Bitcoin Risk Of Labor Day Drop To $105K Rises

Key takeaways: Bitcoin dip buyers are back, but still being overpowered by sellers in the futures and spot markets. Closed markets on the Labor Day holiday and the threat of selling by OG Bitcoin whales could send BTC price to $105,000 and below. Bitcoin (BTC) trades amid rocky waters as the price struggles to hold…

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Scale AI is being investigated by the US Department of Labor

The U.S. Department of Labor (DOL) is investigating the data-labeling startup Scale AI for compliance with the Fair Labor Standards Act, TechCrunch has learned. That’s a federal law that regulates unpaid wages, misclassification of employees as contractors, and illegal retaliation against workers. The investigation has been active since at least August 2024, a document seen…

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Amazon and SpaceX attack US labor watchdog in court

Amazon and SpaceX are seeking to hamstring the National Labor Relations Board, asking a court to declare its processes for upholding labor law unconstitutional. But judges on a three-person panel appeared skeptical when the companies presented their arguments Monday. In two separate cases before the Fifth Circuit Court of Appeals, the two companies argued that…

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Google accused of violating labor law for asking workers to ‘refrain’ from talking about antitrust case

The Alphabet Workers Union filed a charge against Google with the National Labor Relations Board after Google management asked workers to “refrain” from talking about its ongoing Search antitrust case. The union charges that Google issued an “overly broad directive” on discussing the case to employees, according to a copy of the charge filed in…

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