Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Samsung heir Lee Jae Yong is currently in jail, and yet he has another case coming after it was revealed he is being investigated for drug use too. The former company vice president is allegedly using the banned drug in South Korea, which is propofol.
Lee Jae Yong’s criminal activities that landed him in jail
Lee’s trials over his cases concerning his leadership succession in Samsung are still on-going. He was imprisoned in January after being found guilty of bribery and embezzlement and concealment of funds that were illegally acquired, amounting to KRW8.6 billion or $7.8 million, as per BBC News.
The Samsung heir apparent is now serving his 2 1/2-year prison sentence for bribing former president Park Geun Hye who is also in jail. A bribe was offered to win the government’s favor for a smooth transfer of power at Samsung - from his late father Lee Kun Hee to himself.
Based on the judge’s decision, Lee was found guilty because " he actively provided bribes and implicitly asked the president to use her power to help his smooth succession" as Samsung chief.
"It is very unfortunate that Samsung, the country's top company and proud global innovator, is repeatedly involved in crimes whenever there is a change in political power," part of Lee’s verdict reads.
Facing new legal trouble
While Lee still has a lot of legal cases to deal with, another serious accusation has surfaced. He is being charged for the supposed use of propofol. The authorities launched an investigation as he was said to have taken several illegal shots of the drug.
The Gyeonggi Nambu Police is checking out a claim that the Samsung VP used the anesthetic drug at a plastic surgery clinic in Seoul last year. The authorities stated that since this is an ongoing probe, they cannot reveal any details.
It was learned that Lee’s hair sample was taken by the police last month while he was detained in Seoul. This is for drug-testing, and it is not clear if the result was already released or not.
Yonhap News Agency reported that Samsung denied that Lee illegally took propofol by saying that he only used it for medical purposes. Meanwhile, Propofol is a highly regulated drug in South Korea, and in fact, the country's Food and Drug Safety agency released a policy to prevent abuse and misuse.
