Fear of GAFA said to be behind Yahoo Japan-Line merger

Business / Corporate Nov 25, 2019

Fear of GAFA said to be behind Yahoo Japan-Line merger

A sense of crisis about the strength of Amazon.com, Apple and other information technology giants apparently hurried Line Corp. and Yahoo Japan parent Z Holdings Corp. into arranging their merger, which will create Japan's biggest internet services group. But it will not be easy for ...

SoftBank considering plan to merge Yahoo Japan with Line

Business / Tech Nov 14, 2019

SoftBank considering plan to merge Yahoo Japan with Line

SoftBank Group Corp. is considering a plan to consolidate its Yahoo Japan internet business with the messaging service Line Corp. Z Holdings Corp., a unit of SoftBank's telecom arm formerly known as Yahoo Japan, confirmed Thursday that it's in talks with Tokyo-based Line about a ...

SoftBank and Line enter talks to form a new tie-up

Business / Tech Nov 13, 2019

SoftBank and Line enter talks to form a new tie-up

SoftBank Group Corp. is looking to reach an agreement with Line Corp. on a comprehensive partnership or acquisition through its group firm that runs Yahoo Japan, it was learned on Wednesday. Softbank wants to strengthen its internet and smartphone related services by tapping into the ...

Japan crypto-exchange license approval nears for Line

Business / Corporate Jun 20, 2019

Japan crypto-exchange license approval nears for Line

Line Corp., the nation's largest messaging app, is close to obtaining a license to launch a cryptocurrency exchange in Japan, according to people familiar with the matter. The Financial Services Agency could issue the license as early as this month, with exchange operations starting a ...