Thursday, July 29

Enterprise

BI Graphics, Enterprise, Law, Media, NDA, nondisclosure agreement, Research, Samantha Lee, Startups, Tech Insider, Whistleblower

The painful cost of confidentiality agreements: 5 tech workers reveal how restrictive NDAs left them struggling to get a job and isolated from friends

Evading questions from family. Seeking treatment for depression and PTSD. Struggling to land a new job after dozens of interviews. Signing a separation agreement to keep access to health insurance. These are a few of the circumstances tech workers experienced after they were bound to silence by strict nondisclosure and non-disparagement agreements. The workers shared their stories with Insider anonymously as part of a sweeping NDA transparency project published this week.Many of the workers said they hadn't shared agreements with anyone previously, even family. For some, discussing their agreement was a nerve wracking, often confusing endeavor."It says I can't even acknowledge its existence so I don...
BI General Contributors, Business Insider Deutschland, Careers, Careers Contributors, Enterprise, Enterprise Contributors, Finance, Finance Contributors, International, International Contributors, Investing, Nordic, Personal Finance, Qayyah Moynihan, Strategy, Strategy Contributors, Translation Team, UK

How a 25-year-old quit his engineering job to be a financial blogger and built a $169,000 portfolio

Dominik Wenzelburger quit his job as an engineer to become a self-employed financial blogger. Wenzelburger uses his blog to evaluate financial products. He earns around $70,900 per year. He started his blog after his bank asked to talk to him about investing and he chose to go it alone. LoadingSomething is loading. Dominik Wenzelburger is still...
BI Graphic, Enterprise, Law, Media, nondisclosure agreement, Samantha Lee, Startups, Tech Insider, Whistleblowers

‘A gag order for life’ — How nondisclosure agreements silence and control workers in Silicon Valley

Kira isn't allowed to talk about the business trip she took to Texas in 2019, when she says a male colleague drugged and raped her. She awoke the next morning to find his credit card on the floor of her hotel bathroom, her underwear torn , and her body bruised. Kira canceled the second leg of her trip and flew home, where she called her boss to describe what happened. Her boss notified human resources, setting off a chain of events that made it impossible for Kira to continue working at the multibillion-dollar tech company where she was a contract manager.At the end of a contentious legal mediation in the months that followed, Kira signed a settlement agreement that forced her to resign. In exchange ...
Alphabet, earnings 2021, Enterprise, Finance, Google, Google Cloud, Google earnings, Markets, Tech Insider, YouTube

Alphabet blows past Wall Street’s Q2 quarterly earnings expectations as search and YouTube ad revenue surge

Google's parent Alphabet announced its Q2 earnings Tuesday, beating Wall Street expectations. Alphabet reported $61.9 billion in total revenue versus $56.1 billion expected by analysts. Google's ad services brought in $57.1 billion, while Cloud revenue grew to $4.6 billion. See more stories on Insider's business page. LoadingSomething is loading. ...
Enterprise, Finance, Google, insider tech, Jack Dorsey, Larry Page, Media, Netflix, Newsletter, Tech, Tech Insider, WeWork

Larry Page has gone to Fiji and sold his superyacht

Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including: Did someone forward this newsletter to you? Sign up here.This week: Larry Page escapes to Fiji and burns the boats (metaphorically speaking) Justin Sullivan/Getty ...
AWS, Elon Musk, Enterprise, Newsletter, Nordic, Salesforce, Startups, Tech Insider, The Boring Company, Transportation, Venture Capital

Tech’s $1 billion unicorn startups are ready to party

Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including: Did someone forward this newsletter to you? Sign up here.Note: Newsletters are now coming from our new domain, @insider.com. Also, a friendly reminder to add [email protected] to your address book.This week: The hot unicorn summer is hereOnce upon a time a startup that attained a $1 billion valuation was a rare feat — rare enough that those that achieved it were called unicorns. Today, unicorns are seemingly everywhere and new ones are being created all the time. In the second quarter of 2021, there were 136 new unicorns created. That's more than all the unicorns cre...
Amazon, Enterprise, Facebook, Mergers and Acquisitions, Project Kuiper, satellite internet, Space, Tech Insider, Technology

Amazon acquires Facebook’s satellite internet team, bolstering its efforts to compete with SpaceX

Amazon has acquired Facebook's satellite internet team, The Information reported Tuesday. The group of more than a dozen LA-based scientists and engineers joined Amazon in April. The acquisition ends Facebook's plans to develop satellite internet, while bolstering Amazon's own. LoadingSomething is loading. ...
Amazon, Andy Jassy, Enterprise, insider tech, Newsletter, Tableau, Tech, Tech Insider

Amazon’s big leadership shift and other major exec moves

Hello, and welcome to the latest edition of the Insider Tech weekly newsletter, where we break down the biggest news in tech, including: Alexei is out on vacation this week, so it's Jillian D'Onfro, enterprise tech editor, here to fill you in.Did someone forward this newsletter to you? Sign up here.This week: Jeff Bezos officially gave up the Amazon throne Andy Jassy and Adam Sel...
AI, Careers, Enterprise, firings, Google, Strategy, tech companies, Tech Insider

A Google privacy engineer says he quit over’constant gaslighting’ following the firing of two AI experts

A Google privacy engineer said he quit after the company controversially fired two AI ethicists. One of them, Timnit Gebru, was fired in December, prompting widespread employee outrage. The engineer, Damien Desfontaines, has been with the company since 2014, per his LinkedIn profile. See more stories on Insider's business page. A senior privacy software engineer at Google said he quit the tech firm, citing "constant gaslighting" following its prior dismissals of two AI experts, including the high-profile case of Timnit Gebru.Damien Desfontaines, who goes by TedOnPrivacy on Twitter, announced the news Thursday."Personal news! Today'...
Amazon, Enterprise, JEDI contract, Microsoft, Military, Military & Defense, Pentagon, Politics, Tech Insider

The Pentagon has called off the $10 billion JEDI cloud-computing contract Microsoft and Amazon were arguing over

The Pentagon has canceled the $10 billion cloud-infrastructure plan it awarded Microsoft in 2019. The Pentagon cited "evolving requirements, increased cloud conversancy, and industry advances." Amazon filed a complaint accusing the Trump administration of influencing the award process. See more stories on Insider's business page. The Pentagon has canceled the $10 billion cloud-infrastructure contract Microsoft and Amazon were fighting over, CNBC and other outlets reported on Tuesday.The Department of Defense granted Microsoft the massive contract in 2019. Amazon soon after challenged the grant, claiming former President Trump had i...