The Federal Trade Commission is suing Walmart for sitting by while scammers bilked customers out of more than $197 million, the agency alleged in a statement on Tuesday. It’s seeking […]
Drama
Trending topics and news from the Drama category
Back to news homeTesla lays off nearly 200 Autopilot workers, shutters San Mateo office
Tesla has gutted the data annotation team working on Autopilot, laying off nearly 200 employees and shutting down the San Mateo, California office where they worked. The layoffs, first reported […]
After several bruising months, industry analysts see Zendesk sale as pressure release
When Zendesk announced it had been acquired by a consortium of private equity firms on Friday for $10.2 billion, it seemed a sudden and jarring end for a company that […]
Zendesk’s final selling price is a warning shot for unicorns
Zendesk this morning agreed to sell itself to an investor consortium for $10.2 billion in cash, or $77.50 per share. The deal comes months after the U.S. software company declined […]
Zendesk punished by investors after vowing to remain independent
The Zendesk ownership saga took several new turns this week, with an external investor, Jana Partners, agitating against the company, a review of its strategic options coming to a close, […]
Wow, Facebook really knows how to give someone a send-off!
So much for that touching goodbye post to Sheryl Sandberg that Mark Zuckerberg posted just 9 days ago, when after a 14-year run at Facebook — now Meta Platforms — […]
Judge says former Tesla worker has 2 weeks to accept $15M payout over racial abuse
A federal judge told Owen Diaz, a former elevator operator at Tesla, that he has two weeks to decide whether he wants to accept $15 million in damages over racial […]
NHTSA probes Tesla Autopilot crash that killed three people
A U.S. federal agency is investigating a crash involving a 2022 Tesla Model S that may have been operating in Autopilot during a crash that killed three people. Autopilot is […]
Twitter is protecting its source code from disgruntled employees, reports say
Twitter locked down its source code to prevent unauthorized changes, sources familiar with the matter told Bloomberg. The reports say that this change was made to prevent employees from “going […]
NFT aggregator Gem acquired by OpenSea shortly after ousting co-founder for sexual misconduct
OpenSea, the largest NFT marketplace, acquired NFT aggregator Gem to “better serve” its more experienced users, the company said in a blog post. The deal, which comes a few months […]