Kakao’s co-CEO resigns over massive service disruption mobile messenger

A top executive of artificial intelligence (AI) solutions provider Kakao stepped down on Wednesday to take responsibility for the recent disruption of the company’s mobile messenger KakaoTalk and other related services.

“As a CEO of Kakao, I feel miserable and strongly responsible for the incident. So I am stepping down from the post,” Kakao’s co-CEO Namkoong Whon said at a press conference at Kakao’s office building in Pangyo, just south of Seoul.

“I would like to give an apology to all users,” he said. “I promise Kakao will do its best to restore public confidence.” Namkoong said he will work at the company’s emergency committee and focus on making up for a deficiency in Kakao.