Thursday, July 29

Big Tech

Amazon, Big Tech, Careers, Corporate Retreat, COVID-19, Deloitte, Feature, Remote Work, Remote Workers, Travel, Uber, Weekend BI UK, work from home

From Tuk Tuk races in Thailand to snowboarding in Iceland, a CEO who plans corporate retreats says many firms are ditching offices for team-bonding trips

Many companies are sticking to remote work even as the world emerges from the COVID-19 crisis. For some, the lack of overheads means they can pay for corporate retreats instead. The CEO of Moniker, which has planned retreats for Uber and Amazon, says demand is soaring. LoadingSomething is loading. Ever imagined yoursel...
Big Tech, Google, GOP, Republican Party, Tech Insider, Technology

Two of the GOP’s most prominent big tech critics previously sought work with Google:’I dodged a bullet.’

Two of the GOP's fiercest Big Tech critics sought to work with Google in 2019, Politico reports. Mike Davis and Garrett Ventry reportedly offered to mend the firm's relationship with conservatives. Google has faced allegations of anti-conservative bias from a number of GOP lawmakers. LoadingSomething is loading. Two of the GOP's most vocal big...
Apple, Big Tech, Emerging Tech, Facial Recoginition, Retail, Tech Insider

The 4 retail stores you probably shop at that use facial-recognition technology

Retail stores across the country are using facial recognition systems in their stores, leading to pushback by groups who say the technology is an invasion of privacy, Axios reported on Monday. Last week, Fight for the Future launched an advocacy campaign against companies using facial recognition, which is often used for security purposes. The software can scan and store the faces of employees and customers — usually with the goal of preventing shoplifting and fraud. "Your face should not be scanned, stored, or sold just because you walk into or work at a store," Fight for the Future wrote. "Retailers across the country that are exploring this invasive technology should know that prioritizing profit over privacy is wrong."Pro...
Apple, Big Tech, iOS, iPhone, Social Media, Tech, Tech Insider, Weekend BI UK, whatsapp

WhatsApp is a step closer to bringing Snapchat-style disappearing photos and videos to iPhones

WhatsApp rolled out disappearing photos and videos to iOS beta testers on Friday. View Once lets users send photos and videos that vanish from chats after a single view. View Once continues Facebook's push to mirror popular features of Snapchat. LoadingSomething is loading. ...
Big Tech, BlackRock, Health Care, infrastructure bill, Markets, MI Exclusive, Stocks

Big tech and healthcare stocks stand to lose most from potential Biden tax hikes, BlackRock says

Shannon Stapleton/Reuters Large-cap tech and healthcare stocks could suffer the most if US taxes go up or if a global minimum tax is enacted, BlackRock analysts wrote in a note. The category with the biggest market cap and lowest effective rate was information technology, including the likes of Amazon and Microsoft. The analysts suggested investors consider small- and medium-cap firms that are less exposed to international tax changes. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Large-cap tech and healthcare stocks could suffer the most if US taxes go up or if a global minimum tax is enacted, BlackRock analysts wrote in a note on Monday.The note examined effective tax rates for each sector of the S&P 500, comparing them to the sector's relative mark...
Amazon, Antitrust, Apple, Big Tech, Facebook, Google, Nancy Pelosi, Politics, Tech Insider, Tim Cook

Apple CEO Tim Cook personally rang Nancy Pelosi to ask her to slow down 6 tech antitrust bills, according to a report

Apple CEO Tim Cook called Nancy Pelosi to try to slow tech antitrust bills, the New York Times reports. Pelosi reportedly challenged Cook to name specific policy problems. It's part of a lobbying drive from Big Tech companies against new bills that aim to regulate tech giants. See more stories on Insider's business page. Apple CEO Tim Cook personally lobbied House Speaker Nancy Pelosi as part of a sweeping effort by Big Tech companies to slow new antitrust legislation, The New York Times reported.The House Judiciary Committee will on Wednesday vote on six antitrust bills targeting Apple, Amazon, Google, and Facebook on Wednesday. T...
Big Tech, Bitcoin, Contributor, contributor 2019, covid, Millionaires, Nordic, Opinión, Prof G, Scott Galloway, Taxes

SCOTT GALLOWAY: Less than 2% of US millionaires’ taxes returns get audited — here’s how increasing IRS funding could change that and net billions more in tax revenue

Scott Galloway is a bestselling author and professor of marketing at NYU Stern. The following is a recent blog post, republished with permission, that originally ran on his blog, "No Mercy / No Malice." In it, Galloway discusses the global vaccine rollout and upcoming US antitrust legislation. See more stories on Insider's business page. Optimists are overrated. With Big Tech, COVID-19, or Putin, would we have been better off listening to the optimists or the pessimists? People think it takes optimism to be an entrepreneur. Not so — in my case, it just required the self-awareness to know I didn't have the skills to succeed in a b...