Filing: TikTok's European revenue grew to $4.57B in 2023, up from $2.6B in 2022; losses grew to $1.3B, up from $512M YoY; ByteDance set aside $1B for EU fines
Iain Martin / Forbes : X: @_iainmartin X: Iain Martin / @_iainmartin : Bytedance has set aside the ten-figure sum to pay regulatory fines in Europe while facing a barrage of investigations and lawsui...
The European Court of Justice rules against Google, keeping a 2017 decision for a €2.4B fine for Google abusing monopoly power to crush rival shopping services
and an existential crisis Verdict : Apple and Google lose EU court battles over combined $17bn Tom Jowitt / Silicon UK : Google Must Pay €2.4bn Fine, EU Court Rules Luke Jones / WinBuzzer : Google Fai...
UMG, Sony, and other record labels sue Verizon for $2.6B+ over allegations of violating copyright law by continuing to serve customers accused of pirating music
Lawsuit: One user's IP address was identified in 4,450 infringement notices. — Major record labels sued Verizon on Friday …
Filing: Sun Microsystems co-founder Andreas Bechtolsheim settles with the US SEC for alleged insider trading on Cisco's $2.6B offer to buy Acacia in 2019
- Early Google investor barred from executive, board roles — Bechtolsheim agrees to settlement with SEC including fine
Waymo clarifies it wants $1.859B in damages from Uber, not $2.6B, as Uber told the court last week
John Mannes / TechCrunch :
Waymo is seeking about $2.6B from Uber for the alleged theft of one of several trade secrets in its lawsuit against the company, according to an Uber lawyer
just for starters Mallory Locklear / Engadget : During a hearing today wherein Alphabet's self-driving unit Waymo asked … Tweets: Ryan Lawler / @ryanlawler : Considering how much money Uber has raised...