News Summary

HR tech startup Deel has filed an amended complaint against its rival Rippling, accusing it of corporate espionage. Deel alleges that a Rippling employee impersonated a Deel customer to gain unauthorized access to its systems, collecting information for Rippling’s benefit. This comes as part of an ongoing legal battle where Rippling had initially sued Deel, accusing it of spying and misappropriation of trade secrets. The lawsuit is filled with personal attacks on Rippling’s CEO, Parker Conrad, and claims of a vendetta stemming from his past with Zenefits and his issues with Andreessen Horowitz, a major investor in Deel. Despite the heated legal clash, Deel reports being profitable with over $1 billion in annual revenue. Rippling maintains its commitment to fair competition and is investigating the allegations.