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☆ Uber whistleblower says current business model 'absolutely' unsustainable
▼ + stars: | 2022-11-02 | by ( Sergio Goncalves | ) www.reuters.com time to read: +2 min

REUTERS/Pedro NunesLISBON, Nov 2 (Reuters) - Mark MacGann, the whistleblower behind the so-called Uber Files, said on Wednesday that the ride-hailing company seemed to be taking steps toward improving its work culture but that its business model was still "absolutely" unsustainable. MacGann said Uber's current CEO, Dara Khosrowshahi, and his executive team "have done a lot of good things, but they have so, so far to go." "My message to Uber is: 'you've done well, (but) you can do it so much better (because) the current model is absolutely not sustainable,'" MacGann told a news conference during Europe's largest tech conference, the Web Summit, in Lisbon. He said Uber recently reiterated that the "core of its business model is independent contractors, since everybody wants to be self-employed, everybody wants flexibility." "Uber is pumping tens of millions of dollars in Europe, United States, other parts of the world fighting legislation," he said.

For good.”R&B superstar Blige said she lost aunts and other family members to breast, cervical and lung cancer. She has promoted breast cancer screening in the past, especially among Black women who are disproportionately affected, through the Black Women’s Health Imperative. First lady Jill Biden, right, holds hands with singer Mary J. Blige during an event to launch the American Cancer Society's national roundtables on breast and cervical cancer in the State Dining Room of the White House, on Monday. Patrick Semansky / APBlige blamed misconceptions about mammograms among Black women and “the practice of not wanting other people in our business” for disparities in breast cancer outcomes between Blacks and whites. “She has a rock-hard mass in her breast,” Gore said.

☆ Twitter employees are leaving for tech rivals ahead of Elon Musk's planned takeover
▼ + stars: | 2022-10-26 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +5 min

Today, we're looking at a major side-effect of the drama surrounding Elon Musk's Twitter takeover: the employee exodus. Twitter is experiencing an employee exodus amid the Elon Musk deal. Meta and Google snap up Twitter employees. Amid the months-long saga between Twitter and Elon Musk, employees have been leaving in droves. Elon Musk pledges to close Twitter deal on time.

☆ Amazon is shutting down teams that make free AWS tutorials and other online courses as cost cuts grow
▼ + stars: | 2022-10-26 | by ( Eugene Kim | Katherine Long | ) www.businessinsider.com time to read: +3 min

Amazon is shutting down the team responsible for creating cloud computing tutorials. It also axed an online test-prep app for prospective engineering and medical students in India. Amazon is planning to shut down an Online Learning team that was responsible for creating online programming and cloud computing tutorials, Insider has learned. The company currently offers hundreds of online courses, many of which are free, across topics including data science and software engineering on its Online Learning site. Amazon is also shutting down an online learning platform in India that offers tutorials for students preparing to take the country's highly-competitive engineering and medical college entrance exams, according to a current employee.

☆ Metaverse-obsessed Mark Zuckerberg refuses to cut costs. It's no wonder the stock tanked
▼ + stars: | 2022-10-26 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Club holding Meta Platforms (META) reported mixed third-quarter results and weak forward guidance after the closing bell Wednesday. While beating expectations, revenue for Q3 dropped 4% to $27.71 billion. As for profitability, Family of Apps operating income came in at $9.34 billion, short versus expectations of $9.65 billion. Facebook Global Average Revenue per User (ARPU): $9.41 versus expectations of $9.83. Capital expenditures (capex) guidance was tightened to a range of $32 billion to $33 billion versus $30 billion to $34 billion previously forecast and above the $30.41 billion consensus.

☆ Wait for the dust to settle after Alphabet's poor results before taking action on the stock
▼ + stars: | 2022-10-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

But we think Club members should wait until the dust settles before taking any action. Even Google Search, the greatest advertising platform in the world, was not immune to some macroeconomic pressures. Revenue breakdown Google Advertising revenue increased 2.5% year-over-year, to $54.48 billion, missing the consensus estimate of $56.59 billion. Google Search & Other revenue rose 4%, to $39.54 billion, below the $40.93 billion forecasted by analysts, driven by a solid performance in travel and retail. Still, we see no reason to doubt the resilience of Google Search due to its strong measurability and high return on investment.

☆ Mark Zuckerberg should dial down the metaverse crap and make Facebook 'Facebook' again
▼ + stars: | 2022-10-23 | by ( Travis Clark | ) www.businessinsider.com time to read: +6 min

Mark Zuckerberg is going all in on the metaverse, but he should re-focus on other things. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyMeta, the company formerly known as Facebook, should start focusing on making Facebook Facebook again. Over the past year, CEO Mark Zuckerberg has zeroed in on his passion project: the metaverse. Zuckerberg should instead dial that down and prioritize bolstering his company's core apps, Facebook, Instagram, and WhatsApp, which have felt largely neglected while Meta poured $15 billion into its metaverse project. That hasn't stopped Zuckerberg from making his metaverse push a Meta vs. Apple contest, so it's clearly taking up headspace.

☆ 28-year-old former teacher now makes $110,000—how working for a company with pay transparency helped
▼ + stars: | 2022-10-12 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

Salary transparency laws are sweeping the U.S., and workers are more open than ever about how much money they make. Have you ever negotiated a job offer, scored a major raise or used pay transparency to level up in your career? Despite the sudden departure, Fante's ex-employer did give her one major point of leverage that powered her new job search: The ed-tech company operated with total salary transparency. Fante adds that the company's policy existed before Colorado enacted its salary transparency law in January 2021. "It revolutionized the way I thought about pay, because that transparency just felt very natural and like something everyone deserves," she says.

☆ The era of the Big Tech moonshot is over
▼ + stars: | 2022-09-29 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Each of these ideas is a "moonshot," or a radical, potentially world-changing project that Big Tech companies have worked on in recent years. Is the era of Big Tech moonshots over? For years, companies like Amazon, Google, and Facebook dumped money and energy into radical, potentially world-changing projects. But recently, Big Tech firms have been scaling back their ambitions — and have instead turned to a Wall Street-appeasing pragmatism. It comes after Amazon workers of all types have been pushing for higher pay for years.

☆ The era of Big Tech moonshots is over. Amazon, Google, Facebook, and Microsoft are pulling back on ambitious, risky long-term projects after many of them failed.
▼ + stars: | 2022-09-29 | by ( Hugh Langley | Eugene Kim | Kali Hays | ) www.businessinsider.com time to read: +13 min

Amazon, Google, Microsoft, and Facebook have scaled back their ambitious "moonshot" projects. Moonshots like Google X and Amazon Grand Challenge allowed tech firms to build innovative projects. Before Amazon, Parviz led a similar team at Google called Google X. Page and Brin championed X projects they loved, helping them gain funding and headcount within the unit. Parviz, who created the once-hyped-up Google Glass, left Google X in 2014 to start Amazon's Grand Challenge.

☆ Everything you'll need to know about Amazon's second Prime Day
▼ + stars: | 2022-09-27 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

That's right: Amazon has confirmed it's hosting another Prime Day-esque event, slated to take place next month. It's official: Amazon is hosting a second "Prime Day" sales event. Here's what we know so far:The "Prime Early Access Sale," will be held on October 11 and 12. As with Prime Day, the Prime Early Access Sale is exclusively available to Amazon Prime subscribers. But as long as you sign up before the event ends on October 12, you'll be able to partake.

☆ Amazon is walking back staffers' raises after an internal bug miscalculated compensation
▼ + stars: | 2022-09-23 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

We're looking at that and more today — but first, let's kick things off with the latest on Amazon compensation. Leaked email reveals that Amazon is walking back employees' raises. A software bug caused Amazon to overstate some corporate employees' raise packages, according to the email. Per the email, the glitch caused Amazon to overstate bonuses for recently-promoted employees by relying on older, higher stock prices for Amazon shares. In response, Amazon nearly doubled its base pay cap and promised raises, but that wasn't enough to quell the gripes.

☆ Leaked Microsoft documents show where and how the tech titan's new moonshot team is placing its bets, from quantum computing to government cloud services
▼ + stars: | 2022-09-22 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +6 min

The team formed to manage Microsoft's biggest moonshots just released its first growth strategy, according to internal documents viewed by Insider. Microsoft expects the total addressable market through the company's 2025 fiscal year for Microsoft Federal to reach $105 billion, and $149 billion for the Microsoft Communications unit. Azure Quantum, led by CVP Zulfi Alam: "Azure Quantum team is engineering the quantum machine to solve for a better future." Azure for Operators, led by CVP Martin Lund "is accelerating the Cloud transformation of mission critical communication networks for Core and Edge services." Mission Engineering, led by Zach Kramer: "Mission engineering is delivering the innovation and technology that creates the ecosystem that transform mission."

☆ Cancer death rates continue to fall, driven by new treatments and improved screening
▼ + stars: | 2022-09-21 | by ( Kaitlin Sullivan | Kaitlin Sullivan Is A Contributor For Nbcnews.Com Who Has Worked With Nbc News Investigations. She Reports On Health | Science | ) www.nbcnews.com time to read: +6 min

Significant strides in cancer treatments, diagnostic tools and prevention strategies continue to drive down cancer death rates, according to a report published Wednesday by the American Association for Cancer Research. Death rates from cancer have been falling over the past two decades, particularly sharply in recent years, the group's annual Cancer Progress Report found. “Cancer cells are mavericks, but they are your own cells. Coussens also highlighted developments in cancer drugs that work by targeting specific DNA mutations in cancer cells but noted that more work is still needed. Catching cancer earlyAlso key to cutting cancer death rates is catching the disease as early as possible.

☆ Cancer death rates fall steadily in the US, with more survivors than ever
▼ + stars: | 2022-09-21 | by ( Carma Hassan | ) edition.cnn.com time to read: +5 min

CNN —More people are surviving cancer than ever before in the United States, according to a new report from the American Association for Cancer Research. The report notes that there were only 3 million US cancer survivors in 1971. Declines in smoking and improvements in catching and treating cancer early are driving the change, according to the AACR Cancer Progress Report 2022, released Wednesday. The reversal of Roe v. Wade is also expected to affect cancer care by limiting health care options for pregnant women with cancer, the report said. The Covid-19 pandemic had an effect on cancer in the US, with nearly 10 million breast, colorectal and prostate cancer screenings missed in 2020.

☆ Why an early investor in Blue Bottle Coffee and Sweetgreen says he's found the 'holey grail' in a Hawaii doughnut chain
▼ + stars: | 2022-09-20 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

Founded by two siblings, Holey Grail sells doughnuts made-to-order with local ingredients. Since it opened, Holey Grail has attracted long lines of customers — and hungry startup investors. Holey Grail DonutsInvestors like True say they've sniffed out a multi-million dollar opportunity with Holey Grail, one that defies the norms of an industry that has focused on the more lucrative software market. With $9 million in funding from investors like Collaborative Fund and Lee Fixel, Holey Grail wants to change up the multibillion-dollar doughnut market. But Holey Grail isn't the only food chain to benefit from the cravings of tech's monied elite.

☆ How an entrepreneur started a doughnut chain in Hawaii and landed $9 million in VC funding from early investors in Sweetgreen and Blue Bottle
▼ + stars: | 2022-09-19 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

Since it opened, Holey Grail has attracted long lines of customers — and hungry startup investors. Holey Grail DonutsInvestors like True say they've sniffed out a multi-million dollar opportunity with Holey Grail, one that defies the norms of an industry that has focused on the more lucrative software market. With $9 million in funding from investors like Collaborative Fund and Lee Fixel, Holey Grail wants to change up the multibillion-dollar doughnut market. Hole in oneAt first glance, Holey Grail is an unlikely bet for top technology investors. But Holey Grail isn't the only food chain to benefit from the cravings of tech's monied elite.

REUTERS/Evelyn HocksteinHONG KONG, Sept 14 (Reuters Breakingviews) - China biotech’s American honeymoon is ending. Key to his initiative is ensuring that “biotechnologies invented in the United States of America are made in the United States of America”. With more bad news set to trickle out of Washington, Chinese biotech companies have a bitter pill to swallow. The order "directs the federal government to ensure biotechnologies invented in the United States of America are made in the United States of America," Biden said. Hong Kong shares of WuXi Biologics, a Chinese contract drug manufacturer, closed down 20% on Sept. 13 to HK$53.40.

☆ The Artemis I mission launches NASA's return to the moon, 50 years after the last moonwalk. Astronauts explain why it took so long.
▼ + stars: | 2022-08-27 | by ( Morgan Mcfall-Johnsen | Hilary Brueck | ) www.businessinsider.com time to read: +7 min

NASA is about to launch its new Space Launch System toward the moon for the first time. The rocket is designed to return astronauts to the lunar surface for the first time in more than 50 years. NASA astronauts say it's taking so long to return to the moon because of politics and money. It's not just that the Space Launch System is giant, standing taller than the Statue of Liberty. NASA/Kim ShiflettAs early as 2004, former President George Bush was setting goals to return astronauts to the moon.

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