Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation in a major legal ruling.
A Seoul appeals court cleared Samsung Electronics Chairman Jay Y. Lee of charges related to accounting fraud and stock manipulation. The case revolved around a 2015 merger, which prosecutors argued was intended to strengthen Lee’s control over the tech giant.
The ruling has underscored ongoing legal challenges for Lee, who is facing increasing scrutiny regarding his ability to lead Samsung Electronics—the world's leading memory chip and smartphone manufacturer, struggling with fierce competition and sluggish stock performance.
Following the decision, Lee’s lawyer commented, "It took a long time. We hope this ruling will allow defendants to focus on their work moving forward." Lee did not address reporters’ questions as he exited the courthouse.
It remains uncertain whether the prosecution will appeal the verdict to the Supreme Court.
South Korea's President Yoon Suk Yeol faces extended detention over martial law probe, with court citing concerns of evidence tampering. He remains uncooperative with investigators.
South Korea's impeached president Yoon Suk Yeol appeared in court to contest his detention extension on insurrection charges tied to his martial law declaration.
The Houthis, ruling northern Yemen, have claimed responsibility for the seventh drone attack on the US aircraft carrier USS Harry Truman since its arrival in the Red Sea. The group also warned it is monitoring developments in the Gaza Strip.
The Cour de Cassation, France's highest court, upheld the conviction of former President Nicolas Sarkozy for corruption and influence peddling.
Prime Minister Benjamin Netanyahu is continuing his testimony in court today as part of an ongoing trial involving serious allegations. At the heart of the case are claims of improper conduct tied to media coverage and regulatory decision.
Google is expected to face charges from the European Commission for breaching rules designed to rein in the power of Big Tech, according to sources with direct knowledge of the matter.
Hamas has begun releasing hostages from Gaza on Saturday in exchange for hundreds of Palestinian prisoners, as Israel confirmed that a body handed over earlier was that of hostage Shiri Bibas.
Peru - the roof of a food court collapsed, killing at least 3 people and injuring 74 others.
Kyrgyzstan and Tajikistan have reached a historic border agreement, potentially ending a century-long dispute. The deal, hailed as a breakthrough, covers delimitation, water, and infrastructure issues. If finalized, it could ease tensions and support political, economic, and social cooperation.
The U.S. and Ukraine are close to finalizing a deal granting the U.S. mineral rights in exchange for military aid, according to Wall Street Journal.
A tragic crowd crush at New Delhi Railway Station on Saturday night left 18 dead and 10 injured as thousands of people, many heading to the Kumbh Mela festival, attempted to board delayed trains. The incident highlights the ongoing risks of overcrowding at public transportation hubs in India.
A Delta Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday, injuring 18 people. Officials are investigating whether strong winds and snow played a role in the incident.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
A second meeting between representatives of Russia and the United States is planned for the next two weeks, the RIA state news agency reported on Saturday, citing Russian Deputy Foreign Minister Sergei Ryabkov.
Washington, D.C., February 21, 2025 – U.S. negotiators have reportedly raised the possibility of cutting Ukraine’s access to SpaceX’s Starlink satellite internet service unless Kyiv reaches an agreement to grant the United States greater access to its critical minerals.
Hamas has begun releasing hostages from Gaza on Saturday in exchange for hundreds of Palestinian prisoners, as Israel confirmed that a body handed over earlier was that of hostage Shiri Bibas.
Peru - the roof of a food court collapsed, killing at least 3 people and injuring 74 others.
Kyrgyzstan and Tajikistan have reached a historic border agreement, potentially ending a century-long dispute. The deal, hailed as a breakthrough, covers delimitation, water, and infrastructure issues. If finalized, it could ease tensions and support political, economic, and social cooperation.
Google is expected to face charges from the European Commission for breaching rules designed to rein in the power of Big Tech, according to sources with direct knowledge of the matter.
Hamas has begun releasing hostages from Gaza on Saturday in exchange for hundreds of Palestinian prisoners, as Israel confirmed that a body handed over earlier was that of hostage Shiri Bibas.
Peru - the roof of a food court collapsed, killing at least 3 people and injuring 74 others.
Kyrgyzstan and Tajikistan have reached a historic border agreement, potentially ending a century-long dispute. The deal, hailed as a breakthrough, covers delimitation, water, and infrastructure issues. If finalized, it could ease tensions and support political, economic, and social cooperation.
The U.S. and Ukraine are close to finalizing a deal granting the U.S. mineral rights in exchange for military aid, according to Wall Street Journal.
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