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In an unexpected turn, the New York Stock Exchange said Monday that it no longer intends to delist China’s three major telecoms operators, a decision that was originally announced on December 31. The initial action targeted China Mobile, China Unicom and China Telecom as part of the Trump adm

Google employees take another step in their activism, Venmo adds a check-cashing feature and Slack has some issues. This is your Daily Crunch for January 4, 2021. The big story: Hundreds of Google and Alphabet employees unionize More than 200 employees at Google and its parent compa

A court in Italy has dealt a blow to unalloyed algorithmic management after a legal challenge brought by three unions. The Bologna court ruled that a reputational-ranking algorithm used by on-demand food delivery platform Deliveroo discriminated against gigging delivery workers by breaching local l

One Way Ventures, a venture capital firm that backs immigrant founders, has closed its second fund at $57.5 million. The close comes three years after One Way announced its debut fund, a $28 million investment vehicle. The new fund will allow One Way to grow their check size from $500,000 to $1 mil

A group of more than 200 Google and Alphabet workers have announced the formation of the Alphabet Workers Union, The New York Times first reported. With the help of Communication Workers of America Union’s Campaign to Organize Digital Employees (CODE-CWA), the union will be open to both emplo

Hellllooooo, 2021! Welcome back to Human Capital, a weekly newsletter that details the latest in the realms of labor, diversity and inclusion. Not a ton happened this week so I figured I'd use the time to look back on some of the more notable labor stories of 2020. Sign up to re

SoftBank Group is reportedly investing $200 million to bail out Katerra, a startup that had hoped to remake the construction industry with a vertically integrated approach, according to a report in The Wall Street Journal. Katerra’s shareholders reportedly approved the new investment on Wedne

Samsung Electronics vice chairman Jay Y. Lee faces a nine-year prison term in the bribery case that contributed to the downfall of former president Park Guen-hye. Prosecutors argued that the length of the sentence is warranted because of Samsung's power as the largest chaebol, or family-owned c

The Qatar Investment Authority is investing $125 million into energy storage systems integrator and power management tech developer, Fluence, in a deal that will value the company at over $1 billion. The joint venture between the American independent power producer, AES Corp. and the German industr

How do you make a virtual event accessible for people who are blind or visually impaired? When I started work on Sight Tech Global back in June this year, I was confident that we would find the answer to that question pretty quickly. With so many virtual event platforms and online ticketing options

Tech got dragged into yet another irrelevant Congressional scuffle this week after President Trump agreed to sign a bipartisan pandemic relief package but continued to press for additional $2,000 checks that his party opposed during negotiations. In tweets and other comments, Trump tied a push for

Tony Fadell can’t stop thinking about what’s next in tech. The man credited with creating the iPod, building the iPhone and founding the smart-home company, Nest, had tried to retire before he started his latest venture, Future Shape, but found that retirement didn’t really take.

European Union lawmakers have set out the biggest update of digital regulations for around two decades — likening it to the introduction of traffic lights to highways to bring order to the chaos wrought by increased mobility. Just switch cars for packets of data. The proposals for a Digital

Amazon is planning to extend its computer science program Future Engineer to India, demonstrating its growing interest in the education space in the world's second-largest internet market. In a job recruitment post, the company said that initial research for Amazon Future Engineer, through whic