Alphabet, Google’s parent company, laid off approximately 12,000 of its employees on Friday. Among those laid off is Robyn Silber, a software engineer who says she was on medical leave because she was psychologically abused by her managers. She had previously shared her story on TikTok. Silber says she received an email Friday morning stating that she has been fired from Google. She told the Daily Dot that she was set to return to Google on Feb. 1. Her leave of absence, which she says was under the Family and Medical Leave Act (FMLA), was approved in August. While “firing”…
Tag: software engineer salary
Spy software found a worker wasn’t working as much as she said. Now she must repay her wages.
A Canadian accountant has been ordered to repay her employer for “time theft” after the company’s tracking software determined that she was performing personal tasks while she was claimed to be working. The court ruling marks one of the first instances in which such technology has been used to order a worker to repay an employer for slacking off on the job. Karlee Besse, an employee of Vancouver Island accounting firm Reach CPA, initially claimed she was wrongfully dismissed and that her employer owed her $5,000 in unpaid wages and severance pay. Besse’s employer said it terminated her because she…
2022.44.25.1 Official Tesla Release Notes
– Enabled FSD Beta on highway. This unifies the vision and planning stack on and off-highway and replaces the legacy highway stack, which is over four years old. The legacy highway stack still relies on several single-camera and single-frame networks, and was setup to handle simple lane-specific maneuvers. FSD Beta’s multi-camera video networks and next-gen planner, which allows for more complex agent interactions with less reliability on lanes, makes way for adding more intelligent behaviors, smoother control and better decision making. – Improved Occupancy Network’s recall for close by obstacles and precision in severe weather conditions with 4x increase in…
Progress Software (PRGS): Restarting The M&A Engine With MarkLogic Acquisition
gorodenkoff/iStock via Getty Images Progress Software (NASDAQ:PRGS) recently announced its proposed acquisition of privately held on-premise NoSQL database vendor MarkLogic for $355m cash (webcast here). The implied 3-4x EV/Sales valuation seems slightly pricey given the low-single-digit % growth profile, but the sticky, high retention customer base fits well within the PRGS acquisition playbook. And while management hasn’t embedded much in the way of cross-selling synergies, the cost synergy opportunities should help the company eventually achieve a net accretive outcome (albeit not in the short-term). The stock was up on the M&A news, however, valuation multiples are still well below their…
Seaport software company PTC expands reach with $1.5 billion deal
Boston software company PTC has its roots in computer-aided design applications that help companies engineer everything from automobiles to wind turbines to spacesuits, even the National Ignition Facility that just reported a major breakthrough in fusion energy. But once a product’s detailed specifications exist in digital form, there’s a lot more that can be done. PTC chief executive Jim Heppelmann has spent the past dozen years buying smaller companies to extend the usefulness of digital designs into manufacturing, management, and maintenance. This week, Heppelmann completed his largest deal yet, paying almost $1.5 billion for ServiceMax, a company that will stretch…
Trinity Legacy Companions LLC Has $5.45 Million Stake in Microsoft Co. (NASDAQ:MSFT)
Trinity Legacy Companions LLC minimize its holdings in Microsoft Co. (NASDAQ:MSFT – Get Score) by 2.4% within the third quarter, in response to its most up-to-date Kind 13F submitting with the Securities & Alternate Fee. The fund owned 23,404 shares of the software program big’s inventory after promoting 564 shares throughout the interval. Microsoft makes up 2.3% of Trinity Legacy Companions LLC’s portfolio, making the inventory its tenth largest place. Trinity Legacy Companions LLC’s holdings in Microsoft have been price $5,451,000 as of its most up-to-date SEC submitting. A number of different hedge funds have additionally added to or diminished…
359 Shares in iShares Expanded Tech-Software program Sector ETF (BATS:IGV) Bought by Non-public Belief Co. NA
Non-public Belief Co. NA acquired a brand new place in shares of iShares Expanded Tech-Software program Sector ETF (BATS:IGV – Get Score) within the second quarter, Holdings Channel.com stories. The institutional investor acquired 359 shares of the corporate’s inventory, valued at roughly $97,000. Quite a few different giant traders have additionally added to or lowered their stakes in IGV. Financial institution of Montreal Can enhance its holdings in iShares Expanded Tech-Software program Sector ETF by 1,013.4% throughout the first quarter. Financial institution of Montreal Can now owns 311,792 shares of the corporate’s inventory price $108,410,000 after shopping for a further…
/cloudfront-us-east-1.images.arcpublishing.com/tgam/BDTKAKNTPZETRB4R5IYMCNOXNY.JPG?w=1200&resize=1200,0&ssl=1 "Apple updates software program after crash-detection system prompts false alarms in backcountry")
Apple updates software program after crash-detection system prompts false alarms in backcountry
Authorities in Canada and america have flagged issues associated to the sensitivity of Apple’s crash detection system, which lately triggered a search-and-rescue mission within the backcountry in BCJeff Bassett/The Canadian Press Apple Inc. launched a software program replace this week that it hopes will stop its gadgets from inserting pointless emergency calls, such because the one which prompted a search-and-rescue mission into British Columbia’s again nation and a police response in Alberta, though the corporate declined to element what adjustments it applied. The corporate launched its new “crash detection” system in September and over the previous week in BC, iPhones…