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Telecommunications & Media

KT Skylife's ipit TV subscribers top 240,000

KT Skylife said on Wednesday that subscribers to its internet-based TV service ipit TV have topped 240,000 and internet subscribers have surpassed 660,000. The product, launched in July last year, offers live broadcasts and over-the-top services based on KT's internet network and provides a 2,200 won monthly discount to users of major OTT services. The company aims to reach 300,000 ipit TV subscribers and 700,000 internet subscribers by year-end.

Games & Commerce

Kakao management, union reach tentative wage deal to end two-month dispute

Kakao and its union reached a tentative agreement on wage talks, ending a dispute that lasted more than two months, the ICT industry said. The union will brief members on the deal and hold a vote to decide whether to accept it. The two sides agreed not to disclose details such as the wage increase rate until a final settlement. The dispute centered on pay growth, bonuses and whether RSUs should be included in performance compensation.

AI & Enterprise

NamuAX develops in-house server virtualisation platform

AI infrastructure company NamuAX said on Wednesday it has developed an in-house server virtualisation platform, namuVIRT. The KVM-based infrastructure-as-a-service platform integrates management of compute, storage and network resources and supports operation of large-scale virtual machines. It provides migration tools to move virtual machines from VMware environments to KVM and supports switching between different hypervisors. The company plans to link namuVIRT with its CocktaiCloud GPU optimiser.