Philip Iglauer reports:
Kakao, the company behind South Korea’s most popular instant messaging app, KakaoTalk, has said it will cooperate with government prosecutors when they request chat messages, ending a year-long standoff over privacy.
The decision marks a 180-degree turn for the company and, to date, the most clear departure in corporate strategy from its former CEO Lee Seok-Woo with new CEO, 34-year-old Lim Ji-Hoon, who took the helm officially during a stakeholders meeting on September 30.
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