Under60 Daily | 15 December 2020

Welcome to another edition of Under60 Daily - a brief rundown of the top happenings in the business world, curated by hand to exclude the clutter and ensure you get up to speed in under a minute.

[Regulatory] The Federal Trade Commission voted 4-1 to launch inquiries into the data collection and retention procedures of nine technology companies, including firms such as Facebook and China's ByteDance

Over60: BBC

[Regulatory] Pinterest agreed to settle a gender discrimination and retaliation lawsuit brought by its former chief operating officer, Francoise Brougher, for $22.5 million. Brougher alleged that she was fired upon presenting information of gender bias, and the settlement includes a $2.5 million investment to be used to advance women and underrepresented communities in the technology industry.

Over60: CNN

[Cloud] Google suffered outages for several of its services yesterday, Monday, due to issues with a system that authenticates log-in credentials for its users.

Over60: WSJ, Economic Times

[WFH] Google becomes a frontrunner among large tech companies as it announces its plans to experiment with a flexible work week for some of its employees when they return to the office in September next year.

Over60: The Verge

[Economy] U.K. unemployment hits its highest since 2016, just as several parts of the country return to strict lockdown before the holidays.

Over60: Business Insider

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