Korea tech tycoon charged in K-pop share rigging case

Quick Summary:

Internet giant Kakao's founder allegedly tried to inflate the share price of an agency he was buying.

The case has sent shockwaves through South Korea's technology industry, which has long seen Mr Kim as a visionary internet pioneer.

Mr Kim, who founded the internet giant Kakao, has been in detention since being arrested just over two weeks ago.

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Article Details

Category: Business

Markets: United KingdomBangladeshIsraelJapanSouth KoreaOman

Topics: K-pop Technology Entertainment Stock Buying Been Charges Internet Agency Kakao South

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 07:39:18 (13 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 21980849

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Main Topics: Business

Official Website: bbc.co.uk

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Year Established: 1922

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News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

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