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Sowei 2025-01-12
South Korean firm has announced that its digital certificate service has surpassed 15 million users. A piece in Business Korea notes that the has exceeded that number in the one year and ten months since its launch. The KakaoBank Certificate is a service that enables access to financial transactions, authentication and electronic signatures through the KakaoBank mobile app. The certificate also serves as an instrument for logins across accounts. Per the release, it is currently accepted by public institutions such as the National Tax Service’s Hometax for year-end tax settlement, Government24, and the National Pension Service, as well as private services such as the Megabox cinema chain, the Gmarket and Zigzag shopping services, and Melon, a music streaming platform. A statement from KakaoBank says the firm “will continue to expand partnerships with various public and lifestyle services to enhance customer convenience.” KakaoBank is one of many brands operating under the umbrella of ., a major South Korean tech firm headquartered in the unlikely city of Jeju-si, the capital of Jeju Island. Kakao’s reach touches everything from messaging and internet to AI and biometrics to healthcare and entertainment. Forbes calls it “one of the K-pop industry’s most prominent players.” According to Reuters, its combined assets are estimated to be worth (US$62 billion). A recent in Nikkei Asia says “life without Kakao is still unimaginable for many in South Korea” – but asks, can the “symbol of innovation regain its shine?” In July, its billionaire founder Kim Beom-su, briefly South Korea’s richest person, was arrested and indicted on charges of related to the company’s investment in a top K-pop agency. Kakao’s enterprise arm, Kakao Enterprise, launched in December 2019 as a spin-off of Kakao’s in-house independent company (CIC) AI Lab. In 2022, its Kakao-008 ’s high accuracy rates vaulted it to the top of the National Institute of Standards and Technology’s 1:1 Face Recognition Vendor Test (FRVT) for matching photos in the kiosk category, with top 5 results for mugshot photos, border and ‘visaborder’ photos. It has also done additional work in the space. | | | | |#fc188

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ALBUQUERQUE, N.M. (AP) — Jurors in New Mexico have awarded a man more than $412 million in a medical malpractice case that involved a men’s health clinic that operates in several states. The man’s attorneys celebrated Monday’s verdict, saying they are hopeful it will prevent other men from falling victim to a scheme that involved fraud and what they described as dangerous penile injections. They said the jury award for punitive and compensatory damages is likely the largest in history for a medical malpractice case. The award follows a trial held in Albuquerque earlier this month that centered on allegations outlined in a lawsuit filed by the man's attorneys in 2020. NuMale Medical Center and company officials were named as defendants. According to the complaint, the man was 66 when he visited the clinic in 2017 in search of treatment for fatigue and weight loss. The clinic is accused of misdiagnosing him and unnecessarily treating him with “invasive erectile dysfunction shots” that caused irreversible damage. “This out of state medical corporation set up a fraudulent scheme to make millions off of conning old men by scaring them with a fake test,” Nick Rowley, the man's attorney, wrote in a social media post that detailed the verdict. Rowley went on to say that the scheme involved clinic workers telling patients they would have irreversible damage if they didn't agree to injections three times a week. NuMale Medical Center President Brad Palubicki said in a statement issued Tuesday that the company is committed to high-quality and safe patient care. He said NuMale disagrees with the verdict and intend to pursue all available legal remedies, including an appeal. A message seeking additional comment was left Wednesday with the company and its attorney. NuMale also has clinics in Colorado, Florida, Illinois, Nevada, Nebraska, North Carolina and Wisconsin. According to court records, jurors found that fraudulent and negligent conduct by the defendants resulted in damages to the plaintiff. They also found that unconscionable conduct by the defendants violated the Unfair Practices Act.CANCUN, Mexico (AP) — Sam Hines Jr. scored 17 points as SE Louisiana beat North Dakota 76-60 on Wednesday. Hines also had five rebounds for the Lions (3-4). Brody Rowbury added 13 points while going 3 of 9 and 7 of 8 from the free-throw line while they also had eight rebounds. Jakevion Buckley shot 4 of 8 from the field and 4 of 6 from the free-throw line to finish with 12 points. The Fightin' Hawks (3-4) were led by Amar Kuljuhovic, who posted 14 points, seven rebounds and four assists. Treysen Eaglestaff added 13 points for North Dakota. Dariyus Woodson also recorded 11 points and two blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Asian Stocks to Waver as US Shrugs Off Tariffs: Markets Wrap

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