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X Agrees To Settle Lawsuits By Sacked Employees
Business Standard
|September 15, 2023
Elon Musk's X has agreed to try to settle claims by thousands of former Twitter employees who say they were cheated of severance pay when the billionaire laid them off after acquiring the social media platform last year, according to a memo by a lawyer for the workers seen by Bloomberg News.
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"After 10 months of pressing them in every direction we have succeeded in getting Twitter to the table," attorney Shannon Liss-Riordan wrote in the memo to her clients, which was obtained from a former Twitter employee who declined to be identified disclosing confidential information. "Twitter wants to mediate with us i
Denne historien er fra September 15, 2023-utgaven av Business Standard.
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FLERE HISTORIER FRA Business Standard
Business Standard
Govt may do away with exception for small cars in CAFE 3 norms
Formula tweak under discussion to set lenient targets for vehicles weighing less than 1,299kg
3 mins
January 22, 2026
Business Standard
US won't use force to take Greenland: Trump in Davos
US President Donald Trump on Wednesday said America will not use force to take Greenland and stressed that only America can protect the mineral-rich island, which is at the centre of escalating geopolitical tensions with Europe.
2 mins
January 22, 2026
Business Standard
Rise in land area transacted in '25 despite dip in transaction number
India witnessed an increase in the land area transacted in 2025, with real-estate developers closing a lesser number of deals but acquiring larger land parcels compared to the previous year, according to a report by Anarock.
1 min
January 22, 2026
Business Standard
Sensex EPS growth at its weakest in nearly 5 yrs
Accordingto analysts, thishad created a wedge between index underlying earnings, its valuation, and the index movement.
1 mins
January 22, 2026
Business Standard
Niti suggests ₹13K cr schemes for MSME decarbonisation
Proposes ₹6,000 crore for viability gap funding and 7,000 crore for anew PM-Suryaghar-like scheme
2 mins
January 22, 2026
Business Standard
Dr Reddy’s profit down 14% on low Lenalidomide US sales
Pharma major Dr Reddy’s Laboratories (DRL) reported a 14 per cent year-on-year (Yo-Y) drop in consolidated net profit to ₹1,210 crore in the December quarter of FY 2025-26 (Q3FY26) on low sales of cancer drug Lenalidomide in the North American market.
1 mins
January 22, 2026
Business Standard
Matter to unveil 2 new e-mobikes in 2 years
Electric motorcycle (e-mobike) maker Matter Motor Works plans to launch two new e-mobikes over the next two years, its Founder and Chief Executive Officer (CEO) Mohal Lalbhai said on Wednesday, adding that the company is also looking to invest around $150 million over the next two to three years.
1 min
January 22, 2026
Business Standard
India flags ‘huge mountain of debt’ in developed nations as matter of concern
INDIA AT DAVOS
2 mins
January 22, 2026
Business Standard
Water ‘bankruptcy' era has begun for billions, say scientists
A new era has begun of “global water bankruptcy,’ with humans depleting freshwater systems to the point they can’t recover, according to a new United Nations report.
2 mins
January 22, 2026
Business Standard
EU 'fully prepared' to hit back over Trump's Greenland tariffs, threats
The European Union (EU) is ready to strike back at US President Donald Trump over his tariff threats as he seeks to take Greenland, European Commission President Ursula von der Leyen said, toughening her rhetoric against the US president.
3 mins
January 22, 2026
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