Tag #Settlement

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cnn.com

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Sep 25, 22:16

Amazon to Pay $2.5 Billion in FTC Settlement over Prime

Amazon will pay $2.5 billion to settle Federal Trade Commission allegations of deceptive Prime subscription practices, including a $1 billion penalty and $1.5 billion in customer refunds.

Amazon to Pay $2.5 Billion in FTC Settlement over Prime

Amazon will pay $2.5 billion to settle Federal Trade Commission allegations of deceptive Prime subscription practices, including a $1 billion penalty and $1.5 billion in customer refunds.

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How significant is this settlement financially for Amazon, and what changes will be implemented?

The $2.5 billion settlement represents 5.6% of Amazon's $44 billion Prime subscription revenue in the previous year. Amazon must now provide clearer disclosures during enrollment, simplify the cancellation process, and remove the "No, I don't want Free Shipping" button.

us.cnn.com

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Sep 13, 16:16

Meta to Pay Out $725M Cambridge Analytica Settlement

Meta will begin distributing payments to approximately 18 million validated claims from a $725 million settlement related to the Cambridge Analytica scandal, with payments calculated based on account duration and determined by a system of allocation points.

Meta to Pay Out $725M Cambridge Analytica Settlement

Meta will begin distributing payments to approximately 18 million validated claims from a $725 million settlement related to the Cambridge Analytica scandal, with payments calculated based on account duration and determined by a system of allocation points.

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Responsible Consumption and Production

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How were payments determined, and what was the deadline to file a claim?

Payments are calculated based on a system of 'allocation points,' with one point awarded for each month a user had an active Facebook account between May 24, 2007, and December 22, 2022. Users with longer account durations receive larger payments. The deadline to file a claim was August 25, 2023.

theguardian.com

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Sep 8, 22:21

New Orleans Archdiocese Raises Clergy Abuse Settlement Offer to $230 Million

The Roman Catholic Archdiocese of New Orleans increased its settlement offer for clergy sexual abuse victims from $180 million to $230 million, with the possibility of further increases pending negotiations with its insurer, Travelers.

New Orleans Archdiocese Raises Clergy Abuse Settlement Offer to $230 Million

The Roman Catholic Archdiocese of New Orleans increased its settlement offer for clergy sexual abuse victims from $180 million to $230 million, with the possibility of further increases pending negotiations with its insurer, Travelers.

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Peace, Justice, and Strong Institutions

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What is the immediate impact of the increased settlement offer on the clergy abuse victims?

The $230 million offer, exceeding the initial $180 million, provides a minimum payment to victims. However, some attorneys still advise rejection, aiming for $300 million and pursuing additional funds from Travelers. The offer aims to appease a significant group of victims who were previously advised to reject the lower amount.

faz.net

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Sep 4, 10:19

Stuttgart Stock Exchange Launches Seturion: A Pan-European Platform for Digital Securities Trading

The Stuttgart Stock Exchange is launching Seturion, a blockchain-based platform aiming to streamline European digital securities trading, reducing settlement times from two days to minutes and potentially cutting costs by up to 90 percent.

Stuttgart Stock Exchange Launches Seturion: A Pan-European Platform for Digital Securities Trading

The Stuttgart Stock Exchange is launching Seturion, a blockchain-based platform aiming to streamline European digital securities trading, reducing settlement times from two days to minutes and potentially cutting costs by up to 90 percent.

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What is the main goal of the Stuttgart Stock Exchange's new Seturion platform, and what are its immediate impacts?

Seturion aims to create a unified European market for digital securities by overcoming national silos in the settlement process. This will reduce settlement times from two days to minutes and potentially decrease costs by up to 90 percent, impacting trading efficiency and cost-effectiveness across Europe.

abcnews.go.com

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Aug 9, 07:17

Trump Administration Demands $1 Billion from UCLA Over Antisemitism Allegations

The Trump administration is demanding a $1 billion settlement from UCLA for alleged antisemitism and civil rights violations stemming from the university's handling of 2024 protests, following similar, but smaller, settlements with other universities; UCLA's president called the demand devastating.

Trump Administration Demands $1 Billion from UCLA Over Antisemitism Allegations

The Trump administration is demanding a $1 billion settlement from UCLA for alleged antisemitism and civil rights violations stemming from the university's handling of 2024 protests, following similar, but smaller, settlements with other universities; UCLA's president called the demand devastating.

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Peace, Justice, and Strong Institutions

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How did UCLA's handling of the 2024 protests contribute to the current dispute with the Trump administration?

The demand is part of a broader Trump administration effort to address alleged antisemitism and civil rights violations at universities, using federal funding as leverage. UCLA's handling of 2024 protests, resulting in injuries and arrests, is a key factor in the allegations, along with previous settlements with Brown and Columbia Universities. The administration's actions are being criticized as politically motivated.

theguardian.com

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Aug 4, 19:17

Harvard Denies \$500 Million Settlement with Trump Administration

Harvard University president Alan Garber denied reports of a \$500 million settlement with the Trump administration, stating they are pursuing legal action after the administration halted federal funding in June, following a similar \$221 million settlement with Columbia University.

Harvard Denies \$500 Million Settlement with Trump Administration

Harvard University president Alan Garber denied reports of a \$500 million settlement with the Trump administration, stating they are pursuing legal action after the administration halted federal funding in June, following a similar \$221 million settlement with Columbia University.

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Quality Education

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What is the current status of negotiations between Harvard University and the Trump administration regarding the allegations of insufficient antisemitism measures and the subsequent funding freeze?

Harvard University president Alan Garber denied reports of a potential \$500 million settlement with the Trump administration, stating that the university is pursuing legal avenues to resolve its dispute. Negotiations reopened in June after the administration halted federal funding, following a \$221 million settlement with Columbia University. Harvard maintains it will not compromise academic freedom.

bbc.com

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Sep 22, 13:20

UK Migrant Settlement Grants Reach 163,353 in Year Ending June 2025

The UK government granted 163,353 indefinite leave to remain statuses to migrants in the year ending June 2025, a nearly 20% increase from the previous year, with most grants issued to those on work visas.

UK Migrant Settlement Grants Reach 163,353 in Year Ending June 2025

The UK government granted 163,353 indefinite leave to remain statuses to migrants in the year ending June 2025, a nearly 20% increase from the previous year, with most grants issued to those on work visas.

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What is the total number of indefinite leave to remain grants issued in the year ending June 2025?

In the year ending June 2025, the UK government granted 163,353 indefinite leave to remain statuses. This represents a significant increase of nearly 20% compared to the 138,074 grants issued in the previous year.

cnnespanol.cnn.com

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Sep 13, 19:17

Facebook to Pay Users in Cambridge Analytica Settlement

Facebook users who filed claims in the \$725 million settlement with parent company Meta related to the Cambridge Analytica scandal may receive payments soon, following a multi-year legal process.

Facebook to Pay Users in Cambridge Analytica Settlement

Facebook users who filed claims in the \$725 million settlement with parent company Meta related to the Cambridge Analytica scandal may receive payments soon, following a multi-year legal process.

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No Poverty

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What is the core issue and its immediate impact?

The settlement resolves a class-action lawsuit stemming from the Cambridge Analytica scandal, where up to 87 million Facebook users' data was improperly accessed. Payments are now being distributed to eligible claimants, with approximately \$540 million allocated for approved claims.

nbcnews.com

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Sep 6, 01:20

Anthropic to Pay $1.5 Billion in Copyright Infringement Settlement

Anthropic, an AI company, will pay at least $1.5 billion to settle a copyright infringement lawsuit filed by authors whose works were allegedly used to train its large language models.

Anthropic to Pay $1.5 Billion in Copyright Infringement Settlement

Anthropic, an AI company, will pay at least $1.5 billion to settle a copyright infringement lawsuit filed by authors whose works were allegedly used to train its large language models.

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How did Anthropic allegedly infringe on the authors' copyrights, and what was their defense?

Anthropic allegedly used pirated copies of roughly 500,000 books from websites like Library Genesis and Pirate Library Mirror to train its models. Their defense was that this constituted "fair use", a claim initially upheld by a judge before this settlement.

foxnews.com

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Aug 13, 04:14

Harvard, Trump Administration Near \$500 Million Antisemitism Settlement

The Trump administration and Harvard University are close to a \$500 million settlement over allegations of antisemitism, with funds designated for educational programs and research, following a similar settlement with Columbia University.

Harvard, Trump Administration Near \$500 Million Antisemitism Settlement

The Trump administration and Harvard University are close to a \$500 million settlement over allegations of antisemitism, with funds designated for educational programs and research, following a similar settlement with Columbia University.

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Quality Education

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What long-term impact might this settlement have on other universities' policies and practices regarding antisemitism and campus discrimination?

This settlement sets a significant financial precedent for universities facing similar accusations. The focus on educational programs and research, rather than direct government compensation, suggests a shift in approach toward addressing antisemitism on campus. Future cases may mirror this model, potentially influencing university policies and resource allocation.

foxnews.com

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Aug 7, 16:18

Israel Considers Reoccupying Gaza After Hamas Attack

Israeli Prime Minister Benjamin Netanyahu will convene his security cabinet to discuss expanding the war against Hamas, potentially including the full military occupation of Gaza, reversing the 2005 disengagement and resettling Jewish communities, in response to Hamas's October 7th massacre.

Israel Considers Reoccupying Gaza After Hamas Attack

Israeli Prime Minister Benjamin Netanyahu will convene his security cabinet to discuss expanding the war against Hamas, potentially including the full military occupation of Gaza, reversing the 2005 disengagement and resettling Jewish communities, in response to Hamas's October 7th massacre.

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Peace, Justice, and Strong Institutions

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How do differing perspectives on the 2005 disengagement influence the current debate surrounding a potential reoccupation of Gaza?

The proposed reoccupation of Gaza stems from the belief that the 2005 disengagement emboldened Hamas, leading to the recent attack. Supporters argue that re-establishing Israeli settlements would act as a deterrent and correct a historical injustice, while opponents express concern over the cost, logistical challenges, and potential international backlash. This debate reflects differing views on Israel's security strategy and future relationship with Gaza.

dailymail.co.uk

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Aug 1, 04:11

Disney Pays $5.75 Million in Weinstein Assault Settlement

Actress Julia Ormond received a $5.75 million settlement from Disney after accusing them of negligence in allowing Harvey Weinstein to assault her, a case that could cost Disney significantly more if other victims pursue similar claims.

Disney Pays $5.75 Million in Weinstein Assault Settlement

Actress Julia Ormond received a $5.75 million settlement from Disney after accusing them of negligence in allowing Harvey Weinstein to assault her, a case that could cost Disney significantly more if other victims pursue similar claims.

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Gender Equality

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What are the immediate financial implications for Disney resulting from the Julia Ormond settlement, and what potential future liabilities does the company face?

British actress Julia Ormond received a $5.75 million settlement from Disney after alleging that the company negligently allowed Harvey Weinstein to assault her. This settlement follows a lawsuit claiming Disney knew of Weinstein's behavior but failed to take action, potentially opening the door for similar lawsuits from other victims.

Showing 1 to 12 of 77 results