“Overpaid Executive Tax” in SF hits firms that pay CEOs 100X more than workers...

Businesses can either pay tax, reduce top executive salary, or pay workers more, writes Jon Brodkin. Here is the link: https://arstechnica.com/tech-policy/2020/11/overpaid-executive-tax-in-sf-hits-firms-that-pay-ceos-100x-more-than-workers/

Ant’s canceled China IPO highlights global fintech challenge — Bloomberg

Here is the link: https://www.bloomberg.com/news/articles/2020-11-05/ant-s-squashed-ipo-by-china-highlights-global-fintech-challenge

California has rejected a major gig economy reform, leaving workers without employee protections —...

In a victory for companies like Uber and Lyft, California will classify ride-hailing drivers as independent contractors, writes Rebecca Heilweil. Here is the link: https://www.vox.com/recode/2020/11/4/21539335/california-proposition-22-results-gig-economy-workers

Walmart abandons plan to have robots check store inventories — Engadget

The retail giant found the humans could do just as good a job, writes Steve Dent. Here is the link: https://www.engadget.com/walmart-abandons-plan-to-have-robots-check-inventories-112907958.html

Apple announces event for Nov. 10 where new Macs with Apple chips expected —...

Apple announced on Monday an event for Nov. 10 where it’s expected to reveal new Macs powered by ARM processors, writes Kif Leswing. Here is the link: https://www.cnbc.com/2020/11/02/apple-announces-event-for-nov-10-where-new-macs-with-apple-chips-expected.html

The questions the CEOs declined to answer — Protocol

Every congressional hearing with the tech CEOs has been rife with promises they will "get back" to lawmakers on questions they either can't or don't want to answer, writes Emily Birnbaum. Here...

People are jailbreaking used Teslas to get the features they expect — Vice

Teslas function more like consumer electronics than traditional vehicles, writes Aaron Gordon. Here is the link: https://www.vice.com/en/article/y3mb3w/people-are-jailbreaking-used-teslas-to-get-the-features-they-expect

Zoom’s end-to-end encryption has arrived — The Verge

Zoom’s end-to-end encryption (E2EE) has arrived, letting both free and paid users secure their meetings so that only participants, not Zoom or anyone else, can access their content, writes Jon Porter. Here...

CBP refuses to tell Congress how it is tracking Americans without a warrant —...

U.S. Customs and Border Protection is refusing to tell Congress what legal authority the agency is following to use commercially bought location data to track Americans without a warrant, writes Joseph...

Ant Group raises $34 billion in world’s largest IPO — CNN

Jack Ma's Ant Group has just pulled off the biggest share sale in history, marking a huge win for the Chinese tech champion and the country's stock market, according to a...

Tecent leads $100M Series B funding round into China-based esport provider VSPN — TC

Founded in 2016 and headquartered in Shanghai, VSPN was one of the early pioneers in esports tournament organization and content creation out of Asia, writes Mike Butcher. Here is the link: https://techcrunch.com/2020/10/25/tencent-leads-100m-series-b-funding-round-into-china-based-esport-provider-vspn/

Microsoft to build Taiwan data center amid US-China tech war — Nikkei Asia

Microsoft is to make its largest investment in Taiwan by building its first cloud-computing data center there and turning it into a key Asia operating hub, according to a report by...

US signs 5G security deal with Bulgaria, North Macedonia, and Kosovo — DW

North Macedonia, Kosovo and Bulgaria signed an agreement with the US this Friday on high-speed broadband network security, according to the report. Here is the link: https://www.dw.com/en/us-signs-5g-security-deal-with-bulgaria-north-macedonia-and-kosovo/a-55381594

Facebook, Google and Microsoft ‘avoiding $3bn in tax in poorer nations’ — BBC

Google, Facebook and Microsoft should be paying more corporation tax in developing nations, says ActionAid; according to the BBC report. Here is the link: https://www.bbc.com/news/business-54691572

Quibi is shutting down — The Verge

Quibi — the shortform mobile-focused streaming service — is shutting down after just over six months of operation; writes Chaim Gartenberg. Here is the link: https://www.theverge.com/2020/10/21/21527197/quibi-streaming-service-mobile-shutting-down-end-katzenberg You can find an open letter by...