Google has agreed to pay $28 million to settle a class-action lawsuit alleging that it favored white and Asian employees over other racial and ethnic groups by offering them higher salaries and placing them on faster career tracks. Reuters reports that the settlement was reached after lawyers agreed to exclude Black workers from the class. A lawyer for the plaintiff told POCIT that a Black employee pursuing a separate pay equity case against Google requested the exclusion so she could pursue those claims independently. The Case Against Google The lawsuit was
Capital G, Alphabet’s independent growth fund, has announced that seven Black-owned VC firms will join the Alphabet family as a part of the program’s $100 million commitment to investing in Black founders. According to data, only 4% of the US venture capital workforce and 1.2% of VC-backed founders are Black. The lack of diversity within the venture capital space has a knock-on effect on the number of Black-owned businesses that receive extra funding or investments. After years of leading a large team focused on investing in Black-led VC funds, startups,
