Business
- BusinessFortune
Amazon should be forced to disclose how Jeff Bezos and others were instructed to use the Signal disappearing-message app, FTC says
The regulator's request is the latest salvo in the antitrust lawsuit between the agency and the tech giant.
2-min read - BusinessTechCrunch
Zomato's quick commerce unit Blinkit eclipses core food business in value, says Goldman Sachs
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato's quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank's sum-of-the-parts analysis. The investment bank estimates Blinkit's implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato's food delivery business is valued at Rs 98 per share. Goldman previously pegged Blinkit's valuation at $2 billion in March 2023.
3-min read - BusinessTechCrunch
The FTC's ban on noncompete clauses could be good for startups. But it also might be struck down.
The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can't require their employees, that aren't senior executives, to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC's ruling will impact industries like financial services and hedge funds the most, due to the prevalence of such agreements in those industries, it could also impact startups.
4-min read - BusinessWBTW Myrtle Beach
“He wanted to basically sit back and collect money” former employees speak out
MYRTLE BEACH, S.C. (WBTW) — Former employees of a local pool company at the center of a News13 investigation have come forward to share what it was like to work for Cascade Custom Pools and its owner Chris Harrington. Tim Deaner said he was hired for Harrington’s Cascade Hauling company last year in July. But […]
3-min read - NewsWKRN articles
‘You are barely surviving’: New report shows thousands do not make livable wage
Nashville residents are seeing a widening gap in the city's affordability and quality of life, according to a newly released 2023 Community Needs Evaluation.
2-min read - NewsBBC
Tribunal judge accused of bullying and misogyny
Five women have told the BBC about Judge Philip Lancaster's behaviour at employment tribunal hearings.
6-min read - BusinessKLAS articles
Uber Eats hit with class action lawsuit in Las Vegas over ‘imposter’ restaurants
A class action lawsuit filed against Uber Eats, delivery drivers and "imposter" restaurants includes racketeering allegations that dishonest operations have been going on for years.
2-min read