Tag Archives: Million

Trump’s tariff deal with European Union will save its automakers up to $700 million a month

September 25, 2025 EU reveals tariff deal with Trump will save its automakers up to $700 million a month The deal establishing a 15% tariff on most EU goods eases a major burden on European carmakers.

No, you do not really need $1.26 million to retire

Retirement

April 20, 2025 No, you do not really need $1.26 million to retire BY Emily Guy Birken Every few months, there’s a new story or study or think piece on the exact dollar amount needed to afford retirement. The most recent is Northwestern Mutual’s 2025 Planning & Progress Study, which found that Americans believe they need … Continue reading No, you do not really need $1.26 million to retire →

Marketing automation vendor Act-On acquired for $53 million

Marketing Automation

One of the oldest players in the MAP market sells to a Washington-based SPAC. Mike Pastore on January 24, 2025 Marketing automation provider Act-On, one the early players in the SaaS martech space, was acquired Thursday by Banzai. Banzai is paying $ 53.2 million for Act-On, with $ 20 million in cash and the … Continue reading Marketing automation vendor Act-On acquired for $53 million →

Meta AI has more than 500 million users

Facebook AI

Meta AI has more than 500 million users Threads has surged to reach “almost 275 million” people, Mark Zuckerberg said. karissa bell Thu, Oct 31, 2024 SOPA Images via Getty Images Last month at Meta Connect, Mark Zuckerberg said that Meta AI was “on track” to become the most-used generative AI assistant … Continue reading Meta AI has more than 500 million users →

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

Advertisement Ethics

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’

Twitter Under Legal

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

Banking Security and Fraud

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

Employee Strikes

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

Twitter Under Fire

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

Twitter Employees

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 →