According to new reports by Reuters Penn State University incurred a cost of nearly $17 million in legal fees and other related expenses in the infamous child-sex abuse case involving former assistant football coach, Jerry Sandusky.
Only weeks after losing $1.05 billion in an infringement case with Apple Inc., Samsung Electronics Co. finds itself in another major controversy of violating China's labor laws. According to the New York labor rights group called China Labor Watch, the South Korean company is engaged in knowingly violating China's child labor laws. The company is also accused of mistreating its workers.
On Wednesday, Samsung Electronics Co. announced the advent of a new version of the popular Galaxy Note II, which has reached an unexpected popularity in the market. The South Korean company is revealing the 5.5 inch Note II at a Berlin IFA technology trade show.