10 Issues in Tech You Have to Know Right now, Thursday, Oct. 14
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1. DoorDash scrapped a pilot program to ship free rape kits to school college students. The corporate was operating this system delivering at-home rape kits — however prime executives did not find out about it. As soon as they found it, this system was instantly suspended. This is how this system slipped previous execs — and was finally cancelled.
2. William Shatner cried telling Jeff Bezos about his flight to house. After his journey to the sting of house with Blue Origin, Shatner mentioned seeing house’s blackness was like taking a look at demise: “I hope I by no means recuperate from this.”
3. The Elizabeth Holmes trial: The prosecution scores a $275 million level. Former Safeway CEO Steven Burd took the stand Tuesday to elucidate how he fell for Holmes. A US lawyer used his testimony to recommend Holmes had criminally withheld that the product did not work, whereas the protection painted Burd as a lazy automobile purchaser. What else went down within the courthouse this week.
4. Miami’s mayor says town is shifting towards paying public staff in bitcoin. The transfer is a part of Mayor Francis Suarez’s ongoing push to make Miami a significant hub for digital belongings. This is what else Suarez has deliberate for his metropolis.
5. Apple will doubtless have to chop its iPhone 13 manufacturing targets for 2021. The worldwide chip scarcity could push Apple to slash its goal by 10 million iPhones — and that may have an effect on your vacation purchasing. Extra on that right here.
6. Netflix has reinstated three staff. The staff’ suspension got here amid controversy surrounding Dave Chappelle’s comedy particular, although
Netflix
mentioned they weren’t suspended due to their criticisms. Now, trans employees are planning a walkout to protest co-CEO’s selection to not take away the particular. Extra on that right here.
7. Elon Musk’s Bay Space mansion is up on the market once more. After taking it off the market final month, the mansion is again — and it is now 15% cheaper at $32 million. See the home right here.
8. Mark Zuckerberg’s stranglehold on Fb might put the corporate in danger. With 55% of the corporate’s voting shares, Zuckerberg has majority energy over the corporate — and specialists are saying he is “probably the most highly effective one who’s ever walked the face of the earth.” They clarify why that is problematic.
9. In a leaked e-mail, an Amazon exec addressed complaints about “poisonous” tradition. Amazon’s Contemporary grocery staff raised considerations about burnout throughout all-hands conferences this yr, prompting a senior exec to say in an e-mail he is “extraordinarily involved.” You possibly can learn the leaked e-mail right here.
10. Crowdfunding, as soon as a final resort for startups, has been attracting unicorns. New SEC rules are making it safer for each startups and traders, and a few founders are utilizing crowdfunding platforms to lift tens of millions. Get the newest on the latest increase in fairness crowdfunding.
Compiled by Jordan Erb. Ideas/feedback? E-mail jerb@insider.com or tweet @JordanParkerErb.
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