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Samsung Boss, Lee Jae-Young, Cleared of Fraud by South Korea’s Top Court

July 17, 2025 by Issac Matthew Chapman

South Korea’s highest court has cleared Lee Jae-young, the executive chairman of Samsung Electronics, of the alleged fraud accusation over a merger deal in 2015. Lee Jae-young, the company head since 2014, had been accused of misusing stock and accounting fraud to control the firm. In the final verdict announced by the Seoul Supreme Court, … Read more

Meta to Spend Hundreds of Billions to Build AI Data Centers

July 16, 2025 by Issac Matthew Chapman

With OpenAI and Google at one end of the AI technology stack, Meta is now on board to build an artificial superintelligence. Zuckerberg announced on Monday, July 14, 2025, that Meta will invest hundreds of billions of dollars in building huge AI data centres. The investment will come from Meta’s $100 billion-a-year advertising business across … Read more