Tag Archives: million

Patrick Reed filed a lawsuit against the Golf Channel and commentator Brandel Chamblee on Tuesday, claiming that the two “conspired” with the PGA Tour to defame him. Reed, who filed his suit in U.S. District Court on Tuesday, is seeking more than $750 million in damages. He is being represented by Larry Klayman, a controversial former prosecutor who has filed a number of notable failed lawsuits in the past. Reed won nine times on the PGA Tour in his career, including at The Masters in… Source link

MIAMI, Aug. 14, 2022 /PRNewswire/ — Innovative Eyewear, Inc. (“Innovative Eyewear” or the “Company”) (NASDAQ: LUCY; LUCYW), a developer and retailer of cutting-edge eyeglasses and sunglasses designed to allow the users to remain connected to their digital lives, today announced the pricing of its initial public offering of 980,000 units consisting of 980,000 shares of its common stock and two accompanying Warrants to purchase up to 1,960,000 shares of common stock. Each share of common… Source link

Letters spell the word “Alphabet” as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. REUTERS/Pascal Rossignol/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 12 (Reuters) – Australia’s competition watchdog said on Friday that Alphabet Inc’s (GOOGL.O) Google unit was ordered by the country’s Federal Court to pay A$60 million ($42.7 million) in penalties for misleading users on… Source link

Justin Tucker is now (rightfully) the NFL’s highest-paid kicker. The Baltimore Ravens gave Tucker a four-year, $24 million extension, according to ESPN’s Adam Schefter. The team officially announced the deal as well without disclosing the contract terms. Tucker’s new contract also comes with $17.5 million in guaranteed money, which puts him, at worst, second in the NFL in career earnings for a kicker at $51.07 million — behind Sebastian Janikowski’s $53.28 million career earnings, per Source link

California Public Employees Retirement System lessened its stake in shares of Yandex (NASDAQ:YNDX – Get Rating) by 2.9% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 608,396 shares of the information services provider’s stock after selling 18,352 shares during the quarter. California Public Employees Retirement System owned about 0.17% of Yandex worth $11,523,000 as of its most recent SEC filing. Other… Source link

Payments company Block (SQ) announced second quarter results Thursday that showed bitcoin revenue from its Cash App product fell 34% to $1.79 billion, with the company taking a $36 million charge on its bitcoin investments. Gross profit in the quarter totaled $1.47 billion against Wall Street expectations for $1.46 billion, while adjusted earnings per share of $0.18 topped estimates for $0.16. Excluding bitcoin, total net revenue in the second quarter was $2.62 billion, up 34% year over… Source link

PayPal has only known a growth, growth, growth mindset under long-time CEO Dan Schulman. That mindset officially ended as of August 2 as PayPal switches tactics to appease activist investor Elliott Management, which has disclosed a $2 billion stake in the payments giant. Late Tuesday, the company outlined $900 million in cost cuts — mostly through layoffs, real estate consolidation, and project cutbacks. PayPal also uncorked a new $15 billion stock buyback plan. Investors cheered the about… Source link

MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy. Phong Le, the company’s president, will take over in the CEO role. MicroStrategy reported quarterly results that were light of Wall Street estimates on Tuesday, with revenue coming at $122.1 million against expectations for $126 million. Losses in the quarter totaled $918.1 million, with $917.8 million… Source link

James Howells was doing some housecleaning in 2013 when he mistakenly threw out a hard drive that contained 8,000 Bitcoin he had mined. At the time, it was a mistake that cost him anywhere from $108,000 to $8.6 million depending on when he tossed the drive (2013 was a particularly volatile year for Bitcoin). That’s enough to make anyone kick themselves. Bitcoin, though, has only gotten more expensive, meaning Howells’ losses have continued to grow. Even with the recent crypto winter, they… Source link

After all the offseason turbulence, social media scrubbing and trade rumors, the San Francisco 49ers finally locked down wide receiver Deebo Samuel. It’s a three-year, $73.5 million deal with $58.1 million million guaranteed for Samuel, according to NFL Network’s Ian Rapoport. The move is a long-time coming for Samuel and the 49ers after months of speculation. Samuel originally deleted all traces of the 49ers from his Instagram account and requested a trade from San Francisco earlier this… Source link