Hertz to buy 65,000 electric cars from Polestar

new York CNN Business — Swedish electric car maker Polestar is selling up to 65,000 electric vehicles to Hertz over the next five years, the companies announced Monday. The move follows an order Hertz placed for 100,000 electric cars made by Tesla in October 2021. Polestar CEO Thomas Ingenlath previously told Automotive News Europe that … Read more

Disney-branded hand sanitizers recalled due to carcinogen

CNN — Two lots of Disney-branded hand sanitizer featuring Mickey Mouse and baby Yoda from The Mandalorian have been voluntarily recalled by Best Brands Consumer Products, according to a company statement shared by the Food and Drug Administration (FDA). FDA testing detected the presence of benzene in The Mandalorian branded product and methanol in the … Read more

Amazon CEO Andy Jassy’s total compensation topped $212 million last year

CNN Business — Amazon (AMZN) CEO Andy Jassy received a pay package valued at $212.7 million in 2021, marking a substantial compensation increase for the executive during his first year running the tech giant, according to a company filing with the US Securities and Exchange Commission on Friday. Nearly all of Jassy’s compensation comes in … Read more

Amazon union vote counts are underway for two warehouses

CNN Business — Amazon has gone 27 years without a union in the United States. Now it’s about to find out whether workers at two warehouses have voted to unionize. Vote tallies in a union election at an Amazon warehouse in Staten Island, New York, and a do-over election at facility in Bessemer, Alabama, are … Read more

Etsy Sellers Are Striking Over Transaction Fee Hikes

Photo: SOPA Images (Getty Images) The makers of your favorite personalized pillow cases and DIY jewelry on Etsy are preparing for a digital strike in protest of what they see as exorbitant seller fees. Organizers say the strike will begin on April 11. For the duration of the protest, they are planning to put their … Read more

The GR Corolla Is Coming This Thursday

We’ve seen tease after tease for the upcoming GR Corolla, but Toyota hasn’t given us much in the way of firm information. The company has hinted at the Yaris’s G16 engine, its 268 horsepower, and its GR-Four AWD system making their way to the Corolla platform, but those hints have come through bits and pieces … Read more

Netflix has been trying to win best picture. This might finally be the year

new York CNN Business — Netflix has accomplished a lot in Hollywood: It’s partnered with notable filmmakers, produced buzzy hit films and launched the streaming craze that revolutionized the industry. Yet there’s one coveted Tinseltown accolade Netflix (NFLX) hasn’t received: the Academy Award for best picture. That could change this weekend. Netflix’s film “The Power … Read more

Deutsche Bank execs fired after corporate strip club visit

Deutsche Bank this week fired four New York employees — including a number of top executives — after a visit to a strip club was charged to the company, The Post has learned. An attempt was made to then sweep the visit and the accompanying charges under the rug, a source familiar with the matter … Read more

Activision Blizzard Sex Harassment Lawsuit Alleges Retaliation

Picture: Activision Blizzard / Kotaku A new lawsuit against call of duty publisher Activision Blizzard by a current employee raises fresh allegations of sexual harassment at the publisher, this time focused on leaders in Blizzard’s IT department. According to the lawsuit, the current employee was repeatedly subjected to unwanted advances, touching, and inappropriate remarks. She … Read more

Microsoft, Nvidia, Ubisoft Hacked By Suspected Teens

Photo: NurPhoto (Getty Images) Over the past month a number of the world’s biggest tech companies have been hacked by a group known as Lapsus$, including MicrosoftNvidia, Ubisoft, Samsung and Okta. These haven’t been minor breaches, either; Nvidia lost sensitive GPU designs, and Microsoft gigabytes of important source code. Now a report is claiming that … Read more