| Mobile Web

Search results for Fourth quarter

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.

Crypto

Bitcoin bottom debate flares, five key variables to shake market this week

Warnings are growing again that the latest decline in the bitcoin market may not be the bottom of the bear market. Some traders see any firm low forming no earlier than the third quarter, and possibly in the fourth quarter, even if bitcoin attempts a short-term rebound. This week’s outlook is shaped by U.S. CPI and PPI data and interest-rate expectations, stock-market volatility, Middle East risks, mixed on-chain signals and extreme fear in investor sentiment.