Jack Dorsey business target of Hindenburg report

Tech billionaire Jack Dorsey is facing scrutiny, after a report accuses the payments company he leads of inflating user numbers and catering to criminals.came from short-seller Hindenburg Research, which is known for taking on high-profile targets such as Indian tycoon Gautam Adani.Block, which former Twitter boss Mr Dorsey co-founded in 2009 and leads as chief executive, said it was exploring legal action against Hindenburg for the "factually inaccurate and misleading report".

Formerly known as Square, Block made its name with a sleek, small white credit card reader that became popular among vendors at farmer's markets, and other small businesses, allowing the firm to fetch a nearly $3bn valuation when it listed on the stock exchange in 2015. Hindenburg alleged Block provided misleading statistics on its users which it claimed had been linked to criminal activity such as sex trafficking.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Jack Daniel's and dog toy company go head to head in US Supreme CourtThe dog toy resembling a JD bottle had the court's justices chuckling as they explored how much protection should be given to those that rip off trademarks they do not own. Whisky business that ripping off a big company Good, I’m hope the dog toy manufacturer goes bankrupt. It’s theft of IPO and degrades an amazing brand.
แหล่ง: SkyNews - 🏆 35. / 67 อ่านเพิ่มเติม »