Tag: corporate accountability
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Shattered Trust: Coupang’s Q4 Profits Plunge 97% Following Massive 33-Million Record Data Leak
The South Korean e-commerce behemoth Coupang has registered a precipitous decline in profits amidst the fallout from a colossal data breach and mounting governmental scrutiny. The enterprise, whose lightning-fast delivery and exhaustive inventory had cemented its status as an indispensable fixture in millions of households, has sustained a crippling blow to its financial standing. Operating…