Saturday, 18 April, 2026
Kakao Co-CEO Namkoong Resigns On Service Outrage
By Basit Ansari
<p>After a fire incident at an SK C&C data centre in the south of Seoul caused a mass outage over the weekend and disrupted Kakao's numerous services, including messenger, ride-hailing, payment, banking, and gaming, Whon Namkoong, the co-chief executive of Kakao, has resigned in a remarkable display of corporate accountability. KakaoTalk is South Korea's most popular messaging service, reaching approximately 47 million of the country's people each month.</p>
Read full story at The Hindu BusinessLine
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