Former VC Head Sina Zhang Named as New CEO of Kakao During Ongoing Crisis

South Korean internet giant Kakao – Under investigation for multiple antitrust and securities violations – appointed A new CEO is trying to right the ship. Shina Chung, who ran the company’s venture division, will be moved to the company’s top position.

According to the company, Mr. Chung will officially assume the position after the next board of directors meeting and general meeting of shareholders in March next year. She will be Kakao’s first female CEO, and her appointment is intended to signal that the company is now in emergency reform mode.

In a statement, Chung said the company will “manage the company proactively and responsibly” to meet society’s expectations and standards. “Kakao doesn’t have much time, so we don’t want to miss this opportunity for change.”

Kakao founder Kim Bum-soo hinted at a new leader at Kakao during an internal meeting on Monday, saying, “Kakao has reached a point where we must experiment with fundamental change. Establishing new leadership to guide Kakao.” I will do it.”

이미지 정신아 카카오 신임 단독대표 내정자 02 1

Image credits: Kakao CEO candidate Shina Chong

Kakao, which operates the hugely popular super app of the same name, leads the country in services such as messaging and on-demand transportation services like Uber. But that top position came at a price.

In October, Kakao’s chief investment officer (CIO) Jaehyun Bae was appointed. arrested After Kakao, accused of stock price manipulation obtained Belonged to K-Pop agency SM Entertainment in August. If Kakao’s CIO and other executives are convicted, Kakao The country’s financial regulator could force it to sell at least 10% of its stake in online banking arm Kakao Bank. South Korea’s current internet banking law requires that non-financial companies must not have violated financial laws, fair trade laws, or tax evasion laws in the past five years in order to hold more than 10% of the voting rights of a mobile-only bank. It has established. Like Kakao Bank.

Separately, just last month, South Korean President Yun Seok-Yeol Kakao’s taxi dispatch division, exclusive action of Kakao Mobility. The company’s claim is that The app’s algorithm was manipulated so that taxis were given priority to Kakao franchise taxi drivers who were registered as paid Kakao members, over non-Kakao taxi drivers.

Korean antitrust regulators have already In February, Kakao Mobility was fined approximately $20.3 million for improper service.. cacao mobility is As of September, it accounts for approximately 74% of the domestic ride-hailing market., is separately trying to lower the temperature of this controversy.it was announced today Taxi driver fees will be reduced from 5% to 2.8%. We plan to revise our membership system next year.

Founded in 1995 on South Korea’s Jeju Island, Kakao (officially started as an internet search engine known as Daum) is now South Korea’s super app, with KakaoTalk being the country’s most popular messaging app. , offers online taxi hailing service Kakao Mobility. banking platform Kakao Bank, music streaming app Melon, and webtoon platforms Tapas Media and Radish. The company has been actively pursuing M&A deals in South Korea over the past few years and also has global ambitions. Kakao has more than 140 subsidiary companies as of October.

Chung, who worked at Boston Consulting Group, eBay Asia and Naver before joining Kakao Ventures in 2014 to invest in local startups, will be given the job she deserves. .

Source: techcrunch.com

The Surprising Role of NASA in Tackling the Climate Crisis

Flaring, the deliberate burning of excess natural gas into the atmosphere, is one way methane is released from oil and gas facilities. His EMIT mission for NASA, over more than a year of operation, demonstrated its proficiency in discovering methane and other greenhouse gas emissions from space.

Since its launch 16 months ago, the EMIT imaging spectrometer has international space station demonstrated the ability to detect more than just surface minerals. More than a year after first detecting a methane plume from its perch on the International Space Station (ISS), data from NASA’s EMIT instrument is now being used to analyze greenhouse gas emissions with a level of proficiency that surprised even its designers. used to identify source emissions.

EMIT‘s mission and capabilities

EMIT, which stands for Earth Surface Mineral Dust Source Investigation, was launched in July 2022 to map 10 major minerals on the surface of the world’s arid regions. Mineral-related observations are already available. researcher and the general public to better understand how dust in the atmosphere affects the climate.

Methane detection was not part of EMIT‘s primary mission, but the instrument’s designers expected the imaging spectrometer to have that capability. More than 750 sources of emissions have been identified since August 2022, some of which are small, located in remote areas, and persistent over long periods of time, according to a new study published in the journal However, this device is said to have achieved more than sufficient results in that respect. scientific progress.

EMIT identified a cluster of 12 methane plumes within a 150 square mile (400 square kilometer) area in southern Uzbekistan on September 1, 2022. The instrument captured this cluster, which the researchers call a “scene,” in a single shot.

Credit: NASA/JPL-California Institute of Technology

Methane emissions and climate change

“We were a little cautious at first about what this device could do,” said Andrew Thorpe, a research engineer on the EMIT science team. NASAis a researcher at the Jet Propulsion Laboratory in Southern California and the paper’s lead author. “It exceeded our expectations.”

Knowing where methane emissions are coming from gives operators of landfills, agricultural sites, oil and gas facilities, and other methane-producing facilities the opportunity to address methane emissions. Tracking human methane emissions is key to limiting climate change because it provides a relatively low-cost and rapid approach to reducing greenhouse gases. Methane remains in the atmosphere for about 10 years, during which time it traps heat up to 80 times more strongly than carbon dioxide, which remains for centuries.

When strong winds kick up mineral rock dust(such as calcite or chlorite) on one continent, the airborne particles can travel thousands of miles and impact an entirely different continent. Airborne dust can heat or cool the atmosphere and the ground. This heating or cooling effect is the focus of NASA’s Earth Surface Mineral Dust Source Investigation (EMIT) mission.

Credit: NASA/JPL-California Institute of Technology

amazing results

EMIT has proven effective in detecting both large-scale sources (tens of thousands of pounds of methane per hour) and surprisingly small sources (hundreds of pounds of methane per hour). It has been. This is important because it will allow us to identify more “superemitters,” or sources that produce a disproportionate share of total emissions.

A new study documents how EMIT was able to observe 60% to 85% of the methane plumes typically seen during airborne operations, based on the first 30 days of greenhouse gas detections.

On September 3, 2022, EMIT detected a methane plume emitting approximately 979 pounds (444 kilograms) per hour in a remote corner of southeastern Libya. This is one of the smallest sources ever detected by this instrument.

Credit: NASA/JPL-California Institute of Technology

Comparison with airborne detection

From thousands of feet above the ground, an aircraft’s methane detection equipment is more sensitive, but researchers need advance notice that they will detect methane before the aircraft can be dispatched. Many areas are not explored because they are considered too remote, too dangerous, or too expensive. Furthermore, actual campaigns cover a relatively limited area over a short period of time.

EMIT, on the other hand, will collect data from a space station at an altitude of about 400 kilometers, covering a wide area of ​​the Earth, especially the arid region between 51.6 degrees north and 51.6 degrees south latitude. The imaging spectrometer produces a 50-mile-by-50-mile (80-kilometer-by-80-kilometer) image of the Earth’s surface (researchers call it a “scene”), including many areas that could not be reached with airborne instruments. capture.

“The number and size of methane plumes that EMIT has measured around our planet is astonishing,” said Robert O. Green. JPL Senior Researcher and Principal Investigator at EMIT.

NASA EMIT

We created this time-lapse video showing the International Space Station’s Canadarm2 robotic arm moving NASA’s EMIT mission outside the station. The Dragon spacecraft was launched…

Posted by NASA EMIT on Wednesday, October 26, 2022

Detection by scene

To help identify sources, the EMIT science team created maps of methane plumes and identified them as Websitethe underlying data are available at the NASA and U.S. Geological Survey Joint Land Processes Distributed Active Archive Center (LPDAAC). Data from this mission will be available to the public, scientists, and organizations.

EMIT began collecting observations in August 2022 and has since recorded more than 50,000 scenes. The instrument discovered clusters of emission sources in little-studied areas. Southern Uzbekistan On September 1, 2022, we detected 12 methane plumes totaling approximately 49,734 pounds (22,559 kilograms) per hour.

Additionally, the instrument detected a much smaller plume than expected.captured in a secluded corner Southeastern Libya On September 3, 2022, one of the smallest sources to date was emitting 979 pounds (444 kilograms) per hour, based on local wind speed estimates.

Reference: “Attribution of Individual Methane and Carbon Dioxide Sources Using EMIT Observations from Space” Andrew K. Thorpe, Robert O. Green, David R. Thompson, Philip G. Brodrick, John W. Chapman, Clayton D. Elder, Itziar, Iraklis-Leuchert, Daniel H. Cusworth, Alana K. Ayasse, Riley M. Duren, Christian Frankenberg, Louis Gunter, John R. Warden, Philip.・E. Dennison, Dar A. Roberts, K. Dana Chadwick, Michael L. Eastwood, Jay E. Farren and Charles E. Miller, November 17, 2023, scientific progress.

DOI: 10.1126/sciadv.adh2391

EMIT mission details

EMIT was selected from the Earth Venture Instrument-4 public offering by NASA’s Science Mission Directorate’s Earth Sciences Division and was developed at NASA’s Jet Propulsion Laboratory, managed for NASA by the California Institute of Technology in Pasadena, California. Data from this instrument is publicly available for use by other researchers and the public at the NASA Land Processes Distributed Active Archive Center.

Source: scitechdaily.com