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The Department of Labor has found "systemic compensation disparities" between Google's female employees and their male counterparts, regional director Janette Wipper said at a hearing in San Francisco. The hearing was in connection with the department's lawsuit over Google's failure to hand over detailed compensation data about employees at its Mountain View, California, headquarters. → Read More
Starboard Value last week launched a proxy fight to replace the board at Yahoo, blasting the company's management and nominating its own slate of board members. One of Yahoo's largest investors, Starboard has a 1.7 percent stake worth about $570 million. It has been "extremely disappointed with Yahoo's dismal financial performance," said Jeffrey Smith, managing member of Starboard. → Read More