Seoul vows action over Naver's Line, Yahoo dispute


Pedestrians were seen walking in front of Tokyo Garden Terrace Kioicho, with a prominent sign for "Line Yahoo" in the background. The South Korean President's office has pledged to take decisive action to address cybersecurity concerns related to Naver, the internet giant that has joint control over the Japanese firm operating the Line messenger app and Yahoo web portal. The office emphasized that the protection of South Korean citizens and companies is a top priority and assured that all necessary steps would be taken, while also expressing willingness to offer support to strengthen cybersecurity measures for Line Yahoo. The Japanese government has issued administrative orders to improve LY's cybersecurity, prompting Naver to consider various options, including divesting its stake to SoftBank. The presidential office did not directly address Japan's order but indicated a focus on assisting with cybersecurity measures for Line Yahoo, while hinting that support may not extend to Naver's capital structure changes. Additionally, a lawmaker-elect accused Japan of attempting to take control of Line from Naver, prompting the presidential office to seek bipartisan support and discourage actions that could harm national interests.


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