Google fined $2.7B; Sprint explores deal with Comcast, Charter; Seattle's $15 minimum harms workers
Seattle Mayor Ed Murray signs a bill that raises the city's minimum wage to $15 an hour on June 3, 2014. (David Ryder/Getty Images)

Google fined $2.7B; Sprint explores deal with Comcast, Charter; Seattle's $15 minimum harms workers

LinkedIn's editors publish the Daily Rundown so you can get up to speed. Got something to say? Join the conversation by clicking the hashtags below. 

European Union regulators slapped Google with a record $2.7 billion antitrust fine for favoring its own shopping services over rivals. The result of a seven-year-long investigation into Google, which holds more than 90% of the market in online search across Europe, will require the tech giant to, within 90 days, provide technical solutions that fight perceived antitrust abuse. Google has repeatedly claimed it hasn't done anything illegal, and has the right to appeal the decision. #GoogleEUAntitrust

?Sprint is in exclusive talks for wireless offerings with Comcast and Charter, The Wall Street Journal reports, putting merger discussions with T-Mobile on hold — at least through late July. The three companies are exploring a deal that could boost wireless A Sprint/T-Mobile merger remains possible "may still be the most likely outcome.” Another remote possibility — a joint purchase of Sprint by Comcast and Charter. #SprintCharterComcast

Seattle's $15 per hour minimum wage hike is harming low-wage workers, according to a new study, awaiting peer review, by the National Bureau of Economic Research. In the three years since the increase some employers have cut payrolls, delayed hiring, and reduced hours, The Washington Post reports. While worker pay is up 3%, hours are down 9%, which amounts to an average net loss of $125 per month. #SeattleMinimumWage

The Supreme Court made three big decisions on its last day in session, in addition to allowing the Trump travel ban to take effect before arguments on the case are heard in the fall...

...In a major church-state decision, it decided states can’t discriminate against religious institutions on matters of funding for public safety. The court also said states must list both parents on the birth certificates of same-sex couples’ children, and that it will decide next term if a baker can refuse to make a cake for a gay wedding. It also declined to hear a challenge to a California law that places strict limits on carrying guns in public. #SCOTUSfinale

Big Brother is watching in China?. Facial recognition technology has been becoming more commonplace as part of a social-engineering experiment to help monitor citizens, The WSJ reports. The goal is to influence behavior and find — even shame — lawbreakers. By 2020, China hopes to provide citizens with a national "social credit" system that rates each citizen based on how they behave in the workplace, public venues and with their financial dealings. #ChinaFacialRecognition

What's your take? Join the conversations on today's stories: #GoogleEUAntitrust | #SprintCharterComcast | #SeattleMinimumWage | #SCOTUSfinale | #ChinaFacialRecognition

Lorraine K. Lee / Share this using #DailyRundown

Dave Gwiazdon

Getting the job done using ingenuity, innovation and positive energy.

7 年

I'm not sure why it would be a surprise to anyone that when minimum wage is increased, there is going to be a natural business offset that would place more responsibility...i.e.: results from the same worker who is now making $15/ hr instead of what they were making. As the minimum wage increases, qualifications and abilities are going to become a larger part of the equation. Which seems to me, flies in the face of what a minimum wage job was meant to be...a no experience necessary entry into the workforce where natural talent, desire, ability to learn and personal growth create higher earning potential, either with that same company or somewhere else in the workplace. Even if this study doesn't include chain businesses, I would imagine you would fine similar results there. And I get it, there are companies out there that take advantage of minimum wage and limit employees from getting past it. It just seems those companies would lose in the end, because all companies are only as good as those who work for/with us. A strong, happy and loyal workforce is the one the best ways to stay competitive...no matter what you do.

NELSON J. ORTIZ

Government Contracting Advocate | Global Supplier Diversity SME | Strategic Planning | Speaker | Mentor

7 年

The study in Seattle is flawed neglected to include chain businesses which excluded 40% of the low income workforce.

回复
NELSON J. ORTIZ

Government Contracting Advocate | Global Supplier Diversity SME | Strategic Planning | Speaker | Mentor

7 年

The study in Seattle is flawed neglected to include chain businesses which excluded 40% of the workforce.

回复
Joseph O'Brien

Software marketing and sales at Software Techniques Inc.

7 年

Does Sherman Antitrust laws apply to Google, Facebook, Amazon in the U.S?

回复
Daphine Akankwatsa

Researcher | Data Analyst | Social Worker | Consultant

7 年

Hmmm

回复

要查看或添加评论,请登录

LinkedIn Daily Rundown (US)的更多文章

社区洞察

其他会员也浏览了