakao

Tech giant Kakao on Tuesday welcomed a Seoul court's ruling clearing founder Kim Beom-su of stock manipulation charges related to the company's takeover of K-pop agency SM Entertainment, vowing efforts to regain momentum in the fast-growing AI industry. “We express our gratitude for the...

FTC slaps $300,000 fine on Kakao Entertainment for deceptive social media promotion Korea's Fair Trade Commission (FTC) has imposed a corrective order and a fine of 390 million won ($290,000) on Kakao Entertainment for misleading online advertising designed to boost the popularity of music it...

South Korean prosecutors are seeking an arrest warrant for billionaire Kakao Corp. founder Brian Kim Beom-Su, a surprise twist in their ongoing investigation into alleged stock market manipulation. The Seoul Southern District prosecutors’ office is seeking to detain the celebrated entrepreneur...

Korea’s antitrust regulator has approved Kakao’s acquisition of a 39.86 percent stake in K-pop agency SM Entertainment, contingent upon the implementation of corrective measures. The Fair Trade Commission (FTC) said on Thursday that it has imposed two forms of corrective measures to address...

https://koreajoongangdaily.joins.com/2023/02/07/business/tech/Korea-Kpop-SM-Entertainment/20230207140807750.html Well ain't this a hot mess. To catch you up on the story: LSM has been trying to share off his large shares in SM for about a year now and every time a deal falls through. Part...

On August 19, Kakao Entertainment announced that they are currently planning “Virtual Idol Project 30 (VIP 30)” (working title), a virtual idol survival program. “VIP 30” is a virtual idol survival show where 30 K-pop girl group members will compete to debut in a virtual world. The contestants...

On July 15, both companies decided on a merger at their respective board meetings. The two companies plan to complete the merger by September 1 after receiving final approval at a general meeting of shareholders on July 30. Melon, which was spun off from Kakao on July 1, will join Kakao...

YG and his brother covered in dirt as well https://www.soompi.com/article/1308128wpp/club-reportedly-owned-by-yang-hyun-suk-and-brother-is-under-suspicion-of-tax-evasion-yg-responds UPDATE: I've been saying the Kakao talks contain admissions of sexual violence These are between Jung Joon-Young...