TECHNOLOGY
Google agrees to pay $118 mn to settle gender discrimination lawsuit
The plaintiffs Kelly Ellis, Holly Pease, Kelli Wisuri, and Heidi Lamar worked for Google in California in a "covered position" since September 14, 2013. The class action gender discrimination lawsuit was filed in 2017. Google is also required to have an independent labour economist to evaluate its hiring practices and pay equity studies.
Half of finance AI projects to be delayed or cancelled by 2024
At the same time, the use of business process outsourcing (BPO) for AI will rise from 6 per cent to 40 per cent within two years, according to Gartner. CFOs face major barriers to scaling up the use of AI in-house and will increasingly turn to business process outsourcing (BPO) solutions to meet their digital transformation objectives, the report noted.
Top 100 global firms' market cap reaches $31.7 tn, Apple leads
Apple topped the list with $2.85 trillion in market cap, followed by Saudi Aramco, Microsoft, Alphabet and Amazon, according to the data provided by London-based accounting company PwC. Apple regained its crown as the world's largest company by market capitalisation with a valuation 6 per cent and 13 per cent ahead of Saudi Aramco and Microsoft, respectively. Reliance Industries (at 58th position) and Tata Consultancy Services (69th spot) were the only two companies from India in the global list.
Netflix announces fresh games based on popular TV shows
At the 'Geeked Week' event this week, the company unveiled first looks about upcoming games, ranging from games-inspired series like The Cuphead Show! and Sonic Prime to a long list of new mobile games. "It will double our current catalog to approximately 50 titles by the end of 2022. Get ready to step into the world of your favourite Netflix series and films with games such as La Casa de Papel and The Queen's Gambit Chess," the company said on Friday.
Microsoft Xbox arrives on Samsung Gaming Hub
Samsung Gaming Hub is available on 2022 Smart TVs including Neo QLED 8K, Neo QLED 4K, QLEDs2 and 2022 Smart Monitor Series. Powered by Tizen, Samsung Gaming Hub will become the world's first Smart TV platform to include the Xbox app on Smart TVs. With this partnership, Samsung Gaming Hub users are now able to stream over 100 high-quality games, through the Xbox app, including blockbuster titles like Halo Infinite and Forza Horizon 5.
Meta lawyers probing Sheryl Sandberg's use of company resources: Report
The investigation goes back "several years" and is scrutinising Meta employees' work on Sandberg's personal projects, Engadget reported, citing The Wall Street Journal (WSJ). When Sandberg first announced her departure from the company, WSJ reported the company was examining whether she had improperly used company resources in planning her upcoming wedding. Now, the report has shed a little more light on the investigation.
Subscription-based 'Telegram Premium' coming this month
Durov said that the new paid offer will go "above and beyond" what Telegram currently offers, reports 9To5Google. Much of what spurred the decision to introduce Telegram Premium was the demands of the platform's biggest fans. "After giving it some thought, we realised that the only way to let our most demanding fans get more while keeping our existing features free is to make those raised limits a paid option," Durov said.
Google, Apple's mobile duopoly likely to be probed by UK regulator
According to Engadget, it is now consulting on the launch of a market investigation into the tech giants' market power in mobile browsers, as well as into Apple's cloud gaming restrictions. In addition, the CMA has launched a separate investigation into Google's Play Store rules, the one that requires certain app developers to use the tech giant's payment system for in-app purchases, in particular.
Meta's AR glasses will only be available to developers in first release
A person familiar with the matter told The Verge that the tech giant has decided to distribute them to developers initially so they can build software experiences for the device and future versions. The company is also shelving plans to release a smartwatch with a detachable display and two cameras in favor of a design better suited to control a later version of the glasses.
TikTok probing claims of aggressive work culture: Report
It follows a probe by the newspaper which alleged a staff exodus from TikTok's London offices. According to the Financial Times, the launch of TikTok Shop -- the firm's live stream shopping feature -- in the UK prompted a number of staff to leave and complaints about an aggressive culture that goes against typical working practices in Britain.
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