10 things in tech you need to know todayOctober 12, 2020
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- A judge ruled Apple doesn’t have to bring Epic Games’ ‘Fortnite’ back to the iPhone App Store. Epic sued Apple in August over allegations of anticompetitive behavior.
- 60 employees voluntarily resigned from Coinbase over its new ‘apolitical’ policy. Tensions came to a head in a company-wide meeting when employees demanded CEO Brian Armstrong say the words “Black lives matter”.
- Peloton removed QAnon hashtags from its platform as tech companies continued to grapple with the conspiracy theory movement. “Peloton was built on community, inclusivity, and being the best version of yourself,” a spokesperson said.
- Leaked audio revealed Google CEO Sundar Pichai saying he plans to expand ‘hub’ offices for a more flexible working future. Pichai said Google would expand the number of offices it considers “hubs” so that Googlers will have “more choice in their lives.”
- Strict Facebook NDAs reveal how the company bars some of its ad agencies from speaking about it – and even confirming public information. The broad language shows how Facebook wields its massive power over the ad industry.
- Jeff Bezos has bet on a self-driving startup run by former heads of Google, Tesla, and Uber’s AV projects. Mark Norman, a partner at Fraser McCombs Capital, said he has “deep respect” for the Aurora team.
- Twilio is reportedly getting ready to acquire data startup Segment for $3.2 billion. Segment was last valued at $1.5 billion in an April 2019 funding round, and counts Accel, Y Combinator, and Alphabet’s GV (formerly Google Ventures) among its investors.
- An Arm president said the chip design company’s clients shouldn’t worry about the $40 billion Nvidia acquisition. “We’re going to essentially ensure that everything that’s worked for Arm for 30 years is going to stay the same.”
- Priscilla Chan said she’s proud of how Mark Zuckerberg has handled backlash over Facebook’s policing of misinformation. The comment comes as Facebook and other social media platforms gear up for the election and crack down on the spread of misleading and false information.
- Tanium, the fast-growing cybersecurity startup backed by Salesforce Ventures, raised $150 million in new funding that brings its valuation over $9 billion. Besides Salesforce Ventures, Tanium is also backed by firms including Andreessen Horowitz and TPG.
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