Monday 31 January 2022

10 things in tech you need to know today

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10 THINGS IN TECH YOU NEED TO KNOW TODAY

Welcome back, readers. Spotify has responded to the Neil Young vs. Joe Rogan debacle, and a handful of new emojis are coming to iPhones. 

Let's dive in.


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Neil Young and Joe Rogan

1. The Spotify saga continues. Days after artist Neil Young pulled his music from Spotify in protest of vaccine misinformation on Joe Rogan's podcast, Spotify has responded. The platform will add content advisories to podcast episodes that discuss COVID-19. It is also making its COVID-19 content policy and platform rules publicly available on its site. Here's what's happened so far: 

  • Other artists have followed suit: Joni Mitchell announced she would also pull her music from Spotify, while author BrenĂ© Brown said she won't release any new podcast episodes "until further notice."
  • Meanwhile, rivals have wasted no time cashing in on the drama. Amazon, Apple Music, and SiriusXM have all offered special deals to new listeners — like Amazon's free four-month subscription trial.
  • Apple Music has also proclaimed itself "the home of Neil Young," and added a "We Love Neil" section to its homepage. SiriusXM announced that it'd air its "Neil Young Radio" program over the next week. 
  • By Friday, Spotify had lost billions in market value, with shares down by 12%. 

The Verge has the rundown on Spotify's response.


In other news:

dozens of new emoji coming to iOS 15.4

2. New emojis are coming to iPhones. Dozens of emojis are being released with Apple's iOS 15.4 update, including a disco ball, heart hands, and a smiley face holding back tears (relatable). See all 37 emojis here.

3. Some Amazon divisions have lost at least 35% of their staff in the past year. According to former employees, one major reason for the attrition is that Amazon doesn't reward loyalty: it's difficult for employees to get promotions and raises, and outside hires are often paid more than longtime workers in the same role. What insiders are saying about Amazon's attrition.

4. T-Mobile will fire unvaccinated corporate employees. According to an internal memo obtained by Bloomberg, the company is prepared to fire unvaccinated workers by April. What we know so far.

5. Activision's version of why it sold to Microsoft doesn't quite add up. According to the WSJ reporter who investigated Activision employees' complaints, CEO Bobby Kotick has one explanation for the sale: that Activision needs better engineering resources — but another version is that Activision's board pushed Kotick to sell. Read up on the diverging explanations.

6. SpaceX plans to launch a record 52 rockets in 2022. It's already had three Falcon 9 launches so far this year, and is planning to send the fourth one into orbit on Friday — putting it on track to launch one rocket every week, on average. More on that here.

7. Analysts outline the biggest challenges facing AWS, Microsoft, and Google this year. Going into 2022, doubts are lingering over the companies' ability to maintain the cloud growth they saw during the pandemic — and experts are worried talent wars, cloud outages, and new regulations could hamper their businesses. Here's what they told us.

8. A writer shares what it's like to drive an EV in freezing temps. On a trip to upstate New York, Insider's transportation reporter test drove the all-electric Polestar 2, and found that EVs can still be practical in winter — if you know their limits.

9. Boeing invested another $450 million into developing pilotless aircraft. The company's investment in aviation startup Wisk reflects a growing appetite for the development of self-flying taxis. What you need to know.

10. A robot bartender will be on duty at the Winter Olympics. The robo-bartender, which can mix and serve cocktails in around 90 seconds, will be put to work as part of organizers' efforts to minimize the spread of COVID-19. Check out the mechanical barkeep here. 


What we're watching today:


Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb.) Edited by Michael Cogley in London.

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Thursday 27 January 2022

10 things in tech you need to know today

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10 THINGS IN TECH YOU NEED TO KNOW TODAY

Howdy; we've got lots on the agenda today. Amazon once considered selling gas, and a chunk of a SpaceX rocket is on a collision course with the moon.

Let's get started. 


If this was forwarded to you, sign up here. Download Insider's app – click here for iOS and here for Android.


Amazon Go store just walk out technology

1. Amazon considered expanding into another staple of everyday life: gas. As the e-commerce giant plotted the launch of its first Go store in the suburbs, we found it also considered selling gas. Documents viewed by Insider showed it held talks with BP about opening its Amazon Go stores with gas pumps run by the oil company. 

Ultimately, out of fear of associating itself with a giant energy incumbent and contradicting the company's climate pledge, Amazon nixed the partnership. But working with BP was only one of many options it considered for its push into suburbia — other ideas for the Go stores, internally codenamed "Bowser," included:

  • Potentially launching 10,000 Amazon-branded gas stations without BP's help
  • A new "Just Drive Off" curbside pick-up service
  • A Walgreens-style retail pharmacy
  • Offering lottery tickets, ATMs, and PillPack medications

Inside the secretive project "Bowser."


In other news:

Tesla CEO Elon Musk stands in front of the company's Cybertruck.

2. The Tesla Cybertruck will be delayed to "hopefully next year." In an earnings call yesterday — wherein the company posted record earnings — Tesla announced its Cybertruck would once again be delayed, with no hard reveal date. Here's what you need to know.

3. Better employees have to repay hundreds of dollars after an accounting mistake. The embattled company had granted employees extra days off in December — but then paid some double, and is clawing back thousands of dollars from frustrated workers. More on the latest in the company's string of problems.

4. Amazon shuttered its program that paid employees to tweet positively about the company. The program, which paid Amazon "ambassadors" to tweet nice things about their place of work, was terminated at the end of 2021, a new report says. Why the program was suspended.

5. Shopify wants employees to take personality tests and share their results with coworkers. While workplace personality tests can smooth interpersonal dynamics and build camaraderie, they can also have some unintended consequences — like harming diversity and employee trust. Experts weigh in on the divisive practice.

6. Activision Blizzard has declined to voluntarily recognize a new union. The union, called the Game Workers Alliance, was organized by workers at Raven Software, one of the company's subsidiaries. Now, the union intends to file a formal petition with the NLRB. Here's what that means.

7. Amazon tells employees to lead customers away from Microsoft's or Google's clouds. After a massive AWS outage, internal messages reveal how the company instructs employees to communicate about it — including telling customers the outage was "not indicative of any systemic issue," and to avoid using Microsoft or Google as a hedge. Everything we learned from the internal documents. 

8. China is cracking down on celeb gossip. The country's internet regulator announced it will be monitoring five types of online content in the coming weeks, including celebrity gossip, excessive displays of wealth, soft pornography, and more. We explain why.

9. Peloton has had a disastrous month — but that doesn't mean the future of at-home fitness is dead. We spoke with Wall Street analysts, who are still bullish on at-home fitness and digital health and don't think Peloton's struggles spell the end of the industry. See what analysts are saying.

10. Houston, we have space junk: A chunk of a SpaceX rocket is on a collision course with the moon. The piece of rocket has been drifting around space for seven years, and astronomers say it's likely to hit the moon in March — but explain that there's no need for panic.


What we're watching today:

  • Earnings are expected from Apple, Samsung, and more. Keep up with earnings here.
  • We're hosting a live webinar on what to expect from the creator economy in 2022. Register here.
  • Today is the NASA Day of Remembrance.
  • A SpaceX Falcon 9 rocket is being launched today. It's carrying a COSMO-SkyMed satellite for the Italian government.

Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb.) Edited by Michael Cogley in London.

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Monday 24 January 2022

10 things in tech you need to know today

Today's top news and analysis.
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10 THINGS IN TECH YOU NEED TO KNOW TODAY

Welcome back, readers. Peloton is set to face calls from an activist investor to sack its CEO, while Elon Musk is due to give some updates on the much-delayed Cybertruck.

Let's get started.


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Peloton CEO John Foley next to a sinking peloton bike against red background with down arrows and the plummeting PTON stock graph

1. Peloton will be urged to fire its chief executive John Foley after the company revealed it had temporarily halted production. The Wall Street Journal reported that activist investor Blackwells Capital is readying a push to encourage the company's board to sack Foley and seek out a sale for the business.

  • Peloton offers high-end exercise bikes and treadmills with virtual classes. It's thought to have boomed in the pandemic, which shuttered gyms across the world.
  • But for some time it was struggling to keep up with demand. Now, the company has an oversupply of stock with not enough people to buy them.
  • Shares in the company sank on Thursday after it announced it was temporarily halting production due to the drop-off in demand, which has coincided with the re-opening of global economies.

Read more on Blackwells' intentions to push Foley out and have the business sold.


In other news:

Elon Musk

2. Tesla may start selling audio products like headphones and megaphones. A new trademark filing by the electric vehicle-maker suggests the company could open an entirely new product line. Here's more on a potentially bizarre new direction for Tesla.

3. How hustle culture got America addicted to work. For 100 years the workweek was getting shorter before that trend came to an end in 1980. We broke down why Americans are working longer hours than their European counterparts.

4. Intel is planning to create the "largest silicon manufacturing location on the planet" in the US. Patrick Gelsinger, the tech giant's CEO, plans to move the firm's semiconductor supply chain to Ohio by 2025. Here's why Intel is spending $20 billion to upend its manufacturing setup.

5. Shopify is cutting contracts with warehouses across the US, marking a shift in its push to challenge Amazon's massive fulfillment machine. Once the changes are brought in, Shopify's network is set to have around half of its previous capacity

6. American Airlines is suing The Points Guy over the TPG app's frequent flyer mile management tool. The airline claims the app violates trademark and private rules. Read more about the lawsuit that has escalated the dispute between the companies.

7. Airbnb CEO Brian Chesky believes a future of flexible work and travel will give the company a boost. Chesky told CNBC that he expects remote work to create a category of working travelers. His comments came after he announced he would start "living on Airbnb", moving to a different town or city every few weeks. Here's more on how Chesky plans to make the best of the post-pandemic working world.

8. Former SpaceX engineers are building self-driving electric freight train cars. CNBC reported an LA-based startup called Parallel Systems that was created by three former engineers at Elon Musk's space exploration firm just raised $50 million in a Series A funding round. Here's more on the startup.

9. Google's search and advertising arm remains one of its most vital sectors. We mapped out 141 of its most important people in our exclusive org chart.

10. Elon Musk is set to deliver an updated product roadmap this week. The Tesla CEO will likely discuss long-delayed vehicles like the Cybertruck pick and Roadster supercar. Here's what to expect from Wednesday's earnings call.


What we're watching today

  • NASA's $10 billion James Webb Space Telescope is due to arrive in its final observing station. More on it here.
  • IBM earnings expected today. This kicks off a big week of tech earnings — as Apple, Microsoft, Samsung, and Tesla earnings are expected later this week.

Curated by Michael Cogley in London. Tips or feedback? Email mcogley@insider.com or tweet @michaelcogley

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Friday 21 January 2022

10 things in tech you need to know today

Today's top news and analysis.
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10 THINGS IN TECH YOU NEED TO KNOW TODAY

You've made it to the end of another week! Social media giants are pouncing on the NFT craze, and our writer describes what it's like to go to a rave in the metaverse.

Let's get to it.


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Golden Bored Ape

1. Social media companies are jumping on the NFT craze. Twitter, Facebook, and Instagram all have made — or are planning to make — moves into the $40 billion market for non-fungible tokens. Here's the latest:

  • Twitter is the first of the platforms to make an official plan. Yesterday it announced that users who opt-in to Twitter Blue, its $2.99-per-month subscription, will be able to make their profile pictures an NFT. Twitter has instructions on how to do it.
  • While a non-fungible profile pic will look much like a regular profile pic, you'll be able to tell if someone has an NFT profile photo if it has a hexagon shape around it. Normal profile pictures are plain-old circles. 
  • This means, should you feel so inclined, you can make your profile picture a multi-million-dollar Bored Ape Yacht Club NFT. Or maybe you'd prefer something a little less pricey, like an NFT of an Olive Garden
  • According to the Financial Times, Meta is working on its own plan to let users create and sell NFTs on Facebook and Instagram. Other features, though not yet released, include an NFT marketplace and NFT profile pictures. 

What we know about Meta's NFT plans.


In other news:

A man riding a Peloton bike in his living room.

2. Peloton has reportedly paused production of its bikes and treadmills. Documents obtained by CNBC describe a "significant reduction" in global demand, causing the company to hit the brakes on production of its flagship products. Here's what else the documents said.

3. Compensation changes are frustrating Cisco salespeople — and pushing some to quit. Insiders say their goals rose even as Cisco's growth slowed, making it harder to earn commissions and driving some salespeople to leave the company. Here's what employees told us.

4. The IRS is set to start using facial recognition. Starting this summer, anyone who uses the IRS' online portal will have to create an ID.me account, which requires selfies to make and view payments and access tax records. More on selfies for the IRS.

5. VC partners collect record bonuses while many junior-level associates are left out. After a blockbuster year for venture capital in 2021, compensation is at an all-time high — but most VCs in junior roles will have to wait years before they see a cut of profits. What's going on with associate bonuses.

6. Crypto.com confirmed that 400 customer accounts have been hacked. On Monday, the cryptocurrency exchange suspended withdrawals after receiving reports of "suspicious activities" in user accounts, and has since reimbursed affected users, the company said. Here's what you should know.

7. A former Amazon employee shares his experience with its notoriously opaque performance evaluations. Patrick McGah, once a research scientist at Amazon, said the company's performance evaluations were humiliating and predatory — and ultimately drove him to quit. He describes navigating the worst weeks of his career.

8. Amazon is opening a brick-and-mortar clothing store later this year. Called "Amazon Style," the high-tech store will require customers to use the Amazon app to find the sizes and colors they want, then scan a QR code to have the items added to a fitting room. Get the details on Amazon Style.

9. Our writer went to a rave in the metaverse. Within the browser-based "Decentraland," which is described as a "virtual social world," our writer attended a party — but says it just felt like he was playing a game without anything to do. Here's what it's like to rave in the metaverse.

10. Winnebago designed an electric camper built on a Ford Transit van. The tiny home on wheels has a bathroom, kitchen, and bed, and sports a modest 125-mile range. See inside the e-RV.


The latest people moves in tech:


Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb.) Edited by Michael Cogley in London.

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