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IBM to pay $17m in DEI settlement
IBM has agreed to pay roughly $17m to resolve allegations of illegal diversity, equity and inclusion (DEI) practices. The DOJ had said the company “knowingly” made “false claims” about its hiring and employment practices in its federal contracts. IBM allegedly identified “diverse” candidates for hiring or promotions, while developing race and sex demographic goals. “IBM…
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Italian court accepts legal action over Facebook mass breach
A court in Milan has given the go-ahead to a class-action lawsuit on behalf of tens of millions of Facebook users affected by a data leak. According to the court ?order, the data scraping incident, ?which took place between January 2018 and ?September 2019 and was disclosed ?by Facebook parent Meta in 2021, affected around…
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Google sued by rival app store over alleged monopoly
An antitrust lawsuit filed in San Francisco federal court accuses Google of shutting out rival Android app stores by monopolizing app distribution ?and billing, in violation of U.S. antitrust law. Aptoide, a Portuguese company that bills itself as “the alternative Android app store,” ?and has about 436,000 apps in its catalog and more than 200…
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Long Covid to cost up to $135bn a year over the next decade
Research suggests long Covid is likely to cost up to $135bn a year across OECD economies over the next decade. Direct healthcare costs combined with the wider effect of people leaving the workforce and lower productivity will have a lasting impact, the global forum said. The OECD found that only six countries have formal pathways…
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Abbott Laboratories must pay at least $53m in cases over infant formula
A Chicago jury has said Abbott Laboratories must pay $53m in compensatory damages to a group of families that had accused the company of failing to warn that its formula for premature infants can cause a potentially deadly bowel disease. The verdict ?is the latest among hundreds of lawsuits alleging that Abbott’s ?cow’s milk-based formula…
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FedEx reaches tentative wage deal with pilots after years of negotiations
FedEx management has reached a tentative agreement with the Air Line Pilots Association (ALPA) ?union, representing over 5,000 pilots, potentially ending years of stalled negotiations and paving the way for significant pay increases. Under ?the terms of the tentative agreement, pilots’ hourly wages would increase by ?about 40% in 2026, followed by an ?annual increases…
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