Tag Archives: drop

Google Talks Back: Tech Giant Asks Court To Drop Suit Over Alleged Spam Bias

Google Talks Back: Tech Giant Asks Court To Drop Suit Over Alleged Spam Bias by Ray Schultz , February 8, 2023 Google has asked a federal court to toss a lawsuit filed against it by the Republican National Committee (RNC) over alleged bias in spam-filter placement.  The RNC sued last year after an academic report … Continue reading Google Talks Back: Tech Giant Asks Court To Drop Suit Over Alleged Spam Bias

Credit card late fees are set to drop by 75% if the Biden administration gets its way

  By Clint Rainey February 01, 2023 President Biden has put exorbitant credit card late fees in his administration’s regulatory crosshairs. On Wednesday, the administration announced the proposal of a new rule to cap those fees at $8, potentially saving American families as much as $9 billion per year. It seeks to reform the practice … Continue reading Credit card late fees are set to drop by 75% if the Biden administration gets its way

Mercedes will reportedly drop the EQ brand to prepare for an all-electric future

Roberto Baldwin @strngwys The need to electrify its lineup could have resulted in Mercedes tossing an EV powertrain in its S-Class. Instead, it made the correct decision to create an EV-specific vehicle, the EQS. With nearly all of the trappings of the S-Class, the EQS sets a new standard in luxury for the EV world. … Continue reading Mercedes will reportedly drop the EQ brand to prepare for an all-electric future

Mercedes Formula One was skeptical of crypto sponsorships. Now it’s racing to drop FTX

  By Jeff Beer November 11, 2022   The Mercedes Formula One team, home to seven-time world champ Lewis Hamilton, announced it has suspended its partnership agreement with the troubled cryptocurrency exchange FTX. Earlier this year, in an interview for a story on FTX’s rise in sports sponsorship, Mercedes Formula One commercial director Richard Sanders … Continue reading Mercedes Formula One was skeptical of crypto sponsorships. Now it’s racing to drop FTX

Despite strong user spending, Bumble sees a drop in revenue forecast

By Jessica Bursztynsky August 10, 2022   Bumble users are spending more on the namesake app as singles return to their pre-pandemic habits. The dating company, which owns Bumble, Badoo, and Fruitz, reported 2Q revenue of $220.5 million, up 18% year over year and just over Wall Street’s expectations. The Bumble app specifically brought in … Continue reading Despite strong user spending, Bumble sees a drop in revenue forecast

Even as retail sales drop, Amazon and Walmart have created thriving ad businesses

By Rob Walker August 01, 2022   Branded is a weekly column devoted to the intersection of marketing, business, design, and culture. Walmart vs. Amazon is one of the great rivalries in business history. And lately the retail giants have found something new to compete over: ad revenue. We don’t normally think of stores as advertising … Continue reading Even as retail sales drop, Amazon and Walmart have created thriving ad businesses

Cryptos drop today as Powell signals upcoming 50bps rate hike

Alejandro Arrieche Last updated: 22 April 2022 Cryptocurrencies and other risky assets are dropping this morning following hawkish remarks from the head of the United States central bank – the Federal Reserve – that hinted to policymakers possibly eyeing a 50 basis points rate hike during their next meeting. The head of the Fed, Jerome … Continue reading Cryptos drop today as Powell signals upcoming 50bps rate hike