Month: July 2022

Workers in North Carolina, Maryland and Kentucky bid to become unionized as criticism of retail monolith grows In the wake of a historic union election victory at the Amazon JFK8 warehouse in Staten Island, New York, more Amazon workers in the US are trying to replicate that success with their own organizing campaigns in other …

‘Don’t quit. Organize’: Amazon union push spreads it wings after New York success Read More »

Elon Musk says he no longer wants to buy Twitter – but the social media platform has changed the world, made us laugh, and made us furious. We look at some of its landmark moments In April, when Elon Musk announced plans to buy Twitter, the platform’s users instantly divided into two clear camps: those …

What Elon’s giving up: Twitter’s best moments – from Boaty McBoatface to Trump’s ban Read More »

Scammers impersonate Europol officers, going for quantity over quality, exploiting a design flaw in telecoms infrastructure One recent summer afternoon, Christof Bock, a 38-year-old Berlin-based data engineer, picked up an incoming call from an unfamiliar number. Over a crackly line, he was informed in English that his ID and bank details had been found in …

‘Europol ploy’: mass phone scam defrauds Germans of millions of euros Read More »

Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed In the gloom of an 18th-century drawing room at the private rehab clinic Castle Craig, near Peebles in the Scottish Borders, Roy, a 29-year-old victim of the global …

‘They couldn’t even scream any more. They were just sobbing’: the amateur investors ruined by the crypto crash Read More »

World’s richest man posts series of memes after legal team confirmed plans to pull plug on Twitter takeover Elon Musk’s silence over his attempt to bail out on purchasing Twitter for $44bn is no more. Early on Monday, the world’s richest man went on the social media platform he claims he is no longer trying …

Elon Musk laughs off Twitter lawsuit threat in wake of $44bn pullout Read More »

Exclusive: Mark MacGann says he has decided to speak out about firm to ‘right some fundamental wrongs’ Mark MacGann, a career lobbyist who led Uber’s efforts to win over governments across Europe, the Middle East and Africa, has come forward to identify himself as the source who leaked more than 124,000 company files to the …

The Uber whistleblower: I’m exposing a system that sold people a lie Read More »

Billionaire finds platform he no longer wants to buy useful after termination of $44bn takeover Elon Musk just couldn’t help himself on Monday morning. Having announced the termination of his $44bn takeover of Twitter, he took to the platform he no longer wants to buy and mocked its likely legal response. Musk’s tweet to his …

How laughing Elon Musk got serious about ending Twitter deal Read More »

‘Buy now, pay later’ firm, once Europe’s most valuable private tech company, valued at less than $7bn Klarna, the “buy now, pay later” fintech darling that was once Europe’s most valuable private tech company, has seen its value slashed by 85% to less than $7bn in its latest round of fundraising. The company, which has …

Klarna sees its value slashed by 85% in latest round of fundraising Read More »

Leak shows how the former Labour minister used his access to pro-Kremlin oligarchs, including some now under sanctions Even before Uber’s top executives arrived in Davos in January 2016, its bosses were trying to secure invitations to the exclusive party hosted by the billionaire Russian metals magnate Oleg Deripaska. Famous for its free-flowing vodka, the …

The Moscow moves: how Mandelson’s firm helped Uber reach Russian elite Read More »

More than 124,000 confidential documents leaked to the Guardian Files expose attempts to lobby Joe Biden, Olaf Scholz and George Osborne Emmanuel Macron secretly aided Uber lobbying in France, texts reveal Company used ‘kill switch’ during raids to stop police seeing data Former Uber CEO told executives ‘violence guarantees success’ A leaked trove of confidential …

Uber broke laws, duped police and secretly lobbied governments, leak reveals Read More »