Monday 13 May 2019

10 things in tech you need to know today

 
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BUSINESS INSIDER
 
 
Tech Insider
 
 
 
10 things in tech you need to know today
 
 
10 things in tech you need to know today
 
Uber went public, Mark Zuckerberg responds to breakup calls, and Elon Musk faces a defamation trial.
 
 
 
 
 
Amazon is junking potentially millions of unsold goods, including TVs and toys, in a 'destruction' zone
 
 
Amazon is junking potentially millions of unsold goods, including TVs and toys, in a 'destruction' zone
 
Amazon did not comment directly on whether it destroys unsold products, but said it partners with a number of charities in the UK.
 
 
 
 
 
Meet Austin Geidt, the Uber exec whose life is the stuff of Silicon Valley legend, who joined the company as an intern in 2010, got sober at age 20, and just rang the company's IPO bell
 
 
Meet Austin Geidt, the Uber exec whose life is the stuff of Silicon Valley legend, who joined the company as an intern in 2010, got sober at age 20, and just rang the company's IPO bell
 
Austin Geidt showed up to Uber with a "blank" resume, and rose through the ranks in a career that would make anyone in Silicon Valley jealous.
 
 
 
 
 
 
Tesla CEO Elon Musk to face trial for calling one of the divers that helped rescue the Thai boys' soccer team a 'pedo'
 
 
Tesla CEO Elon Musk to face trial for calling one of the divers that helped rescue the Thai boys' soccer team a 'pedo'
 
Musk called Vernon Unsworth a "pedo" when the diver called the Tesla CEO's attempts to save the team a "PR stunt."
 
 
 
 
 
Uber had the worst first-day dollar loss ever of any US IPO
 
 
Uber had the worst first-day dollar loss ever of any US IPO
 
With a cumulative loss of $655 million, it's the worst first-day dollar loss of any US IPO ever.
 
 
 
 
 
Kamala Harris says 'we need to seriously take a look' at breaking up Facebook
 
 
Kamala Harris says 'we need to seriously take a look' at breaking up Facebook
 
Harris' remarks come after Chris Hughes, one of Facebook's co-founders, wrote in a New York Times op-ed that Facebook is a dangerous monopoly.
 
 
 
 
 
Sure, Uber didn't leave any money on the table, but its IPO was nothing to celebrate and it could haunt the company and its execs for years to come
 
 
Sure, Uber didn't leave any money on the table, but its IPO was nothing to celebrate and it could haunt the company and its execs for years to come
 
Uber's debut on the public markets was a disappointment to the company and investors. But it could end up being costly too.
 
 
 
 
 
Amazon hints that it may return to the smartphone market after its $170 million Fire phone fiasco
 
 
Amazon hints that it may return to the smartphone market after its $170 million Fire phone fiasco
 
Amazon's previous attempt at bringing a smartphone to market was a flop.
 
 
 
 
 
There are 360 ways to add Uber to FAANG and analysts already disagree over where to put it
 
 
There are 360 ways to add Uber to FAANG and analysts already disagree over where to put it
 
FAAUNG or FAANGU: Wall Street is ready to add Uber to the catchy acronym of well-loved tech stocks, but not everyone agrees where to put it.
 
 
 
 
 
Former Uber exec says it slumped at IPO because investors don't 'understand the Uber story,' and predicts a comeback fueled by autonomous technology
 
 
Former Uber exec says it slumped at IPO because investors don't 'understand the Uber story,' and predicts a comeback fueled by autonomous technology
 
Emil Michael spoke to CNBC about the disappointing performance of Uber stock, which closed nearly 8% down from an IPO price that was already cautious.
 
 
 
 
 
 
 
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