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Texas woman awarded $1.2 billion in revenge porn case

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A Texas jury has delivered a groundbreaking verdict in favor of a woman, awarding her an unprecedented $1.2 billion in a revenge porn case.

Identified only as DL in court documents, the woman filed a harassment lawsuit against her former boyfriend in 2022. She alleged that he engaged in revenge porn, sharing intimate photos of her online as a means of public humiliation following their breakup.

The legal victory is being hailed as a significant triumph for victims of “image-based sexual abuse,” according to attorneys involved in the case. Lead trial lawyer Bradford Gilde noted that while it’s unlikely the full judgment will be recovered, the compensatory verdict holds immense value in restoring DL’s reputation.

Original damages case

Originally seeking $100 million in damages, the legal team expressed hope that the substantial verdict would serve as a strong deterrent, discouraging others from participating in such reprehensible behavior.

Court documents reveal that DL and her ex-boyfriend began their relationship in 2016. During their time together, she had shared personal photos with him. After their breakup in 2021, he allegedly posted these private images on social media and adult websites without her consent.

Furthermore, he distributed links to the images through a publicly accessible Dropbox folder, sending them to her friends and family. The former partner was also accused of unauthorized access to DL’s phone, social media accounts, email, and even the camera system in her mother’s residence, which he exploited to surveil her.

The accused

The accused did not appear in court and was unrepresented by an attorney, as reported by US media. In response to the lawsuit, he was ordered to pay $200 million for past and future mental anguish, along with $1 billion in exemplary damages.

Notably, substantial settlements have been achieved in prior US revenge porn cases. In 2018, a California woman received a $6.8 million award after her former partner shared explicit photos of her on pornographic websites.

DL’s case underscores the complexities and emotional toll of revenge porn incidents. With limited recourse from local law enforcement, she turned to civil litigation. In 2016, approximately 10 million Americans reported being victims of non-consensual or revenge porn, with a significant number of them being women aged 18 to 29, according to a study by the Data & Society Research Institute.

 

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Money

Tech giants drive global mega-cap surge amid inflation relief

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Tech giants have taken the lead in propelling global mega-cap stocks to new heights.

This surge comes as a welcome relief for investors who have been closely monitoring the impact of rising inflation on the financial markets.

The tech sector, including giants like Apple, Amazon, and Microsoft, has been instrumental in driving the rally. These companies have reported robust earnings and strong growth prospects, which has boosted investor confidence. As a result, the market capitalization of these tech behemoths has reached unprecedented levels, contributing significantly to the overall rise in global mega-cap stocks.

The easing of inflationary pressures has played a pivotal role in this resurgence. Central banks’ efforts to tame inflation through monetary policy adjustments have begun to bear fruit, reassuring investors and stabilizing financial markets. As concerns over rapidly increasing prices recede, investors have become more willing to invest in mega-cap stocks, particularly in the tech sector, which has demonstrated resilience in the face of economic challenges.

Will the tech giants maintain their momentum and continue to lead the mega-cap surge, or are there potential risks on the horizon?

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Money

Real reason bosses want employers back in the office

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As the world gradually recovers from the pandemic, employers are increasingly pushing for their staff to return to the office after years of remote work.

 
The driving force behind this push is the sharp decline in commercial property values, which has left many businesses concerned about their real estate investments.

Commercial property values have plunged in the wake of the pandemic, with many companies downsizing or reconsidering their office space needs.

This has put pressure on employers to reevaluate their remote work policies and encourage employees to return to the office. #featured

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Businesses cash in on Black Friday sales

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Black Friday, the annual shopping frenzy, has become a global phenomenon rooted in economic strategies.

 
Retailers deploy various tactics to lure consumers, creating a win-win scenario for both shoppers and businesses.

The concept of Black Friday traces its roots to the United States, where it marks the beginning of the holiday shopping season. Retailers offer significant discounts on a wide range of products to attract a massive customer influx. This strategy, known as loss leader pricing, involves selling a few products at a loss to entice customers into stores, hoping they will buy other items at regular prices.

Retailers also employ the scarcity principle by advertising limited-time offers and doorbuster deals. This sense of urgency compels consumers to make quick decisions, boosting sales.

Furthermore, online shopping has revolutionized Black Friday economics. E-commerce giants use data analytics to customize deals, targeting individual preferences. Cyber Monday, the digital counterpart to Black Friday, capitalizes on the convenience of online shopping. #featured

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