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Samsung heir Lee Jae-yong released from prison on appeal

February 5, 2018 Alex 0

Samsung Electronics vice chairman Lee Jae-yong, also known as Jay Y. Lee in the West, has been released from prison after a successful appeal. Lee had been sentenced to five years after being found guilty of perjury, embezzlement, and bribery in a scandal that led to the removal of former South Korean President Park Geun-hye last year. In addition to receiving a suspended prison sentence today, Lee’s prison term was reduced to two and a half years, although he’s free to go with four years’ probation after being incarcerated for almost a year, according to Bloomberg.

Lee is the son of infamous Lee Kun-hee, the incapacitated chairman of the Samsung Group, and as such is presumed heir to the throne. However, due to a tradition of filial…

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In Australia, Amazon is still finding its way

February 5, 2018 Alex 0

SYDNEY (Reuters) – When Kiri Pomery ordered a red Santa Claus hat from Amazon.com Inc's new Australian operation, the estimated delivery time to her address in outback Western Australia seemed too good to be true.

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Nike ramps up membership benefits with Apple Music, ClassPass and Headspace unlocks for app users

February 5, 2018 Alex 0

The top line is that Nike is rolling out some membership related updates to its app for iPhone and Android today. The updates will come in the form of new unlocks with partnerships like ClassPass, Apple and Headspace. There will also be a bunch of new unlocks coming for exclusive shoes and clothing. NikePlus Unlocks, the official name for these cards that appear in the Nike+ app Members… Read More

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Stripe will establish an engineering hub in Dublin

February 5, 2018 Alex 0

Stripe will open its first engineering center outside the United States in Dublin, the company told Reuters today. Dublin isn’t a surprising choice. Though the online payment processing provider is based in San Francisco, its founders are Irish and Stripe’s European headquarters are already in the Irish capital, where it has about 100 employees. Reuters says Stripe will hire… Read More

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J.J. Abrams’ The Cloverfield Paradox is now available on Netflix

February 5, 2018 Alex 0

Two years ago producer J.J. Abrams surprised audiences when 10 Cloverfield Lane appeared seemingly out of nowhere. During Super Bowl LII today, the franchise upped the ante with a shocking revelation: the new entry in the series is called The Cloverfield Paradox, and would be coming to Netflix immediately after the game.

Directed by Julius Onah, the film was originally produced under the title God Particle, and focuses on a group of astronauts that deal with some strange and mysterious happenings in space. There had been long-running speculation that the movie would be part of the Cloverfield universe, but in true mystery box fashion the exact details of how it would fit into they mythology have remained under wraps. The movie was…

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