Remove 2004 Remove Fraud Remove Operations Remove Taxes
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NYC Taxi Commission Accused Of $810 Million Fraud

PYMNTS

She’s alleging the city profited by that same amount selling medallions and by collecting a 5% tax on third-party transfers. A taxicab medallion is a numbered plate required to operate a yellow cab. The price of an individual taxi medallion sold at an auction skyrocketed 240 percent from 2004 to 2014, from $283,300 to $965,000.

Fraud 223
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Why Authentication And Real-Time Tracking Are Key To API Security

PYMNTS

The share of B2B transactions conducted via check has fallen 50 percent since 2004 and hit an all-time low of 42 percent last September, for example. B2B payments traditionally involved tedious manual bookkeeping and companies had to ensure they were deposited correctly and accounted for on their taxes. API security.

Security 151
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Lycos simply couldn’t compete with better offerings from the likes of Google, and in 2004, Terra sold Lycos for a meager $95M. By 2004, Vivendi was burdened with debt and sold 80% of Vivendi-Universal Studios to GE. stock-for-stock deal. AOL and Time Warner. Date: February 11, 2000. Price: $164B.

Google 76
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing. Table of contents. The disruption of the IPO.

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11 Lessons From Startup Chapter 11s

CB Insights

The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In January 2019, Munchery abruptly ceased all operations, as it informed customers via email. By September 2011, Solyndra’s business model had fallen apart.

Apple 78