Tag Archives: company

Donald Trump is fighting to get his media company off the ground and into public markets, but Tesla CEO Elon Musk keeps getting in his way with his effort to buy Twitter (TWTR). Shares of Digital World Acquisition Company (DWAC) — the blank-check company aiming to merge with Trump’s Truth Social — dropped over 4% on Tuesday on the news that Musk was reversing course and planned to purchase Twitter for $44 billion after initially trying to back out of the deal in July. Tuesday’s decline… Source link

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images Google and Alphabet CEO Sundar Pichai said he wants to make the company 20% more efficient and that could include headcount cuts as it reckons with a slew of economic challenges as well as years of rapid hiring. Speaking at Code Conference in Los Angeles, Pichai gave more details about how he’s thinking of making the company… Source link

Signal officially has a new president. For the newly created position, the company behind the encrypted messaging app has hired Meredith Whittaker, a former Google manager and co-founder of the AI Now Institute. Whittaker made the announcement herself in a post on the Signal blog, where she outlined the strategic nature of the role in guiding the organization towards long-term sustainability. “As President I will dedicate myself to helping Signal build a long taproot so it can grow and… Source link

A group of Google employees are yet again speaking out against Google’s defense contracts, this time asking the company to shelve its $1.2 billion Project Nimbus contract for the Israeli government and military. Google partnered with Amazon to bid for the project. Under employee pressure, Google has previously dropped one US government defence contract (Project Maven), and shied away from another (JEDI). In a video posted on Youtube, a group of Google employees including… Source link

A group of employees at Google is calling on the company to end its artificial intelligence contract with the Israeli government. Driving the news: Employee Ariel Koren resigned this week after she said Google tried to retaliate against her for opposing Project Nimbus, a $1.2 billion artificial intelligence and computing services agreement between Google, Amazon Web Services, and the Israeli government and military, the New York Times reports. At an Alphabet Workers Union-led press conference… Source link

Twitter cofounder and former CEO Jack Dorsey has rarely lacked candor in describing the company he once led. In his latest assessment of the state of the social media platform, Dorsey said he regrets letting the app become a company at all. “The biggest issue and my biggest regret is that it became a company,” Dorsey wrote in a recent tweet, replying to a question as to whether Twitter turned out the way he had originally wanted it to. Dorsey elaborated further on what his original vision… Source link

New York CNN Business  —  Hundreds of workers at Google-parent Alphabet are calling on the company to take steps to expand abortion protections for users and contractors in a post-Roe world, according to a statement Thursday from a union representing the workers. In the petition, which was signed by more than 650 workers at the company and addressed to several executives including Alphabet CEO Sundar Pichai,… Source link

Workers at Google’s parent company Alphabet want to better protect people’s abortion-related location data and search history. Marcio Jose Sanchez/AP hide caption toggle caption … Source link

A group of workers at Google parent Alphabet has asked the company to stop collecting data on users seeking information about abortions, according to a petition sent to Chief Executive Officer Sundar Pichai this week. The petition, signed by more than 650 workers, also called on the company to remove search results for crisis pregnancy centers, which it said were misleading to those seeking abortions. Crisis pregnancy centers are typically nonprofits that counsel women against having abortions. Source link

Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing investors. Sources say the company raised at a slightly higher valuation than its last $110 million valuation in 2020.  This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the… Source link