efe-epaBy Peter Landers and Takashi Mochizuki. Tokyo

Two of Japan's internet leaders – news and shopping site Yahoo Japan and chat app Line – are in talks over a combination that could expand SoftBank Group Corp.'s empire, the companies said Thursday.

If completed, the deal could give SoftBank and its acquisitive chief executive, Masayoshi Son, a bigger presence in internet advertising and payment apps in Japan. SoftBank effectively controls Yahoo Japan through subsidiaries, according to EFE/Dow Jones. EFE-EPA