Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Alphabet Inc.
  6. News
  7. Summary
    GOOGL   US02079K3059

ALPHABET INC.

(GOOGL)
  Report
Real-time Estimate Cboe BZX  -  08:00:00 2023-01-30 pm EST
98.47 USD   +1.58%
04:47pMarketmind: Fasten your seatbelts
RE
04:42pEquity Markets Retreat Ahead of Major Tech Earnings, Fed Decision
MT
04:30pStocks fall, U.S. yields climb as central bank hikes awaited
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Google employee's anti-diversity memo prompts company rebuke

08/06/2017 | 09:08pm EST
Google logo adorns entrance of Google Germany headquarters in Hamburg

(Reuters) - Google executives over the weekend rushed to denounce an engineer's memo that ascribed gender inequality in the technology industry to biological differences, a view that sparked outrage at the internet giant and inflamed tensions over sexual harassment and discrimination in Silicon Valley.

The unnamed engineer asserted in the 3,000-word document that circulated inside the company last week that "Google’s left bias has created a politically correct monoculture" which prevented honest discussion of the issue.

"Distribution of preferences and abilities of men and women differ in part due to biological causes and that these differences may explain why we don’t see equal representation of women in tech and leadership," he wrote.

The memo stoked the heated debate over treatment of women in the male-dominated Silicon Valley that has boiled for months following sexual harassment scandals at Uber Technologies Inc and several venture capital firms.

Google's recently hired vice president of diversity, integrity and governance, Danielle Brown, sent a memo in response to the furore, saying the engineer's essay "advanced incorrect assumptions about gender."

"Part of building an open, inclusive environment means fostering a culture in which those with alternative views, including different political views, feel safe sharing their opinions," Brown wrote.

"But that discourse needs to work alongside the principles of equal employment found in our Code of Conduct, policies, and anti-discrimination laws," she added.

Google engineering vice president Aristotle Balogh also wrote an internal post criticizing the employee's memo, saying "stereotyping and harmful assumptions" could not be allowed to play any part in the company's culture.

A Google spokesperson told Reuters that the statements from Brown and Balogh were official responses from Google.

The controversy erupted as the Department of Justice continues to press an investigation of alleged gender-based pay discrimination at Google, a unit of Alphabet Inc.. The company has denied the charges.

The episode also sparked debate on the proper limits of free speech in corporate environments.

Entrepreneur Elissa Shevinsky wrote on blogging website Medium that speech "questioning the technical qualifications of people based on race or gender" could fall under Title VII of the Civil Rights Act, which prohibits employment discrimination based on race, colour, religion, sex and national origin.

"Google is not a space where employees should be able to express and share whatever feelings they may have, regardless of how it affects others," Shevinsky wrote.

Former Google privacy engineer Yonatan Zunger wrote on Medium that the unnamed engineer "does not appear to understand the consequences of what he wrote, either for others or himself," and said if the engineer reported to him he'd be fired.

There were also expressions of support for the anonymous engineer. He said in a comment on his original posting that he had received "many personal messages from fellow Googlers expressing their gratitude for bringing up these very important issues," according to a copy of the memo posted by technology news site Gizmodo.

Motherboard, the online news outlet that first reported the employee's memo, reported Sunday that many messages on the anonymous corporate messaging app Blind showed backing for the view that Google's culture was too politically correct.

(Reporting by Sam Forgione; Editing by Jonathan Weber and Mary Milliken)

By Sam Forgione


ę Reuters 2017
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -2.45% 96.94 Delayed Quote.12.63%
INCLUSIVE INC. -0.40% 1000 Delayed Quote.2.93%
UBER TECHNOLOGIES, INC. -2.40% 29.63 Delayed Quote.22.77%
All news about ALPHABET INC.
04:47pMarketmind: Fasten your seatbelts
RE
04:42pEquity Markets Retreat Ahead of Major Tech Earnings, Fed Decision
MT
04:30pStocks fall, U.S. yields climb as central bank hikes awaited
RE
04:27pEquity Markets Retreat Ahead of Major Tech Earnings, Fed Decision
MT
04:22pTech, megacaps drag Wall St to lower close as big market week kicks off
RE
04:01pTech, megacaps drag Wall St down at start of big market week
RE
03:42pEquities Lose Steam Ahead of Major Tech Earnings, Fed Decision
MT
03:40pACLU Says Google Mobile Data Use as Evidence by Police Should Be Prohibited
MT
02:46pStocks fall, U.S. yields climb with central banks on tap
RE
02:18pTech, megacaps drag Wall St lower at start of big market week
RE
More news
Analyst Recommendations on ALPHABET INC.
More recommendations
Financials (USD)
Sales 2022 283 B - -
Net income 2022 62 298 M - -
Net cash 2022 114 B - -
P/E ratio 2022 20,5x
Yield 2022 -
Capitalization 1 261 B 1 261 B -
EV / Sales 2022 4,05x
EV / Sales 2023 3,69x
Nbr of Employees 186 779
Free-Float 89,6%
Chart ALPHABET INC.
Duration : Period :
Alphabet Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ALPHABET INC.
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Last Close Price 96,94 $
Average target price 125,69 $
Spread / Average Target 29,7%
EPS Revisions
Managers and Directors
Sundar Pichai Chief Executive Officer & Director
Ruth M. Porat Chief Financial Officer & Senior Vice President
John LeRoy Hennessy Chairman
John L Doerr Independent Director
Ann Mather Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ALPHABET INC.12.63%1 294 301
BAIDU, INC.21.56%48 044
NAVER CORPORATION16.62%25 756
Z HOLDINGS CORPORATION13.40%21 725
YANDEX N.V.0.00%6 848
GURUNAVI, INC.1.02%168