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Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

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Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today

Facebook InfoSnip 10 things in tech you need to know today


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Good morning! This is the tech news you need to know this Wednesday. Sign up here to get this email in your inbox every morning.

  1. The CEOs of Apple, Google, Facebook, and Amazon are set to testify before Congress in a historic antitrust hearing. The CEOs, who will likely appear remotely over video, will have to defend the growing power of their tech companies to skeptical lawmakers.
  2. Amazon posted CEO Jeff Bezos’ prepared testimony Tuesday on its blog ahead of his appearance at the historic Congressional tech antitrust hearing on Wednesday. Bezos plans to argue that Amazon’s size benefits consumers, sellers, and the economy, and that it faces plenty of competition from rivals including Walmart, Instacart, and Shopify.
  3. Google is laying a giant new undersea internet cable stretching from New York to the UK and Spain. The Grace Hopper cable, named after the famous US computer scientist, will connect New York to Bude in the UK and Bilbao, Spain.
  4. Money transfer unicorn TransferWise is now worth $5 billion after some employees and early investors cashed out. The new valuation maintains the company’s position as one of Europe’s most valuable fintech startups and the secondary trade serves to diversify its funding pool.

  5. Facebook and Instagram removed the accounts of British rapper Wiley after he posted a series of anti-Semitic posts, CityAM reported. The deletion came after a number of celebrities staged a virtual 48-hour walkout from Twitter over its refusal to ban Wiley from its platform.
  6. Elon Musk tweeted Tuesday that Tesla would consider licensing its self-driving software and supplying battery technology to other automakers. Musk’s comments came in response to a blog post about German automakers looking to close the technological gap between them and Tesla.
  7. Microsoft paid at least $270 million in stock for telecom software company Metaswitch Networks, filing shows. The acquisition comes just months after Microsoft likely paid more than $1 billion for 5G software company Affirmed Networks.
  8. Trump retweeted complaints of censorship after Facebook, YouTube, and Twitter take down a video of doctors pushing hydroxychloroquine. Trump has again accused social media companies of censorship after the removal of videos touting hydroxychloroquine as a coronavirus cure.
  9. Wearing a face mask makes it harder for facial recognition algorithms to see you, according to a new government study. The study was carried out with the Department of Homeland Security and Customs and Border Protection, both of which use facial recognition technology.
  10. A massive leak of confidential Nintendo information confirmed a decades-old conspiracy theory involving ‘Super Mario 64’ and Luigi. One of the most prominent ones was just proven to be true: Despite not appearing in the game, Mario’s brother and partner-in-heroism, Luigi, is apparently buried within the game’s code.

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Facebook InfoSnip A man wearing a face mask to protect against the new coronavirus talks on his smartphone as he walks past a Huawei store in Beijing, Wednesday, July 1, 2020. China on Wednesday demanded Washington stop Facebook InfoSnip A man wearing a face mask to protect against the new coronavirus talks on his smartphone as he walks past a Huawei store in Beijing, Wednesday, July 1, 2020. China on Wednesday demanded Washington stop

A man wearing a face mask to protect against the new coronavirus talks on his smartphone as he walks past a Huawei store in Beijing, Wednesday, July 1, 2020. China on Wednesday demanded Washington stop “oppressing Chinese companies” after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. (AP Photo/Mark Schiefelbein)

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Good morning! This is the tech news you need to know this Tuesday. Sign up here to get this email in your inbox every morning.

  1. UK officials have reportedly told Huawei its 5G ban could be revisited if Trump loses the 2020 election. UK officials told Huawei that the decision to ban it from the 5G network was partly geopolitical, and could be reversed, The Observer reported.
  2. Facebook is slowing its donations to US politicians, even as a hotly contested presidential election approaches. The social media company is on track to spend significantly less via its political action committee in 2020 than it did in either 2016 or 2018 — despite tripling revenues since 2016.
  3. Employees working at Google-owned health firm Verily have described the extreme pressure to create a nationwide COVID-19 testing service, after President Trump announced the service unexpectedly in March. When the project, nicknamed Code Red, started, some employees said they were thrown into an extremely stressful period of feeling pressured to work around-the-clock to scale the company’s COVID-19 programs.
  4. Uber drivers are suing the company requesting access to personal data held on them. Drivers are concerned that information about late arrivals, cancellations, and complaints about attitude and inappropriate behaviour from customers is counted against them.
  5. Microsoft president Brad Smith has spoken to the United States House Judiciary Antitrust Subcommittee ahead of an antitrust hearing on big tech, according to The Information. Smith reportedly discussed Apple’s approvals process for the App Store.
  6. Facebook CEO Mark Zuckerberg denied speculation that he and President Donald Trump have some sort of deal over how Facebook manages the president’s posts, calling the allegations “ridiculous.” “I’ve heard this speculation, too, so let me be clear: There’s no deal of any kind,” Zuckerberg told Axios.
  7. Chinese fintech giant Ant Group is preparing a dual public offering in Shanghai and Hong Kong, the company announced Monday. Ant is the parent company of Alipay, and was founded by billionaire Alibaba cofounder Jack Ma.
  8. IBM CEO Arvind Krishna said the company has decided not to offer a new financial guidance for 2020 due to the economic uncertainty caused by the pandemic.Krishna said economic recovery was looking longer and more protracted than the firm previously thought.

  9. Crypto exchange site Coinbase said it saved almost $280,000, or 30.4 bitcoin, from transferring to the attackers that orchestrated last week’s hack on Twitter. The company said just 14 users sent a total of $3,000 to the hackers before Coinbase blacklisted the scam address.
  10. People are spending more time on TikTok daily in the US than on Instagram. Q2 data from financial services firm Cowen showed people who used TikTok were spending an average of 41 minutes daily on the app, while Instagram users were spending 33 minutes on that app.

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Twitter CEO Jack Dorsey. AP Photo/Jose Luis Magana Good morning! This is the tech news you need to know this Monday. Sign up here to get this email in your inbox every morning.Twitter has said up to 8 accounts had all their data downloaded during its giant hack. Twitter said in total 130 accounts were…

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Twitter CEO Jack Dorsey.

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Good morning! This is the tech news you need to know this Monday.

Sign up here to get this email in your inbox every morning.

  1. Twitter has said up to 8 accounts had all their data downloaded during its giant hack. Twitter said in total 130 accounts were targeted of which 45 had their passwords reset and tweets sent by the hackers.
  2. A hacker forum obsessed with super-short ‘OG’ handles was selling Twitter account access for $3,000 days before the giant hack. Executives at two cybersecurity firms told Reuters Wednesday’s hack didn’t appear to be particularly sophisticated.
  3. UK government officials have been warned not to take meetings with smart speakers in the room. “I was effectively told to put mine in the bin,” one civil servant told Business Insider. 
  4. TikTok has abandoned plans for a UK headquarters, in part thanks to increasing UK-China tensions with China. According to The Guardian, the UK’s recent ban on Huawei 5G kit was seen as a factor.
  5. The FTC may depose Facebook bosses Mark Zuckerberg and Sheryl Sandberg in its antitrust investigation into Facebook. The FTC is looking into whether Facebook has acted anti-competitively — and it may seek to speak to Facebook’s top two executives.
  6. Microsoft is giving retail employees until July 26 to meet certain conditions to keep their jobs, find new roles, or resign, sources say. With Microsoft closing its retail stores, the company announced plans to move store employees into remote support roles and said there would be no layoffs as a result of the decision.
  7. Google will block ads from appearing on sites that spread coronavirus conspiracy theories. Google will prohibit sites from running ads on “dangerous content” that goes against scientific consensus during the coronavirus pandemic.
  8. Netflix shed $19 billion in market value on Friday with an earnings miss and disappointing subscriber-growth forecast. The video-streaming giant’s stock slumped as much as 8% even though it added 10 million subscribers last quarter.
  9. Cloud robotics and AI startup CloudMinds has ditched plans to go public in the US and has returned to China, as the trade war impacted its business, according to the South China Morning Post. CloudMinds was founded by Chinese-born engineer Bill Huang.
  10. Scientists successfully put tiny GoPro-style wireless cameras on beetles, and it’s paving the way for miniature robots. Researcher Vikram Iyer told Business Insider the beetlecam is an important step forward for developing wireless camera technology.

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Apple Steve Wozniak at Apple announcement in San Francisco, Wednesday, Sept. 1, 2010. Paul Sakuma/AP Good morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning. Amazon invested in startups and gained proprietary information before launching competitors, often crushing the smaller…

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Apple Steve Wozniak at Apple announcement in San Francisco, Wednesday, Sept. 1, 2010.

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Good morning! This is the tech news you need to know this Friday. Sign up here to get this email in your inbox every morning.

  1. Amazon invested in startups and gained proprietary information before launching competitors, often crushing the smaller companies in the process, according to the Wall Street Journal. The Journal spoke with startups who said Amazon made similar hardware and software products after purchasing stakes in the companies.
  2. Former Wirecard COO and fugitive Jan Marsalek appears to have deep ties to Russian intelligence, sources told Insider. “There’s a million reasons [for the Russians] to get involved with Wirecard,” a Dutch official told Insider. “Russian officials always need to move money to the West, and Wirecard was raising lots of money but not as much as they told investors.
  3. Intel’s shares tanked 10% late Thursday after the chip giant announced that production problems have delayed the rollout of its next generation chips. Intel CEO Bob Swan said the company found “a defect mode” in its manufacturing process which will push back its production schedule.
  4. Facebook has undergone considerable internal strife, as its employees reckon with the firm’s stance on refusing to remove posts from politicians containing lies or threats of violence, according to BuzzFeed. One engineer who left on July 1 posted in an internal goodbye note that he thought “Facebook is hurting people at scale.”
  5. Trump ads on Facebook claiming ‘TikTok is spying on you’ reached up to 5 million Americans and targeted younger voters. In the five days between July 17 and July 21, accounts tied to Donald Trump’s campaign posted 450 separate adverts on Facebook and Instagram lambasting TikTok for spying on users and siphoning data to China.
  6. Tesla stock rose on Thursday after the company made a profit for the fourth quarter in a row. Elon Musk’s electric-car company reported $104 million in net income, a big improvement from its $408 million loss in the second quarter of 2019.
  7. Twitter shares spiked as much as 5.8% on Thursday after the social network reported record growth in daily active users in the second quarter. The company added 20 million users in the period, fueling a 34% year-on-year increase in its userbase to 186 million.
  8. The UK is hoping its next $50 billion tech success story after fintech will be law. London is home to 44% of Europe’s law startups and the city has been flagged by The Law Society as one of 10 emerging “lawtech” ecosystems.
  9. Analytics startup Quantexa has $65 million in a Series C funding round led by Evolution Equity Partners – and backed by HSBC and Accenture. With hundreds of clients in more than 70 countries, including HSBC and Standard Chartered Bank, Quantexa uses the advancements in big data and AI to uncover hidden risk and opportunities across financial crime, credit risk, and fraud. 
  10. Apple cofounder Steve Wozniak has filed a complaint against YouTube over an ongoing bitcoin scam using his image and likeness as well as those of other tech executives. The lawsuit comes after several high-profile executives, celebrities, and politicians had their accounts taken over as part of a bitcoin scam on Twitter.

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Good morning! This is the tech news you need to know this Friday.

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  1. The FBI is leading an inquiry into the colossal Twitter hack that impacted high-profile accounts on Wednesday. The hackers posted tweets through the hijacked accounts asking people to donate Bitcoin to cryptocurrency addresses. 
  2. Cybersecurity blogger Brian Krebs thinks the hack may have been carried out by a 21-year-old SIM-swapper who has ties to the hacking group that hijacked Jack Dorsey’s account in August last year. The hacker is known as PlugWalkJoe, and a mobile industry security source told Krebs his real name is Joseph James Connor.
  3. Russian hackers linked to the Kremlin targeted coronavirus vaccine research facilities in the US, the UK, and Canada, UK security officials announced on Thursday. The hacking group — known as APT29, Cozy Bear, or the Dukes — has previously been linked to various cyberattacks, including the hacking of the Democratic National Committee before the 2016 US presidential election.
  4. Mark Zuckerberg called the Trump administration’s response to COVID-19 “really disappointing” in a Facebook interview with Anthony Fauci. “Now that we’re here in July, I just think it was avoidable, and it’s really disappointing that we still don’t have adequate testing,” Zuckerberg said.
  5. European venture capitalists have chosen startups including Benevolent AI, Deep Render, and Darktrace among their 15 AI startups to watch in 2020. AI could contribute a whopping $15.7 trillion to the global economy by 2030, according to PwC estimates.
  6. Facebook is planning to bring its competitor to TikTok — called Reels — to Instagram users in the US in early August. Reels, which has already debuted in India and other select countries, will live inside of Instagram Stories as an option for sharing short-form video content similar to that on TikTok.
  7. Facebook is adding an information label to all posts about voting from federal officials and political candidates, including the president. The labels point Facebook users to a voting information page, which is currently hosted on USA.gov.
  8. Microsoft quietly cut under 1,000 jobs across its business this week, as it enters its new fiscal year. Earlier this week, Microsoft reportedly cut several roles at MSN.com, its online news portal, as it shifted to an AI-powered algorithmic feed. 
  9. Scooter charging startup Charge has signed a $3.1 million deal for new charging stations as it banks on the summer scooter boom. Charge offers a range of scooter charging options, and was founded by a number of senior executives from scooter unicorn Lime.
  10. Michelle Obama is hosting a new podcast exclusively on Spotify, titled “The Michelle Obama Podcast.” The podcast is scheduled to debut on July 29, and will feature “candid, human, and personal conversations” with a variety of familiar faces.

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Tesla’s limited-edition shorts. Tesla Good morning! This is the tech news you need to know this Tuesday. Uber confirmed it will buy smaller food delivery firm Postmates in a $2.65 billion all-stock deal. Food delivery has come front and center for Uber since March, when a near complete drop-off in global travel decimated its core…

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Tesla’s limited-edition shorts.

Tesla


Good morning! This is the tech news you need to know this Tuesday.

  1. Uber confirmed it will buy smaller food delivery firm Postmates in a $2.65 billion all-stock deal. Food delivery has come front and center for Uber since March, when a near complete drop-off in global travel decimated its core taxi business. 
  2. Facebook, Google, and Twitter have all suspended complying with Hong Kong police requests for user data thanks to a new Chinese national security law. Hong Kong citizens previously had free access to the internet, but China has imposed a new law in the city that grants the government more leeway to monitor and crack down on online dissent.
  3. Viral video app TikTok says that it is ceasing operations in Hong Kong. A spokesperson for TikTok told Business Insider that it decided to stop operations in the semi-autonomous Chinese territory “in light of recent events.”
  4. Secretary of State Mike Pompeo has told Fox News the US is ‘certainly looking into’ banning TikTok over privacy concerns. Pompeo told Fox News that Americans should be wary of using TikTok unless they want their private data “in the hands of the Chinese Communist Party.”
  5. Palantir has confidentially filed for a public listing. The secretive data company announced in a press release Monday that had submitted its S-1 form with the US Securities and Exchange Commission.
  6. Venture capital company Spark Capital is a major winner of Uber’s $2.65 billion Postmates acquisition, extending a streak of hits in a gloomy 2020. Spark Capital, an investor in Postmates, Mirror, and other buzzy startups, has seen a number of big acquisitions and valuations in its portfolio.
  7. Disney’s streaming service Disney Plus got a huge boost in app downloads from the ‘Hamilton’ movie. Data suggest that the “Hamilton” movie, which was originally set to hit theaters next year, helped drive mobile app downloads up 74% higher in the US over the weekend, compared with the previous four June weekends.
  8. Prominent direct-to-consumer brands including Casper, Glossier, Harry’s, and Smile Direct Club are continuing to pump money into Facebook and Instagram despite the ad boycott. Direct-to-consumer brands depend on Facebook’s advertising platform to not only market but sell their goods and services.
  9. Internet comparison website HighSpeedInternet.com’s contest could pay you $1,000 if you log 50 hours playing Nintendo’s ‘Animal Crossing: New Horizons.’ The contest winner must play between Aug. 16 and Sept. 30, at which point they will be awarded the money.
  10. Tesla CEO Elon Musk started triumphantly selling literal red satin Tesla short shorts to celebrate the firm’s stock climbing. Tesla’s stock rose last week after the company reported second-quarter delivery figures that beat Wall Street’s expectations.

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FILE PHOTO: Rapper Kanye West speaks during a meeting with U.S. President Donald Trump to discuss criminal justice reform in the Oval Office of the White House in Washington, U.S., October 11, 2018. REUTERS/Kevin Lamarque/File Photo Good morning! This is the tech news you need to know this Thursday. Facebook removed disinformation accounts it says…

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FILE PHOTO: Rapper Kanye West speaks during a meeting with U.S. President Donald Trump to discuss criminal justice reform in the Oval Office of the White House in Washington, U.S., October 11, 2018.

REUTERS/Kevin Lamarque/File Photo


Good morning! This is the tech news you need to know this Thursday.

  1. Facebook removed disinformation accounts it says were linked to Roger Stone, the longtime friend of President Trump. The accounts involved posted about “candidates in the 2016 primaries and general election, and the Roger Stone trial,” Facebook said. 
  2. President Trump has said he’s considering banning TikTok to punish China over the coronavirus. Trump implied a ban on TikTok would be a way of punishing China for the coronavirus, which originated in the city of Wuhan.
  3. The US government is investigating TikTok for failing to change how it collects children’s personal information following last year’s $5.7 million privacy fine. In 2019, the viral video-sharing app TikTok agreed to pay a $5.7 million fine to the Federal Trade Commission to settle allegations it was illegally collecting personal information belonging to users who are children.
  4. Google has abandoned plans for a cloud service in China after the COVID-19 pandemic aggravated political tensions with the US. The project, known as “Isolated Region,” would have allowed Google to strike up partnerships with local companies and government agencies in the country. It would also let countries control data inside their borders.
  5. An EU court will rule next week on an appeal by Apple and Ireland against a ruling that would force the company to pay 13 billion euros ($16 billion) in back taxes. Europe’s competition watchdog said in 2016 that Apple would have to pay the money.
  6. New records show Google, Microsoft, and Amazon have thousands of previously unreported military and law enforcement contracts. Microsoft has more than 5,000 previously unreported subcontracts with the Department of Defense and federal law enforcement while Amazon and Google each have hundreds of similar subcontracts, records show.
  7. Websites that spread false information and conspiracy theories about COVID-19 could make millions in ad revenue this year, according to a new study. The bulk of the ad revenue comes from Google’s ad platform, along with other tech companies including Amazon and OpenX. 
  8. Facebook’s refusal to fact-check or moderate politicians like President Trump is its biggest civil rights issue, according to a new internal audit. The audit’s authors expressed “grave concerns that the combination of the company’s decision to exempt politicians from fact-checking and the precedents set by its recent decisions on President Trump’s posts, leaves the door open for the platform to be used by other politicians to interfere with voting.”
  9. A ‘staggering’ failure to adopt basic security habits led to 70% of companies storing data with Amazon, Microsoft, or other big cloud vendors getting hacked or exposing data last year, researchers say. Seventy percent of companies using cloud computing vendors get hacked or leak data, Sophos found, often due to basic security lapses.
  10. Kanye West has said Tesla CEO Elon Musk is advising him on his 2020 presidential bid and they’ve been talking about it for years. In an interview with Forbes, the singer said Musk is one of only two people currently advising him on his presidential bid — the other being his wife Kim Kardashian West.

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Amazon CEO Jeff Bezos.

MARK RALSTON/AFP via Getty Images


Good morning! This is the tech news you need to know this Monday.

  1. Amazon sent an email to employees telling them to delete TikTok from their phones because of “security risks,” then said the email was sent in error. TikTok’s data-collection practices have come under scrutiny from US lawmakers. 
  2. Facebook is reportedly considering a “blackout” on political ads in the days running up to the US presidential election. Facebook hasn’t officially decided whether it will introduce the ban and it’s not yet clear how long it might last, per Bloomberg.
  3. President Trump told the Washington Post he authorized a cyberattack on a notorious Russian troll farm to try to deter it from interfering with the 2018 mid-terms. This is the first time Trump or the White House has confirmed the operation took place.
  4. Three more executives are leaving French gaming company Ubisoft over allegations of sexual harassment, The Guardian reports. This brings the total of departed executives up to five after employees started detailing allegations of sexual misconduct on social media.
  5. Microsoft founder Bill Gates said COVID-19 drugs and vaccines should not go “to the highest bidder” at a virtual conference, Reuters reports. “One of the best lessons in the fight against HIV/AIDS is the importance of building this large, fair global distribution system to get the drugs out to everyone,” Gates said at the conference, which was hosted by the International AIDS Society.
  6. Uber CEO Dara Khosrowshahi says ride-hailing will make up only 50% of the company’s business moving forward. The coronavirus pandemic has decimated Uber’s core ride-hailing business, with trips plummeting as much as 94% earlier this year and the company losing $2.9 billion last quarter.
  7. The new CEO of Intercom, a $1.3 billion startup backed by Mark Zuckerberg and Jack Dorsey, says she’ll lead the company to profitability and an IPO in a ‘few years.’ In June, the former CIO of $1.3 billion customer messaging startup Intercom — Karen Peacock — took the role of CEO, replacing cofounder Eoghan McCabe. 
  8. Tesla slashed the price of its Model Y by $3,000 on Saturday, Electrek reported. The cheapest version of the Model Y has now been reduced to $49,990.
  9. Tesla confirmed its annual meeting and highly anticipated “battery day” will be held in-person on September 22 at its Fremont factory. Both events have previously been delayed because of the coronavirus pandemic that’s also forced shutdowns of Tesla’s factories in California and China.
  10. A document published by TikTok’s parent company ByteDance says its sister app Douyin uses facial recognition to keep foreigners out, The Telegraph reports. The system described in the document scans users’ faces and matches them with state ID cards, automatically booting out foreigners.

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Good morning! This is the tech news you need to know this Thursday.

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Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, U.S., October 23, 2019.

REUTERS/Erin Scott


  1. Mark Zuckerberg reportedly said Facebook is ‘not gonna change’ its policies on policing hate speech, in response to a boycott by more than 500 advertisers over the company’s hate speech policies. Major brands like Coca-Cola, Ford, Starbucks, and Verizon have joined the boycott.
  2. Apple is re-closing 30 more stores in the US as coronavirus cases have spiked across the country. Apple will be re-closing stores in Alabama, California, Georgia, Idaho, Louisiana, Nevada, and Oklahoma.
  3. Facebook and Google may be forced to share their data with rivals, as the UK seeks to check their power. The UK’s competition regulator has recommended closer scrutiny of the two platforms, noting their ‘unassailable’ market positions in digital advertising.
  4. A team of advocacy groups is urging antitrust regulators around the world to take a hard look at the Google-Fitbit merger, saying the deal ‘is not in the interest of citizens’. A letter signed by 20 consumer and citizen advocacy groups is asking regulators to closely scrutinize Google’s proposed acquisition of Fitbit.
  5. SoftBank-backed insurance startup Lemonade has reportedly raised $319 million in its IPO. Lemonade priced 11 million shares at $29 per share, according to a source.
  6. Apple CEO Tim Cook has agreed to testify in House antitrust investigation. Cook’s acceptance makes him the last of the four major tech CEOs to signal their intent to testify to the House’s Judiciary Committee antitrust probe, Apple Insider reported. 
  7. Palmer Luckey’s military contracting startup Anduril is now worth $1.9 billion. Anduril, founded by Luckey, nearly doubled its valuation with a $200 million round of funding, which it plans to invest in developing its surveillance tech. 
  8. The feds are reportedly looking into Tesla’s Model S battery cooling system. The Los Angeles Times reports that the National Highway Traffic Safety Administration is looking into Tesla’s Model S battery cooling system.
  9. MIT is taking its highly cited dataset that trained AI systems to potentially describe people using racist, misogynistic, and other problematic terms offline. The Register suggested that the university’s training set would be removed following its reporting. 
  10. NDAs in tech are causing a wall of silence which prevents racial progress at companies. Protocol reported that former tech employees had experienced racism and discrimination in the workplace but didn’t speak out for fear of legal retribution from employers.
  11. The UK House of Lords Gambling Committee says video game loot boxes should be regulated under gambling laws. “If a product looks like gambling and feels like gambling, it should be regulated as gambling,” their report says, per the BBC. 

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Facebook COO Sheryl Sandberg.

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Good morning! This is the tech news you need to know this Wednesday.

  1. Civil rights groups called their meeting with Facebook execs a ‘disappointment’ and said the company isn’t ready to address the platform’s ‘vitriolic hate.’ Facebook executives Mark Zuckerberg, Sheryl Sandberg, and Chris Cox “showed up to the meeting expecting an A for attendance,” according to the groups.
  2. Apple is ‘assessing’ the human rights impact of Hong Kong’s new national security law, but has not paused data requests from local police. An Apple spokesperson told Bloomberg that it was up to the US Department of Justice to block requests that might infringe on human rights, under Mutual Legal Assistance Treaties.
  3. Tim Cook, Mark Zuckerberg, Jeff Bezos, and Sundar Pichai are set to appear before Congress on July 27 in an antitrust hearing. Congress’s investigation is one of several federal antitrust probes into Facebook, Google, Apple, and Amazon. 
  4. Magic Leap has announced that Microsoft executive Peggy Johnson will join the company as CEO, replacing Rony Abovitz. Johnson, who will start work in August, has served as Microsoft’s vice president of business development since 2014.
  5. Amazon has put a 15-year company veteran who most recently ran the Prime program in charge of its new COVID-19 testing project, codenamed ‘Ultraviolet’. Cem Sibay is a trusted exec with a proven track record in the Prime business — but no healthcare background. 
  6. Facebook is publishing the results of a two-year civil-rights audit on Wednesday. But Facebook Chief Operating Officer Sheryl Sandberg said Tuesday that not every change it recommended would be carried out.

  7. Apple and T-Mobile are being hit with a class action lawsuit over a security flaw that exposed iMessages and FaceTime calls. Apple and T-Mobile are facing a complaint over an issue that caused Apple IDs to stay tethered to old SIM cards, exposing FaceTime and iMessage chats. 
  8. London-based fintech startup Wagestream has raised $25 million during the COVID-19 pandemic, while its CEO worked out of a garden shed. Wagestream lets employees draw down their wages early in exchange for a flat fee.
  9. Post-quantum security startup PQShield has raised $7 million to protect against future quantum attacks. Experts predict the post-quantum cryptography market will be worth $3.8 billion by 2028. 
  10. Will-writing startup Farewill has raised $25 million to help people write their will online. The UK-based startup says it has seen an increase in demand during the pandemic.

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Facebook InfoSnip FILE PHOTO: A man stands next to the logo of Verizon at the Mobile World Congress in Barcelona, Spain, February 26, 2019. REUTERS/Sergio Perez

Verizon joined the Facebook ad boycott.

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Good morning! This is the tech news you need to know this Friday.

  1. Verizon has joined the Facebook ad boycott, making it the biggest advertiser to do so thus far, CNBC reports. The ADL published an open letter on Thursday in which it mentioned it found a Verizon ad next to an anti-Semitic video.
  2. Democratic lawmakers introduced a bill that would ban the use of facial recognition technology by federal law enforcement. Democratic Sens. Ed Markey and Jeff Merkeley and Reps. Ayanna Pressley and Pramila Jayapal introduced the bill Thursday.

  3. Amazon purchased the naming rights to a Seattle sports arena, renaming it “Climate Pledge Arena.” Amazon CEO Jeff Bezos announced on Instagram Thursday that the company chose not to name it Amazon Arena so that the name would serve “as a regular reminder of the urgent need for climate action.”
  4. Apple is launching a new Safari feature that will show users a list of the advertising trackers attempting to follow them around the web. The feature is part of Apple’s software updates coming to Macs, iPhones, and iPads in the fall.
  5. Top Trump officials and Republicans are encouraging followers to migrate to Parler, an alternative social network beloved by far-right agitators kicked off Facebook and Twitter. Parler, similar to social networks like Gab and MeWe, has advertised itself as a haven for free speech and protector of user rights.
  6. SoftBank’s Masayoshi Son is stepping down from Alibaba’s board as he focuses on shoring up SoftBank’s shaky finances. Son was one of Alibaba’s earliest backers, making a $20 million investment in the company two decades ago that was worth $60 billion by 2014.
  7. Sidewalk Labs laid off half of its Toronto employees after the Alphabet moonshot abandoned plans for a $900 million smart city. “Sidewalk Labs remains committed to reimagining cities for the future and tackling big urban problems,” a spokesperson told Business Insider.
  8. Amazon is launching a new service called Honeycode that enables AWS customers to build apps for their business without any coding experience. Honeycode is designed for businesses that need apps for tasks like event scheduling and inventory management, and Slack is one of its first users.
  9. The Information reports Amazon has agreed to buy self-driving car startup Zoox for $1 billion. The deal could be announced as early as today, according to The Information.
  10. Facebook will now warn users if they’re sharing an old news story with a pop-up, TechCrunch reports. The pop-up will appear if you try to share a story older than 90 days.

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Facebook CEO Mark Zuckerberg.

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Good morning! This is the tech news you need to know this Monday.

  1. The Washington Post reports that as far back as 2015 Facebook started altering its policies to accommodate Donald Trump. The Post’s report relies on information from a dozen former and current employees plus previously unreported documents.
  2. Facebook shares sank 7% on Friday after Coca Cola announced it was pausing all social media advertising. The stock plummet wiped $7 billion off CEO Mark Zuckerberg’s net worth.
  3. Starbucks has also said it’s stopping advertising on social media platforms, CNBC reports The coffee shop chain will continue to advertise on YouTube however.
  4. Unilever is halting ads on Facebook and Twitter in the US for the rest of 2020. “There is much more to be done, especially in the areas of divisiveness and hate speech during this polarized election period in the US,” Unilever said in a statement.
  5. One of the organizers of the Facebook ad boycott “Stop Hate for Profit” told Reuters they want to take the campaign global, focusing on Europe next. Jim Steyer from nonprofit Common Sense said the campaign is urging big global companies like Honda to pull their advertising.
  6. As the ad boycotts over hate speech on social media snowballed, Donald Trump retweeted a video on Sunday which showed an apparent supporter repeating the words “white power.” The tweet was deleted a few hours later, and a spokesman said the president had not heard the chant of “white power.”
  7. Facebook announced on Friday it’s banning ads which claim people from a specific race, ethnicity, nationality, caste, gender, sexual orientation or immigration origin are a threat, CNBC reports. “I […] stand against hate or anything that incites violence or suppresses voting, and we’re committed to removing that content too, no matter where it comes from,” said Mark Zuckerberg.
  8. The EU’s space chief told Reuters Europe is accelerating its spaceflight programs because of competition from SpaceX and China. The EU has signed a 1 billion euro deal with satellite launch company Arianespace to speed up its spaceflight ambitions.
  9. Singapore has started distributing physical devices for tracking and tracing the coronavirus, the BBC reports. The bluetooth-enabled “tokens” are being handed out to elderly and vulnerable people first.
  10. A group of young techies revealed themselves as being behind “It Is What It Is,” a mysterious meme that succeeded in getting Tech Twitter to donate to Black Lives Matter charities and clamor for invites to an app that doesn’t exist. According to team member Regynald Augustin, “It Is What It Is” has raised more than $200,000 for charities supporting Black trans people and the Black Lives Matter movement.

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Good morning! This is the tech news you need to know this Wednesday. Facebook CEO Mark Zuckerberg. Drew Angerer/Getty Images Facebook has banned hundreds of groups and accounts linked to the far-right boogaloo movement. The social media giant said it removed 220 Facebook accounts, 95 Instagram accounts, 28 pages, and 106 groups linked to the…

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Good morning! This is the tech news you need to know this Wednesday.

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Facebook CEO Mark Zuckerberg.

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  1. Facebook has banned hundreds of groups and accounts linked to the far-right boogaloo movement. The social media giant said it removed 220 Facebook accounts, 95 Instagram accounts, 28 pages, and 106 groups linked to the boogaloo network it identified from its platform.
  2. The Federal Communications Commission has designated the Chinese telecommunications firms Huawei and ZTE as national security threats. The New York Times reported that the move cuts off the two firms from millions in broadband subsidies.
  3. Alphabet’s healthcare unit Verily has suspended bonuses mid-pandemic to fund diversity programs instead, frustrating employees, according to a memo obtained by Business Insider. Employees wrote in a letter to the company that the decision “implies that these efforts are charity causes not worthy of their own investment.”
  4. SAP has said it will suspend advertisements on Facebook and Instagram as it endorsed the “Stop Hate for Profit” campaign against the social network. The company said it would suspend all paid ads until Facebook signaled “a significant, action-driven commitment to combating the spread of hate speech and racism on its platforms.”
  5. Google has confirmed it will buy smart glasses maker North, in a move that hints at higher ambition in augmented reality tech. The price of the deal is unknown, although a previous report claimed Google was buying the company for $180 million. 
  6. The UK is set to finally legalize electric scooter rentals from Saturday as it tries to avoid floods of people on public transport. The UK Department for Transport (DfT) will this week publish its legal framework for allowing pilots of e-scooter rental schemes to get underway.
  7. Europe’s $1.9 billion ride-hailing unicorn Bolt is rolling out electric bikes just weeks after Uber flamed out of the market. Bolt’s e-bike launch follows Uber pulling out of the scooter and bike-sharing market with the sale of its Jump business to Lime in May.
  8. Facial-recognition software fails to correctly identify people ‘96% of the time,’ according to Detroit’s police chief. Police around the US use facial-recognition software, though several major cities have banned its use.
  9. A Bay Area politician is pushing to rename the Zuckerberg San Francisco Hospital as anger swirls around Facebook’s lax hate speech policies. In 2015, Zuckerberg and his wife Priscilla Chan donated $75 million to the hospital, which renamed itself in their honor.
  10. A Tesla on Autopilot slammed into a police car, according to a new report — and now the driver is facing criminal charges. A Tesla slammed into a police cruiser during a traffic stop in Massachusetts in December 2019 but the driver could now face negligence charges. 

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Facebook InfoSnip Protests in Minneapolis, George Floyd

People hold signs during the second day of protests in Minneapolis on Wednesday, May 27, 2020, over the death of George Floyd.

Jordan Strowder/Anadolu Agency via Getty Images


Good morning! This is the tech news you need to know this Monday.

  1. Facebook CEO Mark Zuckerberg defended the controversial decision not to take any action on a post from President Trump that apparently threatened the Minneapolis protesters with violence. Zuckerberg said Facebook’s role was to “enable as much expression as possible.”
  2. Unlike Facebook, Twitter slapped a warning label on the post from Trump that stated “when the looting starts, the shooting starts.” Twitter placed a click-through block on the tweet, saying that it was “glorifying violence.”
  3. Leaked emails obtained by The Verge show considerable dissent among Facebook employees over whether the platform should remove Trump’s post. One employee wrote that “history will not judge us kindly.”
  4. SpaceX on Saturday successfully launched into orbit its first human passengers: NASA astronauts Bob Behnken and Doug Hurley. On Sunday morning, the astronauts caught up to the International Space Station inside their Endeavour spaceship and docked it there.
  5. SpaceX’s Elon Musk said he was “overcome with emotion” after after the successful astronaut launch. Though his adrenaline was at “100%” during the first launch attempt on Wednesday, the SpaceX CEO said he didn’t feel nervous at all this weekend.
  6. Amazon-owned Whole Foods fired a worker who had been tracking COVID-19 cases across the grocery chain’s stores. The worker said Whole Foods accused her of “time theft” after she took a break to recover from a panic attack, but she suspects she was actually fired for “dissent,” according to Vice
  7. Google has rescinded thousands of job offers to temporary and contract workers, as the company continues to feel the sting of the pandemic. According to The New York Times, Google is seeing its advertising business hit hard by the pandemic.
  8. Senators want an investigation into TikTok’s privacy practices after it allegedly broke its promise to delete videos posted by young kids. In a letter sent Friday, the four senators cited a report from leading child advocacy groups claiming TikTok failed to take down videos posted by children under 13, as it had promised to do in a 2019 consent decree.
  9. An Irish drone company has been making deliveries of prescription medication, cake, and pizza to the remote Irish village of Moneygall during the pandemic. The company, called Manna, has been designated an essential service by Ireland’s health service and is serving a population of around 1,000 people.
  10. A former Googler has raised $2.1 million for his augmented reality marketplace startup Poplar in the midst of the pandemic. Founder David Ripert began raising in January, but closed the round in May despite a general slowdown in investment.

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Facebook CEO Mark Zuckerberg.

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Good morning! This is the tech news you need to know this Wednesday.

  1. Facebook is adding a new e-commerce feature called Shops to let businesses sell products through the social network. Facebook said it accelerated the rollout of the feature to help small businesses affected by COVID-19.

  2. Google said it will no longer build custom AI tools for fossil fuel extraction as it looks to distance itself from the oil and gas industry. The announcement followed a Greenpeace report revealing a number of cloud computing services provided by tech companies to the energy industry.

  3. Uber paid its laid-off hourly workers far fewer weeks of severance than others, but the company now plans to retroactively pay them more. The hourly workers are still largely unaware of Uber’s plans to pay them more, according to a source familiar with the matter.
  4. EasyJet says hackers stole 9 million customers’ personal data, including email addresses and credit card details. EasyJet said it has closed off the unauthorized access and will notify affected customers this week.
  5. Google CEO Sundar Pichai refuted a report that the company scaled back its diversity programs in order to avoid conservative backlash. “We probably have more resources invested in diversity now than at any point in our history as a company,” said the Google chief.
  6. Mark Zuckerberg said he is “worried” about China setting the agenda for tech regulation during a live streamed conversation with an EU commissioner. “I think the best antidote to that is having a clear regulatory framework that comes out of Western democratic countries and that can become a standard around the world that we can show works well,” Zuckerberg said.
  7. A court in Texas selected its first jury via Zoom. The case is a summary jury trial, which means the jury’s verdict will be non-binding.
  8. Joe Rogan’s podcast is moving exclusively to Spotify. It’s the platform’s latest addition to the podcast empire it’s building to compete with Apple and Google
  9. When Facebook reopens its offices in July it will limit them to 25% occupancy and require employees to wear masks, Bloomberg reports. Sources told Bloomberg the company outlined to staff globally how it plans to handle a return to major job sites starting July 6.
  10. Zoom no longer lets users in China sign up for free accounts, Nikkei Asian Review reports. This is reportedly due to “regulatory requirements” in China forcing users to sign up for paid accounts.

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    Sundar Pichai said Google employees will return to work gradually.

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    Good morning! This is the tech news you need to know this Wednesday.

    1. Amazon may have violated New York’s whistleblower law by firing a worker involved in a protest over workplace safety, the state’s attorney general said in a letter to the company. The letter also said Amazon’s coronavirus safety measures are “so inadequate” that they may violate federal and state workplace safety rules.
    2. Google CEO Sundar Pichai said in an internal memo seen by Business Insider that Google will “stagger” its return to offices as it extends work-from-home until June 1. Pichai said the experience of operating from home was giving Google an opportunity to reimagine the way the company works.
    3. Uber’s chief technology officer has resigned following a report from The Information that Uber is planning to lay off up to 5,400 people to save costs. Thuan Pham, who joined the company in 2013, was one of the last remaining executives hired by ousted founder Travis Kalanick.
    4. Alphabet’s Q1 earnings revealed Google Cloud generated nearly $2.8 billion in revenue this quarter, up 52% from a year ago. Analysts have said that they expect demand for cloud services to increase during the coronavirus pandemic as remote work becomes more widespread.
    5. Senator Josh Hawley asked Attorney General William Barr to launch a criminal antitrust investigation into Amazon after a Wall Street Journal report alleged the company used third-party sellers’ data to benefit its private label brands. Hawley said the company “has engaged in predatory and exclusionary data practices to build and maintain a monopoly.” 
    6. Tripadvisor is laying off approximately 25% of its workforce, the company announced in a statement Tuesday. More than 600 employees in the US and Canada as well as nearly 300 elsewhere in the world are losing their jobs as result, while some others will be furloughed.

    7. Facebook is hosting a virtual graduation on May 15 for the Class of 2020 featuring Oprah, Lil Nas X, and Simone Biles. The company is stepping up after graduation ceremonies across the US were cancelled due to the pandemic.
    8. Andreessen Horowitz has completed its first full venture round into a seed-stage European startup and backed a former Google security whizz. Optimyze Cloud CEO Thomas Dullien previously sold a startup to Google and was on its famed Project Zero security research team.
    9. British far-right activists have turned to Russian social media platform VK after being driven off mainstream platforms. Far-right agitator Tommy Robinson is trying to build an audience on VK after being banned from TikTok on Friday.
    10. The CEO of Banjo, a SoftBank-backed neighborhood-watch app, was revealed to have a hidden neo-Nazi past. Damien Patton was involved in a neo-Nazi group as a teenager and was convicted for assisting a drive-by shooting of a synagogue at age 17.

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    Amazon CEO Jeff Bezos. YouTube/Amazon News Good morning! This is the tech news you need to know this Tuesday. Amazon is facing multiple inquiries from labor regulators into whether it unlawfully retaliated against workers who spoke out about its coronavirus response. Amazon has come under fire recently from employees, activists, and lawmakers for firing workers…

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    Good morning! This is the tech news you need to know this Tuesday.

    1. Amazon is facing multiple inquiries from labor regulators into whether it unlawfully retaliated against workers who spoke out about its coronavirus response. Amazon has come under fire recently from employees, activists, and lawmakers for firing workers who criticized the company’s safety measures.
    2. Zoom took months to repair a flaw that would allow hackers to take complete control of a computer. The flaw was discovered by security researchers who participated in a hackathon sponsored by Dropbox last year. 
    3. Europe’s coronavirus-tracing apps risk an unprecedented increase in mass surveillance, experts have warned. A rift has opened up over the design of smartphone apps to trace people in Europe at risk of coronavirus infection, potentially hindering efforts to curb the pandemic and ease crippling travel restrictions.
    4. The UK is scrambling to launch its COVID-19 contact-tracing app, after getting derailed by Apple and Google. A new system announced by Apple and Google means that the UK app may not be able to track people’s phones as closely as officials would like.
    5. Uber will broaden out beyond ride-hailing and food delivery during the pandemic to courier packages, medicine, and pet supplies. Uber is partnering with companies to ship parcels to customers, and allowing users to send care packages to friends or relatives.
    6. A judge has put Amazon’s lawsuit challenging the Pentagon’s $10 billion cloud contract award to Microsoft on hold until August. The Department of Defense last year chose Microsoft for its Joint Enterprise Defense Infrastructure (JEDI) deal, a massive cloud project that will store and manage sensitive military and defense data. 
    7. Facebook has released an interactive COVID-19 map that shows how many people are reporting symptoms nearby. Rather than the number of positive COVID-19 tests, Facebook’s map shows how many people are reporting symptoms on a county-by-county level.
    8. Buzzy french health insurance startup Alan has raised $54 million from Index Ventures and Temasek. The Series C funding takes the company’s total funding to €125 million ($136 million) and will be used to help continue the company’s expansion into new European markets. 
    9. Some wealthy Silicon Valley bigwigs have reportedly already scurried to their doomsday shelters in New Zealand. Those with money in the Valley have become known in recent years for prepping for disaster scenarios by building getaway bunkers in New Zealand.
    10. Tesla CEO Elon Musk has claimed that the Cybertruck can float “for a while”. Musk has a history of dropping vague references on Twitter to obscure Tesla car capabilities without offering much detail. 

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    Good morning! This is the tech news you need to know this Monday.

    1. Google is working on physical and virtual debit cards as it looks to catch Apple’s lead in the fintech space. TechCrunch reports that Google is working on physical and virtual debit cards which would link to an associated checking account.
    2. The UK has greenlit a £250 million rescue package to stop thousands of startups collapsing during COVID-19. Startups can apply for government cash, but must match taxpayer money with funding from private investors.
    3. Conspiracy theories blaming Bill Gates for the coronavirus pandemic are exploding online. A New York Times analysis found more than 16,000 Facebook posts linking Gates with the virus, as well as 10 YouTube videos espousing the conspiracy theories that had garnered 5 million views.
    4. Amazon is installing thermal cameras at warehouses to scan employees for fevers. Cases of the virus have been reported among staff at more than 50 of Amazon’s US warehouses, and working employees have expressed safety concerns. 
    5. $2 billion telehealth unicorn Babylon Health has furloughed 5% of its staff in response to COVID-19, Business Insider has learned. Babylon Health said it had seen an increase in demand for some services during COVID-19, but other parts of its business needed to be ‘paused.’
    6. Buzzy recruiting-software startup Greenhouse cut close to 30% of its workforce, making it the latest in the industry to suffer as hiring across the country comes to an abrupt halt. Greenhouse Software confirmed the news in an emailed statement to Business Insider, adding that the cuts largely affected its sales and marketing teams.
    7. Airbnb laid off most of its contractors and postponed summer internships during a Zoom Q&A with the company’s CEO Brian Chesky. An Airbnb contractor told Business Insider that many people were caught off guard by the announcement, which came during Chesky’s weekly Q&A.
    8. Startup valuations at Series A are likely to compress by between 22% and 33% in the second quarter of 2020 due to the coronavirus pandemic, new analysis shows. US figures from Eddie Ackerman, head of financial analysis at Thomvest Ventures, indicate that pre-money startup valuations will drop, based on analysis of companies during the global financial crisis in 2008. 
    9.  Some of WeWork’s outsourced cleaners have lost their jobs — even as the coworking giant keeps offices open and charges members for space they can’t use. WeWork cleaning staff were laid off by JLL, the publicly traded real estate company to which the coworking giant outsourced maintenance in December.
    10. Melinda Gates said in an interview with BBC Radio on Thursday that she and her husband, Bill, had been storing food in their basements for years in anticipation of a pandemic or other disaster. The couple speculated on a possible lack of clean water and food during a pandemic and prepared accordingly.

    Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for “Business Insider” in your Alexa’s flash briefing settings.

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    Good morning! This is the tech news you need to know this Wednesday.

    1. Amazon has seen its first warehouse-worker death from COVID-19 as calls for safer working conditions mount. The employee in question worked at Amazon’s Hawthorne warehouse in California.

    2. Apple has released a tool that shows how whether people are obeying lockdown and social distancing rules. The tool gathers location data from Apple Maps users to glean trends in people’s movements.
    3. President Trump said Apple and Google’s COVID-19 tracing tech posed “big constitutional problems” thought he didn’t explain what. Google and Apple partnered last week to create a contact-tracing system for detecting the spread of coronavirus, which will gradually be rolled out in the coming months.
    4. Microsoft billionaire Bill Gates has suggested travel for work will never be the same after the coronavirus. He told a podcast that business trips were among the areas that he doubted “will ever go back.”
    5. A source told Business Insider that Airbnb is raising $1 billion in debt, its second fundraising round in just two weeks, as the company tries to navigate a tough economic landscape. Airbnb’s business has been hit hard by coronavirus lockdowns, and the funds could help the company as it tries to survive the pandemic.
    6. Facebook blocked two 5G conspiracy groups with thousands of members after users celebrated the destruction of phone masts. Facebook said it was taking “aggressive steps” to halt misinformation around the coronavirus and 5G.
    7. Sequoia Capital global managing partner Doug Leone is advising President Trump on how to restart American businesses during the coronavirus-led economic shutdown. Leone is the sole Silicon Valley investor to be advising the president as part of his coronavirus task force.
    8. Google healthcare subsidiary Verily told five US senators that it has run more than 7,000 tests for COVID-19. Verily has been screening and testing people for coronavirus, but some senators are worried over how it collects and uses data.
    9. SoftBank warned its tech-focused Vision Fund will book a $17 billion annual operating loss. The Vision Fund has posted operating losses for three consecutive quarters, pushing the entire group into the red.
    10. Tech companies like Apple and Blue Origin and universities like Duke are using their arsenals of 3D printers to produce millions of face shields for medical workers. Universities like Duke, Harvard, and Northwestern are using their 3D-printing facilities to produce up to 1,000 face-shield components per day.

    Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for “Business Insider” in your Alexa’s flash briefing settings.

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    Good morning! This is the tech news you need to know this Thursday.

    1. Google is recommending all employees in Europe, the Middle East, and Africa to work from home because of the coronavirus. This is an expansion of Google’s policy for its employees in North America, who have been given the same advice.
    2. Apple is telling retail workers not to encourage customers to try on the Apple Watch or AirPods in a precaution against spreading the coronavirus. While Apple hasn’t eliminated try-ons, employees are being told not to offer it proactively and to only allow try-ons at the customer’s request.
    3. E3, one of the world’s biggest gaming events, has been canceled over coronavirus fears. In a statement sent to Business Insider, the Entertainment Software Association – E3’s organizer – said it was “very disappointed” but described the cancelation as “the right decision.”
    4. The UK will spend $1 billion on a moonshot agency to fund cutting-edge tech and compete with the US and China. The idea is to create a UK “blue skies” funding agency that mimics the US Advanced Research Projects Agency, a government agency which fuelled the invention of the internet.
    5. The Trump administration implored Silicon Valley tech giants to aid its fight against coronavirus. The federal government asked for assistance from companies including Facebook, Google, Amazon, Apple, Microsoft, IBM and Twitter, Politico reports. 
    6. Magic Leap, the hyped-up smart-glasses startup that raised over $2.6 billion from investors like Google, is reportedly exploring a sale. Magic Leap is also exploring options including partnerships and a possible stock market listing, Bloomberg reports.
    7. The European Commission has set out a plan to move towards a ‘right to repair’ for electronics devices, such as mobile phones, tablets and laptops. The proposals are part of a plan that’s designed to aid a Commission pledge to transition the bloc to carbon neutrality by 2050, TechCrunch reports. 
    8. Millennial-focused bank Cogni is launching with fee-free checking accounts to disrupt the ‘expensive’ US banking market. Cogni is a new challenger bank backed by Barclays, Guggenheim Partners, and the CXO fund, among others.
    9. Googlers are jolted by life without free lunch as hundreds of thousands work from home — but insiders say ‘nobody could be more prepared’ than their company for COVID-19. The biggest impact for many Googlers is the loss of the company’s famous free lunches.
    10. Instagram chief Adam Mosseri has said Facebook ‘serves as a s— umbrella for Instagram.’ Mosseri said it’s “generally the case” that people trust Instagram more than Facebook, while admitting he isn’t as big a public figure as Facebook CEO Mark Zuckerberg.

    Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for “Business Insider” in your Alexa’s flash briefing settings.

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