- Reuters
SoftBank in talks with Naver over control of Line operator LY
SoftBank CEO Junichi Miyakawa said on Thursday that the Japanese telecommunications firm is in talks with South Korea's Naver over control of LY Corp, which operates the popular messaging app Line. Naver said last week that "very unusual" administrative guidance from the Japanese government over a data leak last year required it to reduce its control of LY Corp, which is majority owned by a joint venture between SoftBank and Naver. LY Corp admitted in November last year that there had been unauthorised access of its systems by a third party via Naver's cloud system.
- Fortune
The CEO leading ‘Korea’s Google’ in its battle against Big Tech
Choi Soo-yeon has led Naver through crisis and maintained its search-engine lead over Google. Now she’s aiming to outmaneuver the giants again in AI.
