Meta Pays Buzzfeed Millions
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UBS Pays CEO Sergio Ermotti $15.6 Million
The bank hailed his “excellent performance in a defining year” for Switzerland’s largest bank by assets. Ermotti was recruited last April to serve as CEO for a second time.The Wall Street Journal - World -
Trump faces Monday deadline to pay $464 million bond
Former President Trump’s $464 million bond in his civil fraud case is due tomorrow and if he doesn’t secure it, some of his New York properties could be seized. NBC’s Vaughn Hillyard reports for Sunday TODAY.NBC News - Politics - Donald Trump -
In a Bumper Year for CEO Pay, a $161 Million Award Swells to $1.3 Billion
Broadcom boss’s compensation leads the pack in 2023 as big stock gains drive up the value of awards.The Wall Street Journal - World -
In a Bumper Year for CEO Pay, a $161 Million Award Swells to $1.3 Billion
Broadcom boss’s compensation leads the pack in 2023 as big stock gains drive up the value of awards.The Wall Street Journal - Business -
The Fight for AI Talent: Pay Million-Dollar Packages and Buy Whole Teams
The search for AI expertise is heating up amid a shortage of candidates and as layoffs hit other areas of tech.The Wall Street Journal - Tech -
UBS Pays CEO Sergio Ermotti $15.6 Million for Answering 'Call of Duty'
UBS gave Chief Executive Sergio Ermotti a $13.6 million bonus, hailing his “excellent performance in a defining year” for Switzerland’s largest bank by assets.The Wall Street Journal - World -
Trafigura to Pay $127 Million to Settle U.S. Bribery Charges
Swiss commodity trading company Trafigura has settled U.S. charges that it bribed Brazilian officials to secure business with the country’s state-owned oil company.The Wall Street Journal - World -
TKO Group to pay $335 million to settle class-action suit brought by former UFC fighters
The parent company of UFC will pay $335 million to settle two class-action lawsuits alleging that the promotion firm reduced the earning power of its fighters through anticompetitive behavior.Los Angeles Times - Entertainment -
Trump turns to his 'old cast' to raise millions for 2024 and the PAC paying his legal bills
Donald Trump turns to small group of wealthy allies to help raise money for his campaign and fund a political action committee paying his legal bills.CNBC - Business - Donald Trump -
Trump needs to pay just $175 million to put his $454 million civil-fraud judgment on hold during his appeal, an appellate court ruled, giving the former president a crucial win on the cusp of a financial deadline.
Trump needs to pay just $175 million to put his $454 million civil-fraud judgment on hold during his appeal, an appellate court ruled, giving the former president a crucial win on the cusp of a financial deadline.The Wall Street Journal - World -
My wife and I owe $450,000 on a $1.2 million house with a 3.5% mortgage rate. Our payments will soon increase. Should we pay it off or invest in stocks?
“We are in our late 60s, in good health and we have a second home worth $900,000 that is fully paid for.”MarketWatch - Business -
Apple, Meta and Google to be investigated by the EU
If they are found to have broken the rules, the firms could be fined up to 10% of their annual turnover.BBC News - Top stories - Google -
Meta and Google accused of restricting reproductive health information
Report claims posts on abortion and contraception have been deleted while misinformation on the feeds of social media users in Africa, Latin America and Asia has not been tackled. Meta and Google are accused in a new report of obstructing ...The Guardian - World - Google -
‘We crowdfunded to help pay our son’s care costs’
Like TV presenter Kate Garraway, other families are struggling with the cost of care.BBC News - Top stories -
Apple Faces Legal Protest From Meta, Microsoft, X, Spotify and Match
Five tech companies object to Apple’s new app store policies related to payment for services.The Wall Street Journal - Tech - Apple -
US TikTok ban is good for the West, but what about Meta and X?
So, while this bill undoubtedly leaves something to be wanted, it’s too early to judge it a failure. If it forces ByteDance to divest, everybody in the West is better insulated from security threats real and partially imagined by Congress.The Hill - Politics - Tiktok -
Apple, Google, Meta targeted under new European law meant to prevent cornering of digital markets
European Union regulators have opened investigations into Apple, Google and Meta, in the first cases under a sweeping new law designed to stop Big Tech companies from cornering digital markets that took effect earlier this monthABC News - World -
Apple, Meta, Google Probed by EU Under New Law
The investigations add to regulatory headaches for U.S. tech companies under growing scrutiny worldwide.The Wall Street Journal - World -
Boeing boss Dave Calhoun to step down; EU to investigate Alphabet, Apple and Meta – business live
Live, rolling coverage of business, economics and financial markets as Boeing chief executive departs after safety incidents including mid-air door blow-out. The government’s shareholding in NatWest Group has fallen below 30% for the first time ...The Guardian - World - Apple -
Appeals Court: Meta Platforms Must Face Advertisers' Class Action
The9th U.S. Circuit Court of Appeals in San Francisco ruledthat a group of advertisers can sue as a class over claims the tech giant overstated the "potential reach" of its ads.Inc. - Business -
EU probes Apple, Meta and Alphabet under landmark new law
Big Tech groups are the first to face full investigations under bloc’s Digital Markets ActFinancial Times - Business - European Union -
E.U. Takes Aim at Alphabet, Apple and Meta in Wide-Ranging Investigations
The inquiries signal the bloc’s intention to tightly enforce sweeping new competition rules that took effect this month.The New York Times - Business - Apple -
Meta, Google, Apple face EU probes over new tech regulations
The European Union launched investigations into Meta, Google and Apple to review if the three U.S.-based tech giants’ recently announced measures comply with the EU’s new tech regulations, the European Commission announced Monday. The ...The Hill - Politics -
Biden campaign taps entertainment-industry stars and Clinton, Obama for New York City fundraiser
Stephen Colbert, Mindy Kaling and other stars are slated to take part in a fundraising event Thursday for Biden’s re-election effort vs. Trump.MarketWatch - Business - Joe Biden -
Oil prices end higher, buoyed by geopolitical tensions, Russia’s output cuts
Oil futures rose on Monday as investors monitored escalating geopolitical tensions in the Middle East and between Russia and Ukraine, while supply concerns continued to weigh on crude-oil prices.MarketWatch - Business - Russia -
Treasury yields end higher to kick off holiday-shortened week
Rates on U.S. government debt jumped by the most in one week on Monday as traders braced for a busy holiday-shortened period.MarketWatch - Business -
U.S. stock-market rally could hit the skids if companies miss this mark, strategist warns
The record-setting rally in U.S. stocks could run into trouble if companies report disappointing profits, according to a top equity-market strategist at Morgan Stanley.MarketWatch - Business -
Super Micro’s stock stands out by these metrics, JPMorgan says in bullish call
Another analyst has joined the bull camp on shares of Super Micro, which have experienced a roughly 800% surge over the past 12 months.MarketWatch - Business -
Fisker warns of possible ‘event of default’ following NYSE move to delist stock
The New York Stock Exchange on Monday said it would begin the delisting process for Fisker Inc. stock — a move the struggling electric-vehicle maker said would trigger an “event of default” on some of its convertible debt due next year.MarketWatch - Business -
Warren, Sanders accuse Meta of blocking content related to Palestinians: 'Deeply troubling'
Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) on Tuesday accused Meta of suppressing Palestine-related content on its platforms, calling its actions “deeply troubling.” Their letter, addressed to Meta CEO Mark Zuckerberg, is a ...The Hill - Politics -
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Apple, Meta, Google Probed by EU Under New Law
The investigations add to regulatory headaches for U.S. tech companies under growing scrutiny worldwide.The Wall Street Journal - Tech -
The EU Targets Apple, Meta, and Alphabet for Investigations Under New Tech Law
The probes are the first to take place under Europe’s landmark Digital Markets Act—and add to Apple’s mounting antitrust woes.Wired - Tech - European Union -
Meta Kills a Crucial Transparency Tool At the Worst Possible Time
CrowdTangle helps researchers track disinformation, but Meta will close it down before the US election. The tool's cofounder, Brandon Silverman, says it's time to force companies to share data.Wired - Tech -
The Deepfake Porn of Kids and Celebrities That Gets Millions of Views
It astonishes me that society apparently believes that women and girls should accept becoming the subject of demeaning imagery.The New York Times - Top stories -
Mega Millions jackpot rises to $1.1 billion
No one has won the Mega Millions jackpot since Dec. 8, a string of 30 consecutive drawings without anyone taking home the top prize.CBS News - Top stories - Lottery -
Powerball climbs to $800 million after no jackpot in Saturday drawing
Winning numbers were drawn for Saturday for Powerball’s $750 million jackpot.ABC News - Top stories -
U.S. Charges Alleged Chinese Hackers as U.K. Says Voter Files Accessed
The Biden administration targeted the alleged Chinese hackers while the British government accused Beijing of hacking the U.K.’s electoral register.The Wall Street Journal - World -
Hildred Capital Raises $750 Million Continuation Fund
The vehicle allows the healthcare private-equity firm to maintain ownership of Crown Laboratories and Hyland’s Naturals.The Wall Street Journal - World -
Trump fraud trial bond reduced to $175 million
Former President Trump's bond in his New York fraud trial has been reduced to $175 million, down from nearly half a billion dollars. Trump's "hush money" trial, meanwhile, is set to begin April 15. Robert Costa reports.CBS News - Top stories - Donald Trump