Skip to main content

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. * Amazon sent an email to employees telling them to delete TikTok from their phones because of "security risks," then said the email was sent in error. TikTok's data-collection practices have come under scrutiny from US lawmakers.  * Facebook is reportedly considering a "blackout" on political ads in the days running up to the US presidential election. Facebook hasn't officially decided whether it will introduce the ban and it's not yet clear how long it might last, per Bloomberg. * President Trump told the Washington Post he authorized a cyberattack on a notorious Russian troll farm to try to deter it from interfering with the 2018 mid-terms. This is the first time Trump or the White House has confirmed the operation took place. * Three more executives are leaving French gaming company Ubisoft over allegations of sexual harassment, The Guardian reports. This brings the total of departed executives up to five after employees started detailing allegations of sexual misconduct on social media. * Microsoft founder Bill Gates said COVID-19 drugs and vaccines should not go "to the highest bidder" at a virtual conference, Reuters reports. "One of the best lessons in the fight against HIV/AIDS is the importance of building this large, fair global distribution system to get the drugs out to everyone," Gates said at the conference, which was hosted by the International AIDS Society. * Uber CEO Dara Khosrowshahi says ride-hailing will make up only 50% of the company's business moving forward. The coronavirus pandemic has decimated Uber's core ride-hailing business, with trips plummeting as much as 94% earlier this year and the company losing $2.9 billion last quarter. * The new CEO of Intercom, a $1.3 billion startup backed by Mark Zuckerberg and Jack Dorsey, says she'll lead the company to profitability and an IPO in a 'few years.' In June, the former CIO of $1.3 billion customer messaging startup Intercom — Karen Peacock — took the role of CEO, replacing cofounder Eoghan McCabe.  * Tesla slashed the price of its Model Y by $3,000 on Saturday, Electrek reported. The cheapest version of the Model Y has now been reduced to $49,990. * Tesla confirmed its annual meeting and highly anticipated "battery day" will be held in-person on September 22 at its Fremont factory. Both events have previously been delayed because of the coronavirus pandemic that's also forced shutdowns of Tesla's factories in California and China. * A document published by TikTok's parent company ByteDance says its sister app Douyin uses facial recognition to keep foreigners out, The Telegraph reports. The system described in the document scans users' faces and matches them with state ID cards, automatically booting out foreigners. Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings. You can also subscribe to this newsletter here — just tick "10 Things in Tech You Need to Know. Join the conversation about this story » NOW WATCH: How waste is dealt with on the world's largest cruise ship
https://bit.ly/2Oj6Dx9

Popular posts from this blog

Why an early exec quit unicorn food delivery startup Deliveroo to launch a food business in the middle of a pandemic

* A former Deliveroo exec has launched a market food hall startup in the middle of COVID-19. * Dan Warne was managing director of the unicorn startup until 2019, but has now launched Sessions Market as a community food hall concept to rejuvenate UK towns after the pandemic. * Warne says he hopes to bring his experience from Deliveroo, particularly about customer behavior, to the analogue world of food halls. * The first venue, Shelter Hall on Brighton seafront, launches July 4. * Visit Business Insider's homepage for more stories. On Saturday, the UK's bars, restaurants, and cinemas will fling their doors open to customers for the first time since a strict lockdown commenced in late March. Given continued public health concerns around the coronavirus pandemic, it might be unwise to open a new food business right now. But Dan Warne, a former high-level executive at British unicorn startup Deliveroo, has launched Sessions Market, a series of community-orientated food hal...

The $136,000 Maserati Levante GTS is a drool-worthy preview of what Ferrari's SUV could be like (FCAU)

* I tested a 2020 Maserati Levante GTS SUV that with thousands in options stickered at approximately $136,000. * The Maserati Levante GTS has a 550-horsepower, twin-turbocharged V8 engine, plus a gorgeous red interior. * The Levante GTS is beautiful, powerful, and fast. That puts it near the top of the luxury, high-performance SUV segment. * But competition is coming — and the Levante is a great preview of what Ferrari may put on the road in the next few years. * Visit Business Insider's homepage for more stories. Let's say you want a Ferrari, but you hail from a strange region where nobody is taught the lore of Maranello sports cars. An SUV is just your style, you decide. So you swing by your friendly neighborhood prancing horse dealership one day and ask if you can look at a couple of utes.  The dealer would thank you for your interest and slip you the business card of a colleague who represents Maserati, which since 2016 has been selling the Ferrari of SUVS, right dow...

Here's an exclusive look at the pitch deck London fintech Lanistar used to raise $19 million at a $190 million valuation

* London-based fintech startup Lanistar has raised a £15 million ($19 million) funding round from Milaya Capital.  * Founded in 2019, Lanistar is building a personal financial management platform that will launch later in 2020.  * "We're expecting a huge amount of growth upon our launch and have already seen strong interest among our sign ups," Gurhan Kiziloz, founder and CEO of Lanistar, told Business Insider. * Visit Business Insider's homepage for more stories.  The coronavirus lockdown in the UK has brought the importance of managing money into sharp relief. A recent study from Money.com shows that 71% of UK households have saved cash during lockdown, and, with uncertainty about jobs and the economy looming, money management is now front of mind for many. Lanistar, a banking platform with a focus on personal finance, is one company offering tools for consumers to better manage their money. It has just raised a £15 million ($19 million) funding round from Mil...