Google parent Alphabet Inc. is cutting 12,000 jobs worldwide, roughly 6% of its global workforce. The cuts, announced by CEO Sundar Pichai in a memo to Google employees, is the latest in Big Tech job cutbacks.
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Facebook and Google CEOs Mark Zuckerberg and Sundar Pichai signed off on a deal between the two companies to rig the digital advertising market, a recently unredacted lawsuit alleges.
The existence of the deal, dubbed Jedi Blue, was first revealed in a complaint filed by Republican Texas Attorney General Ken Paxton in December 2020 which alleged that Google unlawfully abused its dominance in the digital ads market. The complaint alleged that Google struck a deal with Facebook in 2018 to give the social company secret advantages in its ad exchanges, known as Open Bidding auctions, to the detriment of competitors.
An unredacted version of the complaint filed Friday alleges that Facebook CEO Mark Zuckerberg personally signed off on the deal. The complaint alleges Facebook chief operating officer Sheryl Sandberg brokered the deal with top Google executive Philipp Schindler and pushed Zuckerberg to approve.
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The founder of CloutHub, a free speech social media network, has responded to former President Donald J. Trump’s class action lawsuit against several Silicon Valley titans, which the forty-fifth president announced Wednesday.
“I am pleased that President Trump is fighting back against Big Tech corporations after enduring months of blatant injustices,” Jeff Brain said in press release. “His lawsuit is based on the infringement of his fundamental free speech rights that powerful companies such as Facebook and Twitter imposed based on their own political bias; a bias that has no place with such important keepers of our national public square online.”
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