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Osom Products, the phone company founded by ex-Essential employees, is shutting down


Not awesome.

The news comes shortly after Osom’s former chief privacy officer sued the company, claiming that it’s out of money after its CEO used business funds to pay for personal trips and exotic cars. During an internal meeting on Tuesday, Osom executives announced their decision to shutter the company, according to multiple sources who spoke to Android Authority. A few engineers will reportedly remain on at Osom as contractors to help deliver another security update for the Saga smartphone in December, and complete the company’s obligations to Solana.

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