By David Shepardson WASHINGTON The Republican chairmen of two House of Representatives panels on Friday urged President Joe

By Dawn Chmielewski Netflix Inc shareholders on Thursday withheld their support for the company's executive pay package, in

Elon Musk’s X has agreed to attempt to settle a lawsuit by former employees who say the company cheated them of severance pay following mass layoffs. After taking over Twitter, which he rebranded X recently, Mr Musk cut nearly two-thirds of the social media company’s workforce from about 8000 to 2,000, claiming he had “no choice” as the company was losing $4m per day. “Everyone exited was offered 3 months of severance, which is 50 per cent more than legally required,” Mr Musk said. Many laid-off employees, however, publicly announced they never got the severance they were due to get. In the months that followed, the company was hit by several lawsuits, including one alleging the layoffs disproportionately targeted women. Now, months after urging Twitter, the company has agreed to try and settle, according to a memo sent by Shannon Liss-Riordan, who represents the laid-off workers. The labour and civil rights attorney, representing nearly 2,000 ex-employees, said X would attempt to settle with the laid-off staff. “After 10 months of pressing them in every direction we have succeeded in getting Twitter to the table,” she wrote in the memo cited by Bloomberg. Further schedule for the mediation remains unclear, but reports suggest negotiations could happen on 1 and 2 December. X did not immediately respond to The Independent’s request for comment. Some ex-employees have alleged Twitter did not pay them promised severance either. One employee said earlier this year that he had “never even seen a severance letter let alone been offered severance”. While some former staff attempted to resolve the issue by first filing a class-action lawsuit against X, their contracts with Twitter, however, required that disputes be resolved via arbitration. “We are very proud to be representing nearly 2,000 former Twitter employees, in individual arbitrations as well as more than a dozen class action lawsuits in court,” Ms Liss-Riordan had earlier said in a statement, adding that lawyers and former staff were working to recover “what they are owed”. Read More Musk the messiah (or a very naughty boy?) Elon Musk ignores reporter after claims he stopped Ukrainian attack on Russia Elon Musk was on brink of death after catching malaria on South African safari, book claims Musk the messiah (or a very naughty boy?) Elon Musk warns of ‘civilisational risk’ posed by AI at historic gathering Musk was on brink of death after catching malaria on safari, book claims

For most teenagers Minecraft remains just a hobby, but one Ukrainian schoolboy’s love for the game has meant he can now afford to buy his homeless mother a house. Lomond School pupil Maksym Gavrylenko has made a “substantial” sum after selling the server he ran from his bedroom, which allows gamers from all over the world to connect to and play together on, with friends. The 17-year-old boarding school pupil said: “I am very proud that I was able to turn my passion into a profitable business and I plan on treating my mother. “As a result of the war, she was forced to flee her home, leaving her homeless, so to buy her a property will make all the hours spent on this project worthwhile.” She is currently staying with friends in Portugal, but intends to settle close to her son. Other family members of Maksym’s remain in his war-torn homeland. His grandparents would not leave Kyiv, having lived there their whole lives, and his sister stayed in the country as her partner had to sign up to defend Ukraine. Making enough money from selling the gaming company he set up to buy his mother a house was something he never expected, the teenager said, with he and his friends embarking upon the project for fun. “We never imagined it would develop into a viable business opportunity, but with guidance from my brother who works in tech, and the school, I was encouraged to explore the possibilities to turn it into something bigger,” Maksym said. His success comes after he moved from Ukraine to Scotland in 2021 and bought a little-used Minecraft server for £1,000, and in the years that followed he and two friends made changes which resulted in a huge rise in players. Along with this, advertisers were attracted to the server, and its value increased. And because of the influx, Lomond School said a lucrative offer was made by a tech firm, which was accepted in May this year. I have no doubt that this won’t be the last we hear about one of Maksym’s business ventures Johanna Urquhart, Lomond School principal Now with one business success under his belt, Maksym wants to expand on his knowledge by going to university and has applied to a mixture of UK and overseas universities. “I don’t know what the future holds, but I’ve always had an interest in business having worked as a part-time translator and a writer in Ukraine,” said the student, who studies at the school in Helensburgh, in Argyll and Bute. “As well as having a passion for gaming, I really enjoyed the entrepreneurial side of our project, and I have applied to universities around the world to study business management.” His preferred choice for university is south of the border in England. Johanna Urquhart, Lomond School principal, said what Maksym had achieved was “absolutely incredible”. “I have no doubt that this won’t be the last we hear about one of Maksym’s business ventures,” she said. Read More Ukraine-Russia war news – latest: Putin’s troops ‘swept away’ in flooding from dam collapse, says Kyiv Watch live view of flooding in Kherson after destruction of Dnipro river dam Massive destruction after Ukraine dam collapse revealed in new satellite images

By Siddharth Cavale NEW YORK Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion

LOUISVILLE, Colo.--(BUSINESS WIRE)--Jun 16, 2023--

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Sep 7, 2023--

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By Brenda Goh SHANGHAI (Reuters) -China's Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud

Boston Metal, a startup that has developed a method to make low- or no-carbon steel using electricity, said

Pricing the streaming options is a headache.

Climate change threatens to exacerbate political instability, particularly in the Pacific region where rising temperatures pose an “existential