Tag Archives: million

EdTech company gets $105 million investment from SoftBank

Class Technologies creates learning tools directly for Zoom (ZM) and is ramping up its business after a $105 million investment from SoftBank.  CEO Michael Chasen tells Yahoo Finance that Zoom is a great platform, but that it didn’t necessarily have the virtual tools teachers and younger students needed for learning at home. “So, whereas in higher ed, online learning is a little bit more established than in K-12. This really, I think, gave them the push. They needed to start exploring online… Source link

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A Petition Nearing 3 Million Signatures Calls for $2,000 Monthly Stimulus Checks for Every American

BackyardProduction / Getty Images/iStockphoto So far, about 2.8 million Americans have signed a petition calling for $2,000 monthly stimulus checks for every American. This petition was started by Stephanie Bonin, a Colorado restaurant owner, and was first posted on Change.org last year, reports Business Insider. See: Fourth Stimulus Checks Are Coming From These States — Is Yours on the List?Stimulus Update: States Give Out Thousands of Bonus $1,000 Checks – Will You Get One? Since gaining… Source link

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How users can apply for a chunk of $85 million

Video conferencing company Zoom’s (ZM) recently announced $85 million settlement of a privacy class action is a “groundbreaking” and unique settlement that covers both paying customers and those who used free accounts, a lawyer for the plaintiffs told Yahoo Finance. In reaching the settlement, now pending a judge’s approval, Zoom, despite denying wrongdoing, agreed to both compensate its users and adopt new user privacy measures after it came under fire last year for so-called “ Source link

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David Friedberg’s Alphabet-backed Production Board raised $300 million

CEO of The Production Board David Friedberg walks to a morning session at the Allen & Company Sun Valley Conference on July 09, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images David Friedberg is known in Silicon Valley as an early Google executive who started farming insurance company Climate Corporation and sold it to Monsanto for $1 billion in 2013. More recently, Friedberg has gained the nickname Queen of Quinoa on the popular All-In podcast with investors Jason Calacanis, Chamath… Source link

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’30 million will have a bill coming due,’ Sen. Warren warns

Democratic lawmakers continue to pressure President Biden to extend the student loan pandemic payment pause and enact student loan forgiveness. “Tick tock, tick tock — over 30 million Americans will have a bill coming due in about two months,” said Senator Elizabeth Warren (D-MA) during a press conference. “The payment pause is running out on student loan debt payments. The size of these payments for many borrowers is the size of their rent, their car payments, groceries, child care —… Source link

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Google fined 500 million euros in France in news copyright row

The Google logo displayed on a smartphone with the front pages of several newspapers pictured in the background. Hakan Nural | Anadolu Agency via Getty Images Google was fined 500 million euros ($593 million) Tuesday by French competition regulators for failing to comply with an order to negotiate fair deals with news publishers for the use of their content. France’s Competition Authority said Google had breached an April 2020 ruling that ordered the company to negotiate “in good faith”… Source link

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France hits Google with a $600 million fine

The regulator said in a statement on Tuesday that Google (GOOGL) had disregarded several injunctions related to the tech company’s negotiations with French news publishers. Google was fined €500 million ($592 million) over its failure to comply. If the search giant does not present compensation offers to publishers within the next two months, it faces additional penalties of up to €900,000 ($1.1 million) per day. “When the regulator imposes obligations for a company, it must comply… Source link

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France hits Google with a $600 million fine

The regulator said in a statement on Tuesday that Google (GOOGL) had disregarded several injunctions related to the tech company’s negotiations with French news publishers. Google was fined €500 million ($592 million) over its failure to comply. If the search giant does not present compensation offers to publishers within the next two months, it faces additional penalties of up to €900,000 ($1.1 million) per day. “When the regulator imposes obligations for a company, it must comply… Source link

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Google Fined $593 Million in France Over Treatment of News Publishers

PARIS—France’s Competition Authority fined Google $593 million for allegedly violating orders to negotiate paid deals with news publishers, raising pressure on the company in a global fight over how and whether tech companies should pay for news. The French regulator said that Google had violated its April 2020 orders that the Alphabet Inc. GOOG 0.76% company must negotiate with publishers for the right to show snippets of their content… Source link

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Virgin Galactic files for $500 million stock sale, shares tumble

(Reuters) -Virgin Galactic Holdings Inc on Monday filed to sell up to $500 million in common stock, a day after the company completed its first fully crewed test flight into space with billionaire founder Richard Branson on board.    Shares in Virgin Galactic reversed premarket gains of 8% to trade down nearly 12%, wiping off more than $1 billion from the company’s market capitalization following the share sale announcement.    The sale would account for up to 4% of Virgin Galactic’s… Source link

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