Tag Archives: Million

Think you can make a better Doritos ad than Doritos? Prove it, and you’ll win $1 million

September 23, 2024 Think you can make a better Doritos ad than Doritos? Prove it, and you’ll win $1 million Doritos killed its ‘Crash the Super Bowl’ ad contest before creator culture took hold. Now, the company is bringing it back and wants to see what the internet comes up with. BY Jeff Beer Back in … Continue reading Think you can make a better Doritos ad than Doritos? Prove it, and you’ll win $1 million

Former Twitter chairman is suing X for $20 million over pay he says was ‘wrongfully withheld’

  Former Twitter chairman is suing X for $20 million over pay he says was ‘wrongfully withheld’ The lawsuit alleges that X has refused to pay out Omid Kordestani’s stock, which accounted for the majority of his compensation. cheyenne macdonald   Sat, Aug 10, 2024   Reuters / Reuters Omid Kordestani, who was Twitter’s executive … Continue reading Former Twitter chairman is suing X for $20 million over pay he says was ‘wrongfully withheld’

Citigroup whistleblower is not entitled to a share of a $400 million fine, court rules

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

Outage caused by CrowdStrike’s disastrous update affected 8.5 million devices

Outage caused by CrowdStrike’s disastrous update affected 8.5 million devices The update left airlines, banks and major companies facing the blue screen of death. cheyenne macdonald   Sat, Jul 20, 2024   REUTERS / Reuters The global outage caused by a faulty update from cybersecurity provider CrowdStrike on Friday affected some 8.5 million Windows devices, … Continue reading Outage caused by CrowdStrike’s disastrous update affected 8.5 million devices

Elon Musk escapes paying $500 million to former Twitter employees

Elon Musk escapes paying $500 million to former Twitter employees They could still amend and refile their complaint. anna washenko   Updated Wed, Jul 10, 2024   Reuters / Reuters The social media platform formerly known as Twitter has been at the center of multiple legal battles from the very beginning of Elon Musk’s takeover. … Continue reading Elon Musk escapes paying $500 million to former Twitter employees

Elon Musk doesn’t owe ex-Twitter employees $500 million in severance, the court rules

July 10, 2024 Elon Musk doesn’t owe ex-Twitter employees $500 million in severance, court rules The lawsuit alleged that Twitter paid laid-off employees less severance than they were contractually promised. BY Jessica Bursztynsky In a win for Elon Musk, a judge dismissed a lawsuit claiming that the billionaire owed former Twitter employees upwards of $500 million … Continue reading Elon Musk doesn’t owe ex-Twitter employees $500 million in severance, the court rules

Microsoft agrees to $14 million California pay discrimination settlement

Microsoft agrees to $14 million California pay discrimination settlement The company allegedly passed over employees who has taken protected leave when it came time for bonuses and promotions. sarah fielding Thu, Jul 4, 2024   Microsoft Microsoft is set to pay $14.4 million to resolve a case alleging retaliatory and discriminatory practices against California workers … Continue reading Microsoft agrees to $14 million California pay discrimination settlement

How cool-girl brand Ganni made sustainable style a $700 million business

 June 27, 2024 How cool-girl brand Ganni made sustainable style a $700 million business The Danish ‘It Girl‘ brand is determined to grow, but not at all costs. BY Elizabeth Segran In 2023, Nicolaj Reffstrup made a tough decision—one that would lose his company half a million dollars in annual revenue. [Photo: Ganni] As cofounder and … Continue reading How cool-girl brand Ganni made sustainable style a $700 million business

Amazon faces nearly $6 million in fines over California labor law violations

Amazon faces nearly $6 million in fines over California labor law violations The company failed to properly notify its warehouse workers about their expected quotas. anna washenko   Updated Wed, Jun 19, 2024   ASSOCIATED PRESS The California Labor Commissioner’s office has fined Amazon $5,901,700 for infractions related to a law designed to protect warehouse … Continue reading Amazon faces nearly $6 million in fines over California labor law violations

Merrill Lynch settles class action racial discrimination lawsuit for $20 million

May 31, 2024 Merrill Lynch settles class action racial discrimination lawsuit for $20 million The lawsuit alleges that African American advisers employed by Bank of America-owned Merrill received less compensation and promotions than their white counterparts—and were terminated at higher rates. BY Associated Press Merrill Lynch has agreed to pay nearly $20 million to settle a … Continue reading Merrill Lynch settles class action racial discrimination lawsuit for $20 million