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[Breaking] Rajiv Luthra to pay Mohit Saraf Rs 52 crore and a bank guarantee of Rs 25 crore as an interim settlement: Delhi High Court
Rajiv Luthra shall, before Saturday, pay to Mohit Saraf a sum of Rs 52 crore and furnish an unconditional, irrevocable bank guarantee of a sum of Rs 25 crore, encashable in terms of the award of the arbitral tribunal adjudicating disputes between the parties; Mohit Saraf shall cede any right to reinstatement to L&L firms; …
Daimler to pay Nokia patent fees, ending German legal spat
Daimler (DAIGn.DE) has agreed to pay Nokia (NOKIA.HE) for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies. Nokia, which makes 1.4 billion euros ($1.7 billion) in licensing revenues every year, and carmaker Daimler had sued each other in German courts in recent years, …
Alibaba freezes executive pay amid China’s curbs on big tech -sources
Chinese e-commerce giant Alibaba Group Holding has frozen pay for senior executives in 2021 and is instead giving junior staff bigger salary increases, sources said, in an effort to preserve its workforce amid a regulatory clampdown. Hundreds of top-tier executives at Alibaba are not entitled to salary hikes this year, unless they performed extraordinarily, four …
New bill aims to pay pharmacists under Medicare for providing health services
A new House bill aims to reimburse pharmacists under Medicare for providing services in medically underserved communities. The bill, introduced Thursday, enables pharmacists to deliver Medicare Part B services already authorized by state laws. “In rural and underserved areas like those that I represent, access to a primary care doctor can be challenging and pharmacists …
Infrastructure: White House defends hiking taxes on corporations to pay for plans, but signals it’s open to compromise
“I’m wide open, but we’ve got to pay for this,” Biden told reporters following his remarks about the American Jobs Plan. “There are many other ways we can do it. I’ve come forward with the best, most rational way in my view, the fairest way to pay for it. But there are many other ways …
Facebook Is Betting On Brain-Control Technology. Will It Pay Off?
AI (Artificial Intelligence) concept. Deep learning. Mindfulness. getty Brain-Controlled Interface (BCI) technology—or technology that allows us to control our devices with our minds—is very promising. In fact, tech giants and VCs are pouring millions of dollars into it. Facebook is so interested in the technology that, in 2019, it spent between $500M to $1B to acquire CTRL-labs, …
Report: Packers pay Aaron Rodgers his $6.8 million roster bonus
Getty Images A report Monday indicated the Packers are working on a restructure of Aaron Rodgers‘ contract. The Packers easily could have reworked the quarterback’s deal last Friday if they had wanted. Rob Demovsky of ESPN said the team paid Rodgers’ $6.8 million roster bonus as is rather than converting it into …
George Floyd settlement: Minneapolis City Council agrees to pay $27 million to his estate
George Floyd’s brother, Philonise Floyd, said that he would return the settlement millions if it meant he could see his brother again. “I thank the state of Minnesota for getting this settlement taken care of,” he said. “But even though my brother is not here, he’s here with me in my heart. Because if I …
With bitcoin breaking $US50,000, even sceptics must pay attention
Predictably, MicroStrategy’s stock now often moves in response to bitcoin prices, which is a little weird for a company previously known for cloud computing and business intelligence software. The average CFO isn’t interested in waking up to a plunge in an asset that’s supposed to be part of the company’s cash cushion. Many corporate treasurers …
Breaking down what a name change to McCarran International Airport could mean and who will pay for it
by: Christian Cazares, Nikki Bowers Posted: Feb 15, 2021 / 08:58 PM PST / Updated: Feb 15, 2021 / 09:05 PM PST LAS VEGAS (KLAS) — Efforts to rename McCarran International Airport could happen in a vote as early as Tuesday. A Clark County commissioner is pushing to honor former United States Senator Harry Reid. …
