🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Microsoft settles California probe over worker leave for $14 million
Economic Times
·
1y ago
Medial
Microsoft has agreed to pay $14 million to settle claims made by the California Civil Rights Department that the company illegally penalized employees who took medical or family-care leave. The allegations stated that Microsoft retaliated against California-based employees who used leave by denying them raises, promotions, and stock awards. The settlement, subject to court approval, would resolve a multiyear investigation and includes provisions for an independent consultant to review company policies and training for managers and HR personnel. Microsoft denies any wrongdoing and states it is committed to supporting its employees' leave needs.
View Source
Related News
US DOJ settles antitrust case for HPE's $14 billion takeover of Juniper - The Economic Times
Economic Times
·
1m ago
Medial
The US Department of Justice (DOJ) has settled its lawsuit against Hewlett Packard Enterprise's $14 billion acquisition of Juniper Networks. The settlement requires the new company to divest HPE's Instant On wireless networking business and license Juniper's Mist AI software. This move was to avoid a trial and address competition concerns, as the DOJ argued the merger would leave Cisco and HPE controlling over 70% of the US networking equipment market.
View Source
Google settles Black employees' racial bias lawsuit for $50 million
Economic Times
·
3m ago
Medial
Google settled a $50 million lawsuit over alleged racial bias against Black employees in its workforce. The lawsuit, representing over 4,000 employees in California and New York, accused Google of a racially biased corporate culture, lower-level job assignments, pay disparities, and limited advancement opportunities for Black employees. Initiated in March 2022, the case highlighted Google's alleged systemic racial discrimination, though the company denied wrongdoing. The settlement still requires judicial approval.
View Source
UK's competition watchdog rejects probe into Microsoft-Mistral AI tie-up
Economic Times
·
1y ago
Medial
The UK's competition watchdog, the CMA, has announced that it will not investigate the partnership between Microsoft and Mistral AI. Microsoft invested $16 million in the French start-up in February, allowing its AI models to be accessed through Azure. The CMA stated that the partnership does not qualify for investigation under merger regulations, as Microsoft has not acquired significant influence over Mistral AI. This decision follows the CMA's invitation for comments in April regarding this and other tech partnerships. EU antitrust chief Margrethe Vestager also recently met with Mistral AI to discuss competition in the AI industry.
View Source
Rubrik plans April listing amid U.S. probe into former employee
Reuters
·
1y ago
Medial
California-based cybersecurity software startup Rubrik Inc, currently valued at $4 billion, is reportedly planning to go public in New York as early as April. The move comes as the company deals with a fraud investigation by the US Department of Justice into one of its former employees. Rubrik, founded in 2014, has been cooperating with the investigation and hopes to conclude it by the end of March. The company generates annual recurring revenue of over $600 million and has raised more than $1 billion in funding.
View Source
Microsoft eyes major stake once OpenAI becomes for-profit: WSJ
Inshorts
·
9m ago
Medial
Microsoft and OpenAI are reportedly in talks over the stake the former will get in the AI startup after it converts into a for-profit organisation, the WSJ reported. Microsoft could reportedly get a major stake in exchange for its roughly $14 billion investment in OpenAI. The startup has hired Goldman Sachs as an advisor while Microsoft has hired Morgan Stanley.
View Source
Microsoft faces UK antitrust probe over Inflection AI ties
Livemint
·
1y ago
Medial
The U.K.'s Competition and Markets Authority is examining whether Microsoft's partnership with Inflection AI and the hiring of its employees could harm competition. This comes after Microsoft hired almost all of Inflection AI's employees and paid the startup $650 million for licensing its technology. The authority is investigating whether this should be treated as a de facto merger that could impede competition in the U.K. Microsoft argues that the hiring of talent promotes competition and will provide the information needed for the investigation. The U.S. Federal Trade Commission is also examining the deal.
View Source
Google hit with $314 million US verdict in cellular data class action - The Economic Times
Economic Times
·
1m ago
Medial
A California jury ordered Google to pay $314.6 million to Android users for unauthorized data collection while phones were idle. The class action represents 14 million users who alleged data was used without consent, benefiting Google. The company plans to appeal, claiming misunderstanding of vital services. The lawsuit argues data was used for activities like targeted advertising. A similar lawsuit in federal court is set for trial in 2026.
View Source
UK regulator to push for probe into Amazon, Microsoft cloud dominance
Economic Times
·
1y ago
Medial
UK regulator Ofcom will recommend an antitrust investigation into the dominance of Amazon and Microsoft in the country's cloud computing market. The two companies hold a combined market share of 60-70%, while Google, their closest competitor, has around 10%. Ofcom previously considered referring the market for investigation by the Competition and Markets Authority (CMA). The regulator expressed concerns over constraints on customers' ability to use multiple providers and the difficulty for smaller cloud providers to compete with the giants. Amazon, Microsoft, and Ofcom have not yet commented on the matter.
View Source
GM robotaxi unit Cruise offers $75,000 to resolve crash probe
Economic Times
·
1y ago
Medial
General Motors' Cruise robotaxi unit has offered to pay $75,000 to resolve an investigation into its failure to disclose details of a pedestrian crash involving a self-driving car. The California Public Utilities Commission had ordered Cruise to appear at a hearing on February 6 for misleading the commission and making false public comments. Cruise, which has fired several executives over the incident, has also requested the hearing be deferred and sought alternative dispute resolution. The investigation is expected to be completed before February 6.
View Source
Bluesky crashes as users leave Elon Musk's X after Donald Trump's victory
Livemint
·
8m ago
Medial
Bluesky, a decentralized social network backed by Twitter co-founder Jack Dorsey, is seeing a surge in users as people leave rival platform X (formerly Twitter) following Donald Trump's election win. However, Bluesky experienced an outage on November 14 and 15, with thousands of users unable to access the platform. Although Bluesky has gained over 2.5 million users in the past week and surpassed 16 million lifetime users, it still lags behind X and Meta's Threads. Users are leaving X due to changes in terms of service and concerns about misinformation control and Elon Musk's support for Trump.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
