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Health

School smartphone bans show little impact on mental health, study finds

A study found middle school smartphone bans do not clearly improve students\' quality of life or mental health. Researchers analysed 815 students aged 12 to 15 at 20 England middle schools, comparing schools that banned phones for entertainment with those allowing limited use. Estimated QALYs were slightly higher and MWALYs slightly lower at restrictive schools, but differences were near zero and uncertain. Costs may be modestly lower under restrictions, though estimates were also uncertain.

Games & Commerce

Kakao Games launches first shareholder returns under new management, burns 500,000 treasury shares

Kakao Games said on Tuesday it will implement its first shareholder return measures since listing, including cancelling 500,000 treasury shares, introducing a restricted stock unit plan and reducing capital reserves. It will burn 500,000 shares worth about 29.9 billion won on July 15, and use the remaining 354,009 shares for employee RSUs. The company also plans to transfer reduced capital reserves to retained earnings after shareholder approval.

Games & Commerce

From Kakao to Line Yahoo: KakaoGames launches new management setup

KakaoGames has launched a co-CEO management structure as it accelerates a shift to a Line Yahoo-led setup following a change in its top shareholder. Shareholders approved the appointment of Kim Tae-hwan and Lee Si-woo as inside directors, and the board later named them co-CEOs. The company said 300 billion won in new funds flowed in through a share sale and convertible bonds. Key tasks include detailing Line Yahoo synergies and delivering results from new game launches in the second half.