Tag Archives: million

Southwest Airlines (LUV) reported a loss for the fourth quarter, as the company took an $800 million pretax hit to earnings due to the computer system failure that led to the airline’s holiday travel meltdown. For the quarter, Southwest reported: “Due to the operational disruptions in late December, which resulted in more than 16,700 flight cancellations, we incurred a fourth quarter pre-tax negative impact of approximately $800 million (or approximately $620 million on an after-tax basis),… Source link

Sundar Pichai announced 12,000 job cuts on Friday.Jerod Harris/Getty Images Alphabet CEO Sundar Pichai announced layoffs Friday affecting 12,000 positions at the Google owner. Some employees who earned as much as $1 million were also cut, The Information reported. Pichai told staff in a memo that he took “full responsibility for the decisions that led us here.” Some of the 12,000 staff whose roles were cut by Alphabet CEO Sundar Pichai on Friday included both high performers and workers making… Source link

Sundar Pichai announced 12,000 job cuts on Friday.Jerod Harris/Getty Images Alphabet CEO Sundar Pichai announced layoffs Friday affecting 12,000 positions at the Google owner. Some employees who earned as much as $1 million were also cut, The Information reported. Pichai told staff in a memo that he took “full responsibility for the decisions that led us here.” Some of the 12,000 staff whose roles were cut by Alphabet CEO Sundar Pichai on Friday included both high performers and workers making… Source link

(Bloomberg) — Alphabet Inc.’s Google failed to avert a 13 billion-rupee ($160 million) fine in an appeal to India’s Supreme Court in an antitrust case, which charged the company with abusing its dominant market position for its Android mobile operating system. Most Read from Bloomberg The country’s top court on Thursday rejected Google’s plea for interim relief and asked the companies’ appeals court to dispose off the matter by March 31. However, it gave Google another week to… Source link

The Internal Revenue Service issued 12 million tax refunds to Americans who paid too much in taxes on unemployment benefits they received in the first year of the pandemic. The agency corrected 14 million 2020 tax returns related to unemployment compensation, resulting in $14.8 billion in refunds that averaged $1,232 each. The IRS started correcting the returns in May 2021. The IRS undertook the tax probe because the American Rescue Plan, which excluded up to $10,200 in unemployment aid from… Source link

Google has turned to India’s Supreme Court as a “last hope” to block an order that has the potential to reshape the Android ecosystem. Last October, the Competition Commission of India (CCI) and barred the search giant from requiring OEMs to preinstall Google apps and services on their phones. On Wednesday, an appeals tribunal request to block the ruling, which is scheduled to go into effect on January 19th. According to court documents , Google filed a challenge against the… Source link

Google has turned to India’s Supreme Court as a “last hope” to block an order that has the potential to reshape the Android ecosystem. Last October, the Competition Commission of India (CCI) and barred the search giant from requiring OEMs to preinstall Google apps and services on their phones. On Wednesday, an appeals tribunal request to block the ruling, which is scheduled to go into effect on January 19th. According to court documents , Google filed a challenge against the… Source link

Google has turned to India’s Supreme Court as a “last hope” to block an order that has the potential to reshape the Android ecosystem. Last October, the Competition Commission of India (CCI) and barred the search giant from requiring OEMs to preinstall Google apps and services on their phones. On Wednesday, an appeals tribunal request to block the ruling, which is scheduled to go into effect on January 19th. According to court documents , Google filed a challenge against the… Source link

Google has turned to India’s Supreme Court as a “last hope” to block an order that has the potential to reshape the Android ecosystem. Last October, the Competition Commission of India (CCI) and barred the search giant from requiring OEMs to preinstall Google apps and services on their phones. On Wednesday, an appeals tribunal request to block the ruling, which is scheduled to go into effect on January 19th. According to court documents , Google filed a challenge against the… Source link

Google has agreed to pay $23 million to settle a California class-action lawsuit over search engine… Source link