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10 things in tech you need to know today

Jordan Parker Erb   

10 things in tech you need to know today

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1. Facebook had a rough day yesterday. Following whistleblower Frances Haugen's interview on 60 Minutes ($4), Mark Zuckerberg's $4, dipping by $7 billion in a matter of hours.

  • What's behind the nosedive: A stock selloff caused the company to fall 5% after $4 - like Instagram, WhatsApp, and Messenger - on Monday. $4 also affected Facebook's internal platforms, bringing work to a screeching halt. One Instagram boss said it felt like $4
  • This isn't the last you'll be hearing from the whistleblower: Haugen will testify about Facebook's practices and the platform's effects on children before Congress today at 10 a.m. ET. $4

2. Ozy Media is… back? Even after its board of directors voted to shutter the company after a string of scandals, Ozy's CEO Carlos Watson declared the company was not, in fact, dead. $4

3. Gopuff's rampant growth created "a downward spiral into chaos." As the company grew, so too did cases of fraud and the amount of unsold inventory. Employees told us Gopuff has a supply-chain problem - and managers described throwing away thousands of dollars' worth of food every day. $4

4. SNL poked fun at the billionaire space race. In a new sketch, SNL mocked Jeff Bezos, Richard Branson, and Elon Musk's space tourism efforts, and had Owen Wilson playing Bezos on his "midlife crisis of epic proportions." $4

5. This writer test-drove "China's answer to Tesla." Car-manufacturer Nio's ET7 is a luxury electric vehicle that's ready for autonomous driving - and the writer found that it was like driving an airplane. $4

6. Workers with years of experience are struggling to land tech roles. We spoke with three millennials trying to land a job in the tech industry - one of whom has worked for Microsoft and Facebook - who are applying to internships and junior roles because they say they can't get a job. $4

7. Blue Origin whistleblower says she lost faith in Jeff Bezos fixing the company's toxic culture. The former employee said Bezos was a proponent of putting arbitration clauses - which keep employees from taking their employers to court - in staff contracts. $4

8. Tesla has accused Rivian of stealing trade secrets and poaching staff even after Tesla filed a lawsuit in 2020. Per Bloomberg, Tesla is accusing rival EV-maker Rivian of stealing "highly proprietary" battery tech this summer. $4

9. Tech giants use a little-known tool to quietly enter contracts with ICE and CBP. Google, Amazon, and Microsoft use third parties or act as contractors to sell their tech to US immigration agencies, a strategy that shields them from public scrutiny and employee backlash. $4

10. TikTok owner ByteDance is building an international shopping platform. The service, which will take on Alibaba and Amazon, could either be integrated into TikTok or have its own app. $4


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

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