Author: dumbcapital

Oracle’s bias against women, blacks and Asians cost more than $400 million in lost wages: feds

Redwood City software giant Oracle, while systematically favoring Asians in hiring, systematically paid women, blacks and Asians less, with pay disparities costing workers more than $400 million in lost wages, the Department of Labor claimed in a new lawsuit filing. And only a handful of blacks and Hispanics were brought into technical jobs at Oracle…

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Juniper Networks invests $2.5M in enterprise tech accelerator Alchemist

Alchemist, which began as an experiment to better promote enterprise entrepreneurs, has morphed into a well-established Silicon Valley accelerator. To prove it, San Francisco-based Alchemist is announcing a fresh $2.5 million investment ahead of its 20th demo day on Wednesday. Juniper Networks, a networking and cybersecurity solutions business, has led the round, with participation from…

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Digital Garage teams up with Blockstream to develop blockchain financial services in Japan

The global crypto market may have tanked last year, but notable names have joined forces to develop Bitcoin and blockchain financial services in Japan, which has emerged as one of the world’s most crypto-friendly markets. Blockstream, a blockchain startup founded by Bitcoin contributors, announced this week that it has launched a joint venture in Japan…

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