Twitter’s former CEO, CFO add to ‘staggering’ number of suits Musk, X face over nonpayment

Former senior executives of Twitter are suing Elon Musk and X Corp., saying they are entitled to a total of more than $128 million US in unpaid severance payments. Twitter’s former CEO Parag Agrawal, chief financial officer Ned Segal, chief legal counsel Vijaya Gadde and general counsel Sean Edgett claim in the lawsuit filed Monday that … Read more

McDonald’s eyes record global expansion in coming years, with more focus on delivery

McDonald’s is expecting to go through a growth spurt. The Chicago-based burger giant wants to establish thousands of new locations around the globe in the next few years, aiming to have 50,000 locations operating by 2027. That’s up roughly 25 per cent from more than 40,000 McDonald’s locations in operation today. The company says its anticipated expansion would represent the … Read more

Spotify CFO Paul Vogel leaving the company after mass layoffs

San Francisco: Music streaming platform Spotify’s chief financial officer (CFO) Paul Vogel is leaving the company after massive layoffs this week and according to Spotify CEO Daniel Ek, Vogel didn’t have the experience needed to help the company expand and meet market expectations. Vogel will depart at the end of March 2024. The development came … Read more