Reuters
FILE PHOTO: Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's "Milestone Celebration Dinner" in Washington
Good morning! This is the tech news you need to know this Tuesday.
- $4. The worker, Chris Smalls, said he was fired in retaliation for his activism.
- $4. Bird said it is providing four weeks of pay, three months of health coverage and an extended time frame of 12 months for laid-off workers to exercise their stock options.
- $4. The NY attorney general's office sent a letter to Zoom asking what new security measures the company has put in place, if any, to handle its huge surge in usage.
- $4. According to Bloomberg, the company has famously shunned home working to ensure secrecy around product launches, but has been forced to change this policy due to the pandemic.
- $4. The social media giant has deleted tweets from Brazilian President Jair Bolsonaro and Rudy Giuliani in recent days.
- $4. Airbnb will pay hosts 25% of what hosts normally would have received through the site's own cancellation policies for trips with March check-in dates.
- $4. The firm will continue to provide benefits to affected employees.
- $4. People complained on social media that their PayPal, Netflix, and Spotify accounts were hacked after they downloaded the app.
- $4. Seed funding has dropped 22% around the world since January, according to data from the investment-analysis firm CB Insights.
- $4. Iger will forgo his full salary, the company announced on Monday in a memo to employees.
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