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Samsung chairman cleared of fraud by South Korea's top court

South Korea's top court has upheld an appeals court ruling to dismiss all charges in a long-running fraud case against Samsung chairman Jay Y. Lee. The accounting fraud and stock manipulation charges stemmed from a merger of two Samsung subsidiaries in 2015. Prosecutors had accused Lee of manipulating share prices to help clear the way for the merger in an attempt to consolidate his power.<br /> In 2024, a court ruled that the prosecutors failed to prove their claims. The case has worked through the appeals process since then. In a statement to Reuters, Samsung's lawyers said the latest ruling confirmed that the merger had been completed legally and added they were "sincerely grateful" to the Supreme Court.<br /> Back in 2017, Lee was sentenced to five years [...]

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Samsung leader cleared of fraud charges after winning appeal

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Apple's Find My has finally launched in South Korea

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South Korea pauses downloads of DeepSeek AI over privacy concerns

DeepSeek, the massively popular Chinese AI assistant, has been temporarily unavailable from app stores in South Korea since February 15. A press release from the country’s data protection authority [...]

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