Settle

Twitter is preparing to grant Elon Musk unprecedented access to platform data in an effort to address his concerns about automated accounts, The Washington Post reported on Wednesday. Citing a person familiar with the company’s thinking, the report says Twitter is preparing to give Musk access to the so-called “firehose” API that contains every tweet as it is posted. In April, Musk legally committed to purchasing Twitter but has grown increasingly vocal about possible bot activity on the platform, in what some see as…

Volkswagen has said that it would pay £193 million ($242 million, 226 million euros) to British claimants over its 2015 diesel emissions tests cheating scandal. The German company has faced claims around the world since revelations that it cheated pollution tests by installing devices to reduce nitrogen oxide readings. A class action was brought on behalf of some 91,000 claimants in England and Wales but Volkswagen settled out of court, avoiding a lengthy, potentially costly trial and any appeal. “No admissions in respect…

Twitter has agreed to pay $150 million (roughly Rs. 1,164 crore) to settle allegations it misused private information, like phone numbers, to target advertising after telling users the information would be used for security reasons, according to court documents filed on Wednesday.Twitter's settlement covers allegations that it misrepresented the "security and privacy" of user data between May 2013 and September 2019, according to the court documents.The company will pay $150 million as part of the settlement announced by…

Glencore GLNCY 1.47% PLC is set to settle long-running U.S. corruption investigations on Tuesday, finally resolving criminal probes into its global mining and trading business that have hung over the company for years, according to people familiar with the matter. Glencore, or a subsidiary of the company, will also plead guilty to violating the Foreign Corrupt Practices Act, the people said. The company said in a…

US streaming service Netflix has agreed to settle a tax dispute with Italy, the company and legal sources said on Friday.Milan prosecutors issued a statement saying they had settled with a multinational video on-demand streaming company for a period covering Oct. 2015 to 2019 and asked it to pay EUR 55.8 million (roughly Rs. 460 crore).They gave the settlement figure without specifically naming the company involved but three sources with knowledge of the matter confirmed it was Netflix.A Netflix spokesperson said the…

WASHINGTON— Nvidia Corp. NVDA -0.90% has agreed to pay $5.5 million to settle a regulatory investigation that found it didn’t adequately reveal the impact of cryptomining on its sales of powerful chips designed for computer gaming. The Securities and Exchange Commission said Nvidia’s sales of its graphics processing units, or GPUs, were materially boosted in its 2018 fiscal year by consumers who bought them to mine new units of…

The career-networking service LinkedIn has agreed to pay $1.8 million (roughly Rs. 13 crore) in back wages to hundreds of female workers to settle a pay discrimination complaint brought by US labour investigators.The US Labor Department announced Tuesday that it has reached a settlement agreement with LinkedIn to resolve allegations of “systemic, gender-based pay discrimination" in which women were paid less than men in comparable job roles.The settlement affects nearly 700 women who worked in engineering, product or…

T-Mobile USA agreed to settle a US probe for $19.5 million (roughly Rs. 145 crore) after a massive 2020 outage led to more than 20,000 failed 911 emergency calls.The settlement was prompted by a Federal Communications Commission investigation into a more than 12-hour outage in June 2020 that led to congestion across No. 3 wireless carrier T-Mobile's networks, and caused "the complete failure of more than 23,000 911 calls."T-Mobile as part of the consent decree with the FCC has also agreed to make new commitments to…

British telecommunications giant Vodafone said Friday it had offered to settle a multi-billion-dollar tax dispute with India, after the government scrapped a law that saw it claim huge sums from multinational firms.The legislation, introduced in 2012, allowed New Delhi to claim back taxes from foreign companies that had bought assets of Indian firms in past deals.It was dubbed "tax terrorism" by the then-opposition BJP -- which is now in power -- and widely viewed as damaging India's push to attract more foreign…

The Federal Communications Commission (FCC) said Friday that four telecom providers will pay a total of $6 million (roughly Rs. 45,60,81,000) to settle investigations into compliance with the agency's 911 reliability rules during 2020 network outages.AT&T, CenturyLink, now Lumen Technologies, Intrado, and Verizon Communications will implement compliance plans to ensure adherence to FCC emergency call rules. Lumen will pay $3.8 million (roughly Rs. 28,88,51,300), while Intrado will pay $1.75 million (roughly Rs.…