Sam Bankman-Fried’s Island Haven Is Drawing Scrutiny After FTX Demise

Detta inlägg post publicerades ursprungligen på denna sida this site ; Sam Bankman-Fried loved living in the Bahamas. Shacked up in his luxury penthouse with nine FTX colleagues, he could wander Nassau without being hassled. And the Bahamas loved Bankman-Fried, Läs mer…

Big Tech Layoffs Are Hurting Workers Far Beyond Silicon Valley

Detta inlägg post publicerades ursprungligen på denna sida this site ; Across Silicon Valley, tech companies are slashing their workforces in a bid to cut costs in anticipation of a global economic downturn. Social media giant Meta announced earlier this Läs mer…

Elon Musk Has Inherited Twitter’s India Problem

Detta inlägg post publicerades ursprungligen på denna sida this site ; One night last February, Indian police showed up at the home address of a Twitter employee in New Delhi. There, the employee was served with a legal notice and Läs mer…

TikTok’s Subcontractor in Colombia Under Investigation for Traumatic Work

Detta inlägg post publicerades ursprungligen på denna sida this site ; Colombia’s Ministry of Labor has launched an investigation into TikTok subcontractor Teleperformance, relating to alleged union-busting, traumatic working conditions and low pay, first revealed by TIME and the Bureau Läs mer…

Zuckerberg Says ‘Sorry’ as Meta Begins Slashing Over 11,000 Jobs

Detta inlägg post publicerades ursprungligen på denna sida this site ; Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said the company will cut more than 11,000 jobs in the first major round of layoffs in the social media giant’s Läs mer…

Elon Musk Sells $3.95 Billion Worth of Tesla Stock

Detta inlägg post publicerades ursprungligen på denna sida this site ; Twitter’s new owner and Tesla CEO Elon Musk has sold nearly $4 billion worth of Tesla shares, according to regulatory filings. Musk, who bought Twitter for $44 billion, sold Läs mer…

Twitter Bans Accounts Mocking ‘Free Speech Absolutist’ Elon Musk

Detta inlägg post publicerades ursprungligen på denna sida this site ; Days after Elon Musk declared that “comedy is now legal on Twitter,” the platform banned several comedians for parody tweets in which they impersonated its new owner. Among the Läs mer…

Jack Dorsey Apologizes for Growing Twitter ‘Too Quickly’ Amid Mass Layoffs

Detta inlägg post publicerades ursprungligen på denna sida this site ; Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk. Läs mer…

Elon Musk Plans to Eliminate Half of Twitter Jobs to Cut Costs

Detta inlägg post publicerades ursprungligen på denna sida this site ; Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company’s workforce, in a bid to drive down costs following his $44 Läs mer…