Tag Archives: million

Bloomberg.com reports that the case is Ellis v. Google LLC, Google having to pay out $118 million settlement to over 15,000 female employees for gender discrimination. The settlement was reached immediately upon conclusion of the case and involves women across 236 job titles. Lieff Cabraser Heimann & Bernstein LLP, with Altshuler Berzon LLP, announced the deal on Friday. Third party experts and labor economists will examine Google’s hiring process, and the company’s pay equity… Source link

Google has agreed to pay $100 million to Illinois residents to settle a class-action lawsuit over one of its facial recognition features in Google Photos (via Gizmodo). The complaint alleges Google’s face grouping tool, which automatically identifies your face in photos and videos uploaded to Photos, violates Illinois’ Biometric Information Privacy Act (BIPA). Introduced in 2008, the BIPA bars companies from collecting and storing any sort of biometric data, including a “retina or… Source link

Millions of dollars are owed after Wednesday’s verdict, when jurors sided mostly with Johnny Depp against ex-wife Amber Heard. The judge reduced the $15 million awarded to Depp to $10.35 million (based on a Virginia state law that limits punitive damages), and Heard was awarded $2 million in damages in her defamation countersuit. Her attorney Elaine Bredehoft said on Today Thursday morning that Heard’s next step is to appeal the verdict — and confirmed that the actress can “absolutely not”… Source link

Saudi Arabia apparently made a very, very strong play to make Jack Nicklaus the face of the LIV Golf Invitational Series. According to a story published on the Fire Pit Collective on Monday, Nicklaus said he repeatedly turned down massive offers from the Saudi-backed golf venture to lead the LIV Golf series — something Hall of Famer Greg Norman eventually accepted. “I was offered something in excess of $100 million by the Saudis, to do the job probably similar to the one that Greg [Norman]… Source link

The 285 graduates of the Otis College of Art and Design in Los Angeles received an extra special graduation gift Sunday when Evan Spiegel, Snap CEO and co-founder, and his wife Miranda Kerr, founder of beauty brand KORA Organics, announced they will pay off all of the Class of 2022’s student loan debt through a donation to the school. While the amount of Spiegel and Kerr’s donation was not disclosed, the college said it’s the largest single gift it has ever received, surpassing the previous… Source link

Phil Mickelson’s love of gambling is one of his defining characteristics. Now, a new book is reporting just how much that love cost him between 2010 and 2014: $40 million. An excerpt of the book “Phil: The Rip-Roaring (and Unauthorized!) Biography of Golf’s Most Colorful Superstar,” due to be published May 17, breaks down in thorough, agonizing detail just how much money Mickelson lost over that period. Mickelson’s losses were recorded in documents compiled by government auditors doing a… Source link

Google employees work inside the company’s data center in Pryor.  (Courtesy photo, File) Google announced plans on Wednesday to expand a major data center in Pryor as part of an overall investment of more than $75 million in the state. The Mountain View, California-based company has committed about $4.4 billion in all to Pryor since announcing in 2011 that it would build the data center at the MidAmerica Industrial Park. Google also has created more than 800 jobs in the Mayes County… Source link

(Bloomberg) — Bill Ackman ditched his stake in Netflix Inc. after losing more than $430 million on his investment in less than three months. Most Read from Bloomberg Ackman’s Pershing Square Capital Management said Wednesday it had sold its Netflix holdings after the streaming TV pioneer reported an unexpected drop in subscribers in the first quarter and projected an even steeper decline in the current one. Netflix shares tumbled 35% to $226.19 at the close in New York, making it the worst… Source link

Altaba Inc., successor entity to the former Silicon Valley giant Yahoo Inc., must retain $800 million as it dissolves to cover the maximum damages it could face in connection with a Canadian data breach class action, a Delaware judge ruled. Vice Chancellor J. Travis Laster set the amount in a post-trial ruling for Delaware’s Chancery Court, citing Altaba’s agreement to split any data breach damages with Verizon Communications Inc., which later bought and resold the Yahoo business through… Source link

Google executives announced this week that they’ll invest $25 million in their company’s Montgomery County data center this year. Specific details on how the funding will be distributed were not available, but the announcement was part of a corporate-wide, $9.5 billion investment confirmed for 2022. Google has a $600 million data center in Corporate Business Park North off Guthrie Highway. “All I do know is that the $25 million relates to the current data center, but Google had no other… Source link