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Snapchat Users In Illinois Get $35 Mln Settlement Over Privacy Issue

Behold: A Handy 2022 Midterms Election Date Calendar, Just for You

The 2022 midterms are the first majorly important cluster of elections since President Joe Biden won the White House back in November 2020. Though it was an epic win for Democrats, the party now faces strong headwinds in its quest to keep control of both chambers of Congress amid the ongoing pandemic and mixed economic indicators this season.

Across the states, people will be voting for these seats in addition to a bevy of governors and secretaries of state—two roles that will undoubtedly hold massive power, especially in future elections (like, say, the 2024 presidential election). Before we shift focus to the larger general election on November 8, it’s integral that these couple of months of primaries are a focal point for every single person able to vote.

Here are the key 2022 midterms dates to know:

March 2022

April 2022

May 2022

    June 2022

    July 2022

    August 2022

    September 2022

    November 2022

    December 2022

    Williams-Sonoma Inc. Reveals Increase In Q2 Profit

    Williams-Sonoma Inc. (WSM) revealed a profit for its second quarter that increased from last year

    The company’s earnings totaled $267.1 million, or $3.87 per share. This compares with $246.1 million, or $3.21 per share, in last year’s second quarter.

    The company’s revenue for the quarter rose 9.7% to $2.14 billion from $1.95 billion last year.

    Williams-Sonoma Inc. earnings at a glance (GAAP) :

    -Earnings (Q2): $267.1 Mln. vs. $246.1 Mln. last year.
    -EPS (Q2): $3.87 vs. $3.21 last year.
    -Revenue (Q2): $2.14 Bln vs. $1.95 Bln last year.

    Guess’, Inc. Q2 Profit Decreases, misses estimates

    Guess’, Inc. (GES) released earnings for second quarter that decreased from last year and missed the Street estimates.

    The company’s bottom line totaled $23.96 million, or $0.35 per share. This compares with $61.06 million, or $0.91 per share, in last year’s second quarter.

    Excluding items, Guess’, Inc. reported adjusted earnings of $22.87 million or $0.39 per share for the period.

    Analysts on average had expected the company to earn $0.45 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

    The company’s revenue for the quarter rose 2.2% to $642.69 million from $628.62 million last year.

    Guess’, Inc. earnings at a glance (GAAP) :

    -Earnings (Q2): $23.96 Mln. vs. $61.06 Mln. last year.
    -EPS (Q2): $0.35 vs. $0.91 last year.
    -Analyst Estimates: $0.45
    -Revenue (Q2): $642.69 Mln vs. $628.62 Mln last year.

    -Guidance:
    Next quarter EPS guidance: $0.55
    Full year EPS guidance: $2.65

    Hyundai And Kia Recall Over 280,000 Vehicles Due To Fire Risk

    South Korean auto manufacturers Hyundai and Kia have recalled over 280,000 Palisade, Telluride vehicles due to fire risk.

    The auto makers have advised the owners of the recalled cars to park their vehicles outside and away from structures because they may burst into flames, the National Highway Traffic Safety Administration said.

    The recall affects 245,030 vehicles of Hyundai’s Palisade SUV model years 2020-2022 and 36,417 vehicles of Kia’s Telluride SUV model of the same years, according to the NHTSA.

    The recalled vehicles were potentially equipped with a tow hitch harness installed as original equipment, or purchased as an accessory through a Hyundai dealership. Debris and moisture accumulation on the tow hitch harness module printed circuit board (PCB) may cause an electrical short, which can result in a fire.

    As an interim repair, dealers will inspect the tow hitch module and remove the fuse, as necessary, free of charge. The final remedy is currently under development.

    The Korean automakers reported 25 fires or melting incidents in the U.S. and Canada, but no crashes or injuries.

    NVIDIA Corporation Q2 Income Retreats

    NVIDIA Corporation (NVDA) released a profit for second quarter that decreased from the same period last year

    The company’s bottom line totaled $0.66 billion, or $0.26 per share. This compares with $2.37 billion, or $0.94 per share, in last year’s second quarter.

    Excluding items, NVIDIA Corporation reported adjusted earnings of $1.29 billion or $0.51 per share for the period.

    The company’s revenue for the quarter rose 2.9% to $6.70 billion from $6.51 billion last year.

    NVIDIA Corporation earnings at a glance (GAAP) :

    -Earnings (Q2): $0.66 Bln. vs. $2.37 Bln. last year.
    -EPS (Q2): $0.26 vs. $0.94 last year.
    -Revenue (Q2): $6.70 Bln vs. $6.51 Bln last year.

    Snapchat Users In Illinois Get $35 Mln Settlement Over Privacy Issue

    Snapchat users in the state of Illinois who made use of filters or lenses may get a payout. Illinois agreed upon a $35 million settlement with Snapchat in August, in a class action lawsuit over how user data was collected.

    The lawsuit alleged that Snapchat’s filters and lenses violated the state’s Biometric Information Privacy Act or BIPA by collecting and storing biometric data without users’ consent. Illinois has strict laws regarding collection of residents’ biometric information, including fingerprints, iris and retina scans, and face scans.

    The state law needs companies to tell people in writing why their biometric data is being collected and how long it will be kept and restricts the sale and transfer of the data.

    Illinois residents who used lenses and filters between November 17, 2015, and now may be eligible for a cut of the settlement, estimated to be between $58 and $117, said the Chicago Tribune. The settlement still needs final approval, but users who think they may be eligible have until September 24 to submit a claim.

    Snapchat denies that it violated BIPA and company spokesperson Pete Boogaard said Snapchat lenses “do not collect biometric data that can be used to identify a specific person, or engage in facial identification.” Boogaard adds that data used by lenses stays on a user’s mobile device and isn’t sent to Snap’s servers.