Japanese pressure

- Japan's SoftBank has been pressuring South Korea's Naver regarding their capital ties with Line messenger - South Korea's Second Vice Science Minister expressed regret over the perceived undue pressure from Japan - Naver is considering various outcomes for their investment in LY Corp., including the possibility of parting with their shares - LY Corp. announced security fortification initiatives following a data breach linked to a cyberattack on Naver Cloud Corp. - LY's president announced the termination of service and business outsourcing to Naver, as well as a pivotal South Korean figure stepping down from the board - The Japanese government's actions have been criticized in South Korea, seen as attempting to limit foreign influence over Line messenger, a widely used app in Japan and other Asian countries.