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 rocky year


TSM suspends $210 million naming rights deal after FTX woes, rocky year

Washington Post - Technology News

FTX's collapse is the latest blow for a company that has taken several hits over the past year. Earlier this year, more than a dozen current and former employees at TSM and its sister software firm, Blitz, told The Post that Dinh fostered a "culture of fear" at both companies. On July 13, Riot Games, the developer and publisher of "League" and "Valorant," games in which TSM has a presence, fined Dinh $75,000 and placed him on a two-year probation following an investigation that concluded that "there was a pattern and practice of disparaging and bullying behavior exhibited by Andy Dinh toward TSM players and staff members."


Uber's rocky year: Travis Kalanick's resignation is just the latest thing

Los Angeles Times

Uber's rocky year: Travis Kalanick's resignation is just the latest thing Uber co-founder Travis Kalanick resigned as chief executive of the ride-hailing giant Wednesday, pushed out by investors just a week after he announced he was going on an indefinite leave of absence. The San Francisco startup, valued at near $70 billion, has been rocked this year by allegations of a corrosive culture that allowed sexual harassment and other bad behavior to go unchecked for years. Uber drivers have their say about Kalanick's resignation Column: With Travis Kalanick out, we'll see the real value of Uber -- and it won't be pretty Column: With Travis Kalanick out, we'll see the real value of Uber -- and it won't be pretty Facing mounting investor pressure brought on by a torrent of scandals, Travis Kalanick, co-founder and chief executive of ride-hailing company Uber, resigned -- just a week into a leave of absence meant to quell concerns about his management style. The New York Times reported that five of Uber's major investors demanded Kalanick's immediate resignation because the company needed a change in leadership. Kalanick reached his decision to resign after hours of talks with some of the investors.