What's happened
Christian Lanng, co-founder of Tradeshift, is accused of subjecting his former executive assistant to years of sexual abuse and assault.
Why it matters
The allegations against a prominent tech CEO are significant and newsworthy due to the severity of the accusations and the potential impact on the company and the tech industry.
What the papers say
Business Insider UK reports on the bombshell lawsuit filed against Christian Lanng, detailing the allegations of sexual abuse and torture. The NY Post provides additional details about the allegations and the events surrounding the lawsuit, including the firing of Lanng and the denial of the allegations by Tradeshift. The Times reports on fresh allegations of rape against Sean 'Diddy' Combs, which are unrelated to the accusations against Christian Lanng.
How we got here
The allegations against Christian Lanng came to light after he was fired as CEO of Tradeshift for gross misconduct, following management learning about serious allegations of sexual assault and harassment against him.
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Tradeshift is a cloud based business network and platform for supply chain payments, marketplaces, and apps. Its 2018 round of funding, led by Goldman Sachs, raised US$250 million at a valuation of $1.1 billion, giving the company unicorn status.