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Lets start with some big developments happening in brussels today, with tech firms bracing themselves for another round of european regulations as the eu unveils its Digital Services and Digital Markets acts. The European Union says the new legislation will overhaul the digital market, including how tech giants operate. It will focus on competition and making platforms responsible for hosted content. Its notjust the eu thats clamping down, here in the uk the government is bringing forward a new bill which could see tech giants fined up to 10 of their global turnover, if they fail to protect users or remove harmful content. And in the us, the federal trade commission has ordered nine tech companies, including amazon and facebook, to hand over information as part of a new review of consumer privacy. Last year, facebook ....
Former Wells Fargo & Co CEO Tim Sloan filed a lawsuit on Friday accusing the bank of failing to pay him more than $34 million after he resigned in 2019 amid a wide-ranging sales practices scandal.. ....
Ex-Wells Fargo CEO sues bank for $34 million in withheld pay, stock By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
Former Wells Fargo & Co CEO Tim Sloan filed a lawsuit on Friday accusing the bank of failing to pay him more than $34 million after he resigned in 2019 amid a wide-ranging sales practices scandal. Sloan in the lawsuit filed in California state court says Wells Fargo canceled stock awards and withheld a bonus he had earned before stepping down. Wells Fargo in a statement said that "compensation decisions are based on performance, and we stand by our decisions in this matter." ....