Payout

Creator card is designed for people making money through TikTok Live, some of whom have complained of delays in paymentsTikTok and Visa have launched a debit card for content creators in the UK that they say will allow people to quickly access their earnings from the platform.The creator card is designed for the growing numbers of people making money through TikTok Live, a live streaming feature where creators receive virtual gifts from viewers that are later converted into cash. Continue reading...

Filings suggest manufacturers’ lending arms have massively underestimated bill from FCA’s £9.1bn redress schemeCarmakers are under pressure to drum up £3bn to cover payouts for motor finance scandal victims after failing to adequately prepare for a UK-wide compensation scheme that is due to begin this summer.Company filings show the lending arms of big vehicle manufacturers including Ford, BMW, Stellantis and Volkswagen may have massively underestimated the final costs of the financial regulator’s £9.1bn redress scheme. Continue reading...

Details about compensation for personal injury awarded to UK school staff revealed by NASUWTA teacher who became ill from a rat infestation and another who was injured after a pupil threw a toaster and chair are among UK school staff who received a share of £15m paid out in compensation.The details were revealed by the NASUWT union ahead of its annual conference in Birmingham later this week, and relate to successful claims for unfair dismissal, redundancy, discrimination, personal injury and health and safety. Continue reading...

Prosecutors say they paid ‘slammers’ to intentionally crash into tractor-trailers and file fraudulent lawsuitsSign up for the Breaking News US email to get newsletter alerts in your inboxA federal jury in New Orleans has found two personal injury attorneys guilty of involving themselves in a scheme to stage collisions with 18-wheelers and then collect settlement payouts.The lawyers, Jason Giles and former Hollywood stuntwoman Vanessa Motta, were found guilty on Friday of fraud, obstruction of justice and witness tampering, local news outlets WVUE and WWL Louisiana – a Guardian reporting partner – reported. Their law firms were convicted of related charges. Continue reading...

One of the best-paid executives in Hollywood has already made $113m after selling shares in WBD this monthBusiness live – latest updatesDavid Zaslav, the chief executive of Warner Bros Discovery, is in line for a $700m (£525m) payday from the $110bn sale of the Hollywood studio to Paramount Skydance.Zaslav could receive $34.2m in cash severance payments, $115.8m in vested stock and $517.2m in unvested share awards once the deal is complete, according to a filing from Warner Bros Discovery on Monday. Continue reading...