Sundar Pichai, chief executive officer of Alphabet Inc., gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Monday, Jan. 20, 2020. Pichai urged the U.S. and European Union to coordinate regulatory approaches on artificial intelligence, calling their alignment critical. Geert Vanden Wijngaert | Bloomberg | Getty Images Google has told its employees that they will lose pay — and will eventually be fired… Source link
Read More »Google engineers claim they were fired for following its ‘don’t be evil’ policy
Three ex-Google employees claim that Google has a contractual obligation to abide by its well-known “don’t be evil” policy, and they are suing the company for allegedly terminating them for calling out Google’s “evil” doings, via NPR. “Don’t be evil” has been a part of Google’s Code of Conduct since the early 2000s The former workers Sophie Waldman, Rebecca Rivers, and Paul Duke were fired — in addition to a fourth employee, Laurence Berland — in November 2019 for… Source link
Read More »Disney World puts COVID-19 vaccination mandate policy on hold
By Anirudh Saligrama (Reuters) – Disney World near Orlando, Florida, operated by Walt Disney Co, has put its COVID-19 vaccination mandate on hold, a spokesperson said on Saturday. The move comes amid the Biden administration’s workplace COVID-19 vaccine rule, which requires businesses with at least 100 employees to require staff get vaccinated against COVID-19 or be tested weekly and wear a face covering at work. Local TV station Fox 35 was first to report the news, citing a cast member at the… Source link
Read More »Apple, Google, others lose court challenge to patent review policy
A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic Tech companies said rule reducing reviews undermines patent system Court says PTO decisions on instituting review can’t be appealed (Reuters) – A federal judge in California tossed a lawsuit brought by big tech companies including Apple and Google over a U.S. Patent and Trademark Office policy that reduced the number of patent disputes it considers. U.S. Supreme Court precedent… Source link
Read More »Federal Reserve to deliver policy decision at 2 p.m. ET
When will the Federal Reserve start pulling back on its extraordinary monetary stimulus? That’s the major question that Fed watchers hope to get an answer for later this afternoon, when the Federal Open Market Committee releases its updated policy decision. Chatter has been building within the central bank over slowing the pace of its asset purchases. Since the depths of the COVID-19 pandemic, the Fed has been absorbing about $120 billion a month in U.S. Treasuries and agency mortgage-backed… Source link
Read More »Google tightens UK policy on financial ads after watchdog pressure over scams – TechCrunch
The UK’s more expansive, post-Brexit role in digital regulation continues to be felt today via a policy change by Google which has announced that it will, in the near future, only run ads for financial products and services when the advertiser in question has been verified by the financial watchdog, the FCA. The Google Ads Financial Products and Services policy will be updated from August 30, per Google, which specifies that it will start enforcing the new policy from September 6 —… Source link
Read More »UnitedHealthcare faces intense backlash for new ER visit policy
UnitedHealthcare (UNH) announced this week it would start rejecting claims for non-emergency visits to the emergency room starting July 1. The move has been met with stark criticism from patient advocacy groups and health experts who worry the move will discourage people from seeking care when they need it. But the health industry has long worried about the excessive cost of over-reliance on the ER. “The emergency door is the most expensive entrance into the hospital, any hospital,” health… Source link
Read More »Bitcoin Suffers Steepest Drop in 10 Days as US Monetary Policy Causes ‘Short-Term Jitters’
Bitcoin’s price has fallen to its lowest point in over a week as traders stare down prospects of shifting U.S. monetary policy and continued tightening of regulation of cryptocurrencies in China. At 20:00 UTC on Monday, the price of the world’s foremost crypto began declining from around $35,466 to a low of $33,221. Prices were up slightly on the hour, and one bitcoin was changing hands for roughly $33,793 at the time of publication. The move marked the largest single daily loss for the… Source link
Read More »China lifts cap on births in major policy shift
(Adds quote) By Tony Munroe and David Stanway BEIJING, May 31 (Reuters) – Married Chinese couples may have up to three children, China announced on Monday, in a major shift from the existing limit of two after recent data showed a dramatic decline in births in the world’s most populous country. Beijing scrapped its decades-old one-child policy in 2016, replacing it with a two-child limit to try and stave off risks to its economy from a rapidly aging population. But that failed… Source link
Read More »Google Unveils More Flexible Remote Work Policy
Google expects its future lies in a hybrid work model under which some 60 percent of Googlers will spend a few days per week in the office, 20 percent will work in new office locations and another 20 percent will work from home. The Mountain View, Calif.-based technology giant’s more flexible stance on remote work was announced as the company shared CEO Sundar Pichai’s vision for its post-coronavirus-pandemic hybrid workplace with employees. Google’s latest hybrid work model is… Source link
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