SK Group Chairman Chey Tae-won on Monday is said to be challenging the court's property division in his ongoing suit with his former wife, which set the wife's share at 33 percent of their shared property subject to division. The SK chairman raised the issue in a document submitted to the Supreme Court earlier in the day, as part of his appeal filed in August against the Seoul High Court's decision ordering him to pay 944 billion won ($707.8 million) in property division to his former wife Roh Soh-yeong, the daughter of late former President Roh Tae-woo. The appellate court issued the ruling in its second trial after the Supreme Court sent its previous ruling back for retrial a year earlier, determining that the former president's alleged 30 billion-won slush fund given to SK Group should not be recognized as the daughter's contribution to the marriage because it would have been illegal funds, even if it existed. In the document Chey's side submitted to the Supreme Court as part of his appeal, the SK Group chairman reportedly disputed the legality of the appellate court's latest decisio
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GOP Rep. Tim Burchett (Tenn.) called on his party's congressional leadership — House Speaker Mike Johnson (La.) and Senate Majority Leader John Thune (S.D.) to "step up to the daggum plate" Saturday morning, urging the pair to pass legislation funding air travel infrastructure updates in light of Friday's nationwide ground stop. “We know that it...
MANILA, Philippines – The recent controversy surrounding the Pokemon TCG community has renewed conversation on safe spaces. You’re walking around an event, happy to see your hobby out in full display. With how frequently hobby gatherings and events have been happening, it’s no surprise that these interests would eventually be monetized one way or another.
Microsoft confirmed its services are fully restored as of Saturday after the tech company faced a massive global outage impacting its platforms earlier in the week. “We have completed our efforts to address the underlying issue of the incident and restored service to the remaining impacted customers and regions,” the company wrote in a post...
Italy announced Saturday it is handing Meta an $887 million fine for using photos and videos from Android users’ Facebook galleries without specific consent. Investigators found Facebook had enabled a “get suggestions from gallery when browsing” feature by default and requested access to users' personal photo library through a single permission notice, according to a...
Democratic Sen. Richard Blumenthal (Conn.) called on Howard Lutnick, President Trump’s Commerce secretary, to step down over reports the cabinet member shielded Nvidia from federal oversight — accusations which emerged after the tech giant's CEO resigned this week. Jensen Huang stepped down from Nvidia's chief role Thursday after claims came to light of his reported...
MANILA, Philippines – At the ASEAN Business & Investment Summit held today at the Solaire Resort Grand Ballroom, H.E. DTI Secretary Cristina Roque announced that the ASEAN Digital Economy Framework Agreement (DEFA) had just been signed and will be presented to the President tomorrow. What is DEFA? This agreement has lasting implications for the digital
An internet trade group, representing 30 members including Google, YouTube, Facebook and Instagram, has sued the state of New York challenging its law that requires social media platforms to provide state-approved warning labels for users. NetChoice's complaint said the state law violates the free-speech protections or First Amendment rights, Reuters reported. The law, that was signed...
SpaceX CEO Elon Musk wrote on Saturday that Nvidia will lose “critical deals” after CEO Jensen Huang’s exit from the company following reports of his extramarital affairs, including one with an alleged Chinese spy. “Jensen drove supply chain brilliantly at Nvidia, but many of those deals were a handshake with Jensen, not a written contract,”...
MANILA, Philippines – Microsoft apologized for the global Outlook outage, citing that a technical issue was the cause and that the issue has been resolved. “We are deeply sorry for the disruption this incident has caused our customers and partners,” began the statement. “This was a technical issue not related to cyber or AI /
While global markets focus on the geopolitical and business implications of Jensen Huang’s resignation from Nvidia, another fierce debate is raging among Asian-Americans: whether race played a role in the downfall of one of corporate America’s most recognisable Asian faces. At the heart of the unease is the lack of public evidence for the most explosive allegation against Huang: that he had a romantic relationship with a Chinese businesswoman reportedly engaging in espionage for Beijing. The New...