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#south korea
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South Korea’s expanded espionage law takes effect for foreign technology theftThe amended law applies espionage provisions to all foreign countries rather than only specific adversaries. It covers technologies including semiconductors, displays, batteries and artificial intelligence, with prison terms of at least three years for violations.→Kakao to split its chat and AI platform business into a new KakaoAI companyKakao said it will spin out the KakaoTalk-centred platform business into a new company tentatively named KakaoAI, while KakaoX retains investment operations. Reuters reports that KakaoAI will cover AI, advertising, commerce and KakaoTalk, with a planned January 2027 relisting and a 2030 revenue target of at least 6 trillion won.→