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For a long time, working in Big Tech was the dream for many young people. Big Tech might be concerned about government fines and PR emergencies, but its biggest problem could be failing to recruit and keep talented staff. Some high-profile leavers are going public with their complaints about the companies and the lure of Big Tech for graduates is being eroded.
A global attempt by more than 120 countries to find a way to more fairly tax global internet giants is moving ahead despite individual countries’ deciding to impose their own tax, says the head of the international organization leading the project.
The University of Notre Dame’s investment office has “a long-term orientation to our investment partnerships and approach.” But the university made big changes in its U.S.-traded stock investments in the relatively short time frame of the second quarter.
The tech giant and city leaders presented the most detailed plans yet for Google's proposed development near Diridon Station.
PayPal takes on India’s digital payments market as it looks to international markets for growth. India presents a $1.0 trillion opportunity for the company.
Each of the four Big Tech companies under investigation, to varying degrees, faces exposure to antitrust charges. Their vulnerabilities reflect their marketing strengths, from Apple Inc.’s money-minting App Store to Facebook Inc.’s vice-like grip on social media through its acquisition of WhatsApp.
Alphabet Inc.'s Google has issued "community guidelines" that discourage employees from debating politics in the workplace, an about-face from its previously open policy. The new rule is an effort to tone done "disruptive" conversations, and hold employees responsible for what they say, the company said. Google is also designing a tool that lets workers flag objectionable internal posts, it said. The move comes after more than a year of protests from conservative politicians and commentators who claim Google has shown liberal bias in digital searches and in its corporate culture, culminating in a Congressional hearing on the topic last month.
Shares of Apple and Silicon Valley's semiconductor companies were pummeled on Friday as President Trump responded to new tariffs from China with a tweet saying he's demanding that American companies "immediately start looking for an alternative to China."
(Bloomberg) -- Alphabet Inc.’s Google posted internal rules that discourage employees from debating politics, a shift away from the internet giant’s famously open culture.The “community guidelines” tell employees not to have “disruptive” conversations and warn workers that they’ll be held responsible for what they say at the office. Google is also building a tool to let employees flag problematic internal posts and creating a team of moderators to monitor conversations on company chat boards, a spokeswoman said.“While sharing information and ideas with colleagues helps build community, disrupting the workday to have a raging debate over politics or the latest news story does not,” the policy states. “Our primary responsibility is to do the work we’ve each been hired to do.”Google has long encouraged employees to question each other and push back against managers when they think they’re making the wrong decision. Google’s founders point to the open culture as instrumental to the success they’ve had revolutionizing the tech landscape over the last two decades.But the free-wheeling culture has led to a rash of problems for Google management in recent years. Some employees have used internal chat boards to rally other workers against some Google projects, helping push the company to end work on a censored search engine for the Chinese market and an artificial intelligence contract for the U.S. military.“I think it’s specifically intended to silence dissent,” Irene Knapp, an engineer at Google, said. “This is the end of the important parts of Google’s open culture.”Listen to the Bloomberg Decrypted podcast "Google Workers Rise Up: Inside the Protests"“Ultimately, business interests will always win out over ethics in terms of what we’re allowed to say,” Knapp said.(Updates with comment from employee in sixth paragraph.)To contact the reporter on this story: Gerrit De Vynck in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Robin Ajello, Giles TurnerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Google said yesterday that it would be shutting down 210 YouTube channels pumping out misinformation about the Hong Kong protests.
Blank-check company Legacy Acquisition Corp. has agreed to purchase a global digital marketing company to be renamed Blue Impact Inc., clearing the way to grow organically and through M&A. Legacy, which raised $300 million almost two years ago, is led by former Procter & Gamble executive Edwin Rigaud but the new company will be […]
A copy of the guidelines obtained by Recode discourages Googlers from “disrupting the workday to have a raging debate over politics or the latest news story.”
DICK'S Sporting (DKS) posts better-than-expected second-quarter fiscal 2019 results driven by solid same-store sales performance. Also, it raises its bottom-line view for fiscal 2019.
A vast majority of employees queried at Cisco Systems and several other big Silicon Valley tech employers say they've noticed cost-cutting at work.
This week, we learned about ongoing efforts to end the political crisis in Venezuela. We think that tech companies could benefit if the talks are successful.
Telecom carriers need a win. The smartphone business is stagnant. Consumers have become complacent with good enough devices. But 5G, coupled with amazing new AR experiences, changes everything.