Retired Lt. Gen. Michael Flynn filed a $50 million claim against the Department of Justice and FBI, claiming they engaged in “malicious prosecution” as his lawyer signaled that he may file a lawsuit. A notification was filed Feb. 22 by Flynn (pdf), the former head of the Defense Intelligence Agency, naming the FBI, Justice Department, former…
Raymond James Lists Key Takeaways From Qualtrics’ Proxy Filing
Qualtrics International Inc.’s April 15 proxy filing also disclosed new ACV and retention metrics pertinent to investors, Raymond James observed. Qualtrics added $365.1 million in new software ACV billings in 2021, effectively aligning with the target performance level of $365.0 million. Total research services billing of $160.1 million also were effectively in-line with the target performance level of…
Tesla’s Bitcoin Holdings Worth Nearly $2 Billion: Filing
Tesla Inc. said on Monday the fair market value of the electric-vehicle maker’s bitcoin holdings as of Dec. 31 was $1.99 billion. In its annual filing with the U.S. Securities and Exchange Commission, Tesla, which had invested $1.50 billion in bitcoin last year, said it registered about $101 million in impairment losses last year due…
Facebook, Google CEOs Aware of Formal Advertising Market Deal: Court Filing
January 14, 2022
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WASHINGTON—Chief executives of both 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 who have filed an antitrust lawsuit against Google. The deal with Facebook, which Google called Jedi Blue, was signed off by Google CEO…
IRS Commissioner: No Plans to Extend Tax-Filing Season Like Last Year
Americans shouldn’t expect another extended tax-filing season, according to testimony given by the head of the Internal Revenue Service (IRS) Tuesday. “We have no present plans to extend the filing season,” IRS Commissioner Charles Rettig told lawmakers in Washington. “Keep in mind, it creates a lot of confusion for taxpayers. It also backs up the…
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