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Twitter founder Jack Dorsey is running into some serious issues while overhauling his financial services company, #Block.
Earlier this month, the company started laying off its staff as part of what Bloomberg characterized as an “efficiency push,”
potentially affecting up to ten percent of the company’s workforce.
It’s been a painful, drawn-out process that could drag on for weeks, sources to…

@Mediagazer@mstdn.social
2026-01-23 03:56:06

Filing: Disney CEO Bob Iger's pay package rose 11.5% in 2025 to $45.8M; the Disney board is expected to name his successor early this year (Todd Spangler/Variety)
variety.com/2026/biz/news/disn

@primonatura@mstdn.social
2026-01-22 12:00:41

"Indonesia sues 6 companies over alleged links to deadly floods & landslides"
#Indonesia #Environment

@Techmeme@techhub.social
2026-01-22 06:25:56

A year after the DeepSeek shock following R1's release, US tech companies still lead in AI chips, model quality, and sales, with no change in investment trends (Chris Miller/Barron's Online)
barrons.com/articles/deepseek-…

@simon_brooke@mastodon.scot
2025-11-23 08:44:54

Thinking about giving to folk in #Gaza; quite complicated feelings. Firstly, we do *have* to give, and give personally, because conventional charities are not effectively getting relief to Gaza -- presumably because they are being blocked by #Israel -- and because our governments are doing nothing.
Bu…

Navigating 10-foot flames,
he arrived at the crashed
cyber truck.
But the bulletproof door,
opened electronically by a hidden push button,
wouldn’t budge.
washingtonpost.com/technology/

@Techmeme@techhub.social
2026-01-22 10:10:52

Filing: PhonePe reports H1 FY 2026 revenue up 22% YoY to ~$427.5M, a ~$157M loss, and 657.6M users; the payments company plans to sell 50.7M shares in its IPO (Rajesh Mascarenhas/Bloomberg)
bloomberg.com/news/articles/20

@Mediagazer@mstdn.social
2026-01-22 13:30:56

Filing: Paramount extends the deadline for WBD shareholders to vote on its $30-per-share offer to February 20 (Dade Hayes/Deadline)
deadline.com/2026/01/paramount

In the latest defense filing,
Luigi Mangione's lawyers claim
Pam Bondi was a partner at the lobbying firm
Ballard Partners
before she became attorney general,
and the company lists UnitedHealth Group (UHG) as a client.
As a result,
Bondi derives and continues to receive personal and financial benefits from Ballard
"in the form of a profit-sharing plan from Ballard's professional association with UHG,"
according to cour…

@Techmeme@techhub.social
2025-12-22 11:30:37

Sequoia, a16z, and other VC firms invested $1.2B into police and public safety tech startups over the past year, following the success of Palantir and others (Abram Brown/The Information)
theinformation.com/briefings/a