CFOs On the Move: Week Ending May 14
Waymo, Penske, Dine Brands, The RealReal, OPAL Fuels, Callon Petroleum, Doximity, ThoughtExchange, Aptos, TeleSense, NYDIG
Italian Watchdog Fines Google in Antitrust Case
The Italian Competition Authority said Google abused its dominant market position by excluding a third-party app from Android Auto.
Remote Work Could Bring Google $1B in Annual Savings
Google saved $268 million in expenses from company promotions, travel, and entertainment versus a year earlier.
Apple, Google Take Flak Over App Platforms
A witness at a Senate hearing compared the companies' control over their platforms to the "behavior of the robber barons."
Trump Pardons Ex-Google Engineer
Anthony Levandowski, a pioneer in autonomous vehicles, was found guilty of what one judge called "the biggest trade secret crime I have ever seen."
Google Workers Form a Union
The ‘minority union’ will have limited power under U.S. labor law until it is supported by a majority of employees.
Google Waives $1.5B in DeepMind Startup Debt
The waiver "underscores Google's commitment to DeepMind, with little indication the [AI] startup is likely to turn a profit any time soon."
Tech Execs Face Questions on Immunity Law
The heads of Facebook, Twitter, and Google said changes to Section 230 could change how they moderate content.
House Urges Reforms to Curb Big Tech Firms
Facebook, Google, Amazon and Apple "have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons."
Apple, Google, Dropbox Face Italy Antitrust Probes
Italy’s competition authority is looking into the companies’ cloud storage services after complaints about allegedly unfair commercial practices.
Engineer Gets 18 Months in Google Secrets Case
Anthony Levandowski had pleaded guilty to stealing thousands of files from Google's self-driving car program to benefit himself and Uber.