McDonald’s (MCD) former CEO Stephen Easterbrook agreed to repay more than $52.7 million in a settlement with the U.S. Securities and Exchange Commission over investor fraud allegations. The agency alleges that Easterbrook defrauded the company’s investors by lying about sexual relationships with company subordinates while he was CEO, resulting in a separation compensation that he should not have received because of the alleged fraud. The conflict — that the company at the time said was… Source link
Read More »Google Agrees to Pay $23 Million Over Privacy Issues, Report Says
Google has agreed to pay $23 million to settle a California class-action lawsuit over search engine… Source link
Read More »NCLAT directs Google to pay 10% of Rs 1,337.76 cr CCI penalty
The National Company Law Appellate Tribunal on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI. Photograph: Dado Ruvic/Reuters A two-member bench, however, declined to grant any immediate stay the operations of Competition Commission of India (CCI) penalty and said it would pass any order after hearing out other parties. The appellate tribunal has issued notices to CCI and directed to list the matter on… Source link
Read More »Mets will pay roughly $111M, more than 10 MLB teams’ payrolls, in luxury tax penalties after offseason splurge
You can criticize New York Mets owner Steve Cohen’s approach. You can bemoan his seemingly unlimited budget and post a thread on Twitter about how this is “bad for the game.” But you can’t deny one thing: Cohen desperately wants to win. After signaling in March that he didn’t care about the luxury tax, Cohen has backed up that assertion this offseason. With the reported signing of Carlos Correa on Wednesday, the Mets’ offseason spending splurge jumped to an unfathomable $806.1 million. As a… Source link
Read More »Google will reportedly pay $2.5 billion/year for NFL Sunday Ticket, plus potential extra payments
The long-running race for NFL Sunday Ticket is reportedly coming to an end, with Google as the winner for the package, which will be available on YouTube (owned by the company). While an official announcement hasn’t come quite yet, the New York Times reports that $2.5 billion has been discussed as the annual cost to Google, which would be a billion more per year than the $1.5 billion currently being paid by DirecTV. The length of the deal is currently unknown. DirecTV’s existing… Source link
Read More »Wells Fargo to pay $3.7B over consumer law violations
WASHINGTON (AP) — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle charges that it harmed customers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applying overdraft fees against savings and checking accounts. Wells was ordered to repay $2 billion to consumers by the Consumer Financial Protection Bureau, which also enacted a $1.7 billion penalty against the San Francisco bank Tuesday. It’s the largest fine ever leveled… Source link
Read More »Google Wallet spreads holiday cheer with cute animations when you tap and pay
Snowglobes, snowmen, and snowy scarved cats We’ve been blessed with the occasional Easter egg from Google Wallet (neé Google Pay, Android Pay, and… Google Wallet), mainly in the form of special animations that take place after you’ve tapped and paid with your watch or phone. For the holidays this year, the company is back at it again with a series of post-transaction vignettes for us shoppers to enjoy. Specifically, these animations take place once a… Source link
Read More »Google Wallet adds whimsical Pay animations for the holidays
If you recently used Google Wallet on Android, you might have noticed a touch of holiday whimsy on the Pay screen. Normally, tapping your Android phone to an NFC reader shows the card used and a loading animation just above it. The blue circular progress indicator morphs into a checkmark with that circle then shrinking to make way for the Google Pay logo. During the holidays, the blue checkmark can morph into any number of characters. One of the more elaborate animations is a cat… Source link
Read More »Brazil central bank grants Google Pay payment institution status
SAO PAULO, Dec 8 (Reuters) – Alphabet’s (GOOGL.O) Google Pay has received approval to operate as a payment institution in Brazil, Latin America’s largest economy, the country’s official gazette showed on Thursday, allowing it to initiate payment transactions. Payment initiators, according to Brazil’s central bank, initiate a transaction ordered by the final user but never manage the payment account, nor hold the funds of the transactions. A press spokesperson for Google confirmed the central… Source link
Read More »Judge Orders U.S. Lawyer in Russian Botnet Case to Pay Google – Krebs on Security
In December 2021, Google filed a civil lawsuit against two Russian men thought to be responsible for operating Glupteba, one of the Internet’s largest and oldest botnets. The defendants, who initially pursued a strategy of counter suing Google for tortious interference in their sprawling cybercrime business, later brazenly offered to dismantle the botnet in exchange for payment from Google. The judge in the case was not amused, found for the plaintiff, and ordered the… Source link
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