Technology

More than 1,200 Amazon delivery drivers have been laid off in recent months after the company cut contracts with several small delivery companies across the country.  Amazon informed at least seven firms that are a part of its Delivery Service Partner (DSP) program that it was severing their contracts. The companies announced they’d be laying
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U.S. Secretary of State Mike Pompeo speaks during a joint press conference as part of a meeting with the Prime Minister of Czech Republic Andrej Babis in Prague, Czech Republic, on August 12, 2020. Petr David Josek | AFP | Getty Images U.S. Secretary of State Mike Pompeo said President Donald Trump’s executive orders against TikTok
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Uber Technologies CEO Dara Khosrowshahi outside the New York Stock Exchange ahead of the company’s IPO, May 10, 2019. Uber would likely shut down temporarily for several months if a court does not overturn a recent ruling requiring it to classify its drivers as full-time employees, CEO Dara Khosrowshahi said in an interview with Stephanie Ruhle Wednesday
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Nora Tam | South China Morning Post | Getty Images Tesla announced a five-for-one stock split on Tuesday evening. The split goes into effect on August 31. Tesla shares rose more than 6% in post-market trading even though the stock split changes nothing fundamental about the stock. Theoretically, the move could mean more smaller investors
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A California judge granted a preliminary injunction Monday requiring Uber and Lyft to stop classifying their drivers as independent contractors pending further action by the court. The order will take effect after 10 days, as the companies requested a brief stay during the appeals process. If upheld, the ruling could have serious implications for Uber and Lyft,
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Waymo engineer Paul Roales says he’s doubling down on local involvement in Silicon Valley’s Mountain View, where many large tech companies are headquartered. Paul Roales When Waymo engineer Paul Roales got word that he and employees from sister company Google would be working from home until the summer of 2021, his first reaction wasn’t to
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Sundar Pichai and Tim Cook Source: Reuters; Apple President Donald Trump issued an executive order on Thursday ordering U.S. firms to stop doing business with popular Chinese apps TikTok, owned by ByteDance, and WeChat, owned by Tencent.  This comes after Secretary of State Mike Pompeo said earlier in the week that he was calling on American
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