Deel's Communications Chief Resigns

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19 hours ago

Summary

Deel's communications chief Elisabeth Diana resigns amid allegations of corporate espionage; lawsuit filed by rival Rippling accuses Deel of violating RICO act, misappropriating trade secrets, and engaging in unfair competition.

Key Points

Elisabeth Diana resigned from Deel after being accused of planting a spy at rival company Rippling.
Deel was recently valued at $12.6 billion and is backed by investors including General Catalyst, Andreessen Horowitz, Spark Capital, and Y Combinator.
Rippling filed a lawsuit against Deel accusing the company of violating Russian sanctions and engaging in corporate espionage.

Why It Matters

The scandal highlights concerns about corporate espionage and trade secret theft, as well as the legal and ethical implications for companies involved.

Author

Mary Ann Azevedo

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