[The Chosun Ilbo, July 18 2008] Daum Suffers Declining Traffic, Gov't Scrutiny

Internet portal Daum is reeling these days. While it appeared to wield online public opinion on the anti-U.S. beef protests, recently it has seen fewer pageviews and the resignation of founder Lee Jae-woong and key executives. Moreover, the government is seeking to heighten Internet portals' social responsibilities while securities firms are dimming their formerly bright forecasts on the prospects of e-business.