Compass, a real estate technology company, has agreed to pay $57.5 million to settle lawsuits filed by agents who claimed they were not properly compensated for their work. The settlement will be distributed among the plaintiffs based on their individual claims and losses.
The price of U.S. crude oil surged on Thursday to its highest level since November amidst escalating tensions in the Middle East. This spike came as concerns over supply disruptions grew due to rising tensions between the United States and Iran.
In a recent development, online marketplace giant eBay has agreed to pay a significant sum of $59 million to settle a lawsuit filed by the Department of Justice (DOJ). This suit was filed in relation to eBay’s role in facilitating the sale of pill press machines, which were allegedly used to produce counterfeit pharmaceuticals.
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In a major development, cryptocurrency trading firm Genesis has agreed to pay a staggering $8 million to settle charges brought against it by the New York Department of Financial Services (NYDFS). As part of the settlement, Genesis has also decided to forfeit its BitLicense, a regulatory license required to conduct virtual currency business activities in New York. This move comes as a response to allegations of regulatory violations and misconduct in its virtual currency operations.
Self-driving car company Cruise, a subsidiary of General Motors (GM), has offered to pay a hefty sum of money to settle an investigation by California regulators into a recent crash involving one of its autonomous vehicles.
Google has agreed to a settlement in a $5 billion lawsuit that accused the tech giant of tracking users while in Incognito mode. The company faced allegations that it had violated user privacy by collecting data without consent, even when users thought their browsing activity was private. This development marks a significant step towards resolving the legal dispute between Google and millions of Internet users.
Online marketplace giant, Airbnb, has agreed to settle its long-standing tax dispute with the Italian government by paying a staggering $621 million. The move marks a significant step towards resolving the company’s regulatory issues and demonstrates Airbnb’s commitment to adhering to tax obligations in the countries it operates in.
