Professional networking platform LinkedIn said it reached an agreement with the U.S. Department of Labor to pay female employees $1.8 million, which the agency says received far less compensation than its male counterparts from 2015 to 2017. by expression LinkedIn, published by the agency, blocked 686 women from equal pay at its San Francisco office …
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Twitter, which went public in 2013, also has a turbulent corporate history. It has repeatedly dealt with board dysfunction and drama with its founders and has been sued in the past by Disney and other interested buyers, including. sales team. In 2020, activist investment firm Elliott Management took a stake on Twitter and urged co-founder …
A federal safety regulator said on Thursday that Tesla has agreed to change the software in its cars to prevent drivers and passengers from playing video games on dashboard screens while a vehicle is in motion. The deal comes a day after the National Highway Traffic Safety Administration. launched an official investigation for the game …
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Instagram’s head, Adam Mosseri, has agreed to testify before Congress for the first time as bipartisan anger harms youth from the app. Senator Richard Blumenthal, who will chair the trial, said Mr Mosseri is expected to appear before a Senate panel the week of December 6 as part of a series of hearings on protecting …
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WASHINGTON — United States had an agreement Austria, France, Italy, Spain and the UK on Thursday will end the threat of American tariffs on certain goods from these countries in exchange for the eventual removal of digital services taxes they have imposed on companies such as Facebook, Amazon and Google. The deal comes as more …
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Credit Suisse will pay up to $475 million in fines to officials in the United States and the United Kingdom to settle criminal charges arising from a foreign bribery investigation of more than $2 billion to raise money for tuna fishing in Mozambique. As part of the global settlement, a division of the Swiss-based bank …
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TOKYO — Spain’s top football league has agreed in principle to sell 10 percent of its business to CVC Capital Partners, a private equity firm, for around $3 billion, according to executives familiar with the deal. If approved by league clubs, the deal could help the league’s cash-strapped teams. Giants like FC Barcelona, repair their …
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Video conferencing company Zoom Video Communications, whose internet application has become a mainstay of American life during the coronavirus pandemic, has agreed to pay $85 million and improve its security practices to settle a lawsuit that it claims violated the privacy of its users. The lawsuit, filed in March 2020, shortly after the outbreak reached …
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Major oil producers agreed on a production increase on Sunday. United Arab Emirates and Saudi Arabia settled a dispute this month that blocked a deal. Under the agreement, OPEC Plus, as the group is known, will increase production by 400,000 barrels per day indefinitely every month from August. The arrangement gives Emirates most of the …
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