Tag Archives: Companies

Ex-Google engineer charged with stealing AI trade secrets while working with Chinese companies

Ex-Google engineer charged with stealing AI trade secrets while working with Chinese companies

WASHINGTON (AP) — A former software engineer at Google has been charged with stealing artificial intelligence trade secrets from the company while secretly working with two companies based in China, the Justice Department said Wednesday. Linwei Ding, a Chinese national, was arrested in Newark, California, on four counts of federal trade secret theft, each punishable by up to 10 years in prison. The case against Ding was announced at an American Bar… Source link

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SEC adopts landmark climate rule — here’s what that means for public companies

SEC adopts landmark climate rule — here’s what that means for public companies

For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and… Source link

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European news companies sue Google over ad tech dominance

European news companies sue Google over ad tech dominance

European news media companies sued Google for roughly $2.1 billion in damages Wednesday over allegations that the tech giant’s ad technology practices have harmed them.   The case, filed by more than 30 European news media companies, including the German-based company Axel Springer that owns Politico, is the latest challenge to the California-based company over its ad technology, including a case launched by the Department of Justice last year.   The companies suing… Source link

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Paramount, Google among companies cutting staff

Paramount, Google among companies cutting staff

The entertainment industry is the latest to undergo job cuts, with major companies like Disney (DIS) and Paramount Global (PARA) reportedly planning layoffs in 2024. These media giants join the wave of tech and other industries reducing headcount to cut costs amid economic uncertainty. Yahoo Finance reporters Alexandra Canal, Josh Schafer, and Brooke DiPalma discuss the growing trend of layoffs post-Covid. For more expert insight and the latest market action, click here to watch this full… Source link

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Google and Meta join growing list of companies quitting Europe’s biggest tech conference after the event’s leader vented about Israel – Fortune

Google and Meta join growing list of companies quitting Europe’s biggest tech conference after the event’s leader vented about Israel – Fortune

[unable to retrieve full-text content] Google and Meta join growing list of companies quitting Europe’s biggest tech conference after the event’s leader vented about Israel  Fortune Meta, Google quit tech summit after organizer accuses Israel of committing war crimes  The Times of Israel Google and Meta withdraw from upcoming Web Summit  The Independent Source link

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