Thursday, January 12, 2023

South Korean social media giant's Kakao Entertainment, which offers apps for animated shows and novels, raised $930M from Saudi Arabia's PIF and Singapore's GIC (Bloomberg)

Bloomberg:
South Korean social media giant's Kakao Entertainment, which offers apps for animated shows and novels, raised $930M from Saudi Arabia's PIF and Singapore's GIC  —  Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore …



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Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features that could expose children to bullying and predators (Foo Yun Chee/Reuters)

Foo Yun Chee / Reuters : Preliminary findings: the EU Commission says TikTok's accounts for minors violate the DSA, citing features t...