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Whistleblower Law

Tech World Forecast: A Perfect Storm for Whistleblowers

In recent weeks, uncertainty and upheaval have darkened the usually sunny skies over Silicon Valley. Mass layoffs have roiled the tech world. Meta recently laid off 11,000 workers. Twitter cut 3,700 jobs and Lyft released 700 employees. These layoffs followed months of missed earnings projections and a dizzying drop in share prices on the S&P 500. Senator Marco Rubio wrote an article calling for a law to ban TikTok, the most popular social media platform in the world. He says that TikTok poses a danger to Americans’ personal information and is a threat to national security. FTX bitcoin collapsed and will probably file for bankruptcy, with billions of dollars lost. The Consumer Financial Protection Bureau (CFPB) extended the comment period for its yearlong investigation into whether the payment platforms operating at Amazon, Apple, Facebook, Google, PayPal, and Square are fair to consumers. The DOJ has filed anti-trust cases against Facebook and Google for engaging in anti-competitive practices. It’s been a rough stretch for the tech industry. Government regulators have struggled to fully understand the inner workings of the tech industry and are now trying to fully grasp what has caused these financial calamities to occur. Were laws broken? Could the […]

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