Line-Yahoo merger creates monster app for Japan

Japan’s most important businessman, SoftBank’s Masayoshi Son, made his bones in recent years venturing overseas to diversify away from an aging, shrinking home market. Now, the venture-capital giant is going the other way, merging SoftBank’s internet subsidiary Yahoo Japan, of which Son owns more than 48%, with messaging app Line Corp, owned by South Korean portal operator Naver. A […]