Meta Platforms CEO Mark Zuckerberg was sued Monday by the Washington, D.C. Attorney General’s office for privacy violations stemming from the Cambridge Analytica Scandal, which allowed the now-defunct consulting firm aligned with former President Donald Trump to improperly collect data on tens of millions Facebook users. D.C. Attorney General Karl Racine sued Facebook in 2018 over the same...
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Inside the Culture Clash at JPMorgan and WePay
When JPMorgan Chase struck a $400 million deal to buy WePay in late 2017, it pledged that the Bay Area fintech would become “Chase’s payments innovation incubator in Silicon Valley,” helping the country’s biggest bank compete with surging startups Stripe and Square and payments companies like PayPal. But it didn’t all go to plan. As the bank tried to digest the...
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