Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

x elon musk twitter ireland

Ex-Twitter exec awarded $600,000 after being fired for not replying to Musk's "hardcore" email

Agree to Twitter 2.0 or lose your job
In brief: Former Twitter platform X has been ordered to pay an ex-employee in Ireland more than €550,000 ($602,640) in an unfair dismissal case. The one-time senior executive at the company was found to have been dismissed unfairly after he failed to click "yes" on an email from Elon Musk confirming that staff were willing to be part of the new "hardcore" work culture.
intel lawsuit class action shareholder intel foundry

Intel faces shareholder class-action lawsuit for allegedly concealing foundry business problems

Intel execs are accused of making "materially false and misleading" statements
What just happened? Things are going from bad to worse for Intel. In addition to the nightmare that is the Raptor Lake CPU crisis and the backlash over eliminating 15,000 jobs, the company is now being sued by shareholders over accusations it fraudulently concealed problems in its foundry business.
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