Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates 
Asian Stocks Tumble as Oil Surge Fuels Rate Hike Fears 
Asian Stocks Slip as Fed Rate Hike Bets and Oil Surge Weigh 
Treasury Yields Set to Stay High as Debt Supply Pressures Bond Market 
Gold Prices Slide as Iran Conflict Fuels Fed Rate Hike Bets 
Dollar Hits Two-Week High as Iran Conflict Lifts Oil and Bond Yields 
OpenAI Nears Astra AI Model Launch With Safety Focus 
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 
The Realist’s Case: Lukas Kerrebijn of RD Dubai on the Narrative Dubai’s Agents Won’t Question 
CATL Shares Fall as Hungary Plant Faces Safety Halt 
France Targets Shein, Temu With Fast-Fashion Fees 
South Korea Inflation Rises to 3.1% in August 
FTSE 100 Falls as US-Iran Conflict Drives Oil Prices Higher 
US Strikes Iran IRGC Targets as Conflict Escalates 
Canada Backs €100 Billion Global Defence Bank 
Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability 
GM Canada Workers Approve C$1.1 Billion Investment Deal 
Add as a preferred source on Google
KakaoTalk is said to be gaining back the users it lost because of the system crash that happened more than a week ago. The blackout created many issues as well as controversies because the mishap uncovered the fact that millions of people and companies are relying only on Kakao’s various services including communication, ride-hailing, and even music streaming.
In any case, one of Kakao’s popular service offerings is its messaging app called KakaoTalk which has lost a huge number of users following the blackout that lasted for an unexpectedly long time. Almost 52 million people in South Korea are said to be using the chat app but they quickly abandoned it after the service disruptions that occurred in mid-October.
According to Pulse News, KakaoTalk is recovering as its daily active user record showed that people are returning to the platform. As of Oct. 25, the count was said to have returned to 40.99 million after it slid down to 40.12 million on Oct. 15. The lowest number was 39.05 million and this was one day after Kakao’s system went down.
Many people jumped over to rival messaging apps such as Telegram and Naver’s Line. KakaoTalk only stopped losing more users when its operations returned to normal. Based on tracker data reports, Kakao’s chat app lost a total of two million users before it starts gaining users again this week.
“Telegram has become one of the most downloaded apps in South Korea,” an official of Telegram said via social media as they recorded new sign-ups. “We welcome our new Korean users and hope they will enjoy the stability of Telegram’s multiple data center infrastructure.”
The Korea Herald reported that losing its users to leading competitors was disappointing but as it gains users again, KakaoTalk is making sure that its service will be stable. It has also vowed that the incident will never happen again.
Kakao already started implementing measures to avoid a similar incident. It is working on improving its system and setting up a unit that will manage unexpected events.
