4 min
Google to pay $118 million to 15,500 women in gender-discrimination case; Ed-tech company's co-founder threatens teachers with ‘blacklisting’ One Thing Today in Tech
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Google has agreed to pay $118 million to settle a class-action gender discrimination lawsuit with around 15,500 women, according to a statement from the law firms representing the women. Meanwhile, The UK’s competition regulator wants to investigate how Apple and Google use their mobile phone dominance to kill competition. And an ed-tech company’s co-founder wants to blacklist teachers if they seek better prospects, ET reports.
Notes:
Google has agreed to pay $118 million to settle a class-action gender discrimination lawsuit with around 15,500 women, according to a press release on June 10, from the law firms representing the women who took Google to court four years ago.
The lawsuit first emerged in 2017 after three women filed a complaint accusing the company of underpaying female workers in violation of California’s Equal Pay Act, citing a wage gap of around $17,000, according to The Verge. The complaint also alleged Google locks women into lower career tracks, leading to less pay and lower bonuses when compared with their male counterparts.
The plaintiffs won class-action status last year.
The UK’s competition regulator wants to investigate how Apple and Google might be using their dominance of the mobile phone market to kill competition, ramping up global antitrust scrutiny of the largest US technology companies, Wall Street Journal reports.
Britain’s Competition and Markets Authority said on Friday that it intends to initiate market investigations into how the companies control web browsers for mobile devices, as well as complaints that Apple restricts cloud gaming on its devices. Under UK rules, market investigations can lead to binding orders to change practices, but no fines.
Shares of DocuSign plunged 24 percent on Friday after the e-signature software maker posted fiscal first-quarter earnings that fell short of analysts’ estimates, CNBC reports.
DocuSign’s adjusted earnings per share of 38 cents missed analysts expectations of 46 cents, according to CNBC. That pushed shares down even though DocuSign’s revenue for the quarter, at $588.7 million, beat analysts estimates of $581.8 million.
Brajesh Maheshwari, co-founder and director of test preparation coaching provider Allen Career Institute has threatened teachers working with the company with ‘blacklisting,’ if they move to rival offline coaching platforms set up by ed-tech startups, in a video statement released by him, Economic Times reports.
Among Allen Career Institute’s biggest investors is Bodhi Tree, formed by Lupa Systems founder and CEO James Murdoch and Uday Shankar, the former head of Star TV and Disney India. Bodhi Tree announced an investment of $600 million in Allen Institute in May, according to ET.
Theme music courtesy Free Music & Sounds:
https://soundcloud.com/freemusicandsounds
Google has agreed to pay $118 million to settle a class-action gender discrimination lawsuit with around 15,500 women, according to a statement from the law firms representing the women. Meanwhile, The UK’s competition regulator wants to investigate how Apple and Google use their mobile phone dominance to kill competition. And an ed-tech company’s co-founder wants to blacklist teachers if they seek better prospects, ET reports.
Notes:
Google has agreed to pay $118 million to settle a class-action gender discrimination lawsuit with around 15,500 women, according to a press release on June 10, from the law firms representing the women who took Google to court four years ago.
The lawsuit first emerged in 2017 after three women filed a complaint accusing the company of underpaying female workers in violation of California’s Equal Pay Act, citing a wage gap of around $17,000, according to The Verge. The complaint also alleged Google locks women into lower career tracks, leading to less pay and lower bonuses when compared with their male counterparts.
The plaintiffs won class-action status last year.
The UK’s competition regulator wants to investigate how Apple and Google might be using their dominance of the mobile phone market to kill competition, ramping up global antitrust scrutiny of the largest US technology companies, Wall Street Journal reports.
Britain’s Competition and Markets Authority said on Friday that it intends to initiate market investigations into how the companies control web browsers for mobile devices, as well as complaints that Apple restricts cloud gaming on its devices. Under UK rules, market investigations can lead to binding orders to change practices, but no fines.
Shares of DocuSign plunged 24 percent on Friday after the e-signature software maker posted fiscal first-quarter earnings that fell short of analysts’ estimates, CNBC reports.
DocuSign’s adjusted earnings per share of 38 cents missed analysts expectations of 46 cents, according to CNBC. That pushed shares down even though DocuSign’s revenue for the quarter, at $588.7 million, beat analysts estimates of $581.8 million.
Brajesh Maheshwari, co-founder and director of test preparation coaching provider Allen Career Institute has threatened teachers working with the company with ‘blacklisting,’ if they move to rival offline coaching platforms set up by ed-tech startups, in a video statement released by him, Economic Times reports.
Among Allen Career Institute’s biggest investors is Bodhi Tree, formed by Lupa Systems founder and CEO James Murdoch and Uday Shankar, the former head of Star TV and Disney India. Bodhi Tree announced an investment of $600 million in Allen Institute in May, according to ET.
Theme music courtesy Free Music & Sounds:
https://soundcloud.com/freemusicandsounds
4 min