FILE PHOTO: Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's "Milestone Celebration Dinner" in WashingtonThe worker, Chris Smalls, said he was fired in retaliation for his activism.
Electric scooter startup Bird laid off 30% of staff as it tries to keep enough cash to last until the end of 2021Bird said it is providing four weeks of pay, three months of health coverage and an extended time frame of 12 months for laid-off workers to exercise their stock options. The NY attorney general's office sent a letter to Zoom asking what new security measures the company has put in place, if any, to handle its huge surge in usage.
Apple has broken with convention and is allowing some employees to take home prototypes of its newest devicesAccording to Bloomberg, the company has famously shunned home working to ensure secrecy around product launches, but has been forced to change this policy due to the pandemic.The social media giant has deleted tweets from Brazilian President Jair Bolsonaro and Rudy Giuliani in recent days.
Airbnb is paying hosts $250 million after they criticized the company for leaving them on the hook for coronavirus cancellationsAirbnb will pay hosts 25% of what hosts normally would have received through the site's own cancellation policies for trips with March check-in dates.
One third of investors pulled out of UK seed deals this month amid fears the coronavirus could trigger a global recessionSeed funding has dropped 22% around the world since January, according to data from the investment-analysis firm CB Insights.Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings.
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Source: BusinessInsider - 🏆 729. / 51 Read more »