Category Business

Twitter severance comes in short of what many expected

After more delays this week, some former Twitter employees finally received formal severance agreements on Saturday after months of waiting, according to several sources familiar with the matter. However, the compensation was lower than expected, and the email ended up…

Jack Ma cedes control of  fintech giant Ant Group

Jack Ma is giving up control of Ant Group Co., as the billionaire retreats from his online empire following China’s unprecedented tech crackdown. The company is offering 10 individuals, including founders, management and staff, independent voting rights, effectively removing Ma’s…