10 Things in Tech: Microsoft exec misconduct
Good morning. Today we have a new report on what Microsoft employees are saying about executive misconduct.
Let's get to it.
- One employee recalled how a high-ranking executive tested out a virtual-reality headset — by playing "VR porn" to a room of staff.
- According to the workers, this behavior is just part of a widespread pattern of executive misconduct, which they say includes verbal abuse and sexual harassment.
- A former executive who raised similar concerns said Nadella's approach was: What's something we can do to make it go away without making hard decisions? But this behavior has lasted years, sources say, with top execs enjoying impunity dating back to the reigns of Bill Gates and Steve Ballmer.
In other news:
2. Apple is raising base pay for retail workers. According to a memo viewed by CNBC and The Wall Street Journal, Apple is increasing base pay for retail employees from $20 to $22 an hour. It comes after Apple's retail employees recently pushed to unionize. Here's what we know.
3. An inside look at the life of Silicon Valley private chefs. Lamborghinis, California mansions, private jets — that doesn't sound so bad, right? Michelin-starred restaurant chefs have revealed what life is like catering to the rich and powerful, and why it isn't always as glamorous as it seems.
4. How to attract investment in a market slump. The current economic downturn has many founders fearing that investors will have a shortage of capital. However, VCs are always on the hunt for promising startups. Two top VCs outlined four key things to secure investments.
5. How media brands make TikTok stars. As well as teens and the latest trends, TikTok is also now home to fully-fledged businesses. Publishers like The Washington Post and Lionsgate are turning to TikTok to reach new audiences. Here's how they are launching their employees into stardom.
6. Elon Musk is funding his $44 billion Twitter buyout with his own wealth. As per the Wall Street Journal, Musk is also seeking other financial backers, including former Twitter CEO Jack Dorsey. Here's the latest.
7. Snap has an adorable new selfie drone. In what has been a tough week for Snap — in which CEO Evan Spiegel's growth warning impacted the entire industry — you likely missed the other, more light-hearted news. Reviewers at WIRED have got their hands on Snap's new self-flying selfie drone.
8. Robots could one day be doing your household chores. Dyson plans to hire 250 engineers and 700 additional robotics workers over the next five years, as part of a push to develop robots capable of completing household chores. Here's everything we know about the company's secret robotic prototypes.
Odds and ends:
9. A Boston-based startup is shaping the future of EVs. Part-plane, part-boat, the electric seaglider is capable of flying at 180 mph and will carry passengers across coastal cities. Hawaiian Airlines has already invested in this futuristic vehicle, here's everything we know about it.
10. Snapchat creators reveal how they make money on the platform. Some users have earned well over $1 million posting videos on the company's Spotlight section, but only because they know how to take advantage of it. These four creators have revealed their tips and tricks for making money on Snapchat.
What we're watching today:
- Alibaba, Costco, and others are reporting earnings. Keep up with earnings here.
- The World Economic Forum concludes in Davos today.
- The WIRED Health Conference is due to get underway.
- Life and times of Rakesh Jhunjhunwala — the man behind the trader
- DOJ officials were alarmed by surveillance footage of the Mar-a-Lago room where classified info was being stored, report says
- Meet Judge Bruce Reinhart the magistrate who approved the FBI search warrant into Trump's Mar-a-Lago home receiving threats from MAGA supporters
- Diabetes drug effective in reducing severity in Covid patients: Study
- India Inc sees steepest decline in deal values: report
- All-India Consumer Price Index for agricultural, rural labourers rose in July
- 50% of companies planning job cuts amid economic downturn: Report
- Edtech startup Sunstone raises $35 mn in funding round led by WestBridge Capital