BusinessTechnology

Scale AI Settles Worker Misclassification Lawsuits in California, Shifts Hiring Practices

Scale AI has reportedly agreed to settle multiple lawsuits filed by former California contractors who alleged misclassification and underpayment. The company has since stopped hiring California-based gig workers as it faces additional legal challenges and regulatory scrutiny.

Scale AI Reaches Settlement in Contractor Lawsuits

Scale AI has agreed to settle four lawsuits filed by former workers in California who alleged they were illegally classified as contractors rather than employees, according to court documents filed this week. The San Francisco-based company, which specializes in artificial intelligence training data, reportedly reached settlements with all plaintiffs across the multiple cases, though specific terms remain undisclosed pending judicial approval.

BusinessGovernance

Tesla Shareholders Face Critical Vote on Musk’s Record Compensation Package Amid ISS Opposition

Tesla’s board faces mounting pressure as Institutional Shareholder Services recommends rejecting Elon Musk’s unprecedented compensation plan. The proposed package, potentially the largest in corporate history, comes before shareholders for a crucial November 6 vote amid ongoing governance debates.

Major Proxy Adviser Opposes Musk Compensation

Institutional Shareholder Services has reportedly urged Tesla investors to reject CEO Elon Musk’s proposed $1 trillion compensation package, marking the second consecutive year the influential proxy adviser has opposed the executive’s pay plan. According to reports, ISS expressed concerns about the “astronomical” size of the grant and potential dilution for existing shareholders.

GovernmentPolicy

Trump Withdraws Tomahawk Missile Proposal in Zelenskyy Meeting, Citing Escalation Concerns

In a recent White House meeting, President Donald Trump backed away from a potential agreement to supply Ukraine with Tomahawk missiles, describing the weapons as “very dangerous.” Ukrainian President Volodymyr Zelenskyy indicated discussions would continue despite the setback, as both leaders addressed efforts to end the ongoing conflict with Russia.

Shift in U.S. Stance on Military Aid

President Donald Trump reportedly withdrew an earlier proposal to supply Ukraine with Tomahawk missiles during a meeting with Ukrainian President Volodymyr Zelenskyy, according to sources familiar with the discussions. Analysts suggest the reversal reflects Trump’s concerns about escalating the conflict and preserving U.S. military resources. The meeting, described as “cordial” by Trump, underscored ongoing tensions in U.S.-Ukraine relations amid the prolonged war with Russia.