settles

Workers assemble cars on the line at Tesla's factory in Fremont. David Butow (Photo by David Butow/Corbis via Getty Images)David Butow | Corbis News | Getty ImagesElectric vehicle maker Tesla has settled a racist discrimination lawsuit in which a federal jury previously awarded $3.2 million in damages to Owen Diaz, a Black man who worked as an elevator operator at its Fremont, California factory in 2015.Attorney Lawrence Organ, with the California Civil Rights Law Group, who represented Diaz told CNBC via e-mail: "The…

Owen Diaz's lengthy court battle against Tesla is officially over, now that both parties have agreed on a settlement. Attorney Lawrence Organ, Diaz's lawyer, told CNBC that that the "parties have reached an amicable resolution of their disputes," but that the "terms of the settlement are confidential." If you've been following this case for a while now, that means you won't get to find out how much Diaz is getting after the massive $137 million in damages he was originally awarded got dramatically lowered to $3.2…

Bitcoin (BTC), the world’s leading cryptocurrency, has once again captured the spotlight as it settled above the $67,000 mark, after briefly peakling to set a new all-time high at $69,170. This remarkable price action has ignited excitement among investors and enthusiasts alike, underscoring Bitcoin’s status as a top crypto asset for long-term growth and investment. Bitcoin’s Momentum and Market Dynamics The recent surge in Bitcoin’s price comes amidst a backdrop of favorable market dynamics and growing…

Prince Harry has agreed to a £400,000 (about $505,000) settlement with a British tabloid publisher found guilty last year of improper snooping into his personal life, the BBC reports. The sum covers legal costs, as well as the initial £140,600 in damages Harry was awarded when the ruling against Mirror Group Newspapers was handed down last December. In the ruling, a judge found that Mirror Group’s papers — including The Mirror, The Sunday Mirror, and The Sunday People — had engaged in “unlawful information…

Kevin Spacey will pay $1 million to the production company behind House of Cards to settle an arbitration case stemming from sexual misconduct claims against the actor, Variety reports. Spacey will pay the $1 million fee in installments to the production company, Media Rights Capital (MRC), over several years. It’s a significantly smaller sum than the $31 million the actor was originally ordered to pay in 2021 for breaching his contract after an arbitrator found claims that he’d sexually harassed young crew members…

Well, that was fast. A settlement has been reached just two days after district attorneys from 25 California counties filed a lawsuit against Tesla over allegations the automaker repeatedly mishandled hazardous waste at its facilities throughout the state. Tesla has agreed to pay $1.3 million in civil penalties and $200,000 to reimburse the costs of the investigation, according to a press release from the Office of the District Attorney in San Francisco. Tesla is also under a detailed injunction…

Tesla and the 25 California counties that sued the automaker for mishandling hazardous waste at its facilities around the state have already reached an agreement just a few days after the lawsuit was filed. The court has ordered the automaker to pay $1.5 million as part of the settlement, which also includes hiring a third party to conduct annual waste audits of its trash containers for five years. These auditors will be taking a close look at the company's trash containers to check for hazardous materials.The counties…

Shortly after Oppo and Finnish telecom giant Nokia reached a global 5G patent cross-licensing deal, effectively settling a prolonged legal dispute spanning 12 countries, OnePlus marked its return to the German market after an 18-month hiatus…

On Wednesday, Google reached a settlement in a patent infringement lawsuit concerning the chips powering the company’s AI technology. The resolution was disclosed in a filing at a federal court in Massachusetts on the same day that closing arguments were scheduled to commence in the trial brought by Singular Computing. The lawsuit sought $1.67 billion in damages, accusing Google of misusing computer-processing innovations. Details of the settlement were not immediately disclosed, and both Google…

Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company's artificial-intelligence technology, according to a filing in Massachusetts federal court.The settlement comes the same day that closing arguments were scheduled to begin in a trial on Singular Computing's lawsuit, which had sought $1.67 billion in damages for Google's alleged misuse of its computer-processing innovations. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT…