The decision by the European Union’s highest court came on the 2nd day of Google’s latest US antitrust trial. Constantine von Hoffman on September 10, 2024 As the second day of the Justice Department’s antitrust case against Google got underway, the EU upheld a $ 2.6 billion antitrust fine against the company. The fine … Continue reading EU hits Google with $2.6 billion fine in antitrust case
August 06, 2024 Citigroup whistleblower is not entitled to a share of a $400 million fine, court rules Miller sued under the federal False Claims Act, which lets whistleblowers sue on behalf of the government and share in recoveries, typically 15% to 30%. BY Reuters A federal appeals court on Tuesday said a Citigroup vice president … Continue reading Citigroup whistleblower is not entitled to a share of a $400 million fine, court rules
March 28, 2024 That viral AI-generated influencer is based on a real person. And she’s fine with the ads Ariel Marie tells ‘Fast Company’ that she provided her voice and likeness to AI company Arcads, which approached her on the gig-work platform Fiverr. BY Chris Stokel-Walker The content creator behind a viral video storm over … Continue reading That viral AI-generated influencer is based on a real person. And she’s fine with the ads
By Jeff Beer November 22, 2023 The visionary founder brand is alive and well with the dramatic return of Sam Altman as CEO of OpenAI after five days of corporate drama the likes of which the tech industry hasn’t seen since . . . the Sam Bankman-Fried trial ended three weeks ago! On Tuesday, … Continue reading Sam Altman’s brand is stronger than ever—and that’s why OpenAI will be fine
Amazon and Apple Just Got Hit With a $218 Million Fine. Here’s Why Brad Anderson / Jul 18, 2023 Apple and Amazon were fined a combined $ 218 million by Spain’s antitrust watchdog for anti-competitive practices. The penalty for Apple was $ 161 million, while Amazon’s was $ 56.7 million. The two tech giants … Continue reading Amazon and Apple Just Got Hit With a $218 Million Fine. Here’s Why
Ireland’s data privacy board punishes Meta for effectively forcing users to accept targeted ads. Kim Davis on January 4, 2023 The Irish data privacy board has imposed a fine of 390 million Euros ($ 414 million) on Meta over advertising practices that are illegal under European Union law. Because Meta’s European operations are based in … Continue reading EU hits Meta with $414m fine over advertising practices
Robinhood lays off almost a quarter of its staff The company cut nine percent of its workforce earlier this year. I. Bonifacic @igorbonifacic Andrew Kelly / reuters For the second time this year, Robinhood is cutting its headcount. On Tuesday, the company announced it would lay off 23 percent of its workforce. According to … Continue reading New York regulators slap Robinhood’s crypto business with $30 million fine
By Elizabeth Segran June 13, 2022 Creating a unique piece of jewelry for an anniversary or a milestone is a lovely idea—but traditionally, ordering custom rings or necklaces has been expensive and exclusive. [Photo: Hannah Thornhill/courtesy Silent Opus] A new startup called Silent Opus wants to modernize the process by letting you choose the … Continue reading This fine jewelry startup puts the design process in your hands
Company broke previous promise to protect users’ personal information. Constantine von Hoffman on May 26, 2022 It’s never a good sign for a company when the Federal Trade Commission gets snarky. So, it was bad news for Twitter on Wednesday when the FTC said: “Twitter to pay $ 150 million penalty for allegedly breaking its … Continue reading FTC hits Twitter with snark and $150 million fine for allegedly selling security data to advertisers
Achim Nowak April 2, 2021 Nobody likes a boss that micromanages. Sweeping statement, I know, but one I am comfortable making. If you have ever worked for a boss who line-edits your written communications or fine-combs your Powerpoint presentations, you know. If you are the leader of a sizeable team, I feel for you. Taking … Continue reading The Fine Line Between Helping and Micromanaging
