Facebook runs a massively successful digital advertising operation on the back of its granular categories based on user behavior. Yet, many of the people who actively use its services aren't aware of how the social network shares their data with advertisers. To shed light on the issue, privacy-focused messaging app Signal tried to use Facebook's targeted ad machine against it. However, what may have started as activism-meets-self-promotion has since boiled over into a full-blown spat, with both companies disputing each other's version of events. READ MORE
Lilly hit by staff accusations, FDA scrutiny at COVID drug factories
Eli Lilly & Co (LLY.N) employees have accused a factory executive of altering documents required by government regulators in an effort to downplay serious quality control problems at the U.S. plant producing the drugmaker’s COVID-19 treatment, according to an internal Lilly complaint and a source familiar with the matter. READ MORE
American factories are desperate for workers
Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work.
Even though US manufacturing activity surged to a 37-year high in March, the industry has more than half a million job openings. Factories are struggling to find skilled workers for specialized roles such as welders and machinists. Manufacturers are even having trouble hiring entry-level positions that do not require expertise. READ MORE
SpaceX granted permission by FCC to fly Starlink satellites in lower orbit, despite Amazon, Viasat opposition
SpaceX has been granted permission from the Federal Communications Commission to fly its Starlink satellites in lower orbits, despite opposition from competitors including Amazon's Kuiper Systems and Viasat, who argue that the move would "harm the public interest." READ MORE
A year into remote work, most companies still don’t get this basic concept about office-free workplaces
Remember when early internet developers created online organization systems by literally copying offices, appropriating files, drawers, and manila folders into digital form, images and all? This is essentially how workplaces are handling remote work, according to the comprehensive new Remote Work Report from the good people at GitLab. READ MORE
Microsoft president: This is what technology will be like in 2030
Microsoft had another blowout quarter, a massive acquisition and a noteworthy investment in Georgia, which just passed a controversial bill that restricts voting rights for minorities.
The company also announced a major initiative to help disabled people get jobs. READ MORE
Musk trolls Bezos as space race between world’s richest men heats up
The space race between the world’s two richest men went into hyperdrive on Tuesday after Tesla chief Elon Musk took a swipe at Jeff Bezos’ attempt to challenge a major NASA contract.
The two billionaires, who have been trying to launch long-range orbital rockets, were competing for a coveted contract from the government to build a spaceship to deliver astronauts to the moon as early as 2024.
Musk won. Bezos was not happy. READ MORE
How Mark Zuckerberg and Tim Cook Became Foes
At a confab for tech and media moguls in Sun Valley, Idaho, in July 2019, Timothy D. Cook of Apple and Mark Zuckerberg of Facebook sat down to repair their fraying relationship. READ MORE
A vaccine maker ruined 15 million doses. Its CEO sold $11 million of stock before that was public
Emergent BioSolutions' stock lost more than half of its value since the disclosure that it ruined as many as 15 million doses of Johnson & Johnson's Covid-19 vaccine at its Baltimore plant. But the company's CEO dumped more than $11 million worth of stock ahead of the stock's massive decline. READ MORE
Fake LinkedIn profiles can be used to trick you into sharing secrets
Fake LinkedIn profiles pose a risk to members who could be duped into sharing sensitive secrets on the popular Microsoft-owned professional networking platform, a BBC report says.
The UK’s MI5 security service said that over the past five years at least 10,000 UK nationals have been targeted by fake LinkedIn profiles connected to hostile nation-state actors, according to the BBC. READ MORE
6 things you must do if you’re planning to work remotely permanently
The “next normal” is officially setting in, especially when it comes to remote work. Simform’s 2021 Remote Work Survey found that 82% of surveyed companies plan to allow their employees to work from home indefinitely and 77% want to make this a permanent solution.
Even some of the largest corporations in the world such as Facebook, Spotify, Microsoft, Salesforce, Twitter, and Slack have rolled out plans for a long-term remote workforce beyond just 2021. READ MORE
Intel sees prolonged chip-supply constraints
Intel Corp. ’s new chief executive said a global chip-supply shortage could stretch two more years as the U.S. semiconductor giant posted weaker quarterly earnings.
Pat Gelsinger said the supply constraints that have affected some sectors of the global economy for months will continue until more capacity comes online to meet chip demand for everything from automobiles to electronics. READ MORE
How One Small Startup Is Tackling Apple’s Big AirPods Problem
Even kindergartners know that when you make a mess, you have to clean it up. Alas, in the case of tech companies and the countless millions of wireless earbuds they produce, the mess is a burgeoning eco-disaster (for a deeper dive, see this blog post). Apple’s AirPods, which may last only a few years due to their small batteries, are a notorious example. That’s what makes Podswap, a startup that puts new batteries in otherwise dead AirPods, so enticing. Not only can this company bring your useless, headed-to-the-landfill AirPods back to life, but it is also challenging Apple and other big tech manufacturers to offer more-sustainable product designs and better practices to support them. READ MORE
EU outlines ambitious AI regulations focused on risky uses
Risky uses of artificial intelligence that threaten people’s safety or rights such as live facial scanning should be banned or tightly controlled, European Union officials said Wednesday as they outlined an ambitious package of proposed regulations to rein in the rapidly expanding technology.
The draft regulations from the EU’s executive commission include rules for applications deemed high risk such as AI systems to filter out school, job or loan applicants. They would also ban artificial intelligence outright in a few cases considered too risky, such as government “social scoring” systems that judge people based on their behavior. READ MORE
Wearable electronic skin could monitor your health
Doctors may be just a few years away from tracking your vital signs via electronic skin worn on the body.
Researchers in Japan say they have developed an ultra-thin, lightweight e-skin that is stuck to the chest area using water spray and can be worn for a week at a time. READ MORE
Foxconn's giant factory in Wisconsin sounded too good to be true. Turns out it was
When first announced in 2017, Foxconn's plan to build a massive electronics factory in Wisconsin was hailed by then-President Donald Trump as a sign of the rebirth of American manufacturing.
But nearly four years later, the complex that promised to create a Silicon Valley in the industrial Midwest is essentially a white elephant, a collection of mostly empty buildings without any high-tech products to build. READ MORE
Is the US recovery approaching its peak?
Bolstered by strong data, investors are expressing plenty of faith in the power of the global economic recovery. But what if this spring is as good as it gets?
What's happening: Goldman Sachs (GS) analysts predict that US economic growth will slow after the April-to-June period this year. Meanwhile, Covid-19 infections are rising dramatically in crucial economies like India, forcing local officials to enact new lockdown measures, while recent figures from China indicate that its recovery could be losing steam. READ MORE
Amazon's Whole Foods will now let shoppers pay by scanning the palm of their hand
Amazon Inc. is making it easier for some Whole Foods shoppers to pay for their groceries – all they need to use is the palm of their hand.
The e-commerce giant announced Wednesday that it will begin rolling out its new palm recognition technology, Amazon One, at Whole Foods Market stores in the Seattle area this spring. READ MORE
Goldman Sachs employs just 49 Black people in top US jobs
Goldman Sachs has just 49 Black executives and senior managers in its US workforce, accounting for about 3% of the total.
In a sustainability report published Tuesday, the investment bank revealed data on the racial and gender composition of its US workforce for the first time. The numbers reflect a very low rate of Black employment across almost all roles in the organization. READ MORE
General Motors CEO announces remote work plan for employees
General Motors chairman and CEO Mary Barra announced Tuesday a more flexible work situation for employees at the company.
In a LinkedIn blog post, Barra said that "where the work permits," employees now will have the "flexibility to work where they can have the greatest impact on achieving our goals." READ MORE
