The 10-page memo, titled "Google's Ideological Echo Chamber" went viral within Google last week and was first reported externally by the tech blog Motherboard. In it, the male author said that women were underrepresented in technology because of inherent psychological differences between men and women.
Google hasn't publicly named the author of the memo but Bloomberg reported that software engineer James Damore confirmed in an email that he had been let go for "perpetuating gender stereotypes" and was exploring legal action against the company. Internal discussion boards seen by Bloomberg suggested that multiple employees supported the dismissal of the employee and said they would choose not to work with him.
3. -- Shares of Avis Budget Group Inc. (CAR) were down 8.7% in premarket trading on Tuesday after the company's second-quarter earnings and sales came in below Wall Street forecasts.
Adjusted for one-time items, Avis said it earned 30 cents a share in the quarter, well shy of forecasts that called for profit of 52 cents. For the full year, Avis said it now sees earnings of $2.40 to $2.85 a share, largely below analysts' estimates of $2.85.
Rival Hertz Global Holdings Inc. (HTZ) , which reports its earnings on Tuesday, fell 4.2% in premarket trading.
The ugly miss from Avis comes amid hot debate on Wall Street about the future of rental car companies.