Silicon Valley Warms to Trump After a Chilly Start

Silicon Valley Warms to Trump After a Chilly Start Photo Tech companies have slowly grown more comfortable with President Trump, who was initially a target of Silicon Valley criticism. Chief executives including Apple’s Tim Cook, Microsoft’s Satya Nadella and Amazon’s Jeff Bezos met with the president in June. Credit Stephen Crowley/The New York Times SAN FRANCISCO — Two days after Donald J. Trump won the 2016 election, executives at Google consoled their employees in an all-staff meeting broadcast around the world.
“There is a lot of fear within Google,” said Sundar Pichai, the company’s chief executive, according to a video of the meeting viewed by The New York Times. When asked by an employee if there was any silver lining to Mr. Trump’s election, the Google co-founder Sergey Brin said, “Boy, that’s a really tough one right now.” Ruth Porat, the finance chief, said Mr. Trump’s victory felt “like a ton of bricks dropped on my chest.” Then she instructed members of the audience to hug..

UK would slash gender pay gap 21% if lowest-paid work split evenly between men and women, research finds

Too much attention has been paid to top earners, ignoring the fact that women disproportionately work in lowest-paid sectors, says Resolution Foundation
The UK would cut its gender pay gap by more than a fifth if the lowest-paid jobs were evenly distributed among men and women, according to new analysis.
A slew of large firms have published their gender pay gap figures in the run-up to the 4 April deadline for reporting, but much of the focus has been on the gulf between the highest-paid men and women.
The Resolution Foundation described these gaps as “indefensible” but said the fact that women a far more likely to work in low-paid sectors and jobs is a key driver of the gender pay gap and should be given more attention.
Read more British business 'drinking in last chance saloon' over gender pay gap More than a fifth of all female workers are low paid compared to just 14 per cent of men, the think tank said. Low paid is defined as earning less than two-thirds of the t..

Women earn on average £223,000 less than men over a lifetime, study shows

Analysis shows females aged 22 to 29 earn on average £1,550 less each year than male colleagues in same age bracket
Women earn on average £223,000 less than men over the course of a lifetime, according to new research published ahead of next week’s deadline for businesses across the country to divulge their gender pay gaps.
The analysis, compiled by the Young Women’s Trust, a charity that supports young women on low or no pay, is based on data from the Office for National Statistics and shows that a gender income gap exists as soon as women start working.
The trust found that women aged between 22 to 29 earn on average £1,550 less each year than their male colleagues in the same age bracket. The lifetime difference, the charity points out, is enough to buy a house outright in many parts of the UK.
Read more Ikea reveals lower gender pay gap than many rival retailers “Discrimination and unequal caring arrangements still prevent women progressing at work and reaching higher salary..

Microsoft Reorganizes to Fuel Cloud and A.I. Businesses

Microsoft Reorganizes to Fuel Cloud and A.I. Businesses Photo In an email to employees on Thursday, Microsoft chief executive Satya Nadella cited the central role of cloud computing and the advances in artificial intelligence as reasons for a reorganization. Credit Bryan Thomas for The New York Times The Windows era at Microsoft, long in eclipse, is officially history.
Microsoft said on Tuesday that it was splitting up its Windows engineering team and that the leader of its Windows business was leaving.
The moves, analysts said, were part of a reorganization intended to accelerate Microsoft’s emphasis on newer, faster-growing businesses like cloud computing and data-fueled artificial intelligence. That shift, they noted, has been underway since Satya Nadella became chief executive in 2014.
In an email to employees, Mr. Nadella cited the central role of cloud computing and the advances in artificial intelligence — and their potential across all the company’s products. The organizational..

Social Q’s: Must I Visit My Dying and Dangerously Facebook-Active Uncle?

Must I Visit My Dying and Dangerously Facebook-Active Uncle? Photo Credit Christoph Niemann I am a multiracial woman from a small family that is otherwise white. A close relative is in hospice care. My family made it clear that they expect me, my (immigrant) husband and our young son to visit him before he dies. But this relative has become active in alt-right causes, posting offensive material about minorities, immigrants and women on Facebook. Some family members have asked me to “leave politics at the door” and “turn the other cheek.” Others threatened to ostracize us if we don’t visit. Should I?
A.S.
Ignore your relatives’ claptrap. Leaving politics at the door is easy — so long as it’s not your race, husband or gender being trampled inside its threshold. And have you noticed that requests to “turn the other cheek” are most popular with folks asking us to turn ours, but rarely their own? Finally, the threat of ostracism (a.k.a. bullying) is ridiculous. Who needs relatives that turn..

Bulletin Board: What Topics Should the ‘Tech We’re Using’ Column Tackle Next?

What Topics Should the ‘Tech We’re Using’ Column Tackle Next? Photo A FaceTime call connects the Times reporter Vindu Goel’s daughter with her grandmother in New York. Credit Sunil Thakkar for The New York Times The Reader Center is one way we in the newsroom are trying to connect with you, by highlighting your perspectives and experiences and offering insight into how we work.
There’s an app for that, but I’m not sure anyone cares anymore. That thought was stuck in my head when I pitched the idea for Tech We’re Using, a column about how New York Times journalists use tech in their jobs and personal lives.
Over the last decade, smartphones have become the center of how we consume and create media. Apps used to be a novelty; there was a period of time when smartphones were young and we were excited about finding new apps to download.
But by now, there are millions of apps for smartphones, and people have found and settled on the tools that are the most useful to them. So what are peopl..

Spitfire maker GKN loses its Battle of Britain to the barbarians at the gates

Melrose narrowly won the day but will face a tough time convincing customers and workers to play ball
Say goodbye to one of Britain’s oldest manufacturers.
GKN, which once made the Spitfire, in the end failed in its own Battle of Britain against the barbarians at its gates.
Melrose, a financial engineer that buys real engineers for the purposes of shaking ‘em up and selling ‘em off, has won the companies’ bitterly contested takeover battle in a squeaker, securing the support of a shade above 52 per cent of GKN’s shareholders.
Read more Melrose takeover offer approved in GKN shareholder vote Why Melrose’s takeover of GKN is so important to the UK Airbus warns it won’t give business to GKN if Melrose deal goes ahead The real winners, however, are the casino capitalists that poured in, placing big bets on a Melrose victory. The debate around GKN’s problems and who might be best to fix them meant nothing to them.
Having delivered victory and turned their quick buck they will be..

Spitfire maker GKN loses its Battle of Britain to the barbarians at the gates

Melrose narrowly won the day but will face a tough time convincing customers and workers to play ball
Say goodbye to one of Britain’s oldest manufacturers.
GKN, which once made the Spitfire, in the end failed in its own Battle of Britain against the barbarians at its gates.
Melrose, a financial engineer that buys real engineers for the purposes of shaking ‘em up and selling ‘em off, has won the companies’ bitterly contested takeover battle in a squeaker, securing the support of a shade above 52 per cent of GKN’s shareholders.
Read more Melrose takeover offer approved in GKN shareholder vote Why Melrose’s takeover of GKN is so important to the UK Airbus warns it won’t give business to GKN if Melrose deal goes ahead The real winners, however, are the casino capitalists that poured in, placing big bets on a Melrose victory. The debate around GKN’s problems and who might be best to fix them meant nothing to them.
Having delivered victory and turned their quick buck they will be..

Barclays to pay $2bn settlement over US fraud case dating back to financial crisis

Department of Justice case alleged that Barclays mis-sold billions of dollars of mortgage-backed securities
Barclays has agreed to pay $2bn (£1.4bn) to settle a US civil action related to the mis-selling of residential mortgage-backed securities in the run-up to the financial crisis.
Two former Barclays executives also agreed to pay $2m to resolve claims brought against them, the US Department of Justice said on Thursday.
The complaint, filed in December 2016, alleged that Barclays caused billions of dollars in losses to investors by engaging in a fraudulent scheme to sell $31bn-worth of the securities, and that it misled investors about the quality of the mortgage loans backing those deals.
Read more Barclays Bank charged by Serious Fraud Office over Qatar loan The complaint alleged that Barclays’ investment banking division, Barclays Capital, had committed mail fraud, wire fraud, bank fraud and other misconduct.
Securities backed by sub-prime housing debt sold by Barclays an..