The FinTech Hub
Source: The Verge Meta has fired “roughly 20” employees who leaked “confidential information outside the company,” according to a spokesperson. “We tell employees when they join the company, and we offer periodic reminders, that it is against our policies to leak internal information, no matter the intent,” Meta spokesperson Dave Arnold tells The Verge exclusively….
Source: The Verge DoorDash is paying restitution after keeping tips from as many as 63,000 of its New York delivery workers thanks to a settlement with the New York Attorney General’s office, The New York Times reports. Attorney General Letitia James announced on Monday that DoorDash will pay $16.8 million, which will be spread across…
Source: The Verge Mark Flores sits at the kitchen table drawing birthday cakes. At 44, he loves to draw circles, a skill he’s mastered over the past decade of his life. His thick black hair is neatly combed like the Superman cartoon on his T-shirt. Grasping thick Crayola markers, he lines up small circles in…
Source: The Verge During a Q&A with employees earlier this week, one of Meta’s top executives gave an ominous warning. After lamenting “a tremendous number of leaks” from inside the company, CTO Andrew Bosworth said that, while he didn’t want to “ruin the surprises,” the company was “making progress on catching people.” Since Mark Zuckerberg’s…
Source: The Verge Amazon has agreed to pay the District of Columbia $3.95 million to settle a lawsuit alleging that the retail giant had stolen more than $60 million in tips intended for its Flex delivery drivers. DC Attorney General Brian L. Schwalb announced the settlement today, which includes $2.45 million in penalties and requires…
Source: The Verge With new U.S. Executive Orders, court decisions, and many companies making changes to their DEl programs in recent weeks, we sat down with Fiona Cicconi to learn how Google is thinking about this. Can you tell us how we’re thinking about this across the company? First, I want to be clear: we’ve…
Source: The Verge Elon Musk has an uncanny ability to sort out which of America’s rules are real. It turns out punishment from the National Labor Relations Board isn’t real, punishment from NASA isn’t real, and punishment from the FAA isn’t real. The Delaware Chancery Court is extremely real. Based on the past two weeks,…
Source: The Verge Companies have been cutting costs. | Photo by Natt Garun / The Verge Over the last couple years, it feels like we’ve heard news of mass layoffs and hiring freezes from tech companies nearly every week, and since the beginning of 2024, there’s been a new wave of layoffs and firings. In…
Source: The Verge Moments after Meta CEO Mark Zuckerberg’s all-hands comments to employees were widely leaked, a company executive warned in an internal memo that leakers will be fired. “We take leaks seriously and will take action,” Meta’s chief information security officer, Guy Rosen, said in an internal memo I’ve seen. “When information is stolen…
Source: The Verge American Federation of Government Employees (AFGE), the union representing 750,000 federal employees, told members on Wednesday to not resign via an email sent to them by the US Office of Personnel Management. The email sent on Tuesday prompted employees to resign from service by accepting a “deferred resignation” offer in which they…
