News Highlights: Top Company News of the Day

Dow Jones2022-06-13

Google Suspends Engineer Who Claimed Its AI System Is Sentient

A software engineer at Google told the company he believed that its Language Model for Dialogue Applications, or LaMDA, is a person who has rights and might well have a soul.

Google Settles Gender Discrimination Lawsuit for $118 Million

The company didn't admit wrongdoing as part of an agreement to resolve a class-action suit that covered some 15,500 women.

McDonald's in Russia Reopens Under New Ownership

The relaunched restaurants were accompanied by a marketing blitz aimed at convincing locals that the new chain's burgers are as good as the American version.

Three-Dose Pfizer Covid Vaccine Works Safely in Young Children, Review Says

Three doses of the Covid-19 vaccine from Pfizer and BioNTech were effective at preventing symptomatic disease in children ages 6 months through 4 years in studies, according to U.S. health regulators.Apple Goes Deeper Into Finance With Buy Now, Pay Later Offering

The tech giant will approve borrowers and fund loans itself rather than rely on a bank.

Luxury Brands Are Making Watches Even Fewer People Can Afford

The Swiss watch industry is moving ever further upmarket, boosting its revenue as brand owners target rich consumers and try to differentiate their products from the Apple Watch and other wearable tech.FanDuel CEO Wants to Help the Sports-Betting Business Grow Up

Amy Howe, a former McKinsey partner and Ticketmaster executive, aims to make the betting platform profitable in 2023 on its way to becoming a firmly rooted business.

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