Thursday, September 5, 2024

A San Francisco federal judge rules that X must face a class action age bias suit by around 150 older workers who were laid off by the company in 2022 (Daniel Wiessner/Reuters)

Daniel Wiessner / Reuters:
A San Francisco federal judge rules that X must face a class action age bias suit by around 150 older workers who were laid off by the company in 2022  —  A federal judge in San Francisco has ruled that roughly 150 older workers who were laid off by social media platform X when Elon Musk acquired …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...