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☆ Insider Today: Analyzing Google salaries
  + stars: | 2023-09-08 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
In today's big story, we're taking a deeper look at the leaked Google salary data by looking at pay ranges across various factors. The sheet detailed 2022 base salaries, equity, and bonuses from over 12,000 Google employees in the US. Google employees who identified as being of Black/African descent had a median base salary at least $23,000 below their Asian, White, and Middle Eastern/North African colleagues. The gap didn't improve among software engineers, as those of Black/African descent had a median base salary $24,500 lower than those of white or European descent. Google employees who identified as being of Black/African descent had a median base salary at least $23,000 below their Asian, White, and Middle Eastern/North African colleagues.
Persons: We've, Tayfun, Rosalie Chan, Hugh Langley, Madison Hoff, Rosalie, Hugh, Madison, Shaw, Ned Davis, Ryan Salame, Salame, Sam Bankman, Tim Cook, Stephen Lam, Sam Altman, Investor Ford Smith, biohacking, Melissa Phillippi, missteps, Goldman Sachs, Sasha Kelemen, Olivia Rodrigo's, Ralph Lauren, —, Joe Jonas, she'd, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Anadolu Agency, Getty, Google, Google's New, Citadel, Ned Davis Research, Wall, Zen, Apple, Reuters Apple, European Commission, Investor, Leerink Partners, York, Kroger Locations: Wall, Silicon, Madison, Google's New York, Bay, Brooklyn, Manhattan , New York City, USA, China, New York City, San Diego, London, New York
☆ This chart shows how AI hype has taken over the stock market as companies try to cash in on the frenzy
  + stars: | 2023-09-07 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +3 min
Companies that mentioned AI in earnings saw their stocks rise 4.6% on average, a study from Wall Street Zen found. Meanwhile, companies that didn't mention AI saw stock gains of nearly half that. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. What's more, 67% of companies' stocks climbed after mentioning AI, and among those gainers the jump was 8.5% on average. AdvertisementAdvertisement"Overconfident markets paradoxically transform brilliant future business prospects into even more brilliant current stock price levels," he wrote in a note.
Persons: ChatGPT, —, Adobe, Expedia, Rob Arnott Organizations: Wall, Service, Wall Street Zen, Carrier, Meta, Nvidia Locations: Wall, Silicon
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