Search results for Game Talent Foundation
AI & Enterprise
Game Talent Foundation to work with Seoul Digitech High School on talent training, donates 10 million won fund
Game Talent Foundation has begun cooperating with Seoul Digitech High School to foster specialised talent in the game and AI fields. It said on Sept. 14 it signed a memorandum of understanding with the school on Sept. 11 to strengthen educational cooperation and delivered a 10 million won development fund. The fund will be used for scholarships for outstanding students and support for educational activities.
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.
Games & Commerce
Kakao Games likely to adopt co-CEO system with Kim Taehwan and Lee Siwoo; extraordinary meeting set for June 22
Kakao Games plans to hold an extraordinary shareholders meeting later this month to reshuffle its board. Kim Taehwan, a vice president at LINE Games, and Lee Siwoo, the company’s chief business officer, were nominated as inside directors and could take up posts as co-CEOs after appointment. The board changes are conditional on completion of a deal that would make LAAA Investment, funded by Line Yahoo, the company’s largest shareholder.