Society
Legal Affairs
First-instance verdicts for Kim Geon-hee and Park Seong-jae to be handed down this week… Hearings on JTBC’s reorganization proceedings also set to begin in earnest
This week, first-instance rulings are expected in the cases of First Lady Kim Geon-hee, who was indicted on allegations of “selling official positions” involving the so-called “golden turtle” and prec…
Education
"Surpassed Seoul National University": Samsung INICS Corporation Contract Program Cutoff Score… Just 1 Point Behind Regional Medical Schools
SamsungElectronics(005930)and SK hynix(000660)have posted their best-ever quarterly earnings, and it has been revealed that the admission cutoff scores for semiconductor contract programs at universit…
Social Affairs
Behind the Spread of 'Silent Protests' at Samsung Electronics Headquarters Over the '600 Million vs. 60 Million' Bonus Gap
Employees in Samsung Electronics’ Device Experience (DX) division, which handles finished products, have launched a collective action in protest of the extreme disparity in performance-based bonuses c…
Social Affairs
Person Who Distributed Deepfake Videos of Girl Group aespa Sentenced to 2 Years and 6 Months in Prison
SM Entertainment (041510) announced on the 18th that Mr. A, who produced deepfake videos of Karina and Winter—members of the agency’s girl group aespa—and sold them for profit, has been sentenced to p…
Legal Affairs
Ananti CEO Acquitted Again on Appeal in 'False Disclosure' Case
Lee Man-kyu, CEO of #Ananti, who was indicted on charges of false accounting disclosures, was acquitted in the appellate court as well.
Ananti. (Photo courtesy of Ananti)
On the morning of the 1…
Local Government
“AI to Conduct Detailed Diagnosis of Local Government Assets”…Fiscal Mutual Aid Association and Samsung Fire & Marine Insurance Join Forces
The Korea Local Government Finance Mutual Aid Association (hereinafter referred to as the “Association”) is partnering with #Samsung Fire & Marine Insurance to establish a digital risk management syst…
Legal Affairs
Despite First In-Person Court Hearing in Over Two Years… Mediation on Property Division Between Choi Tae-won and Noh So-young Collapses
Mediation in the retrial of the divorce lawsuit between SK Group Chairman Choi Tae-won and Art Center Nabi Director Noh So-young has ultimately broken down. With the court declaring the mediation unsu…
Legal Affairs
Rise in Debt-Fueled Investments and Margin Trading Leads to Increase in Bankruptcy Filings… Unify Practical Guidelines to Shorten Ruling Periods
University student A, in his mid-20s, recently experienced so-called “FOMO” (fear of missing out) amid the current stock and cryptocurrency investment craze, feeling as though he was the only one left…
Legal Affairs
Choi Tae-won and Noh So-young to Hold Second Mediation This Week… First-Instance Verdict for Kim Yong-hyun on 'Leak of Military Secrets'
This week, the court will hold the second mediation hearing regarding the division of assets in the divorce lawsuit between SK Group Chairman Choi Tae-won and Noh So-young, director of the Art Center …
Legal Affairs
'Butler Gate': Cho Young-tak Acquitted in First Instance, Charges Dismissed… "Not Subject to Special Prosecutor's Investigation"
Cho Young-tak, CEO of IMS Mobility, who was accused of embezzling investment funds alongside Kim Ye-seong—known as the so-called “butler” to First Lady Kim Keon-hee’s family—was acquitted in his first…