Search results for governance
Games & Commerce
Kakao to split Kakaotalk and AI unit in bid to redesign growth structure
Kakao will separate its Kakaotalk and artificial intelligence businesses into a separately listed company, saying the market is not fully reflecting the value of its businesses. The company approved a human split into newly created KakaoAI and surviving KakaoX, with existing shareholders to receive shares in both. Kakao set targets for AI user growth and revenue through 2030 and also disclosed shareholder return plans, including a 300 billion won treasury share buyback and cancellation plan.
Crypto
Danal joins global Open USD stablecoin ecosystem
Danal is joining the global Open Standard ecosystem and will build payment and settlement infrastructure using the dollar-based stablecoin Open USD (OUSD). The company said on Aug. 21 it is the first domestic payment gateway provider to participate in the ecosystem and has joined as an OUSD participant. Danal plans to gradually add OUSD-based payment and settlement functions to its merchant network and payment infrastructure and expand into cross-border payments and digital-asset settlement.
Games & Commerce
Kakao mulls restructuring as it holds emergency town hall and disclosure
Kakao has begun work to restructure its group governance. The company will hold a staff town hall meeting called \"Open Talk\" at 10 a.m. on Aug. 21 to explain the direction of the overhaul and is expected to disclose details around the same time. Kakao has not officially released specific agenda items. Market attention is focused on whether Kakao will separate the KakaoTalk business.
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People & Events
KB Financial included in FTSE4Good global ESG index for 16th straight year
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Crypto
Ripple targets $10 billion private credit market with institutional lending on XRP Ledger
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AI & Enterprise
AI agent era needs \'AI compliance officer\'; trust will determine AI adoption
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AI & Enterprise
AI-driven M&A spreads as security market reshapes, highlighting hackers\' two faces
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AI & Enterprise
C-Cubista partners Novainsecu to co-develop integrated security service
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Telecommunications & Media
KTOA says AI security and safety are a matter of survival, stresses public-private governance
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AI & Enterprise
Analytics enters agentic era as AI delivers insights first
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Crypto
Charles Hoskinson says crypto bear market is temporary, real-world use key to rebound
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Crypto
White House engages industry as Clarity Act wavers and crypto market splits
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Crypto
Circle\'s euro stablecoin EURC circulation tops 400 million euros
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AI & Enterprise
AI context layers meant to curb wrong answers linked to higher error reporting
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AI & Enterprise
Fortinet to acquire AI security firm Virtue AI, securing real-time runtime guardrails technology
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AI & Enterprise
Snowflake adds dynamic model routing to Cortex AI Gateway, cutting costs up to threefold
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AI & Enterprise
En-core signs deal with Hanwha Systems on manufacturing AX business, joint development of industry-specific AI services
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Crypto
Cardano to pursue two-stage Dijkstra upgrade through 2027 to boost throughput and speed finality