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AP

Samsung Electronics vice chairman Jay Y. Lee was found guilty of bribery, embezzlement and perjury by a South Korean Court, slapping him with a five year prison sentence, according to local news reports. Lee is expected to appeal the verdict.

South Korea's special prosecutor's office accused Lee of bribing a friend of former President Park Geun-hye in exchange for government favors, allegedly including approval of a 2015 merger between Samsung C&T and Cheil Industries. That deal consolidated the Lee family's power over Samsung Electronics, according to CNBC.

Why it matters: The jail sentence won't have much impact on the global day-to-day operations of Samsung because Lee is not the face of the flagship brand, but it creates some uncertainty about long-term management. The case renews criticism about the close relationship between South Korea's large, family-run conglomerates (called chaebols) and the country's government.

Go deeper

Updated 56 mins ago - Politics & Policy

Senate pulls all-nighter on amendments to COVID relief package

Photo: Alex Wong/Getty Images

Democratic leaders struck an agreement with Sen. Joe Manchin (D-W.V.) on emergency unemployment insurance late Friday, clearing the way for Senate action on President Biden's $1.9 trillion stimulus package to resume after an hours-long delay.

The state of play: The Senate continued to work through votes on a marathon of amendments overnight into Saturday morning.

The elusive political power of Mexican Americans

Data: Pew Research Center, U.S. Census Bureau; Chart: Michelle McGhee/Axios

Mexican Americans make up the nation's largest Latino group, yet they remain politically outshined by more recently arrived Cuban Americans.

Why it matters: The disparities in political power between Mexican Americans and Cuban Americans reflect the racial, historical, geographical and economic differences within Latino cultures in the U.S.

America's media habits divide along political and racial lines

Black social media users were twice as likely as white users to say they used a hashtag to promote a social or political issue, a Pew survey found. Photo: Wolfram Kastl/picture alliance via Getty Images

Race and identity play into the media platforms people use to advocate their politics, data show. 

Why it matters: People of color and Democrats are more likely to take to social platforms like Twitter to advocate for a cause, and to say that seeing something on social media changed their views. Republicans are increasingly turning to partisan outlets on TV, print and audio.