Tag Archives: Pressuring

The cost of switching between cloud-computing providers has long drawn complaints, with the services derided as “roach motels” that let businesses check in but not out. Now Alphabet Inc.’s Google is taking steps to change that. Effective immediately, the company is eliminating fees levied on customers who want to leave its cloud for a rival service — a policy shift that may pressure competitors Amazon.com Inc. and Microsoft Corp. to do the same. Source link

(Bloomberg) — US inflation accelerated to a fresh 40-year high in May, a sign that price pressures are becoming entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats. Most Read from Bloomberg The consumer price index increased 8.6% from a year earlier in a broad-based advance, Labor Department data showed Friday. The widely followed inflation gauge rose 1% from… Source link

A shareholder resolution calls for a third-party audit of Google’s whistleblower policies. SOPA Images/LightRocket via Getty Images A year after Alphabet’s board voted against a measure to review its whistleblower protections, one of its shareholders is pushing the measure again in the hope that institutional investors will bolster support for the effort in light of high profile firings at its subsidiary, Google and complaints of illegally spying on employees. Brought by Trillium… Source link