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Amazon Settles Labor Dispute With Fired Climate Activists
Amazon has reached a settlement with two former workers who criticized its stand on climate change and conditions inside its warehouse.
In April 2020, Amazon had terminated Emily Cunningham and Maren Costa after they had organized a protest against Amazon’s work with oil and gas companies and had also voiced their concerns against the company’s Covid-19 measures at its warehouses.
The settlement between Amazon and the fired employees was revealed in a National Labor Relations Board hearing.
However, Amazon denied wrongdoing in the case. A spokesman from the company welcomed “the resolution of this matter” and declined further comment.
Cunningham and Costa released a joint statement saying the settlement requires Amazon to pay them back wages and notify all employees that it can’t fire workers for organizing and exercising their rights.
“Workers at every company need to be standing up for each other and the world, together,” they said.
The fired workers and Amazon agreed on a “private non-board agreement,” meaning it still must be approved by a regional director of the labor board but won’t be made public.
Google Expands Shopping Searches With Lens And In-Store Inventory Checks
Google has announced new ways to shop through its platform including, both online and through its Google Search mobile app.
In the latest update that will come soon to the Google Search app for iPhone, the tech giant will start to leverage a new machine learning model using on-device processing to recognize the products found in images on a website to make them instantly “shoppable.”
The company will also make it simple for online shoppers to browse for clothing and accessories from the search results and check for in-stock products at local stores.
With this feature, iOS users will soon see a new button that turns the images on a website into shoppable products through Google Lens. Meaning, if you’re browsing a website and something catches your eyes in a photograph, you can click to see where to buy the product in question.
Moreover, Google says that Google Lens will also be available for Chrome on desktop, which will allow users to select the images, videos, and text content on a website with Lens to see the search results in the same tab.
Meesho Raises $570 Million in Series F Funding Round
Indian-based social commerce startup Meesho has raised $570 million in its Series F funding round. The funding round was led by Fidelity Management & Research Company and B Capital Group.
The round also saw participation from existing investors such as Prosus Ventures, Facebook, and SoftBank Vision Fund 2, along with new investors Footpath Ventures, Trifecta Capital, Good Capital, among others.
Meesho runs a three-sided marketplace with suppliers, resellers, and the customer, where the reseller buys goods such as unbranded fashion items from the supplier and sells them via platforms such as WhatsApp and Instagram.
The latest funding round takes Meesho’s total valuation to $4.9 billion. Since the last funding round in April, the startup has raised its order volume by 2.5 times and added new product categories to its roster including, sports and fitness, automotive accessories, and pet supplies.
With the latest funding, Meesho intends to go deeper into India’s underserved markets and will use the funds to grow its technology and product talent, apart from increasing its selection to 50+ million products.
Tether Wins Class-Action Lawsuit as Court Dismisses RICO’s Claims
The judge in the class-action lawsuit filed in the Southern District of New York against stablecoin issuer Tether, and crypto exchange Bitfinex has granted motions to dismiss numerous claims in the case.
According to the court documents filed in the Southern District of New York, on September 28, District Judge Katherine Polk Failla granted motions from Tether and Bitfinex’s parent company iFinex to dismiss important allegations in the plaintiffs’ case that the two companies are said to have manipulated the crypto market.
Overall, Judge Failla granted motions to dismiss five full claims and part of one, while denying six others.
In particular, the judge said that she would not allow investors to bring claims against Tether and Bitfinex under the Racketeer Influenced and Corrupt Organizations Act (RICO) or allegations related to extortion or use of extortion proceeds for investments.
Additionally, she said that investors in Tether and Bitfinex could not “inadequately allege” the companies’ monopoly power in the stablecoin market.
“This case is doomed,” said Tether in a blog post. “Even for the remaining claims, the Court’s order raises substantial issues that will ultimately be fatal to the plaintiffs’ case,” added the company.
Around The Web
📍 Google Maps is making it easier for users to find information about wildfires, tree canopy, and locations without formal addresses to help communities be safer, more sustainable, and discoverable.
⏺️ Pixel phones can automatically record and upload video in an emergency.
💻 Heyflow, a German-based startup touting ‘no code’ tools for easily building interactive “clickflows” to boost customer conversions, has raised $6 million in seed funding.
🗣️ Clubhouse finally lets you record conversations.