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Business financial make money capital trading 10 things in tech you need to know today

Business financial make money capital trading 10 things in tech you need to know today

Business financial make money capital trading 10 things in tech you need to know today

Business financial make money capital trading 10 things in tech you need to know today

Business financial make money capital trading 10 things in tech you need to know today

Business financial make money capital trading 10 things in tech you need to know today


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Business financial make money capital trading 10 things in tech you need to know today

Facebook CEO Mark Zuckerberg testifying social-distance style before a House Judiciary subcommittee in July 2020 Photo by Graeme JENNINGS / POOL / AFP via Getty Images 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’s smart home security…

Business  financial  make money  capital  trading 10 things in tech you need to know today

Business financial make money capital trading


business  financial  make money  capital  trading Facebook CEO Mark Zuckerberg testifies before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law on business  financial  make money  capital  trading Facebook CEO Mark Zuckerberg testifies before the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law on

Facebook CEO Mark Zuckerberg testifying social-distance style before a House Judiciary subcommittee in July 2020

Photo by Graeme JENNINGS / POOL / AFP via Getty Images


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’s smart home security division Ring has unveiled a camera drone that launches if sensors detect a potential home break-in. The new Always Home Cam is an autonomous drone that can fly around inside your home to give you a perspective of any room you want when you’re not in, per The Verge. 
  2. Amazon announced Luna, a free video game streaming service that lets you play hit games on your phone, computer, and other streaming devices, on Thursday. For $5.99 per month, players can subscribe to the Luna+ channel, which will grant them access to dozens of games, including hit titles like “Control,” and “Resident Evil 7.” 
  3. The Senate plans to subpoena the CEOs of Facebook, Google, and Twitter to testify before Congress next month. The committee is holding a hearing on Oct. 1 that’s meant to address Section 230, a law that shields social media companies from being held liable for the content of users’ posts.
  4. Facebook issued a warning about Russian ‘hack-and-leak’ operations ahead of the 2020 election. In the last presidential election, Russian government operatives working to elect Donald Trump created fake news outlets to disseminate emails stolen from the Hillary Clinton campaign.
  5. Spotify, Epic Games, and Match Group have allied to take on Apple in the raging App Store war. The app developers have banded together to create a non-profit called the Coalition for App Fairness over claims Apple’s practices are anti-competitive. 
  6. Facebook’s former director of monetization says Facebook intentionally made its product as addictive as cigarettes — and now he fears it could cause ‘civil war.’ Former Facebook director Tim Kendall lashed out at the company’s business model during testimony before Congress, saying Facebook’s focus on driving engagement outweighs its consideration of potential harms.
  7. Facebook’s policy chief said Europe is too fragmented to produce a Facebook or Google to rival the US and China. Former UK deputy prime minister Nick Clegg said the reason there hasn’t been a European tech success to rival Facebook or Google is because the EU has failed to create a “digital single market.”
  8. Palantir could be valued at as much as $22 billion in its trading debut. The data-mining-software company is eschewing the traditional IPO route and going public through a direct listing which could value shares at around $10 a-piece, per the WSJ.
  9. Spotify founder Daniel Ek is investing over $1 billion of his own money into European startups to push Silicon Valley from the center of the tech world. Ek plans to invest in risky early stage companies working in health care, education, machine learning, biotechnology, material sciences and energy.
  10. How $10 billion Tencent-backed Brazilian challenger bank Nubank grew its customers from 5 million to 30 million in 18 months. Nubank, founded in 2013, has raised $1.4 billion to-date and is one of the most valuable and well funded private tech startups in South America

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Business financial make money capital trading 10 things in tech you need to know today

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Business  financial  make money  capital  trading 10 things in tech you need to know today

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Samsung’s newly-announced foldable phone, the Galaxy Z Flip.

Samsung


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

  1. Samsung announced multiple new products during its big Unpacked event, from a new foldable phone, the Galaxy Z Flip, to the $1,400 Galaxy S20 Ultra with 100x zoom. The Korean tech giant announced no fewer than five major new devices during the event, including the company’s best shot at Apple’s AirPods.
  2. The FTC is looking into “hundreds” of potential anticompetitive acquisitions made by Apple, Facebook, Microsoft, and Google-parent Alphabet as it ramps up antitrust inquiries. It’s looking to find out if the companies bought up potential competitors before the deals were big enough to warrant scrutiny.
  3. Airbnb reportedly lost $322 million in the first 9 months of 2019, and it could mean a bumpier path to going public. The Wall Street Journal reported that Airbnb lost $322 million, which could worry investors wary of IPOs from money-losing businesses.
  4. Leaked documents reportedly show the CIA secretly bought an encryption company and used it to spy on clients — while turning a profit. The CIA secretly listened in on communications by spies, diplomats, military officials, calling it “the intelligence coup of the century.”
  5. SoftBank just made $12 billion after Sprint’s stock rocketed 70%. The Uber and WeWork investor owns nearly 85% of the wireless carrier’s shares, which soared after a judge approved Sprint’s merger with T-Mobile.
  6. Twitter CEO Jack Dorsey says the company will build support for a more remote workforce as concentrating employees in San Francisco ‘is not serving us any longer’. The majority of Twitter will still be at its Bay Area HQ, but Jack Dorsey said he wants to build a company “not entirely dependent on San Francisco.”
  7. NASA says SpaceX is just a ‘load’ of paperwork away from launching its first astronauts. The target launch date is May 7. The NASA astronauts flying SpaceX’s Crew Dragon spaceship will likely become the first people to fly a commercial spacecraft by the end of June.
  8. Robot analysts are better than humans at picking stocks, a new study found. Researchers at the University of Indiana found that robots made more profitable investment decisions than people.
  9. Facebook and Intel have withdrawn from Mobile World Congress in Barcelona due to coronavirus concerns. According to BBC News, MWC’s organizer, the GSMA trade body, is privately mulling canceling the event entirely.
  10. Donald Trump made a special sign to show reporters that the initials of the 4 most valuable stocks spell MAGA. The sign alluded to a recent achievement made by Google’s parent company Alphabet, which hit a $1 trillion market cap in January.

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Business financial make money capital trading 10 things in tech you need to know today

Amazon CEO Jeff Bezos. Getty Good morning! This is the tech news you need to know this Tuesday. Leaked emails show Amazon is stockpiling products made in China because of the risk that the coronavirus poses to its supply chain. Amazon reached out to a number of suppliers last week and placed last-minute orders to…

Business  financial  make money  capital  trading 10 things in tech you need to know today

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business  financial  make money  capital  trading Jeff Bezos

Amazon CEO Jeff Bezos.

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

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  1. Leaked emails show Amazon is stockpiling products made in China because of the risk that the coronavirus poses to its supply chain. Amazon reached out to a number of suppliers last week and placed last-minute orders to increase its inventory of products made in China.
  2. Uber and Postmates have lost a bid to temporarily block California’s new gig-worker law, a legal setback that could immediately affect their financials. A statement from Uber reiterated the company’s commitment to continuing to challenge the case in court.
  3. China has launched an app that lets people check whether they’ve been at risk of catching the coronavirus. The app tells people if they’ve been near someone who’s been confirmed or suspected of having coronavirus, BBC News reports.
  4. Apple has seen $27 billion of market value wiped out amid the delayed reopening of its main Chinese iPhone plants. Foxconn recently got permission to reopen its Zhengzhou plant, but other factories remain closed, Reuters reported.
  5. Facebook employees reportedly feel guilty that the company didn’t fix a known security risk fast enough to prevent its biggest data breach ever. The Telegraph reported that Facebook was “repeatedly warned” about a security flaw that contributed to the biggest data breach in company history.
  6. Bill Gates says the best way to help poorer countries fight climate change is to make sure they’re healthy enough to survive it. Countries near the equator – which are disproportionately poor by global standards – are likely to be worst hit by climate change.
  7. The SoftBank-backed company that sold everything for $3 is abruptly shutting down, refusing orders, and laying off employees. SoftBank-backed e-commerce firm Brandless, which sold private-label household essentials for $3 each, is shutting down.
  8. Daimler, the parent company of Mercedes-Benz, is preparing to lay off 15,000 workers as it tries to adapt to electric cars. Daimler is wasting no time in making deep cuts to its workforce as the German auto industry continues to face tough times.
  9. YouTube’s documentary series on Justin Bieber has broken a record for the platform. “Seasons” already set a record as YouTube’s most expensive deal: The platform reportedly paid more than $20 million for the series.
  10. Elon Musk took another shot at Mark Zuckerberg by calling Facebook ‘lame’ and saying people should delete it. Musk and Zuckerberg have previously disagreed about the future of artificial intelligence.

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. You can also subscribe to this newsletter here — just tick “10 Things in Tech You Need to Know.”

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Business financial make money capital trading 10 things in tech you need to know today

Uber CEO Dara Khosrowshahi Jerod Harris/Getty Images for Fortune Good morning! This is the tech news you need to know this Friday. Uber’s Q4 earnings topped Wall Street expectations, and the company said it will be profitable sooner than expected. Uber said it plans t0 hit profitability by the end of 2020, and shares soared…

Business  financial  make money  capital  trading 10 things in tech you need to know today

Business financial make money capital trading

business  financial  make money  capital  trading Dara Khosrowshahi

Uber CEO Dara Khosrowshahi

Jerod Harris/Getty Images for Fortune


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

  1. Uber’s Q4 earnings topped Wall Street expectations, and the company said it will be profitable sooner than expected. Uber said it plans t0 hit profitability by the end of 2020, and shares soared as much as 10% following the new timeline.
  2. Jeff Bezos used Instagram to take an apparent swipe at a senior Trump official who accused him of ducking an important meeting. White House trade adviser Peter Navarro said Bezos told him at a recent party that they would meet, and has since dodged him. 
  3. SpaceX’s COO reportedly said Elon Musk’s internet-satellite business Starlink is “likely” going to spin off from SpaceX and go public. Starlink is “the right kind of business that we can go ahead and take public,” SpaceX COO Gwynne Shotwell reportedly said on Thursday.
  4. Amazon plans to create 15,000 jobs in Seattle suburb Bellevue. The company currently employs around 2,000 people in Bellevue, meaning the expansion would grow its total presence there more than eightfold.
  5. Embattled e-cigarette company Juul has raised $700 million in debt amid financial strain and regulatory pressure. Juul has been fighting off lawsuits, dealing with regulatory scrutiny, and adapting its business all while watching its valuation slide.
  6. Huawei filed a legal action against Verizon for alleged patent infringements. The suit is likely to exacerbate the tensions between Huawei and the US government, particularly in the light of Huawei’s victory last month when the UK announced it would allow the tech giant to build some of its 5G network.
  7. Clearview AI, the controversial company building a searchable database of peoples’ faces, is reportedly planning a “rapid international expansion” that includes countries with documented human rights abuses. Facebook, Twitter, Google, and other platforms have sent cease-and-desist letters to Clearview AI instructing it to stop scraping peoples’ images from their sites.
  8. A Pew study found LGBTQ adults are using dating apps nearly twice as much as straight adults. The results of the survey address the difficulties those in the LGBTQ community face in meeting people offline, whether that’s due to a lack of queer spaces or queer visibility.
  9. TikTok reportedly waited nearly three hours to call police in Brazil after a teen’s death was livestreamed on the platform, but the company notified its own PR team almost immediately. TikTok told Business Insider there was a “breakdown” in the process in which the company dealt with this video, and that it had since made changes to its review process, though it did not say what those changes are.
  10. Elon Musk made a dig at WhatsApp’s recent security scandals in a tweet. A recent forensic analysis concluded that Amazon CEO Jeff Bezos’ phone was hacked via a malicious link sent on WhatsApp.

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Business financial make money capital trading 10 things in tech you need to know today

Elon Musk’s EDM track is getting traction on Soundcloud. Screenshot/Youtube Good morning! This is the tech news you need to know this Thursday.LinkedIn CEO Jeff Weiner is stepping down after 11 years. Weiner will be replaced by Ryan Roslansky, a senior vice president in charge of product.Clearview AI, the startup that scraped billions of photos…

Business  financial  make money  capital  trading 10 things in tech you need to know today

Business financial make money capital trading

business  financial  make money  capital  trading elon musk headphones joe rogan

Elon Musk’s EDM track is getting traction on Soundcloud.

Screenshot/Youtube


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

  1. LinkedIn CEO Jeff Weiner is stepping down after 11 years. Weiner will be replaced by Ryan Roslansky, a senior vice president in charge of product.
  2. Clearview AI, the startup that scraped billions of photos from Facebook and Google to create a facial-recognition database, was sent a cease-and-desist by Google and YouTube. Twitter, Google, and YouTube say Clearview AI’s method of scraping public photos violates their terms of service agreements, and all three have sent cease-and-desist letters to the company.
  3. Buzzy mattress startup Casper priced its IPO at $12 a share on Wednesday, giving it a valuation of $490 million. Previously under a private valuation Casper had been thought to be a unicorn — a company worth more than $1 billion.
  4. Google’s videogame streaming service Google Stadia will be introducing a free version of its service “over the next few months.” Stadia initially launched with access limited to customers willing to pay $130 for its “premiere edition.”
  5. A verified Kendall Jenner TikTok account was deleted because it was an imposter, and TikTok won’t say why it gave a fake account a verified blue checkmark. TikTok’s guidelines about how it verifies accounts are incredibly murky, and do not say what steps the team takes to confirm an account is legitimate.
  6. Workers at Tesla’s California car factory suffered fewer injuries in 2019, improving on the automaker’s historically lackluster safety record. The Fremont factory’s injury rate per vehicle produced declined by over 50% in 2019, said Tesla’s head of health and safety.
  7. Elon Musk polled his Twitter followers about opening a Tesla Gigafactory in Texas. Tesla recently opened a Gigafactory in Shanghai, to add to its preexisting Gigafactories in Buffalo, New York, and Storey County, Nevada.
  8. Match Group’s Q4 full-year earnings revealed Tinder made a whopping $1.2 billion in 2019. Tinder alone accounted for more than half of Match Group’s overall revenue.
  9. Elon Musk took a victory lap after his weird EDM song broke the top ten on SoundCloud. Elon Musk’s song “Don’t Doubt ur Vibe” has 2.6 million streams after being released on the platform less than a week ago.
  10. Waymo’s self-driving car workers have reportedly complained about finding leftover needles in the vehicles as well as a cut to their benefits. Drivers of self-driving Waymo cars in the Phoenix suburbs have seen their benefits cut since shifting to working for the company as “vendors” instead of “contractors,” drivers told The Verge.

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Business financial make money capital trading 10 things in tech you need to know today

Kendall Jenner’s TikTok account disappeared less than 24 hours after being founded. Frazer Harrison / Getty Good morning! This is the tech news you need to know this Wednesday.The company behind the Iowa-caucus app that caused the results delay released its first public statement about the fiasco. Results from the much-anticipated Iowa caucuses were delayed…

Business  financial  make money  capital  trading 10 things in tech you need to know today

Business financial make money capital trading

business  financial  make money  capital  trading kendall jenner

Kendall Jenner’s TikTok account disappeared less than 24 hours after being founded.

Frazer Harrison / Getty


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

  1. The company behind the Iowa-caucus app that caused the results delay released its first public statement about the fiasco. Results from the much-anticipated Iowa caucuses were delayed Monday night into Tuesday after the Iowa Democratic Party said there were “inconsistencies” in initial results, and the app’s developer Shadow Inc said it “sincerely” regrets the delay.
  2. Snapchat’s parent company Snap reported its fourth-quarter results Tuesday. The company fell short of Wall Street’s expectations with $561 million in revenue, but posted earnings of $0.03 a share, well above the $0.01 projected by analysts.
  3. Snap said it agreed to a $187.5 million settlement in a lawsuit where investors said that the company understated Snapchat’s threat from Instagram. Snap faced an investigation from the US Department of Justice and the Securities and Exchange Commission over the matter, but it was dropped in late 2019.
  4. Google accidentally sent people’s private videos stored on Google Photos to strangers. The issue affected users of Google Takeout, a service that allows Google Photos users to download their personal data for backups or to use with other apps.
  5. Instagram reportedly generated $20 billion in ad revenue in 2019, outpacing YouTube. Google released ad revenue data for YouTube for the first time on Monday, revealing it brought in $15 billion in revenue in 2019.
  6. A cofounder of Rockstar Games, the studio behind “Grand Theft Auto” and “Red Dead Redemption,” is leaving the company. Dan Houser has been on leave since spring 2019, and will officially leave the company on March 11.
  7. Both LG and ZTE have cancelled their appearances at Mobile World Conference (MWC) due to coronavirus fears, the Verge reports. MWC, the world’s biggest smartphone show, is due to take place at the end of February.
  8. Apple struck a deal with Genius to add a new video series to Apple Music. The series will be called “Verified” and will feature artists discussing the meaning being their songs.
  9. Disney Plus has gained 28.6 million subscribers since launching in November, the company announced on Tuesday. In April Disney set itself a goal of 60 million to 90 million subscribers by 2024.
  10. Kendall Jenner’s TikTok account was deleted less than 24 hours after it launched. It’s unclear whether Jenner or TikTok was responsible for deleting the account from the platform.

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