If this report has to be believed, Google, as a corporate, has some serious issues to tackle. It is one thing to be creating value to shareholders (if that has been the case) and another to do that with bad governance and disrespect to social responsibility.
In fact, in corporate finance the debate has been there for ages - whether the corporates are justified in making money at the cost of social justice and equity.
Reading personal emails is bad corporate governance and completely unacceptable. It is a pity that the users do not even know that this is being done. All they care is life as usual, i.e. send and receive emails with no monetary cost. They don't seem to care to find out other things affecting them, busy life, you see.
The report has been initiated by Microsoft, which is a direct competitor to Google. Obviously, there is plenty of bias and envy. So, we need to check out the facts before we respond. However, if Google has been doing what it should not be doing, it is a shame. Corporate ethics seem to have lost somewhere for most of the corporates. They think it is alright as long as they are making money and stock prices are going up.
Google's defence? No human reads personal email; it is all automated.
What do we do?
Dump Google's email service? Dump Google's search engine? Dump the stock?
I don't know.
But what I know is that it is......Shame on Google.
In fact, in corporate finance the debate has been there for ages - whether the corporates are justified in making money at the cost of social justice and equity.
Reading personal emails is bad corporate governance and completely unacceptable. It is a pity that the users do not even know that this is being done. All they care is life as usual, i.e. send and receive emails with no monetary cost. They don't seem to care to find out other things affecting them, busy life, you see.
The report has been initiated by Microsoft, which is a direct competitor to Google. Obviously, there is plenty of bias and envy. So, we need to check out the facts before we respond. However, if Google has been doing what it should not be doing, it is a shame. Corporate ethics seem to have lost somewhere for most of the corporates. They think it is alright as long as they are making money and stock prices are going up.
Google's defence? No human reads personal email; it is all automated.
What do we do?
Dump Google's email service? Dump Google's search engine? Dump the stock?
I don't know.
But what I know is that it is......Shame on Google.
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