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The CEO fielded tough questions from rattled staffers at an all-hands meeting.

Silicon Valley Bank’s collapse damaged First Republic as well, its stock plummeting by nearly $100 a share.

Embracing corporate responsibility doesn’t have to mean completely overhauling your company.

The Biden administration is escalating its pressure campaign against TikTok, threatening a U.S. ban against the world’s most popular app if the company doesn’t split with its Chinese ownership. The current administration’s public concerns around the hit app have ratcheted up considerably in recent days. The Wall Street Journal reported this week that the U.S. […]

The US government ramps up its pressure campaign against TikTok by Taylor Hatmaker originally published on TechCrunch

Last night, CNBC broke the bombshell news that Virgin Orbit was pausing operations for at least a week while it looked for funding to support the business. As part of that pause, company executives reportedly told staff in an all-hands meeting that they were being furloughed – and that it would be unpaid. The news […]

At Virgin Orbit, it never should’ve come to a staff furlough by Aria Alamalhodaei originally published on TechCrunch

MindGeek — owner of several adult entertainment sites including Pornhub, Brazzerz and Redtube — was acquired by a Canadian private equity firm, Ethical Capital Partners (ECP). ECP, which was formed last year, did not disclose the terms of the deal. “In MindGeek, we have identified a dynamic tech brand that is built upon a foundation […]

Pornhub owner MindGeek sold to private equity firm by Amanda Silberling originally published on TechCrunch

One TikToker pointed out a major flaw in Twitter’s dissolution of its HR department.

Google’s security research unit is sounding the alarm on a set of vulnerabilities it found in certain Samsung chips included in dozens of Android models, wearables and vehicles, fearing the flaws could be soon discovered and exploited. In a blog post, Google’s Project Zero head Tim Willis said the in-house security researchers found and reported […]

Google warns users to take action to protect against remotely exploitable flaws in popular Android phones by Zack Whittaker originally published on TechCrunch

The U.S. government asked the company to divest from its Chinese ownership, including its parent company, Beijing-based ByteDance, or potentially be banned from operating in the country.

Behavioral economist shares best practices for addressing corporate fraud, as well as some real-world examples of how this issue has affected companies.