South Korean messaging app Kakao's Co-CEO resigns following outage

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South Korean messaging app Kakao's Co-CEO resigns following outage
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South Korea's most popular messaging app, used by about 90% of the country's population, is having a very bad week, and one of its CEOs just resigned

Following the outage, questions have been raised about the public reliance of the app.

"If the market is distorted in a monopoly or severe oligopoly, to the extent where it serves a similar function as national infrastructure, the government should take necessary measures for the sake of the people," Yoon said, perYoon also ordered an investigation into the causes behind the incident, stating that the services were"like a fundamental national telecommunications network as far as the public is concerned," per Reuters.

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