Samsung heiress ordered to pay $7.6 million in divorce ruling

FILE PHOTO: Lee Boo-Jin (C), President and chief executive of Hotel Shilla, looks on after the opening ceremony of Shilla IPark Duty Free shop in Seoul, South Korea, March 25, 2016. (REUTERS)
Updated 20 July 2017
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Samsung heiress ordered to pay $7.6 million in divorce ruling

SEOUL: A Seoul court on Thursday ordered Samsung Group heiress Lee Boo-jin to provide assets of 8.6 billion won ($7.64 million) to her estranged husband in a divorce from the ex-employee of a Samsung affiliate.
Lee, the 46-year-old chief executive of Hotel Shilla and daughter of ailing Samsung Group patriarch Lee Kun-hee, received sole custody of their son in the ruling, a spokeswoman for the Seoul family court told Reuters.
If appealed within two weeks, however, the ruling is not final, the spokeswoman added.
Im Woo-jae, 48, was dubbed “Mr. Cinderella” by media for his humble background before marrying Lee in 1999. But in late 2014, she filed for divorce and custody of their child.
Im, who filed his own suit seeking 1.2 trillion won ($1.1 billion) from Lee through a division of assets, plans to appeal against Thursday’s ruling, South Korea’s Yonhap News Agency said, citing one of his lawyers.
Reuters could not immediately reach Im’s lawyers, or a representative of Lee, to seek comment.
An employee of a security service affiliate of Samsung Group who did not belong to the political or business elite, Im was seen as an unusual match for a member of a family controlling South Korea’s most powerful business conglomerate.
South Korean media have said the couple, who met at a volunteering event, had to overcome opposition from both families in order to marry.
Im took an MBA from the Massachusetts Institute of Technology after marrying Lee and rose quickly through the ranks at Samsung, becoming an executive vice president at Samsung Electro-Mechanics.
Forbes estimates Lee’s net worth at $2 billion, chiefly from the market value of her stake of 5.5 percent in Samsung’s de-facto holding company, Samsung C&T Corp.
Samsung Electronics vice chairman Jay Y. Lee has been effectively running the conglomerate after the elder Lee was incapacitated in a 2014 heart attack. Jay Y. Lee is now in jail during a trial on bribery charges he has denied. ($1=1,125.6900 won)


Apple to update EU browser options, make more apps deletable

Updated 22 August 2024
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Apple to update EU browser options, make more apps deletable

  • iPhone maker came under pressure from regulators to make changes after the EU’s sweeping Digital Markets Act took effect on March 7
  • Apple users will be able to select a default browser directly from the choice screen after going through a mandatory list of options

STOCKHOLM: Apple will change how users choose browser options in the European Union, add a dedicated section for changing default apps, and make more apps deletable, the company said on Thursday.
The iPhone maker came under pressure from regulators to make changes after the EU’s sweeping Digital Markets Act took effect on March 7, forcing big tech companies to offer mobile users the ability to select from a list of available web browsers on a “choice screen.”
The new rules require mobile software makers to show the choice screen where users can select a browser, search engine and virtual assistant as they set up their phones, which earlier came with preferred options from Apple and Google.
In an update later this year, Apple users will be able to select a default browser directly from the choice screen after going through a mandatory list of options.
A randomly ordered list of 12 browsers per EU country will be shown to the user with short descriptions, and the chosen one will be automatically downloaded, Apple said. The choice screen will also be available on iPads through an update later this year.
Apple released a previous update in response to the new rules in March, but browser companies criticized the design of its choice screen, and the Commission opened an investigation on March 25 saying it suspected that the measures fell short of effective compliance.
The company said it has been in dialogue with the European Commission and believes the new changes will address regulators’ concerns.
It also plans to introduce a dedicated area for default apps where a user will be able to set defaults for messaging, phone calls, spam filters, password managers and keyboards.
Users will also be able to delete certain Apple-made apps such as App Store, Messages, Camera, Photos and Safari. Only Settings and Phone apps would not be deletable.