Google settles lawsuit with shareholder | ET | Google's $5 Million Plan To Rid The Internet Of Child Porn

Google settles lawsuit with shareholder

SAN FRANCISCO: Google has resolved a shareholder lawsuit blocking a long-delayed stock split, clearing the way for the internet search leader to issue a new class of non-voting shares later this year. The settlement announced came on the eve of a scheduled Delaware chancery court trial that threatened to cast an unflattering light on Google co-founders Larry Page and Sergey Brin. The class-action by the Brockton Retirement Board in Massachusetts and another Google shareholder, Philip Skidmore, alleged that Page and Brin engineered the stock split in a way that unfairly benefits them while shortchanging the rest of the company's shareholders. Google denied the allegations and maintained that the proposed stock split announced 14 months ago would benefit shareholders by ensuring that Page and Brin would preserve the power that has enabled them to make the same kinds of bold bets on technology that has helped increase the company's market value by more than $260 billion during the past nine years. 

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http://timesofindia.indiatimes.com/tech/tech-news/internet/Google-settles-lawsuit-with-shareholder/articleshow/20644563.cms

                                            EVEN THOUGH

Google vs. Child Porn: The Search Giant Will Try To Eradicate All Of The Internet's Child Porn

Google's founding mission is to "organize the world's information." But there's some disgusting data that the tech giant will spend millions to scrub off the web.

Over the weekend, Google announced that it has been creating a database tagging child pornography on the Internet in an effort to eradicate images of child abuse entirely from the web. The company plans to spend $5 million to fight child pornography online

, according to a blog post.

Google has been involved in fighting child exploitation since 2006, and has been using a special type of tagging technology called "hashing" to find child pornography since 2008. Hashing gives each image a unique ID that allows Google's computers to find duplicate images without any people having to look at the images again.

Now, even Google's rivals will be able to use the company's technology.

"Recently, we’ve started working to incorporate encrypted 'fingerprints' of child sexual abuse images into a cross-industry database," wrote Jacquelline Fuller, director of Google Giving. "This will enable companies, law enforcement and charities to better collaborate on detecting and removing these images, and to take action against the criminals."

For More 

http://www.huffingtonpost.com/2013/06/17/google-vs-child-porn_n_3453456.html?utm_hp_ref=technology