JasonDoiy/iStock Unreleased via Getty Images Apple’s (AAPL) settlement with European Union antitrust regulators, announced early on Thursday, could allow the iPhone maker to open its Near-Field-Communication technology to third-party payment providers in the U.S., such as PayPal (NASDAQ:PYPL). Previously, only AAPL’s mobile wallet Apple Pay used to allow iPhone usersContinue Reading
sharply_done/E+ via Getty Images The Biden administration said Thursday it reached a $241.5M settlement with Marathon Oil (NYSE:MRO) over alleged air quality violations at the company’s operations in the Forth Berthold Indian Reservation in North Dakota. The U.S. Environmental Protection Agency and Department of Justice said the settlement requires thatContinue Reading
David Ramos/Getty Images News Microsoft (NASDAQ:MSFT) reached a €20M (~$21.7M) settlement with cloud association CISPE in Europe, sparing the tech giant from a hefty fine and further EU investigation, Reuters reported, citing people with knowledge of the matter. Cloud Infrastructure Service Providers in Europe (CISPE) accused Microsoft (MSFT) of usingContinue Reading
Maks_Lab A group of former Discovery Inc. investors is set to receive $125M after settling a lawsuit related to allegations that the entertainment firm’s 2022 merger with AT&T’s (NYSE:T) WarnerMedia unit generated improper payouts worth more than $1B to company insiders. Subject to the final approval of Delaware Chancery JudgeContinue Reading
JHVEPhoto/iStock Editorial via Getty Images Discover Financial Services (NYSE:DFS) entered a settlement to resolve a class-action lawsuit accusing it of overcharging merchants, according to a recent filing with the U.S. Securities and Exchange Commission. The credit-card issuer had boosted its liability to provide refunds as a result of the cardContinue Reading
Atomic Minerals (TSXV:ATOM:CA) has received TSX Venture Exchange approval for a debt settlement agreement with an arm’s length third party, it said Friday after market. Atomic Minerals (ATOM:CA) has allotted and issued an aggregate of 458,182 common shares in the capital of the company at a deemed price of $0.055Continue Reading
dk_photos Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) struck a deal with Massachusetts Attorney General Andrea Campbell’s office on Thursday to resolve a multi-year lawsuit regarding the classification status of drivers working for the two companies. The agreement will see Uber (UBER) and Lyft (LYFT) agree to raise their minimum payContinue Reading
By Hannah Lang (Reuters) -Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform Abra and its CEO for operating without required state licensing. As part of the settlement, Abra last year agreed to stop accepting crypto from U.S. Abra Trade account customers into itsContinue Reading
Michael Vi/iStock Editorial via Getty Images A $30B antitrust settlement between Visa (NYSE:V), Mastercard (NYSE:MA) and U.S. merchants to limit credit-card swipe fees has been rejected by a federal judge in Brooklyn, New York, according to a Tuesday media report. The move marks a major setback for the card networksContinue Reading
