Search Results for: Samsung

The Seoul Central District Court on Monday acquitted Samsung Executive Chairman Jay Y. Lee of stock manipulation and accounting fraud charges, according to local media outlet The Korea Herald. This eliminated the possibility of him being imprisoned. The decision focused on Lee’s involvement in a controversial merger of Samsung affiliates C&T and Cheil Industries in [...]

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President Yoon Suk Yeol Tuesday pardoned former president Lee Myung-bak, who had received a 17-year sentence, along with another 1,373 South Koreans convicted of corruption and related offenses. Yoon said the amnesties aim to “serve to unite our national strength.” Yonhap News Agency reported the wide-ranging special pardons to include a long list of high-profile [...]

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South Korea President Moon Jae-in Friday announced that former President Park Geun-hye would be granted a special pardon from a 20-year prison sentence for bribery and corruption-related charges. Park, 69, is among 3,094 persons to be granted the special amnesty. South Korea’s Ministry of Justice has stated that the pardon is aimed at promoting “national [...]

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Facebook has been in and out of the spotlight for over ten years. It has been a place to connect with old friends, share event photos, and even find a community through one of the millions of Facebook Groups. In order to provide such a service, the company collects, processes, and uses data from its [...]

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A jury in the US District Court for the Eastern District of Texas decided Friday that Apple Inc. must pay $308.5 million to Personalized Media Communications (PMC) for infringing upon a digital rights management patent. PMC is a patent-licensing company which currently has more than 100 issued patents and pending applications. The company only licenses [...]

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Consumer rights organization Euroconsumers announced Monday that it is coordinating a third class action lawsuit against Apple Inc. over the technology giant’s planned iPhone obsolescence. The lawsuit was filed in Italy and “seeks compensation of at least €60 on average for owners of iPhone 6, 6 Plus, 6S and 6S Plus.” Euroconsumers is taking action [...]

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The Competition Commission of India (CCI) argued before the Karnataka High Court Monday that Amazon is violating India’s Competition Act, a 2002 law that governs monopoly activity. The CCI alleges that Amazon struck deals with businesses to be the exclusive seller of goods, such as Apple and Samsung smartphones. Moreover, the CCI alleges that Amazon’s [...]

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