Former Twitter chairman is suing X for $20 million over pay he says was ‘wrongfully withheld’ The lawsuit alleges that X has refused to pay out Omid Kordestani’s stock, which accounted for the majority of his compensation. cheyenne macdonald Sat, Aug 10, 2024 Reuters / Reuters Omid Kordestani, who was Twitter’s executive … Continue reading Former Twitter chairman is suing X for $20 million over pay he says was ‘wrongfully withheld’
Intel will cut over 15,000 jobs in a sweeping cost-cutting effort The company’s Q2 net loss was $1.6 billion. anna washenko Fri, Aug 2, 2024 ASSOCIATED PRESS In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, … Continue reading Intel will cut over 15,000 jobs in a sweeping cost-cutting effort
July 30, 2024 Meta agrees to $1.4 billion settlement with Texas over privacy violations Texas Attorney General Ken Paxton brought the suit against Meta in February 2022 for unlawfully capturing Texas users’ biometric data without obtaining their informed consent as required by law. BY Jessica Bursztynsky Meta agreed to a record $ 1.4 billion settlement with … Continue reading Meta agrees to $1.4 billion settlement with Texas over privacy violations
July 28, 2024 How the UPC barcode revolutionized global commerce over the past 50 years While the barcode didn’t herald the end times, as conspiracy theorists once fretted, it did usher in a new age in global commerce. BY The Conversation The first modern barcode was scanned 50 years ago this summer—on a 10-pack of chewing … Continue reading How the UPC barcode revolutionized global commerce over the past 50 years
X is in hot water in the EU over blue checkmarks and ads The bloc says the company is also violating the Digital Services Act by making things difficult for researchers. kris holt Fri, Jul 12, 2024 Anadolu via Getty Images X is the latest notable tech company to land in trouble with … Continue reading X is in hot water in the EU over blue checkmarks and ads
July 09, 2024 Frozen chicken recalled over listeria fears: Toss these kebab and patty products right now A Canadian importer is recalling more than 2,000 pounds of ready-to-eat food due to potential contamination. BY Tracy Brown Hamilton Al-Safa US, an importer based in Mississauga, Ontario, is recalling more than 2,000 pounds of imported frozen ready-to-eat chicken … Continue reading Frozen chicken recalled over listeria fears: Toss these kebab and patty products right now
July 02, 2024 Union sues Philadelphia over return to offices full-time mandate The union, which represents 6,000 administrative and supervisory employees, also filed an unfair-practices complaint with the Pennsylvania Labor Relations Board. BY Associated Press A union that represents thousands of Philadelphia city employees asked a judge Tuesday to block Mayor Cherelle Parker’s requirement that they … Continue reading Union sues Philadelphia over return to offices full-time mandate
EU could soon charge Meta over ‘pay or consent’ model Sophie Atkinson Tech Journalist The European Union is set to charge Meta, the parent company of Facebook and Instagram, with breaking its landmark Digital Markets Act. The Financial Times on Monday (July 1) citeds people with direct knowledge of the matter with preliminary findings … Continue reading EU could soon charge Meta over ‘pay or consent’ model
June 28, 2024 Uber and Lyft settle with drivers over pay and benefits in a Massachusetts lawsuit The settlement includes a minimum hourly wage of $32.50 as well as benefits. BY Associated Press Drivers for Uber and Lyft will earn a minimum pay standard of $ 32.50 per hour under a settlement announced … Continue reading Uber and Lyft settle with drivers over pay and benefits in a Massachusetts lawsuit
June 26, 2024 DoorDash was interested in taking over U.K.’s Deliveroo DoorDash made the approach to Deliveroo, but talks ended after disagreement on valuation. BY Reuters U.S. meal delivery group Doordash flagged an interest in a takeover of Britain’s Deliveroo last month, two people familiar with the matter told Reuters. San Francisco-based Doordash made the approach … Continue reading DoorDash was interested in taking over U.K.’s Deliveroo
