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News in-depthTikTok Inc
TikTok staff face big US tax bills on shares they cannot sell
...It has regularly granted shares to employees in the form of restricted stock units....
April 9, 2024
PDD Holdings
Ex-workers at Temu owner PDD suffer surveillance and financial ruin over non-competes
...They suggest Pinduoduo has repeatedly used surveillance on former workers who leave for rivals and then lawsuits to enforce non-competes and stifle competition....
March 11, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthUK crime
Cryptocurrencies play ‘endemic role’ in organised crime, says Met Police
...“Drugs, guns, girls and workers . . . there has been growing evidence that there has been the emerging use of crypto within those fields as well.”...
October 18, 2023
ByteDance
ByteDance extends employee share buyback programme to non-US workers
...In many cases, individuals have not been able to sell enough shares to cover their tax liabilities....
April 11, 2024
UK economy
More than a quarter of UK employees subject to non-compete clauses
...One case concerns suspected breaches of competition law by television producers and broadcasters in their hiring of freelancers....
January 25, 2024
#techAsia
Huawei goes ‘007’ and TSMC gets a grant Premium content
...Thousands of US TikTok workers and former workers have been saddled with eye-watering tax liabilities — totalling more than $100,000 in some individual cases — on shares in the company that they were awarded...
April 11, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Transcript
Transcript: Tesla dip — blip or bust?
...But while the cost of living crisis is easing up across the region, that’s not the case for all sectors. Service workers are pressing for higher wages, driving up costs in more labour-intensive areas....
April 4, 2024
Due Diligence
Shell has a London problem Premium content
...Instead of a windfall, in many cases workers have been unable to sell shares to even cover their tax liabilities. Many owe six-figure sums on income they have not received....
April 10, 2024
Markus Jooste
Shock death of disgraced Steinhoff chief denies South African prosecutors day in court
...The immense loss of worker retirement savings exposes a critical failing in governance.”...
March 22, 2024
Intel Corp
German patent court rules against Intel over some of its chips
...components at the expense of consumers, workers, national security and the economy,” Intel said....
February 7, 2024
Vietnam
Corruption purge and tycoon’s $12bn bank fraud trial shake Vietnam
...Vietnam has been plagued by corruption for decades, but the “scale of the case is shocking”, said Linh Nguyen, associate director at consultancy Control Risks....
March 20, 2024
John Sawers
The real threat to Israel’s existence comes from Iran, not Hamas
...Israel has a military case for attacking the remaining Hamas battalions sheltering in Rafah. They are organised military units who pose a security threat....
April 5, 2024
McDonald's Corp
McDonald’s dismissed 18 UK staff following probe into toxic culture
...Investigations into 249 staff complaints since July are still ongoing, of which 27 relate to cases of sexual harassment, Macrow added....
November 14, 2023
Disrupted Times
Economy moves to centre stage ahead of UK general election
...Microsoft has hired DeepMind co-founder Mustafa Suleyman to run its new consumer AI unit....
March 20, 2024
Starbucks Corp
Starbucks seeks to break ‘impasse’ in contract talks with union baristas
...The board and federal judges issued injunctions in a handful of cases, ordering Starbucks to reinstate 34 fired employees, while dozens of cases are awaiting decisions. Starbucks has denied wrongdoing....
December 8, 2023
FT Live
FTWeekend Festival
Where the FT Weekend paper comes to life
Saturday, 7 September London, UK
Japanese business & finance
Japan’s small EV battery suppliers feel the heat in race for scale
...Toyota aims to increase its battery EV sales 15-fold by 2026 compared with 2023 levels to 1.5mn units....
April 24, 2024
Borderlands
How Mexico’s ‘kabuki pantomime’ fails to stop US-bound migrants
...It advocates for more legal pathways for workers and attention to causes of the problem....
April 21, 2024
Boeing Co
‘It ain’t working’: Boeing’s quality pledges in question after Max 9 incident
...Boeing laid off thousands of workers during Covid, including final assembly workers, said Scott Hamilton of aviation consultancy Leeham News....
January 15, 2024
Autumn Statement
Hunt in political ‘gamble’ with no new money for NHS England
...Instead, the government said it was giving NHS trusts, an organisational unit of different health services, £800mn to help prepare for the winter....
November 22, 2023
FT Magazine
Samad Akrach will not let the dead be forgotten
...“We have to stop for supplies,” said Akrach, jumping out and opening the door to a rented storage unit....
December 15, 2023
Undercover EconomistTim Harford
The data confirms we’re stuck in a ‘doom loop’
...As for emergency cases, there was a longstanding target that fewer than 5 per cent of people would wait longer than four hours to be admitted, transferred or discharged after attending an A&E unit....
November 10, 2023
News in-depthIsrael-Hamas war
‘Start-up Nation’ goes to war
...In other cases, start-ups are turning their technological prowess to the war effort, with the country’s world-class cyber security sector emerging from its military and intelligence services....
October 13, 2023
FirstFT
FirstFT: Counting the cost of the US car strikes
...starting and temporary workers....
October 31, 2023
InterviewNetherlands
Europe at risk from Israel-Hamas war, warns Dutch justice minister
...“You have to show that you are supporting Israel in this case. So you just raise the flag and show this is one front against terrorism.”...
October 22, 2023
Natural gas
European gas price tumbles as fears of Australian LNG strike subside
...The Alliance is confident that this is the case,” said Brad Gandy, a spokesman for the alliance....
August 24, 2023

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