Unpacking Poshmark’s IPO filing
The market will decide how valuable Poshmark is. But who will it enrich with its final pricing decision? Let's find out. So much for a year-end IPO slowdown. On the heels of news that Expensify could direct list next year and Coinbase’.....»»
Amazon CEO Andy Jassy"s total compensation package topped $212 million
Amazon CEO Andy Jassy received a pay package valued at $212.7 million in 2021, marking a substantial compensation increase for the executive during his first year running the tech giant, according to a company filing with the US Securities and Exchan.....»»
Court Prohibits Convicted Lawyer from Filing New Copyright Lawsuits
Paul Hansmeier, one of the convicted attorneys behind the controversial Prenda Law firm, is no longer allowed to file new copyright cases in the District of Minnesota. The court issued the restrictions and dismissed over a dozen pending cases, throug.....»»
Galaxy Watch 5 part sighting suggests better battery life
The Galaxy Watch 5 is still a big unknown, but it seems like its battery has been spotted in a regulatory filing report......»»
SMIC sees Jan-Feb revenue surge 59% on year
Semiconductor Manufacturing International (SMIC) has issued a company filing with the Stock Exchange of Hong Kong disclosing that its cumulative 2022 revenue through February climbed 59.1% from a year earlier to US$1.22 billion, with net profits hiki.....»»
Amazon announces 20-for-1 stock split and $10 billion share buyback program
Amazon in a recent filing with the Securities and Exchange Commission (SEC) said its board of directors has approved a 20-for-1 stock split......»»
Nitro IPTV Faces $100m Piracy Damages But it Could’ve Been Worse
Pirate IPTV service Nitro TV was sued by DISH Network in 2021 for mass violations of the DMCA's anti-circumvention provisions and breaches of the Federal Communications Act. A new filing reveals that Nitro's operators could face a damages award of $1.....»»
Data study uncovers inequities in US citizenship process
It took filing a federal lawsuit for Professor Emily Ryo to complete a new empirical study on the naturalization, or citizenship, process......»»
Activision CEO Set for $15M "Golden Parachute" in Microsoft Deal
There are big potential payouts ahead for controversial Activision Blizzard CEO Bobby Kotick, according to an extensive SEC filing about Microsoft's planned $69 billion acquisition of the company. From a report: Microsoft and Activision propose that.....»»
IRS now lets taxpayers opt out of facial recognition after backlash
The Internal Revenue Service will continue using controversial facial recognition software for the rest of the current tax-filing season to verify taxpayers' identities before they can log on to its website. But after facing a backlash, the agency is.....»»
Facebook misled investors on scope of misinformation problems, whistleblower says
Meta made “material representations and omissions,” complaint alleges. Enlarge (credit: Jaap Arriens/NurPhoto) Since filing whistleblower complaints against Facebook last year, Frances Haugen hasn’t been sitting still. A.....»»
Meta may be forced to shutter Facebook, Instagram in EU
Stringent data privacy rules under GDPR have the company in a tight spot. Enlarge Meta says it may have to abandon the European Union. The note was buried in the company’s annual filing with the Securities and Exchange Comm.....»»
Apple’s ceramic laptop patent is the closest we’ll get to a touchscreen MacBook
Apple is re-envisioning the Touch Bar in its latest patent filing for a ceramic MacBook Pro with embedded touch buttons......»»
Epic calls on appeals court to overturn App Store monopoly ruling in new filing
Epic’s appeal of the ruling in its legal battle with Apple has officially kicked off today. In a new filing with the United States Court of Appeals for the Ninth Circuit, Epic urges the court to overturn the initial verdict, arguing that Judge.....»»
Hyundai applies for India"s battery manufacturing subsidy
Hyundai, Ola Electric, and Reliance New Energy Solar have applied for the production-linked incentive (PLI) scheme aimed for advanced battery manufacturing, according to official filing papers from India's Press Information Bureau (PIB)......»»
Facebook, Google CEOs were aware of formal advertising market deal, according to court filing
Chief executives of Alphabet Inc's Google and Facebook were aware of a deal to carve up part of the online advertising market, according to an amended complaint filed by Texas and other states that have filed an antitrust lawsuit against Google......»»
Comcast trying to “torpedo” Biden FCC pick Gigi Sohn, advocacy group says
New Comcast lobbyist listed "FCC nominations" as key issue in initial filing. Enlarge / Gigi Sohn answering questions on December 1, 2021, at a Senate Commerce Committee hearing on her nomination to the Federal Communications Commissio.....»»
Elizabeth Holmes sentencing hearing set for September 26
Elizabeth Holmes, the former CEO of Theranos who was convicted earlier this month on four out of 11 federal fraud and conspiracy charges, will not be sentenced until September 26, according to a new filing......»»
FTC has a “plausible claim” that Facebook is an illegal monopoly, judge says
Judge says the FTC has “cleared the bar” with its new filing. Enlarge / A worker picks up trash in front of the new logo in front of Meta's headquarters on October 28, 2021, in Menlo Park, Calif. (credit: Justin Sullivan/Getty Imag.....»»
RAAS INVESTOR ALERT: February 8, 2022 Filing Deadline in Class Action – Contact Lieff Cabraser
SAN FRANCISCO–(BUSINESS WIRE)–$RAAS #Cloopen–The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the securities of.....»»
Reddit Files To Go Public
Reddit on Wednesday announced that it has confidentially submitted a draft registration statement with the Securities and Exchange Commission to go public. CNBC reports: The social media company did not make the filing publicly available. The company.....»»