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Tencent Says It Fired More Than 100 Employees on Suspicion of Graft

Tencent, China’s social network and gaming giant, said it had fired more than 100 employees on suspicion of graft. The Chinese tech giant said that it investigated 60 cases since the last quarter of 2019 and turned 40 employees to police for investigation. The revelations come against a backdrop of the government’s nationwide years-long anticorruption drive that has netted government...

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Musk Leaves Twitter Staff Without Equity Plan as Deadline Looms
Art by Shane Burke. Photo by Bloomberg
Shortly after Elon Musk bought Twitter last fall, he promised Twitter staff that they could look forward to the kind of stock rewards employees at SpaceX—another private company Musk runs—enjoy. But as Musk’s ownership of Twitter nears the end of its third month, he has yet to release details of the new stock compensation plan, according to several employees. Employees at...
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CEO Maju Kuruvilla. Photo: Getty Images
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Bolt CEO Cuts Staff a Third Time as Revenue Lags
Bolt, the one-click checkout startup that slashed staff at least twice last year as growth fell short of its goals , laid off around 10% of employees on Tuesday, or at least 50 people, according to two people with direct knowledge.
Photo via Shutterstock.
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Microsoft Plans Security Features, Wider Release for Its OpenAI-Powered Coding Tool
ChatGPT has generated headlines and hype since its release last year, with its humanlike responses to written prompts.
Jonathan Kanter, assistant attorney general of antitrust for the US Department of Justice, speaks during a news conference on January 24. Photo by Bloomberg.
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Photo by Bloomberg.
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