The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su was arrested on Tuesday on accusations of manipulating stocks during the acquisition of a K-Pop agency last year.

In January, the Personal Information Protection Commission (PIPC) fined Kakao Pay 5.97 billion won for violating Korea’s Personal Information Protection Act.

Kakao Corp. founder Kim Beom-su was arrested Tuesday in Seoul, South Korea. That might not mean much to Westerners, but the story is a bizarre tale of how a celebrated, self-made tech billionaire ...

Kakao CEO Shina Chung (left) and OpenAI CEO Sam Altman announces a joint venture in a press conference in Seoul, Korea on February 4, 2025. Billionaire Kim Beom-su’s Kakao on Tuesday announced a ...

Korean prosecutors have arrested Brian Kim, founder of Kakao Corp., over stock manipulation allegations relating to its takeover of SM Entertainment.

Striding purposefully across the stage at a packed media briefing held in Seoul in early February, Shina Chung, CEO of Korean internet giant Kakao, leaned in to greet OpenAI cofounder Sam Altman ...

South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price rigging during his company's takeover of a major K-pop agency last year.

OpenAI said on Tuesday it will develop artificial intelligence products for South Korea with chat app operator Kakao , unveiling a second major alliance with a high-profile Asian partner this week.

Today, OpenAI unveiled a strategic collaboration with Kakao, the South Korea tech company that operates one of the region’s most popular messaging apps, KakaoTalk.

Currently Korea’s ride-hailing industry is dominated by Kakao Taxi, Kakao Mobility’s consumer service, with more than 23 million registered users and a 98% market share, per Statista.