The Attorney General of Missouri has described the lawsuit against IBM as a significant move towards addressing what he refers to as “corporate racism.” The lawsuit is seen as a crucial step in challenging discriminatory practices within the tech industry. According to the Attorney General, taking legal action against companies like IBM is akin to … Read more
Hewlett Packard Enterprise CEO Antonio Neri shocked some in his team when he decided to hold a keynote at the Sphere, a $2.3 billion circular stadium that was not yet completed. Neri shared his bold plan during a press conference following his successful speech at the June 18 Keynote Address with Nvidia CEO Jensen Huang. … Read more
On June 15, 2022, a landmark ruling was made in the Cisco Caste Case, marking a significant victory for both corporate and Hindu American rights. The case, which had been ongoing for several years, centered around allegations of discrimination and harassment based on caste within the workplace. The ruling, delivered by Judge Smith, stated that … Read more
Google has announced updates and new models for its artificial intelligence platform, Vertex AI. Gemini Chatbot, known for its consumer solutions, also offers options for businesses through Vertex AI. The latest updates include moving Gemini 1.5 Flash from public preview to general availability, making it a faster and more cost-effective model. Google compared Gemini 1.5 … Read more
Cisco and Jefferies will host a webcast on corporate purpose as a sustainable business driver on February 23, 2024. Fran Katsoudas and Mary de Wysocki from Cisco will discuss how their purpose is driving sustainable growth and creating value for shareholders. The event will be webcast and a replay will be available. Interested parties can … Read more
Intel executives are facing a shareholder derivative lawsuit filed by an investor who claims they were misled about the financial performance of the company’s foundry business. The complaint, filed by Stourbridge Investments, alleges that Intel management made false statements about the success of its foundry business from January 25 of this year. The investor is … Read more
Oracle Corporation’s chief corporate architect, Edward Screven, recently sold a significant amount of stock in the company, according to a recent filing with the Securities and Exchange Commission. The shares were sold at various prices, totaling over $34 million. Despite the sales, Screven still holds millions of shares in Oracle, both directly and indirectly through … Read more
Simona Jankowski, Nvidia Corp. Vice President overseeing investor relations and strategic finance, is leaving to become the chief financial officer of a startup. Jankowski, a former Goldman Sachs Group Inc. analyst, joined Nvidia in 2017 and announced his departure in a LinkedIn post, without disclosing the name of the startup. He mentioned that more details … Read more
A lawsuit has been filed against IBM and Red Hat, alleging discrimination in hiring practices based on skin color. Missouri’s state attorney general unsealed the lawsuit, accusing IBM of favoring applicants of a certain skin color and implementing quotas based on race, color, national origin, sex, or ancestry. Attorney General Andrew Bailey stated that discrimination … Read more
IBM and Red Hat are facing lawsuits alleging discrimination in hiring practices, as Missouri’s state attorney general filed a lawsuit that claims IBM has adopted illegal policies favoring applicants of a certain skin color. This alleged discrimination violates state and federal laws, according to Attorney General Andrew Bailey. The lawsuit aims to address what Bailey … Read more