Internet
Amazon must reinstate fired worker who led protest over working conditions, judge rules
Amazon workers at Amazon’s Staten Island warehouse strike in demand that the facility be shut down and cleaned after one staffer tested positive for the coronavirus on March 30, 2020 in New York. Angela Weiss | AFP | Getty Images Amazon has been ordered to reinstate a worker who was fired after leading a protest […]
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National Urban League urges Twitter to reject Elon Musk’s bid over civil rights concerns
National Urban League President and CEO Marc Morial. Getty Images Twitter’s board of directors should consider rejecting Elon Musk’s bid for the social media company because of the harm his ownership could have on users’ civil rights, said Marc Morial, president of the National Urban League. In a letter on Monday to Twitter Chairman Bret […]
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It seems unlikely Musk will get private equity funding for Twitter purchase
Brendan Smialowski | Afp | Getty Images It “seems unlikely” Musk will get help from private equity firms with his $43 billion bid to buy Twitter and take it private, according to CNBC’s David Faber. “The more I report, the less I believe there’s anybody else that really could show up here,” Faber said on […]
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Germany’s SAP joins western corporate exodus from Russia
Uwe Anspach | picture alliance | Getty Images Business software group SAP plans to exit Russia completely in response to Moscow’s invasion of Ukraine, although it said on Tuesday it might be possible for Russian users to run its software for years without support. SAP joined a long list of companies, including rival Oracle last month in […]
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Fintechs are under pressure to stop Russian sanctions evasion. This start-up raised $94 million to help
Fintechs have come under increased pressure to address Russian sanctions evasion, particularly amid concerns that their controls may be more lax than that of banks. Kirill Kudryavtsev | Afp | Getty Images LONDON — Seon, a start-up that helps fintech companies like Revolut tackle online fraud, has raised $94 million to develop new tools for […]
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Amazon to conduct racial equity audit led by former AG Loretta Lynch
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will conduct a racial equity audit of its hourly workforce after shareholders urged the company to provide more transparency into how its policies impact diversity, equity […]
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Apple workers at New York’s Grand Central store take steps to unionize
People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Drew Angerer | Getty Images Workers at Apple’s flagship Grand Central Terminal retail store in New York City are taking steps to unionize, teeing up a potential labor battle with the iPhone maker. Organizers, who have dubbed […]
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Etsy sellers eye forming a union after going on strike
Illustrator Alex Kittle is putting her Etsy shop on “vacation mode” as part of a weeklong strike which has garnered the support of thousands of sellers. Alex Kittle In late February, Kristi Cassidy logged onto Reddit and made a call to action to people who sell their goods on Etsy. A day earlier, Etsy had […]
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U.S. officials link North Korean hackers to $615 million cryptocurrency heist
A photo illustration showing the North Korean flag and a computer hacker. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images North Korean state-backed hacking collective Lazarus Group is linked to a massive cryptocurrency hack that led to the theft of $615 million in digital assets, U.S. officials allege. The Treasury Department’s Office of […]
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We’re all gonna make it? Crypto bosses say the ‘tide is turning’ on regulation
Changpeng Zhao, founder and CEO of Binance, speaks at the Blockchain Week Summit in Paris, France, on April 13, 2022. Benjamin Girette | Bloomberg | Getty Images PARIS — The crypto world may have turned a corner when it comes to regulation. The bosses of several major crypto companies told CNBC regulators are beginning to […]
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