Why Temu’s Chinese Parent Company Is Suing Ex-Employees

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.6 • 1.6K Ratings

🗓️ 3 April 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ex-workers say PDD, Temu’s Chinese parent company, is enforcing noncompete clauses in their contracts, bringing them to court and forcing them to pay exorbitant penalties. WSJ reporter Shen Lu tells host Alex Ossola what this reveals about China’s competitive e-commerce business. Plus, Yum Brands, the company behind popular fast-food chains like KFC and Pizza Hut, is going ‘AI-first.’ WSJ reporter Belle Lin tells us what that means for customers and the company’s operations. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Cracken.
0:03.0	Crippo is like the financial system, but different.
0:06.0	He doesn't care where you come from,
0:08.0	what you look like, your credit score,
0:10.0	or your outrageous food delivery habits.
0:13.0	crypto is finance for everyone, everywhere, all the time.
0:17.0	Visit Krakon.com slash see what crypto can be.
0:21.0	To learn more, Don't invest in
0:23.5	unless you're prepared to lose all the money you invest.
0:25.7	This is a high-risk investment and you should not expect to be
0:28.0	protected if something goes wrong.
0:30.3	Welcome to Tech News Briefing. It's Wednesday, April 3rd. I'm Alex
0:37.9	Zossa for the Wall Street Journal. Coming up on today's show, what do KFC
0:42.2	and Taco Bell have in common?
0:44.0	It's their apparent company, Yum Brands, and it's embracing artificial intelligence in its
0:48.7	restaurants.
0:49.7	We'll hear about how AI is changing franchise operations and potentially taking your order from
0:55.3	W.S.J. reporter Bell Lynn.
0:57.8	And then jobs at P.D. Holdings, the e-commerce giant behind Tamu, are highly sought after by Chinese tech workers.
1:04.7	But recently, ex-workers say the company has been cracking down on non-compete clauses.
1:09.8	W.S.J. reporter Shen Liu tells us what that means for China's e-commerce industry.
1:18.0	But first, did you know that KFC, Pizza Hut, Taco Bell, and Habit Burger Grill are all run by the same parent company?
	...

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