Technavio has been monitoring the wearable technology market and it is poised to grow by $ 35.48 bn during 2020-2024, progressing at a CAGR of over 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Wearable Technology Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19
Antitrust actions among corporations, particularly those in the tech industry, have received increased attention recently. Many politicians are explicitly calling for the breakup of some of the biggest tech companies out there.
Alphabet is one of many firms targeted by government officials for antitrust scrutiny, even under the administration of supposedly business-friendly President Donald Trump. It is believed that the Justice Department will soon file an antitrust suit against Alphabet related to its dominance in internet search.
Democratic presidential nominee Joe Biden has stopped short of saying he would break up any company over alleged antitrust actions. Nonetheless, Biden has called for more stringent antitrust scrutiny. The possibility of such actions fuels speculation over expanded antitrust investigations.
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A Democratic congressional staff report recommends changes to antitrust laws and enforcement that could result in major changes for Big Tech companies like spinning off or separating parts of their businesses or making it harder to buy smaller companies.
The staff found, after a 16-month investigation into competitive practices at Apple, Amazon, Facebook and Google, that the four businesses enjoy monopoly power that needs to be reined in by Congress and enforcers.
In a nearly 450-page report, the Democratic majority staff laid out their takeaways from hearings, interviews and the 1.3 million documents they scoured throughout the investigation. They conclude that the four Big Tech companies enjoy monopoly power and suggest Congress take up changes to antitrust laws that could result in parts of their businesses being separated.
You can read the full report here.
The recommendations from Democratic staff include:
Imposing structural separations and prohibiting dominant platforms from entering
However, there will be a bright spot in September: the Google Pixel event scheduled for the end of the month.
Alphabet stock earns a ‘B’ rating in Portfolio Grader. The company faces challenges, but it remains a tech powerhouse. With the upcoming Pixel event we’ll see the latest in its continued push into hardware sales — a small, but increasingly important part of its business.
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Often forgotten in the mix — and buried under Google’s monumental advertising revenue — is the company’s growing range
A yearlong lawsuit against Alphabet’s board of directors over allegations of shielding the sexual harassment has, at long last, come to a close. It’s a decision that, as one attorney on the plaintiff’s side said, will “fundamentally alter” the way Google’s parent company operates—and hopefully the way some of its senior staffers operate, too.
To give a quick recap: back in 2018, the New York Times published a pretty grisly exposé detailing the lengths Google’s board went in order to keep a select few high ranking employees comfortable, even after they were credibly accused of sexual harassment. Notoriously, former Android senior VP Andy Rubin allegedly cheated on his then-wife with Googlers that were—in at least one case—not only a direct employees, but direct employees that he pressured into sex. That decision (among others) would eventually lead to his quiet termination, but
Google parent Alphabet has settled a shareholder lawsuit that accused the company of mishandling sexual harassment claims.
The settlement eliminates forced arbitration for employees, and limit the use of non-disclosure agreements.
It’s also agreed to spend $310 million on corporate diversity programs over the next decade.
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Alphabet has settled a shareholder lawsuit that accused the company’s board of mishandling sexual harassment claims.
As per details shared by one of the plaintiffs’ attorneys, the settlement eliminates the forcing of employees involved in discrimination or harassment disputes to settle with private arbitration, and limits Google’s use of non-disclosure agreements.
It was also agreed that employees who depart the company while under investigation for claims of sexual misconduct will not receive any severance or compensation.
Google also agreed to spend $310 million on corporate diversity programs over 10 years as part of the settlement. Those efforts