Peloton stock jumps 24% after reports say Amazon and Nike are both exploring a takeover of the battered pandemic darling
https://markets.businessinsider.com/news/stocks/peloton-stock-price-amazon-nike-apple-takeover-bids-potential-deal-2022-2
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https://markets.businessinsider.com/news/stocks/peloton-stock-price-amazon-nike-apple-takeover-bids-potential-deal-2022-2
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Business Insider
Peloton stock jumps 25% after reports say Amazon and Nike are both exploring a takeover of the battered pandemic darling
Wedbush analyst Dan Ives said it would be shocking if Apple isn't "aggressively involved" in a possible bidding war for Peloton.
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Apple used NDAs against workers and 'straight out lied' about it, claims report
https://9to5mac.com/2022/02/07/apple-used-ndas-and-lied/
@EverythingTechnology via Reddit
https://9to5mac.com/2022/02/07/apple-used-ndas-and-lied/
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9to5Mac
Apple used NDAs against workers and ‘straight out lied’ about it, claims report
A report claims that Apple used NDAs against workers, and then lied about it to both investors and the Securities & Exchange Commission ...
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Amazon more than doubles max base pay to $350k for corporate and tech workers, citing labor market
https://www.geekwire.com/2022/amazon-more-than-doubles-max-base-pay-to-350k-for-corporate-and-tech-workers-citing-labor-market/
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https://www.geekwire.com/2022/amazon-more-than-doubles-max-base-pay-to-350k-for-corporate-and-tech-workers-citing-labor-market/
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GeekWire
Amazon more than doubles max base pay to $350k for corporate and tech workers, citing labor market
An Amazon lobby in Bellevue, Wash. (GeekWire File Photo / Nat Levy) Amazon will boost its maximum base pay to $350,000 for corporate and tech employees,
Meta Stock Continues Falling More Than 27% as Facebook Shrinks
https://www.thewrap.com/meta-stock-continues-falling-more-than-27-as-facebook-shrinks/
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https://www.thewrap.com/meta-stock-continues-falling-more-than-27-as-facebook-shrinks/
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TheWrap
Facebook Parent Meta's Stock Continues Freefall, With Another 5% Drop on Monday
Its market valuation is now less than one-fourth of Apple's
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IRS to abandon facial recognition plan after firestorm of criticism
https://www.washingtonpost.com/technology/2022/02/07/irs-isme-face-scans/
@EverythingTechnology via Reddit
https://www.washingtonpost.com/technology/2022/02/07/irs-isme-face-scans/
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reddit
IRS to abandon facial recognition plan after firestorm of criticism
Posted in r/technology by u/a_Ninja_b0y • 2,192 points and 115 comments
Amazon raises base pay cap for corporate and tech workers to $350,000
https://www.axios.com/amazon-maximum-base-pay-3483d49f-35e6-4812-bb8e-52017d88d42d.html
@EverythingTechnology via Reddit
https://www.axios.com/amazon-maximum-base-pay-3483d49f-35e6-4812-bb8e-52017d88d42d.html
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Axios
Amazon raises base pay cap for corporate and tech workers to $350,000
The move is intended to help ensure the company retains employees and recruits top talent.
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Google co-founder Larry Page sold more than $80 million worth of stock
https://www.marketwatch.com/story/google-co-founder-larry-page-sold-more-than-80-million-worth-of-stock-11644236122
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https://www.marketwatch.com/story/google-co-founder-larry-page-sold-more-than-80-million-worth-of-stock-11644236122
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MarketWatch
Google co-founder Larry Page sold more than $80 million worth of stock
The sale came a couple of days after the stock soared on the back of a blowout earnings report and stock-split announcement.
Meta threatens to pull Instagram and Facebook in Europe over privacy laws, regulators say ‘please do’
https://9to5mac.com/2022/02/07/meta-pull-facebook-instagram-from-europe/
@EverythingTechnology via Reddit
https://9to5mac.com/2022/02/07/meta-pull-facebook-instagram-from-europe/
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9to5Mac
Meta threatens to pull Instagram and Facebook in Europe over privacy laws, regulators say ‘please do’
In a new regulatory filling this month, Facebook parent company Meta renewed its threats to pull both Facebook and Instagram in the European Union over privacy laws. Regulators in the EU, however, have quickly called Meta’s bluff, and even went as far east…
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Apple Fined Another 5 Million Euros by Dutch Competition Regulator Over Dating App Payment Requirements
https://www.macrumors.com/2022/02/07/dutch-acm-fines-apple-5-million-euros-third-time/
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https://www.macrumors.com/2022/02/07/dutch-acm-fines-apple-5-million-euros-third-time/
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MacRumors
Apple Fined Another 5 Million Euros by Dutch Competition Regulator Over Dating App Payment Requirements
The Netherlands' Authority for Consumers and Markets (ACM) has fined Apple five million euros for a third consecutive week for allegedly failing...
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Meta establishes four-foot “personal boundary” to deter VR groping
https://arstechnica.com/gaming/2022/02/meta-establishes-four-foot-personal-boundary-to-deter-vr-groping/
@EverythingTechnology via Reddit
https://arstechnica.com/gaming/2022/02/meta-establishes-four-foot-personal-boundary-to-deter-vr-groping/
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Ars Technica
Meta establishes 4-foot “personal boundary” to deter VR groping [Updated]
Invisible cylinder will keep Horizon avatars apart by default.
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Taiwanese supplier to chip producers announces expansion
https://apnews.com/article/technology-business-united-states-germany-taiwan-f2d42050e85365e496c038c2e814954f
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https://apnews.com/article/technology-business-united-states-germany-taiwan-f2d42050e85365e496c038c2e814954f
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AP NEWS
Taiwanese supplier to chip producers announces expansion
TAIPEI, Taiwan (AP) — GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, says it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany’s Siltronic AG failed.
Porn sites will be legally required to verify users' age
https://www.bbc.com/news/technology-60293057
@EverythingTechnology via Reddit
https://www.bbc.com/news/technology-60293057
@EverythingTechnology via Reddit
BBC News
Porn sites will be legally required to verify users' age
Users may be asked to prove they own a credit card or confirm their age, under new UK rules.
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$66 billion deal for Nvidia to purchase Arm collapses.
https://arstechnica.com/gadgets/2022/02/nvidia-abandons-66-billion-arm-purchase/
@EverythingTechnology via Reddit
https://arstechnica.com/gadgets/2022/02/nvidia-abandons-66-billion-arm-purchase/
@EverythingTechnology via Reddit
Ars Technica
$66 billion deal for Nvidia to purchase Arm collapses
Arm owner SoftBank will instead spin the business off via an IPO.
Tesla cut a steering component from some cars to deal with chip shortage, sources say
https://www.cnbc.com/2022/02/07/tesla-cut-a-steering-component-to-deal-with-chip-shortage.html
@EverythingTechnology via Reddit
https://www.cnbc.com/2022/02/07/tesla-cut-a-steering-component-to-deal-with-chip-shortage.html
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CNBC
Tesla cut a steering component from some cars to deal with chip shortage, sources say
Tesla omitted one of two electronic control units in the cars' electrical power assisted steering systems. Tens of thousands of cars are affected, sources say.
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SoftBank plans to take Arm public after Nvidia’s $66 billion takeover deal collapses
https://www.cnbc.com/2022/02/08/softbank-plans-to-take-arm-public-after-nvidia-takeover-deal-collapses.html
@EverythingTechnology via Reddit
https://www.cnbc.com/2022/02/08/softbank-plans-to-take-arm-public-after-nvidia-takeover-deal-collapses.html
@EverythingTechnology via Reddit
CNBC
SoftBank plans to take Arm public after Nvidia's $66 billion takeover deal collapses
The deal was originally announced in 2020 and had a value at the time of $40 billion in Nvidia stock and cash, before Nvidia's stock rose.
IRS stops requiring selfies after facial recognition system is widely panned
https://arstechnica.com/tech-policy/2022/02/irs-stops-requiring-selfies-after-facial-recognition-system-is-widely-panned/
@EverythingTechnology via Reddit
https://arstechnica.com/tech-policy/2022/02/irs-stops-requiring-selfies-after-facial-recognition-system-is-widely-panned/
@EverythingTechnology via Reddit
Ars Technica
IRS stops requiring selfies after facial recognition system is widely panned
IRS "will transition away from" ID.me selfie system after bipartisan backlash.
Meta says it may shut down Facebook and Instagram in Europe
https://www.cnbc.com/2022/02/07/meta-threatens-to-shut-down-facebook-and-instagram-in-europe.html?
@EverythingTechnology via Reddit
https://www.cnbc.com/2022/02/07/meta-threatens-to-shut-down-facebook-and-instagram-in-europe.html?
@EverythingTechnology via Reddit
CNBC
Meta says it may shut down Facebook and Instagram in Europe over data-sharing dispute
Meta has said it is considering shutting down Facebook and Instagram in Europe if it can't keep transferring user data back to the U.S.
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Peloton CEO John Foley is stepping down and the company plans to cut around 2,800 jobs, report says
https://www.businessinsider.com/peloton-ceo-john-foley-is-stepping-down-wsj-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/peloton-ceo-john-foley-is-stepping-down-wsj-2022-2
@EverythingTechnology via Reddit
Business Insider
Peloton CEO John Foley is stepping down and the company plans to cut about 2,800 jobs
Former Spotify CFO Barry McCarthy is set to replace Foley, the firm announced Tuesday. Foley, CEO since 2012, is expected to become executive chair.
We’re Fine Without Facebook, German and French Ministers Say
https://www.bloomberg.com/news/articles/2022-02-07/we-re-fine-without-facebook-german-and-french-ministers-say
@EverythingTechnology via Reddit
https://www.bloomberg.com/news/articles/2022-02-07/we-re-fine-without-facebook-german-and-french-ministers-say
@EverythingTechnology via Reddit
Bloomberg.com
We’re Fine Without Facebook, German and French Ministers Say
Meta Platforms Inc.’s veiled threat to quit Europe because of blocked talks over privacy rules was more like music to the ears of two top German and French politicians.
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Meta warns it could pull Instagram and Facebook in Europe if it loses a data-sharing ruling
https://www.businessinsider.com/meta-could-pull-instagram-facebook-europe-data-sharing-ruling-2022-2
@EverythingTechnology via Reddit
https://www.businessinsider.com/meta-could-pull-instagram-facebook-europe-data-sharing-ruling-2022-2
@EverythingTechnology via Reddit
Business Insider
Meta warns it could pull Instagram and Facebook in Europe if it loses a data-sharing ruling
"Meta cannot just blackmail the EU into giving up its data protection standards," a European lawmaker said Tuesday.
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After scanning billions of stars, astronomers find no signs of alien technology
https://www.cnet.com/news/astronomers-searching-for-alien-tech-among-billions-of-stars-come-up-empty/
@EverythingTechnology via Reddit
https://www.cnet.com/news/astronomers-searching-for-alien-tech-among-billions-of-stars-come-up-empty/
@EverythingTechnology via Reddit
CNET
Astronomers search for alien tech among billions of stars but come up empty
It's all quiet in the galactic center.
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