South

Technology

Milo JasperJanuary 12, 2023
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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…
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Technology

Milo JasperDecember 21, 2022
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Deep Voodoo, founded by South Park creators Trey Parker and Matt Stone to develop deepfake technology and cost-effective visual effects, raised $20M (Todd Spangler/Variety)

Todd Spangler / Variety: Deep Voodoo, founded by South Park creators Trey Parker and Matt Stone to develop deepfake technology…
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Technology

Milo JasperDecember 20, 2022
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South Korean financial super app Toss raised $405M Series G at a 9.1T won valuation, or ~$7B, after a 8.5T won valuation in June '21; Toss Bank has 5M users (Kate Park/TechCrunch)

Kate Park / TechCrunch: South Korean financial super app Toss raised $405M Series G at a 9.1T won valuation, or…
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Technology

Milo JasperDecember 13, 2022
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Instagram rolls out Notes, a friend-focused status updates feature that appear atop the inbox, and begins testing BeReal-like Candid Stories in South Africa (Cordilia James/Wall Street Journal)

Cordilia James / Wall Street Journal: Instagram rolls out Notes, a friend-focused status updates feature that appear atop the inbox,…
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Technology

Milo JasperDecember 12, 2022
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South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA, is hiding in Serbia, traveling via Dubai from Singapore in October (Song Jung-a/Financial Times)

Song Jung-a / Financial Times: South Korean prosecutors believe Do Kwon, who founded the collapsed TerraUSD and LUNA, is hiding…
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