Month: October 2023

  • LinkedIn lays off 668 workers

    LinkedIn announced it’s laying off 668 workers, roughly 4% of its workforce, across multiple departments including engineering, product, talent, and finance. This comes after a substantial growth period during the pandemic, when approximately 40% of LinkedIn’s nearly 20,000 employees were hired. The downsizing signals a new chapter for the tech industry, which seems to be…

  • FTC Cracks Down on Hidden Junk Fees

    The Federal Trade Commission (FTC) is taking a bold step to protect consumers from unexpected “junk fees” by proposing a new rule that mandates upfront disclosure. This move comes after the Biden administration exerted pressure on companies like Ticketmaster and Airbnb to be more transparent about their extra charges. Both companies have committed to making…

  • Microsoft Acquires Activision Blizzard

    Microsoft’s acquisition of Activision Blizzard is one of the most monumental deals in gaming history. With a portfolio now encompassing Call of Duty, Fallout, Overwatch, and Candy Crush, Microsoft solidifies its position as a gaming powerhouse, trailing only Tencent and Sony in terms of revenue. The acquisition is more than just buying game titles; it’s…

  • Changes at Lyft Board

    Changes at Lyft Board

    Lyft announced significant changes to its board of directors last Friday. Mary Agnes Wilderotter and Valerie Jarrett resigned due to “other professional responsibilities.” The company was quick to clarify that the resignations were not due to any disagreements regarding Lyft’s operations or policies. In their place, the board appointed Prashant Aggarwal as chair of the…

  • Trying DALL-E 3

    picture of san francisco with a cat terrorizing the city Here’s another one: Open AI is really impressive!

  • Lyft Fined $10 Million Over Icahn-Soros Deal

    Lyft Fined $10 Million Over Icahn-Soros Deal

    Lyft Inc. has settled a $10 million fine with the SEC for not disclosing a board director’s role in a share sale involving billionaires Carl Icahn and George Soros, just before the company’s 2019 IPO. The director, identified as Jonathan Christodoro, helped Icahn sell a 2.6% stake in Lyft to Soros at a discounted rate.…

  • Tesla Slashes Model 3 and Model Y Prices

    Tesla Slashes Model 3 and Model Y Prices After Underwhelming Q3 Deliveries. Tesla recently reported third-quarter deliveries totaling 435,059 vehicles, missing analysts’ expectations and showing a decline from the previous quarter. As a response to this underperformance, the electric automaker is making its vehicles more accessible price-wise. The electric vehicle market is becoming increasingly competitive,…

  • 23andMe Data Scraping Incident Raises Concerns Over Genetic Privacy

    The recent data scraping incident at 23andMe has reignited concerns over the privacy of genetic data stored online. While 23andMe assures that the claims are “unsubstantiated,” the fact remains that user data is up for sale. Despite recommendations for strong passwords and two-factor authentication, it’s clear that these security measures are not foolproof. This follows…

  • Mysa In-Floor Thermostat: A Comprehensive Review

    I just installed two of these Mysa In-Floor Thermostat in my bathrooms during my remodel. Pros: Cons: Overall, the Mysa In-Floor Thermostat offers a sleek, easy-to-install solution for those looking to upgrade their smart home heating systems. However, a few design quirks and setup challenges prevent it from achieving a perfect score. I’d rate it…

  • Tesla’s Q3 Vehicle Numbers Fell Short

    Tesla has long been the industry leader when it comes to electric vehicles (EVs), constantly setting the bar high for competitors. Their Q3 2023 vehicle production and delivery report offers valuable insights into the company’s performance and strategic moves. Here, we’ll break down the numbers and what they imply for Tesla and the broader EV…

  • Microsoft CEO Highlights the Challenges of Competing in the Search Engine Market

    In a federal court this week, Microsoft CEO Satya Nadella took the stand in the ongoing antitrust trial against Google, painting a bleak picture for any company aspiring to compete in the search engine market. Nadella described the internet as “really the Google web,” emphasizing how Google’s pervasive market share forces publishers and advertisers to…

  • Cruise Accident in San Francisco

    As someone deeply involved in tech, this recent event gave me serious pause. Imagine this—a pedestrian is hit by not one, but two cars at the intersection of Market and Fifth streets. The kicker? One of them was a driverless car from Cruise. The incident took place on a regular Monday night, just as the…