Tag Archives: pay

What Happens If Amber Heard Can’t Pay $10.35 Million Damages to Johnny Depp

What Happens If Amber Heard Can’t Pay $10.35 Million Damages to Johnny Depp

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

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Google says it’s raising employee pay in performance review revamp

Google says it’s raising employee pay in performance review revamp

Sundar Pichai, Google CEO David Paul Morris | Bloomberg | Getty Images Google is overhauling its performance evaluation process, implementing changes that will result in increased salaries, as the company tries to ease tension between employees and leadership on the issue of compensation. Starting this week, Google is using a new process for performance reviews called GRAD, which stands for Google Reviews and Development. It’s part of an effort to streamline the evaluation process, limiting… Source link

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A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up

A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up

Michael Saylor is perhaps one of the most fervent supporters of Bitcoin on the planet—and that’s saying something, given the almost cultlike community behind the world’s leading cryptocurrency. Saylor, an MIT graduate and the cofounder and CEO of the business intelligence firm MicroStrategy, has become a hero to the Bitcoin faithful ever since his company began stockpiling the cryptocurrency in August 2020. The CEO has gone so far as to call Bitcoin “freedom,” and “the most… Source link

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Here’s how much private equity firms could pay in Twitter bidding war with Elon Musk

Here’s how much private equity firms could pay in Twitter bidding war with Elon Musk

Private equity could be prepared to offer much more to help snag Twitter away from the outstretched hands of billionaire Elon Musk. A source familiar with the matter tells Yahoo Finance that Apollo Global Management (the parent company of Yahoo Finance) is weighing options to provide financing to potential suitors for a deal to take Twitter private. The private equity powerhouse isn’t planning to buy Twitter outright, the source says. “When you talk about private equity, we think $60 to $65 in… Source link

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This is Google’s new ‘Wallet’ icon, how it might fit in with Pay

This is Google’s new ‘Wallet’ icon, how it might fit in with Pay

The “new” Google Pay was announced in November 2020 with two key tentpoles. Both have failed by all accounts, and the company said at the start of this year that Pay is next going to become a “comprehensive digital wallet.” That change has yet to materialize, but a new “Wallet” icon seen by 9to5Google could be the start of Google Pay’s future.  The icon in question is internally referred to as “Wallet” and makes use of the four Google colors. You have the actual… Source link

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Why the global poor ‘pay more’ for water than the middle class

Why the global poor ‘pay more’ for water than the middle class

While the United States has suffered one of the deadliest COVID-19 outbreaks of any country on earth, the economic devastation of the pandemic has struck most acutely in countries mired in extreme poverty. Global wealth inequality worsened during the pandemic, concentrating 76% of wealth in the hands of the richest 10% and reserving just 2% of wealth for the bottom half of earners, according to a report released by World Inequality Lab in December. Coping costs, or the added economic burden… Source link

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Canada introduces legislation to compel Facebook, Google to pay for news

A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register April 5 (Reuters) – Canada on Tuesday laid out details of a proposed legislation that would compel platforms like Facebook and Google to negotiate commercial deals and pay news publishers for their content, in a move similar to Australia’s ground-breaking law passed last year. “The news sector in Canada is in crisis,” Canadian… Source link

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Yahoo must pay $15 million in dispute with search competitor, jury decides

A federal jury in Oakland has awarded $15 million in damages against Yahoo in a suit by a software company that accused the tech giant of illegally copying its patented method of web searches. Droplets Inc., which is based in Texas, was granted a patent in 2004 for programming that allowed users to retrieve selected portions of a website without having to download an entire web page. After filing infringement suits against major tech firms, the company reached licensing agreements with nearly… Source link

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‘There are more efficient ways’ to make the rich pay more, economist says

Liquidity issues would make President Joe Biden’s proposed “billionaire tax” difficult to execute, Tyler Goodspeed, former acting chairman and vice chairman of the Council of Economic Advisers, told Yahoo Finance Live in a recent interview. “I think my main reaction is, it strikes me as a little bit gimmicky in an election year,” he said. “Look, if you think that billionaires should be paying more in taxes, then I think you should be seriously considering an elimination of the step up… Source link

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