Tag Archives: GoogleBacked

FTC nominee Melissa Holyoak traded chummy emails with Google-backed firm that ‘advocates abolishing antitrust rules’

FTC nominee Melissa Holyoak traded chummy emails with Google-backed firm that ‘advocates abolishing antitrust rules’

Business exclusive By Thomas Barrabi Published Jan. 8, 2024, 4:55 p.m. ET Emails obtained by The Post reveal Federal Trade Commission nominee Melissa Holyoak’s chummy rapport with ex-colleagues at a Google-funded think tank – including one who wrote of the FTC that “burning it to the ground is too good for it.” Holyoak, the Republican solicitor general of Utah, previously spent five years as an attorney for the Competitive… Source link

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Parents selling videos of their kids for $50 in Google-backed study

Parents selling videos of their kids for $50 in Google-backed study

A Google sign in front of an office at Google headquarters on Dec. 19, 2023, in Mountain View, Calif. The company poured resources into artificial intelligence research in 2023. Justin Sullivan/Getty Images Google is paying to collect video footage of 13- to 17-year-old children and studying their skin tones and eyelid shapes, according to a Thursday report from 404 Media. The outlet cited a “Facial Video Data Collection Project” web page run by Canadian tech corporation Telus… Source link

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Google-Backed Video-Sharing Platform ShareChat Is Latest to Cut Jobs

Google-Backed Video-Sharing Platform ShareChat Is Latest to Cut Jobs

Video-sharing platform ShareChat is the latest technology company linked to Alphabet ‘s Google to cut jobs. The Indian-based start-up said it is laying off around 20% of its workforce. ShareChat was reportedly valued at $5 billion in its latest funding round last year, with backing from Alphabet ‘s (ticker: GOOGL) Google. However, ShareChat said Monday that it was… Source link

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Google-backed ShareChat cuts 20% of workforce

Google-backed ShareChat cuts 20% of workforce

BENGALURU, Jan 16 (Reuters) – India’s ShareChat, a short video-sharing platform backed by Google (GOOGL.O) and Temasek, said on Monday it let go of around 20% of its employees, as startups face increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Officer Ankush Sachdeva… Source link

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Google-backed ShareChat cuts 20% of workforce

Google-backed ShareChat cuts 20% of workforce

By Aditya Kalra BENGALURU (Reuters) -India’s ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20% of its employees, as startups face increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Officer Ankush Sachdeva said… Source link

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Google-backed ShareChat cuts 20% of workforce

Google-backed ShareChat cuts 20% of workforce

ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20 per cent of its employees at a time when startups are facing increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much more sustained one, and we thus have to, unfortunately, seek more cost savings by reducing our team size,” ShareChat Chief Executive Ankush Sachdeva said in an internal memo seen by… Source link

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