Korea is in close consultations with Naver after media reports that Japan effectively pressured the Korean tech giant to sell its stake in its popular mobile messenger app, officials said Tuesday.
Two blockchain platforms, each backed by IT giants Kakao and Naver, have unveiled the new brand identity of the new platform after their merger. Branded as Kaia, the unified blockchain ecosystem, will be launched by the end of June, according to the platforms.
Korea s science ministry has said it is closely monitoring the Japanese government s actions to ask Japan s LY, the operator of the popular chat app Line and internet portal Yahoo Japan, to review its relationship with Korean tech giant Naver.
The prospect of a diplomatic feud between Korea and Japan is looming large as Tokyo began trying to exclude Naver from its joint management with SoftBank of Line mobile messenger app, according to industry and government officials, Sunday.