Posts filtered by tags: David Drummond[x]


 

Uber relies on Google Maps for its business and spent $58 million on it over three years (GOOGL, GOOG)

Uber filed to go public on Thursday, and its paperwork shows that Uber spent $58 million on Google Maps between 2016 and 2018. Uber sees Google Maps as "critical" to its business, it says in the filing.  If Google and Uber were to end their agreement, this could harm Uber's business because other mapping services may be expensive, inferior, or just not exist.  Uber filed to go public on Thursday, and its S-1 paperwork revealed that from the beginning of 2016 to the end 2018, Uber spent s...
Tags: Google, Lyft, Uber, Trends, Google Maps, Aston Martin, Amazon Web Services, Alphabet, Alphabet Google, David Drummond, Lagonda, Dara Khosrowshahi, Waymo, IPO Uber


Larry Page approved $150M stock grant to Andy Rubin despite sex abuse allegations & without board's OK, lawsuit claims

Alphabet and Google co-founder Larry Page did not ask his company's board of directors for approval before personally approving a $150 million dollar stock grant to disgraced Android executive Andy Rubin, despite the sexual harassment allegations that led to Rubin's ouster. These are the claims in an investor lawsuit, which says the company covered up the sexual misconduct of Rubin and others. From Joel Rosenblatt and Gerrit De Vynck at Bloomberg: Alphabet Inc. Chief Executive Officer Larry Pa...
Tags: Google, Android, Post, News, California, Bloomberg, Larry Page, Sergey Brin, Sexual Abuse, Sexual Harassment, Googlers, Sundar Pichai, John Doerr, Ram Shriram, Page, Alphabet Inc


Google board sued for $90 million payout to Andy Rubin amid sexual abuse probe

“While at Google, Rubin is also alleged to have engaged in human sex trafficking -- paying hundreds of thousands of dollars to women to be, in Rubin’s own words, ‘owned’ by him.” The Board of Directors of Alphabet Inc., parent company of Google, has been sued by shareholders for okaying that $90 million exit payment to Andy Rubin, the Android mobile software superstar developer, while actively covering up abuse committed by him and other executives. Rubin was credibly accused of violently se...
Tags: Google, Post, Business, Technology, News, California, Tech, Bloomberg, Larry Page, New York Times, Sergey Brin, Sexual Abuse, Sexual Harassment, John Doerr, Ram Shriram, Alphabet


Shareholder suit alleges Google covered up its sexual harassment problems with big payouts

Months after an earth-shattering New York Times investigation exposed Google parent company Alphabet’s $90 million payout to Android co-founder Andy Rubin, despite the accusations of sexual misconduct made against him, a Google shareholder is suing the company. James Martin filed suit in the  San Mateo Superior Court Thursday morning, alleging the company’s leaders deployed massive allowances to poor-behaving executives to cover up harassment scandals. Both Rubin and Google’s former head of s...
Tags: Google, Android, TC, Lawsuit, Tech, Larry Page, New York Times, Sergey Brin, Silicon Valley, Airbnb, Sexual Harassment, James Martin, Eric Schmidt, Sundar Pichai, John Doerr, Ram Shriram


Google Board Sued for Hushing Claims of Executive Misconduct

The complaint targeted the company’s top executives and committee members, including co-founders Larry Page and Sergey Brin, venture capitalist John Doerr, investor Ram Shriram and Alphabet Chief Legal Officer David Drummond, among others. “Rubin was allowed to quietly resign by defendants Larry Page and Sergey Brin after an internal investigation found the allegations of sexual harassment by Rubin to be credible,” according to one complaint filed Thursday in California state court.
Tags: Science, California, Larry Page, Sergey Brin, John Doerr, Ram Shriram, Rubin, David Drummond


Google Board Sued for Hushing Misconduct Claims About Rubin

The investor claims the Google parent’s board failed in its duties by allowing the harassment to occur and covering up Rubin’s behavior, as did the company’s top executives and committee members, including co-founders Larry Page and Sergey Brin, venture capitalist John Doerr, investor Ram Shriram and Alphabet Chief Legal Officer David Drummond, among others. “Rubin was allowed to quietly resign by defendants Larry Page and Sergey Brin after an internal investigation found the allegations of sex...
Tags: Google, Science, California, Larry Page, Sergey Brin, John Doerr, Ram Shriram, Rubin, David Drummond, Google Board


Alphabet’s life science tech unit Verily raises $1 billion from investors: Reuters

Verily, Alphabet Inc’s (GOOGL.O) life sciences division, on Thursday announced a $1 billion investment round led by private equity firm Silver Lake. Alphabet Chief Financial Officer Ruth Porat and Silver Lake Managing Director Egon Durban will be nominated to Verily’s operating board, the company said. Verily’s existing board members include Chief Executive Andrew Conrad, Alphabet executives Larry Page, Sergey Brin and David Drummond and Temasek senior managing director Fidah Alsagoff, a company...
Tags: Google, Singapore, Trends, Silver Lake, Temasek, Ruth Porat, Reuters, Alphabet Inc, Larry Page Sergey Brin, David Drummond, VC Deals, Ontario Teachers ' Pension Plan, Goldman Sachs and Co LLC, Egon Durban, Silver Lake Alphabet Chief Financial, Andrew Conrad Alphabet


PlayVS scores $30.5 mln Series B

PlayVS, which is building the infrastructure and official platform for high school esports, has secured $30.5 million in Series B funding. Elysian Park Ventures led the round with participation from other investors that included New Enterprise Associates, Science Inc., Crosscut Ventures, Coatue Management, WndrCo, Adidas, Samsung NEXT, Plexo Capital and Sean “Diddy” Combs. PRESS RELEASE LOS ANGELES, CA – November 20th – PlayVS – the startup building the infrastructure and official platform for h...
Tags: Google, MOBA, Facebook, Europe, Texas, Mississippi, Samsung, Alabama, Los Angeles, Trends, Georgia, Adidas, San Diego, Nintendo, North America, Los Angeles Dodgers


KKR adds Ulta Beauty CEO to board

KKR has named Mary N. Dillon to its board of directors. Dillion is the CEO of Ulta Beauty Inc. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–KKR & Co. Inc. (NYSE: KKR) (“KKR”) today announced that effective today, Mary N. Dillon has been appointed to the Board of Directors of KKR. Her appointment will bring the number of independent directors on KKR’s Board to eight out of a total of twelve Board seats. Ms. Dillon is the Chief Executive Officer of Ulta Beauty, Inc., a Fortune 500 retailer and the premi...
Tags: New York, Trends, Walmart, People, KKR, Board, Dillon, David Drummond, Robert Scully, Ulta Beauty, Dillion, Ulta Beauty Inc, Alphabet Inc Joseph Grundfest Stanford, Securities and Exchange Commission John Hess, Patricia Russo, Alcatel Lucent Thomas Schoewe


Google risks revolt in breaching Great Firewall of China

When Google abandoned the Chinese web search market in 2010 it cast itself as a principled objector to censorship and surveillance. Legal chief David Drummond, who remains a senior executive today, said that the blocking of Facebook,... [Author: [email protected]]
Tags: Google, Facebook, Business, China, David Drummond


KKR adds Niel to board

KKR has named Xavier Niel to its board of directors. Currently, Niel is the chief strategy officer of Iliad SA and the deputy chairman of its board of directors. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–KKR & Co. L.P. (NYSE: KKR) today announced that effective March 1, 2018, Xavier Niel has been appointed to the Board of Directors of KKR Management LLC, the managing partner of KKR. His appointment will bring the number of independent directors on KKR’s Board to seven out of a total of eleven Board...
Tags: New York, Trends, Walmart, People, KKR, Niel, Board, Xavier Niel, KKR Co, David Drummond, Iliad SA, Hess Corporation, Robert Scully, KKR Co L P NYSE, KKR Management LLC, Iliad SA KKR


Shareholder Lawsuits Against Spotify Just Got Easier

While there has long been a crusade from the powers that be to de-fang small publishers and independent songwriters as much as possible to prevent them from suing major companies like Spotify, the streaming platform's new public status could shareholders a legal leg-up. ________________________ Guest post by Chris Castle of The Digital Media Association is as obsessed with crushing the ability of independent songwriters and small publishers to sue companies like Spotify for copyrig...
Tags: Google, Facebook, Mark Zuckerberg, Spotify, Music, Marketing, US, Bloomberg, Larry Page, Guest Post, EK, Sergey Brin, Streaming, SEC, Silicon Valley, Department Of Justice


Travis Kalanick used to think of Larry Page and Google like 'a big brother' until they became his worst nightmare

Before they were enemies, Google and Uber were more than friends. Google was a big early investor in Uber. Kalanick described his early relationship with Google founder Larry Page as little brother/big brother. And then he discussed how it disintegrated as Google started to compete with Uber.  Uber's former CEO Travis Kalanick took the stand this week in San Francisco to defend Uber in a lawsuit brought by Waymo. Waymo, the self-driving car startup spun out of Google parent Alphabet, is suin...
Tags: Google, Uber, San Francisco, Trends, Larry Page, Silicon Valley, Travis Kalanick, Waze, Google Ventures, Detroit, Kalanick, Carnegie Mellon University, Chris Urmson, Bay Area, Drummond, Larry


Teaming up with SocialWorks to bring computer science to Chicago Public Schools

Today, 5th grade students at Adam Clayton Powell Jr. Academy in Chicago got a surprise. It was cool enough that they were doing a coding activity with Chicago Googlers as a part of Computer Science Education Week—but then another Chicago native joined the fun. When Chance The Rapper arrived, there were shouts of excitement and delight, and Chance even gave coding a try. SocialWorks, a non profit co-founded by Chance, is on a mission to expose youth across the city to programming and to ensur...
Tags: Google, Education, Chicago, Google.org, Chance, Chicago Public Schools, U S Virgin Islands, Computer Science Education Week, David Drummond, SocialWorks, KaMar Galloway, Adam Clayton Powell Jr Academy, Chicago Googlers, Chicago Public Schools ' CS4All Initiative, Justin Cunningham, Justin Steele Google org Principal


UnitedMasters Lands $70 Million From Google To Take On The Record Labels

[UPDATE 2] Next-gen artist services and music technology platform UnitedMasters, led by former Interscope Records president Steve Stoute, has exited stealth mode with $70 million in funding from Google's parent company Alphabet, respected venture capital firm Andreessen Horowitz, Floodgate, Translation and entertainment conglomerate 20th Century Fox. _________________________________   UnitedMasters has raised $70 million to take on just about everyone in the recorded music business. ...
Tags: Google, Music, Marketing, Larry Page, Pandora, Ben Horowitz, Steve, Bmg, Alphabet, Music Business, Music Tech, Page, Indie Labels, Major Labels, Bruce Houghton, HOROWITZ


UnitedMasters Lands To $70 Million From Google To Take On The Record Labels

[UPDATED] Next-gen artist services and music technology platform UnitedMasters, led by former Interscope Records president Steve Stoute, has exited stealth mode with $70 million in funding from Google's parent company Alphabet, respected venture capital firm Andreessen Horowitz, Floodgate, Translation and entertainment conglomerate 20th Century Fox. _________________________________   UnitedMasters has raised $70 million to take on just about everyone in the recorded music business.  ...
Tags: Google, Music, Marketing, Larry Page, Pandora, Ben Horowitz, Steve, Bmg, Alphabet, Music Business, Music Tech, Page, Indie Labels, Major Labels, Bruce Houghton, HOROWITZ


Former Uber CEO Travis Kalanick believes in "fast firing,' according to his text messages

Newly disclosed text messages from former Uber CEO Travis Kalanick reveal all kinds of insights into his mind. Among them: How he feels about firing people. Kalanick is an advocate of doing it "fast." But not in every case. This insight comes from a cache of 400 text messages released to the public thanks to the lawsuit between Uber and Waymo, the self-driving car company spun off from Google's parent company Alphabet. In one set of the texts, Kalanick describes his principles for firing someone...
Tags: Google, Uber, Obama, Trends, Travis Kalanick, Kalanick, Alphabet, Drummond, David Drummond, Waymo, Anthony Levandowski, Levandowski, Otto s News


Uber CEO Travis Kalanick believes in "fast firing,' according to his text messages

Newly disclosed text messages from Travis Kalanick reveal all kinds of insights into his mind. Among them: How he feels about firing people. Kalanick is an advocate of doing it "fast." But not in every case. This insight comes from a cache of 400 text messages released to the public thanks to the lawsuit between Uber and Waymo, the self-driving car company spun off from Google's parent company Alphabet. In one set of the texts, Kalanick describes his principles for firing someone (emphasis ours)...
Tags: Google, Uber, Trends, Travis Kalanick, Kalanick, Alphabet, Drummond, David Drummond, Waymo, Anthony Levandowski, Levandowski, Otto s News


New emails show how mistrust and suspicions blew up the relationship between Uber's Travis Kalanick and Google's Larry Page (GOOG, GOOGL)

The more Uber's CEO heard rumors about Google's plans for its self-driving cars, the more he begged to get a meeting with Larry Page. New emails disclosed in a court filing on Thursday show Travis Kalanick's suspicions and reaction as it became clear that Google — an early investor in Uber — was exploring launching a competing ride-sharing service using the self-driving cars it was developing. The two companies are bitter enemies today, with each racing to develop competing self-driving-car tech...
Tags: Google, Uber, Trends, Travis Kalanick, Emil Michael, Kalanick, Page, Drummond, Larry, Mountain View California, David Drummond, Waymo, Larry Page GOOG GOOGL, Larry Page New, Silicon Valley Here, Drummond Kalanick


New emails show Travis Kalanick's fears and suspicions about Google's self-driving cars (GOOG, GOOGL)

The more Uber's CEO heard rumors about Google's plans for its self-driving cars, the more Travis Kalanick begged to get a meeting with Larry Page. New emails revealed in a court filing on Thursday show Kalanick's suspicions and reaction as it became clear that Google —  an early investor in Uber — was exploring launching a competing ride-sharing service using the self-driving cars it was developing. The two companies are bitter enemies today, with each racing to develop competing self-driving ca...
Tags: Google, Uber, Trends, Larry Page, Mountain View, Travis Kalanick, Emil Michael, Kalanick, Drummond, Larry, David Drummond, Waymo, Larry Page New, Larry Page Without, Silicon Valley Here, Drummond Kalanick


Emails Show Travis Kalanick Worried For Years About Google's Self-Driving Car Efforts

Emails contained in a new legal filing show Uber’s former CEO, Travis Kalanick, fretted for years about other companies outstripping Uber in the race to develop autonomous vehicles and use them for ridesharing, and once sought a partnership with Google to ensure that Uber could win the race. In one email, Kalanick…Read more...
Tags: Google, Uber, Science, Larry Page, Travis Kalanick, Self Driving Cars, David Drummond, Waymo


Everything you need to know about the Google lawsuit that could derail Uber's future (GOOG, GOOGL)

The first self-driving car prototypes are already navigating the roads in a few cities. But the real action is about to take place in the courtroom.  Google and Uber, the two giants at the forefront of developing the technology, are vying to own the emerging market and to suck up the profits. The stakes are high and the fight is already getting personal, with Google accusing one of its star engineers of stealing some of its crown jewels.  Last month, Waymo, the self-driving company owned by Go...
Tags: Google, Uber, San Francisco, Trends, Bloomberg, Silicon Valley, Google Ventures, Lidar, Alphabet, Fiat Chrysler, Otto, Kara Swisher, David Drummond, Google Home, Waymo, Levandowski


Google's self-driving-car company is suing Uber, alleging that it stole its technology (GOOG, GOOGL)

Google and Uber started off as friends, then became competitors, and are now adversaries in a bitter legal fight to control the future of transportation. In an explosive lawsuit filed on Thursday, the Google self-driving-car group, now known as Waymo, accused Uber of using stolen technology to advance its own autonomous-car development. The suit, filed in the US District Court in San Francisco, claims that a team of ex-Google engineers stole the company's design for the "lidar" laser sensor that...
Tags: Google, Uber, San Francisco, Trends, Arizona, Google Ventures, US District Court, Drummond, Otto, David Drummond, Waymo, Anthony Levandowski, Levandowski, David Krane


Daily Deals 11/04/16

US Daily Deals Kindle Unlimited members can read and listen to the Audible Daily Deal, Marcia Clark’s Blood Defense, for free, while those who have purchased the Kindle edition ($2.00) can save an extra dollar with Whispersync pricing on the Audible edition, which means you get both editions for a buck more than the audidbook alone. The Nook Audiobook of the Day is PT-109: JFK’s Night of Destiny ($20.78/$6.49 Audible, $3.99 Nook), by William Doyle, narrated by David Drummond. Today’s Kindle Dai...
Tags: Google, Audiobooks, Facebook, Books, Science Fiction, Romance, Holidays, Fantasy, US, Netflix, Kindle Books, Silicon Valley, Jfk, True Crime, Marcia Clark, Harper


The Battle For The Future Of Transportation Seems Imminent

Pay no attention to the cordial press releases. Google ― sorry, Alphabet ― sure looks like it’s thinking about taking on Uber. Earlier this week, Google announced that its popular Waze app, which offers crowd-sourced navigation and has  , plans to explore a carpooling feature in the Bay Area sometime this fall. At around the same time, David Drummond ― chief legal officer at Alphabet, the parent company of Google ― announced his resignation from Uber’s board of directors. Drummond’s departure e...
Tags: Google, Lyft, Uber, News, Nbc, David, Kelley Blue Book, Travis Kalanick, Waze, Google Ventures, Huffington Post, Alphabet, Bay Area, Ryan Grenoble, Drummond, Otto


Clash of ride-sharing titans: Why Alphabet exec left the Uber board

David Drummond, an Alphabet exec and chairman of Google Ventures, steps down from Uber’s board as competition grows between the tech giant and the developing ride-hailing corporation.
Tags: Google Ventures, David Drummond


Google To Take On Uber With New Ride-Share Service

Finally, a major company is planning to compete with Uber in the ride-sharing service space. The Wall Street Journal reports today that Google is planning to debut its own ride-hailing service in San Francisco at "far cheaper rates." (Editor's note: the link could be paywalled, here's an alternate source.) The Mountain View-based company began a pilot program around its California headquarters in May, and enabled several thousand area workers at specific firms to use the Waze navigation app to c...
Tags: Google, Uber, California, San Francisco, Tech, Waze, Wall Street Journal, David Drummond


Google plans to expand its Uber-like carpooling service to all of San Francisco

Google-owned Waze plans to expand testing of its Waze Carpool service to all of San Francisco this fall, . Waze Carpool will start testing in San Francisco and expand from there if successful, according to the WSJ report. Waze Carpool began a limited test with some companies in parts of the Bay Area in May. The service pairs you with a driver headed in the same direction. The service is only on during rush hour, but it's similar to carpooling features offered by Uber and Lyft. However, Waze's s...
Tags: Google, Lyft, San Francisco, Trends, Waze, WSJ, Alphabet, Bay Area, David Drummond


Google said to undercut Uber with expanded ride-share service in San Francisco

 Google is running its own ride-sharing service in San Francisco, the Wall Street Journal reports. The move would put Google in direct, immediate competition with Uber, which helps explain even further the recent departure of Alphabet executive David Drummond from Uber’s board. Google’s new offering piloted in May, according to the WSJ, and uses the Google-owned Waze app to…
Tags: Google, TC, Transportation, Uber, San Francisco, Tech, Automotive, Waze, Wall Street Journal, WSJ, Car Sharing, Carpool, David Drummond


Clash of ride-sharing titans: Why Alphabet exec left the Uber board

David Drummond, an Alphabet exec and chairman of Google Ventures, steps down from Uber’s board as competition grows between the tech giant and the developing ride-hailing corporation.
Tags: News, Google Ventures, David Drummond