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AMAZON SHAREHOLDER SUES
Amazon's massive layoffs; Founders cash in IPOAmazon will cut tens of thousands of corporate roles in a major workforce reshuffle. This and more in today's ETtech Top 5.- Intel beats shareholder lawsuit over $32 billion stock plungeIntel's stock price sank 26% last August 2, one day after the chipmaker announced more than 15,000 layoffs and suspended its dividend, hopi...
- Amazon shareholder sues board, Bezos over Blue Origin launch contractsAn Amazon shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors failed to fully vet a decision...
- Till debt do us part: will startups go the PharmEasy way, and other top tech & startup stories this weekThis week’s ETtech newsbreak on PharmEasy going for a rights issue at a price 90% lower than its peak valuation of $5.6 billion to repay de...
- Tata to infuse $2 billion into super-app Neu; tech firms slashed over 1.5 lakh jobs this yearTata Group is planning to infuse another $2 billion into its super app venture Tata Neu, news agency Bloomberg reported, citing people fami...
- Twitter sues Indian govt; ED raids Vivo offices in money-laundering caseLast week we reported that the Indian government had given Twitter until July 4 to heed its takedown requests or lose immunity from prosecu...
- Making C-suite roles lucrative: In 2018, Elon Musk changed the way CEOs got paidMany companies opened the floodgates for what they paid their leaders in 2021.
- Amazon sues ED; tech IPOs 'need better pricing disclosures'Amazon has sued the ED, accusing it of conducting a "fishing and roving inquiry" and asking the Delhi High Court to quash the probe.
- Zomato’s $500m bet on Grofers, Sebi's missive on IPO adsZomato, which has twice tested—and aborted—its own grocery delivery service since the start of the pandemic, is now in talks to invest up t...
- Sebi proposes new rules for startup IPOs; SoftBank eyes Indian fintechIndia's markets regulator has made several proposals for startup IPOs in a paper it released on Tuesday.
- Govt-Twitter faceoff escalates over India IT rulesIn today's ETtech Morning Dispatch, Twitter and Google break silence on India's IT rules after WhatsApp sues government; the board of BigBa...
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