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Games & Commerce

Wemade signs publishing deal with Madngin for new \'Night Crows\' title, targets launch this year

Wemade will unveil a new title using the intellectual property of its hit game \'Night Crows\' within the year. The company said it signed a publishing contract with Madngin and has begun preparations for launch, targeting a global one-build release this year. The new game will be an MMORPG playable on PC and mobile. Wemade also aims to launch the original \'Night Crows\' in China this year.

Games & Commerce

Kakao Games eyes turnaround with management shake-up and new game push ahead of new top shareholder

Kakao Games is moving to replace its management ahead of a change in its largest shareholder from Kakao to an investment vehicle funded by Line Yahoo. The company plans to appoint two internal directors who are expected to become co-CEOs and to name a non-executive director from Petrico Partners. It also outlined five new game releases from the third quarter through year-end as it seeks a turnaround after six consecutive quarterly losses.

People & Appointments

Vice PM Bae holds talks in Belgium with EU on AI, science and technology cooperation

South Korea\'s Vice Prime Minister Bae Kyeong-hoon (배경훈) met a European Union executive commissioner in Brussels to discuss ways to expand cooperation in artificial intelligence and science and technology, the science ministry said. He accompanied President Lee Jae-myung on a state visit to Belgium and the EU. Bae also met Korean researchers at IMEC and discussed Horizon Europe participation, joint research in AI-driven innovation, advanced biotech and quantum technology, and wider researcher exchanges.