Friday 30 December 2022

Tech: TikTok’s uncertain future

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10 THINGS IN TECH

Happy Friday, folks! I'm Jordan Parker Erb. Before we begin, I have some ~professional news~ to share. 

There won't be a newsletter on Monday (we'll be off figuring out what 2023 is) and then Tuesday's edition ... will be my last! I'll be moving into a different role at Insider, and Diamond Naga Siu, a senior reporter on our tech analysis team, will be taking over the newsletter.

I'll be back in your inboxes on Tuesday to say goodbye — so hold onto your tissues until then.

For now, we've got a lot to cover, including more of the year's top stories. From burnout among open-source developers to the downfall of Andreessen Horowitz's buzzy tech publication, Future, it's a packed edition. 

Let's get to it.


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tiktok logo behind silhouette of woman using smartphone

1. Could TikTok vanish from the US? Amid security and privacy concerns, there's a renewed push for TikTok to sell its US operations, and government bans on the app are raising questions about a full ban for consumers in the United States. We broke down how TikTok could avoid a ban.

2. These are Microsoft's most significant departures and hires of 2022. The company's most significant departures include executives who resigned following Insider's reports on misconduct allegations. Microsoft also made some notable hires, like ex-Amazon Web Services executive Teresa Carlson. See who joined and left Microsoft this year.

3. An Insider reporter asked ChatGPT to write her cover letters. The writer gave the bot some real job descriptions, then sent the cover letters to hiring managers — both of whom said they'd have given her an interview, but that the letters lacked personality. See what hiring managers said about the AI cover letters.

4. An anonymous worker describes cheating on an exam to boost their career in the tech industry. The worker told Insider that they used "exam dumps" to pass technical certifications, and that the answers were easy to find online with a quick Google search. But even though it gave them an advantage, they now see it as harmful — they explain why.

5. Here's how European VCs are advising their founders ahead of a looming recession. We asked investors from firms like Lightspeed, Balderton, and Kiko Ventures what they're advising their portfolios. From focusing on the long-term vision to watching their runway, here's the advice they shared.


More top reads from 2022:

illustration of hands holding up a wobbly stack of tech logos: amazon, google, facebook, and microsoft against a black background with open source code

6. Open-source developers are burning out — and it's putting the entire internet at risk. The internet and many of the world's largest companies rely on open-source software, which is built by developers who make little to no money. This year, developers told us that they're fed up, and some are quitting and even sabotaging their own projects. Why that's bad news for the rest of the internet.

7. Intuit gave most Mailchimp employees a 10% raise this year. But morale remains low. Despite the 10% raise, doled out in April, Mailchimp employees told Insider that people nonetheless felt belittled and were quitting in droves. Inside the attrition at Mailchimp.

8. Following Russia's invasion, Ukrainian software developers used code to inspire, launch attacks, and defend their country. Insider talked to Ukrainian developers about how they were mounting a defense both online and off, from attacking Russian websites and creating bots to combat disinformation to picking up artillery. How eight developers fought back. 

9. Eighteen years after news-aggregator website Digg, Kevin Rose is staking his redemption on a new kind of media company. Rose, an early internet entrepreneur, founded a members-only club, called Proof, for people who buy and sell one-of-a-kind art on the blockchain — a move that put him back on top as a pioneer of the new-new internet. Inside Rose's meteoric resurgence.

10. Earlier this year, Andreessen Horowitz's buzzy tech publication Future shut down. The publication from prestigious venture capital firm a16z was supposed to be the next big thing in media. But a year and a half later, the publication is dead in the water. A look at what happened.


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

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Thursday 29 December 2022

Tech: Europe’s tech hangover

The biggest tech news and scoops.
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10 THINGS IN TECH

Good morning, readers. Jordan Parker Erb here.

2022 was an eventful year for the tech sector. Interest rates rose, companies began cutting costs, and massive layoffs swept the industry — and Insider was there throughout it all.

Today, after a rundown of the latest news, we'll continue to reflect on our top articles from the past year. Our Big Tech team was constantly chasing the biggest stories, from alleged executive misconduct at Microsoft to injuries in Amazon warehouses

Ready? Let's dive in.


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Investors and founders alike were found nursing hangovers in 2022 after a record breaking 2021

1. Europe's tech ecosystem nursed a hangover in 2022 as the post-pandemic party ended. After a record-breaking 2021, European startups raised $16 billion in the third quarter — a 44% annual drop. Now, with interest rates spiking, inflation at multi-decade highs, and fears of a recession impacting growth forecasts, tech investors appear content to take their time again before making a few select deals. More on that here.

2. The internet-famous Shiba Inu who inspired "doge" memes and Dogecoin has cancer. The dog, named Kabosu, became internet famous when a picture of her posing with folded paws and a quizzical expression went viral in 2010. She later became the mascot for Dogecoin, a cryptocurrency that was a tongue-in-cheek response to Bitcoin. Get the latest on Kabosu.

3. A founder explains how she got into Y Combinator — and left with a $4.5 million investment. Kathryn Cross is the founder of Anja Health, a cord blood bank that freezes stem cells for future disease treatment purposes. The solo founder joined YC in January 2022, and has since raised millions from investors like Alexis Ohanian. Here's how she did it.

4. Meet the eight most important execs who left Google in 2022 — and eight who joined. Despite a hiring slowdown halfway through the year, the revolving door at Alphabet HQ continued, with some notable hires and exits from the search giant. These are the biggest joiners and leavers.

5. An iPhone notified emergency services when a couple's car plunged 300 feet down a canyon. Apple's new crash-detection feature, available on the iPhone 14 and some Apple Watch models, sent an emergency message to the authorities after the wreck — and it worked even without cell service. Here's what happened.


More top stories of 2022:

Illustration of an Amazon worker pulling a palette of boxes and hurting his back.

6. We investigated injuries in Amazon warehouses. The risk of debilitating muscle and joint injuries at Amazon warehouses is off the charts, workplace regulators have said. And because these injuries build up over time, Amazon workers may not know they're at risk for months or years — but they can be left with a lifetime of pain. Take a look at our investigation.

7. Microsoft employees told us that "golden boy" execs run wild at the company. Eight years ago, CEO Satya Nadella promised to end Microsoft's tolerance for "talented jerks." But dozens of current and former employees said that executive misconduct remains rampant. Read the full story here.

8. As the tech sector faced a historic downturn, Amazon began the largest corporate layoffs in its history. The cuts, which are expected to stretch into 2023, affected thousands of workers. Read a recap of the turmoil.

9. Amazon sellers are stealing people's identities. We found that random people are being bombarded with return packages from angry Amazon customers after rogue sellers stole their identities. Insider spoke to six victims whose identities were used by fraudsters selling everything from bargain-bin clothing to counterfeit goods — here's what they told us.

10. Amazon workers shared why they planned to vote against unionizing. This spring, we watched as one of the most consequential union votes in the United States unfolded. Before the election, we spoke with workers at the warehouse in Bessemer, Alabama — many of whom told us they planned to vote against the union. Here's what happened before the vote.


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

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It's a NYE Party 🎆

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NYE AT ARCADE
If 2022 has taught us anything, it's not to make plans too far in advance. But with all the strikes announced, it's safe to 'firm up NYE plans.

Whether you're feeling a chill night out with a few drinks to watch the fireworks on any of our six huge screens, or sending off 2022 in a big way, we've got options for every NYE style. Check the line up below.

18:30 and 20:30 Omakase experience at Sushi Kamon. Book your table here
11:30-23:00 Street food served from our nine global street kitchens
17:00-23:00 Bottomless booze*
21:00-02:00 Live DJs and confetti cannons at midnight
*A heads up that bottomless booze includes beer, wine, or soft drinks and is priced at £25pp, with an extra +£5 for bottomless prosecco. Bottomless booze must be ordered alongside a main for each guest at the table. It lasts for 90 minutes from the point of ordering.
SOUTHERN THAI FEASTING
Celebrating the first of three NYEs in the Thai calendar, Plaza Khao Gaeng is putting on a spread to transport you straight to Southern Thailand with a three-course feast. 

Featuring a whole seabass chuu chee (ฉู่ฉี่ปลาปักษ์ใต้), presented in a traditional Thai fish chafing dish with cashew nuts and makrut lime, as well as quail roasted in a firework display of red, green, and long peppers. 

It wouldn't be a feast without dessert, and Plaza Khao Gaeng is serving up a classic coconut pudding with lychee to round off this authentic Thai experience. 
Vegetarian options will be available on the evening but given the nature of our offering, we are unable to cater to guests with allergens on this occasion.
FOIE GRAS OF THE SEA
For one month only, Sushi Kamon have created a new special for their 14 course Omakase experience using Japanese sea urchin roe, or uni.

Harvested by hand, inside these spiny sea creatures lies five 'tongues' of brightly coloured uni. This unexpected delight brings a hit of umami to the Omakase experience and is prepared by resident sushi master Michael Nonato for an intimate dining occasion. 

The uni special is available until 31 December as part of the £75 menu, and is available on New Year's Eve.
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