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10 things in tech: Richard Branson is space bound, Instacart's next CEO, Dodge's electric muscle car

Jordan Parker Erb   

10 things in tech: Richard Branson is space bound, Instacart's next CEO, Dodge's electric muscle car

$4Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here>$4.

Let's get started.

1. Billionaire Richard Branson is set to beat Jeff Bezos to space on Sunday. $4, including that Branson will ride a space plane, not a capsule launched by a rocket - and some say he won't even reach space. $4

2. Instacart poached Fidji Simo from Facebook to be its next CEO. In August, Simo will take over the role from Instacart founder Apoorva Mehta, who is transitioning into the position of executive chairman of the board. $4

3. Square is building a hardware crypto wallet. The payments firm wants to make bitcoin more mainstream. $4.

5. Trump's presidency drove a wedge between Facebook's Mark Zuckerberg and Sheryl Sandberg. A new book claims the execs often disagreed over how to tackle Trump's hate speech and misinformation on the platform. $4

5. Dodge is making an electric muscle car that will debut in 2024. Future models will be able to hit 62 mph in as little as two seconds - rivalling the Tesla Model S Plaid, currently the world's quickest production car. $4

6. Uber and Lyft could be avoiding $135 million in Canadian taxes every year. By taking advantage of lax financial disclosure requirements and classifying drivers as contractors, the companies could be skirting millions of dollars worth of taxes. $4

7. Funding into Chinese startups has peaked. New data indicates that China's share of global venture funding has been waning. $4.

8. A senior Google exec will reportedly work remotely after opposing it for staff. Urs Hölzle is moving to New Zealand to work remotely, a decision that sparked outrage as he had opposed remote work for lower-ranking employees. $4

9. Amazon is struggling to get Aetna and other health plans to cover its medical-care service. Securing health-insurance coverage would be a crucial milestone as Amazon Care seeks to expand to more people and companies. $4

10. Our flow chart explains Amazon's controversial system for fixing or ousting employees. As part of our investigation into the company's employee review program, we created a chart that takes you through each step in the process. $4


Compiled by Jordan Erb. Tips/comments? Email jerb@insider.com or tweet @JordanParkerErb>$4.

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