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Google settles shareholder lawsuit, will spend $500M on being less evil (arstechnica.com)

submitted 1 month ago by sabreW4K3@lazysoci.al to c/technology@beehaw.org

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[–] FundMECFSResearch@lemmy.blahaj.zone 27 points 1 month ago* (last edited 1 month ago) (2 children)

The company will have to form a board-level committee devoted to overseeing the company's regulatory compliance and antitrust risk, a rarity for US firms. This group will report directly to CEO Sundar Pichai. There will also be reforms at other levels of the company that allow employees to identify potential legal pitfalls before they affect the company. Google has also agreed to preserve communications. Google's propensity to use auto-deleting chats drew condemnation from several judges overseeing its antitrust cases.

I guess that’s good. But it feels like slapping a bandaid on an amputated leg. Like in the grand scheme of things it won’t change anything to do with the most evil stuff google does (surveillance capitalism).

[–] sqgl@beehaw.org 8 points 1 month ago* (last edited 1 month ago)

Yeah it seems to merely be a business decision, less about a conscience and more about avoiding losing more anti-trust suits.

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