Seoul, South Korea — The billionaire founder of South Korean tech giant Kakao Corp, Kim Beom-su was arrested on Tuesday on accusations of manipulating stocks during the acquisition of a K-Pop ...

South Korean internet company Kakao has become the largest shareholder of SM Entertainment, winning a battle for control of one of the country’s most iconic music agencies.

Kakao CEO Shina Chung (left) and OpenAI CEO Sam Altman announces a joint venture in a press conference in Seoul, Korea on February 4, 2025. Billionaire Kim Beom-su’s Kakao on Tuesday announced a ...

Korean prosecutors have arrested Brian Kim, founder of Kakao Corp., over stock manipulation allegations relating to its takeover of SM Entertainment.

Kakao Entertainment, owned by South Korean tech giant Kakao, will shut down the Korean branch of Tapas Entertainment, the U.S.-headquartered storytelling platform, next month.