In a statement Activision Blizzard Inc said, it had fired more than 20 employees following allegations of discrimination and sexual harassment at the workplace; 20 more individuals are also facing some forms of disciplinary action. In a letter to employees, Activision… Read More ›
In a statement videogame publisher Activision Blizzard along with the U.S. Equal Employment Opportunity Commission (EEOC) said, they have agreed to settle claims over sexual harassment and discrimination in the company’s workplace. Under the agreement, Activision has committed to create a… Read More ›
In a statement the U.S. Securities and Exchange Commission (SEC) said, the units of three broker-dealer and investment advisory firms have agreed to pay hundreds of thousands of dollars in penalties to settle charges over cybersecurity failures. The SEC had… Read More ›
In a statement, a spokesperson for Swiss banking giant Credit Suisse said, the bank has reached an out-of-court settlement with former star banker Iqbal Khan over allegations of spying that led to the resignation of its CEO Tidjane Thiam. “Everybody involved… Read More ›
On Thursday, Toshiba Corp shareholders voted in favor of an independent investigation into allegations of investors being pressured ahead of last year’s annual general meeting. The development could potentially spur more shareholder activism. This is the fourth time a shareholder… Read More ›
On Tuesday, a group of investors are set to ask a French court to back its $1.2 billion (1 billion euros) claim in damages from Vivendi, alleging that the media giant made false financial statements during a merger deal twenty… Read More ›
In a significant development, U.S. Attorney General William Barr authorized federal prosecutors to pursue investigations into “substantial allegations of voting and vote tabulation irregularities,” while urging prosecutors not to chase “fanciful or far-fetched” claims. Barr’s letter to prosecutors marks the… Read More ›
While Office Depot will pay $25 million, Support.com will be paying $10 million. The U.S. Federal Trade Commission stated, Office Depot Inc and Support.com Inc, a software firm, have agreed to pay $35 million to settle its charges that they… Read More ›
Germany will not take a hasty decision vis-a-vis Huawei, said a source. As per a source from the German government, it is unlikely that the German goverment will take a quick decision on whether to allow emabattled Chinese telecom equipment… Read More ›
Although Nissan’s board fired Ghosn as its chairman as well as Kelly as its representative director; technically both are still board members and can be only removed by shareholders. On Wednesday, Nissan’s former director Greg Kelly was examined at a… Read More ›
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