Friday, September 27, 2019

10 things in tech you need to know today - INSIDER

10 things in tech you need to know today - INSIDER


10 things in tech you need to know today - INSIDER

Posted: 27 Sep 2019 12:01 AM PDT

doordash dasher courier delivery 6
DoorDash suffered a data breach earlier this year that affected 4.9 million people.
DoorDash

Good morning! This is the tech news you need to know this Friday.

  1. DoorDash suffered a data breach that affected the information of 4.9 million users, delivery workers, and restaurants. Hackers stole information including names, delivery addresses, contact information, and some credit card information.
  2. Uber CEO announced plans to merge all of Uber's services under one app. That means bringing all of Uber's disparate projects — including food delivery, transit passes, and e-bikes — under one roof. 
  3. SoftBank thought WeWork could be a $100 billion company, and audio from 2018 shows how it inflated the hype. In 2018, a senior SoftBank executive loftily predicted the business could one day be worth as much as $100 billion, highlighting how investors charged with oversight of the company were helping build the buzz that has since come crashing down as the company's plans to go public go off the rails.
  4. WeWork's new co-CEOs are planning to oust 20 of Adam Neumann's friends and family members. Included in that group are Vice Chair Michael Gross, Chief Product Officer Chris Hill, and 10 employees that reported directly to Neumann, according to a Wall Street Journal report.
  5. Peloton wiped out more than $900 million of investor wealth in its first day of public trading. The stock started trading at $27, which was 6.9% below its offer price, marking the third-worst trading debut for a mega-IPO since the financial crisis a decade ago.
  6. Facebook will hide like and reaction counts on its platform in a test starting Friday for a limited number of users in Australia, TechCrunch reported Thursday. The number of likes and reactions (such as hearts and other emojis) on posts and photos, as well as video view counts, will be hidden to the public under the test.
  7. Huawei CEO said that the company is willing to license its 5G mobile technology to a US firm, as it seeks to alleviate security concerns over its products. Huawei, the world's largest telecoms gear maker, has been on a US trade blacklist since May over concerns that its equipment could be used by Beijing to spy.
  8. Tesla released a big software update that allows its cars to drive themselves in parking lots. Many of the software update's other features are related to in-vehicle entertainment, including the ability to use Netflix, YouTube, Hulu, or Spotify from a vehicle's touchscreen.
  9. WeWork is selling the company's $60 million luxurious private jet that Adam Neumann and his family personalized and used to fly all over the worldSome employees told Business Insider that the optics of the Gulfstream upset staff members who couldn't get promised bonuses and raises while the company spent millions on the plane and parties.
  10. People are afraid Amazon's new smart glasses will be an Orwellian privacy nightmare. Amazon is releasing a pair of smart glasses, which cost $180 and have a built-in Alexa voice assistant, which you can talk to anywhere, anytime.

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3 key people in Neumann's inner circle are leaving WeWork - Business Insider

Posted: 26 Sep 2019 04:05 PM PDT

  • Adam Neumann's departure as WeWork's CEO came after a tumultuous few weeks for the coworking giant.
  • Two co-CEOs were named on Tuesday and have moved quickly, including selling off businesses and the company's private plane.
  • Three employees who had supported Neumann for years have been terminated. More exits are said to be coming.
  • The departures show the company is moving quickly to move beyond Neumann's leadership.
  • Click here for more BI Prime stories.

WeWork cofounder Adam Neumann announced he was resigning as CEO earlier this week, and now a wave of people in his inner circle are also departing.  

Chris Hill, chief product officer and CEO of Japan, is out. Zvika Shachar, the head of global security, is leaving. So is Roni Bahar, WeWork's director of development, a source familiar with the matter told Business Insider. Others are said to be on their way out, with some discussions happening this week, including with Neumann's support staff. This story will be updated as more information is available. 

Hill joined in 2011 as chief operating officer and was later chief community officer. In 2017, he moved to Japan, home to WeWork's largest investor, SoftBank

Since 2011, Shachar has served in a number of roles, including head of global security and safety, vice president of special projects in the CEO office, and head of global benchmarking and standards, according to his LinkedIn. Bahar joined in 2012, according to his LinkedIn profile. 

The two are said to be longtime friends of Neumann; Shachar and Neumann served together in the army in Israel, where service is compulsory. A source who worked close to the C-suite said Shachar had no other formal security training.

WeWork is also selling off the $60 million private jet that Neumann used, Business Insider reported earlier on Thursday.

WeWork had lined up $6 billion in financing contingent on pulling off raising $3 billion in an initial public offering by the end of the year. It's also been spending heavily on investing in growth, as well as posting wide negative operating cash flows. SoftBank is now planning to pump more money into WeWork, which could unlock other financing options, according to media reports this week.

Read more: SoFi's CEO Anthony Noto says WeWork is a 'gut check' moment for startups eyeing IPOs, and highlights how boards need to change their thinking

Neumann's departure came after a tumultuous few weeks for the coworking giant. Pressure on the company and its leader ramped up even more in August after it revealed detailed financials in its S-1 statement when laying the groundwork for the IPO.

Neumann has been a lightning rod, given his financial entanglements with the company he ran, as well as his unconventional leadership style. He will stay on as nonexecutive chairman, but his voting rights have been slashed. 

WeWork mulled massive cuts to its previous $47 billion valuation to win over potential investors but has now postponed its IPO. 

In a statement on Tuesday announcing Neumann was stepping down as CEO, he said intense public scrutiny had become a distraction. The WeWork execs Artie Minson and Sebastian Gunningham will now head the company as co-CEOs.

In that statement, the two new co-CEOs said they would be "taking clear actions to balance WeWork's high growth, profitability, and unique member experience while also evaluating the optimal timing for an IPO."

Read more: Adam Neumann is out as WeWork's CEO, but that's no 'silver bullet': VCs and proptech experts think it will take cutting passion projects and cleaning house to right the ship

Elon Musk said in a leaked email that Tesla has a chance to break its delivery record this quarter - Business Insider

Posted: 26 Sep 2019 12:06 PM PDT

  • Tesla CEO Elon Musk said in an email to employees that the electric-car maker has a chance to deliver at least 100,000 vehicles this quarter, Electrek's Fred Lambert first reported.
  • In the email, Musk also says Tesla is on pace to receive about 110,000 orders this quarter and cites delivery logistics as the company's highest priority for the rest of this month.
  • During the second quarter of this year, Tesla delivered around 95,200 vehicles, which broke a record the company set in the fourth quarter of last year.
  • Wedbush Securities analyst Dan Ives said in a note to investors on Thursday that Wall Street is predicting 95,000-100,000 deliveries from Tesla this quarter.
  • Visit Business Insider's homepage for more stories.

Tesla CEO Elon Musk said in an email to employees that the electric-car maker has a chance to deliver at least 100,000 vehicles this quarter, Electrek's Fred Lambert first reported. Business Insider obtained a copy of the email.

"We have a shot at achieving our first 100,000 vehicle delivery quarter, which is an incredibly exciting milestone for our company!" Musk said.

Read more: Elon Musk is doubling down on China as car sales plummet and electric-vehicle subsidies are slashed

In the email, Musk also says Tesla is on pace to receive around 110,000 orders this quarter and cites delivery logistics as the company's highest priority for the rest of this month.

"The challenge is making sure that we have the right car variants in the right locations and rallying as much of our company resources as possible to help with end of quarter deliveries," he said. "This is the absolute top priority for the remaining five days of the quarter."

Tesla did not immediately respond to Business Insider's request for comment.

During the second quarter of this year, Tesla delivered around 95,200 vehicles, which broke a record the company set in the fourth quarter of last year. While delivery records led to profits in the second half of last year, the company posted a net loss of $408 million on revenue of $6.35 billion in the second quarter this year.

See also: Apply here to attend IGNITION: Transportation, an event focused on the future of transportation, in San Francisco on October 22

Wedbush Securities analyst Dan Ives said in a note to investors on Thursday that Wall Street is predicting 95,000-100,000 deliveries from Tesla this quarter.

You can read Musk's full email below:

We have a shot at achieving our first 100,000 vehicle delivery quarter, which is an incredibly exciting milestone for our company!

Net orders are tracking to reach about 110k, so demand is strong. The challenge is making sure that we have the right car variants in the right locations and rallying as much of our company resources as possible to help with end of quarter deliveries.

This is the absolute top priority for the remaining five days of the quarter. Please let me know if there's anything I can do to be helpful.

Looking forward to working with you towards an amazing finish!

Read Electrek's full story here »

Are you a current or former Tesla employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com.

Trump suggests whistleblower is guilty of treason, punishable by death - Business Insider

Posted: 26 Sep 2019 10:41 AM PDT

  • President Donald Trump suggested on Thursday that a whistleblower who filed a complaint against him is "a spy" who may have committed treason, the Los Angeles Times and The New York Times reported.
  • The punishment for treason is death.
  • The complaint centers on Trump's July 25 phone call with Ukrainian President Volodymyr Zelensky in which Trump pressured Zelensky to work with Rudy Giuliani and Attorney General William Barr on investigating former Vice President Joe Biden and to discredit the Russia probe.
  • "Basically, that person never saw the report, never saw the call, he never saw the call — heard something and decided that he or she, or whoever the hell they saw — they're almost a spy," Trump said, according to the Los Angeles Times report.
  • "You know what we used to do in the old days when we were smart? Right? The spies and treason, we used to handle it a little differently than we do now," the president added, per the Los Angeles Times.
  • Visit Business Insider's homepage for more stories.

President Donald Trump suggested on Thursday that a whistleblower who filed a complaint against him is "a spy" who may have committed treason, the Los Angeles Times and The New York Times reported.

The punishment for treason is death.

"Basically, that person never saw the report, never saw the call, he never saw the call — heard something and decided that he or she, or whoever the hell they saw — they're almost a spy," Trump said at a private breakfast in New York, according to the Los Angeles Times report.

"I want to know who's the person, who's the person who gave the whistleblower the information? Because that's close to a spy," he said.

He added: "You know what we used to do in the old days when we were smart? Right? The spies and treason, we used to handle it a little differently than we do now."

Read more: Trump is facing impeachment over a whistleblower complaint and a phone call with Ukraine's president. Here's what we know.

The complaint centers on Trump's July 25 phone call with Ukrainian President Volodymyr Zelensky in which Trump repeatedly pressured Zelensky to work with Rudy Giuliani and Attorney General William Barr on investigating former Vice President Joe Biden and to discredit the Russia probe.

Days before the call, Trump ordered the US to withhold a nearly $400 million military-aid package to Ukraine. Notes on the call released by the White House on Wednesday showed that the US president did not directly mention offering aid in exchange for Zelensky's assistance in investigating Biden but said the US does "a lot for Ukraine" right before asking Zelensky to do him "a favor" and investigate Biden and the origins of the Russia probe.

The whistleblower said they were not a direct witness to the conduct described in the complaint or Trump's conversation with Zelensky but learned of it from "multiple White House officials with direct knowledge of the call."

The whistleblower said they heard "various facts related to" it from more than half a dozen US officials. "Multiple officials recounted fact patterns that were consistent with one another," the complaint said.

The complaint also said White House officials who informed the whistleblower of Trump's call were "deeply disturbed" by what they had heard. They also told the whistleblower that White House lawyers were already discussing how to handle the call because they believed they'd witnessed Trump "abuse his office for personal gain."

Read more: Acting DNI Joseph Maguire undermined the GOP's entire argument against the whistleblower in one sentence

Trump and his allies have repeatedly alleged that the whistleblower learned details about the call because someone within the intelligence community leaked them.

But the acting director of national intelligence, Joseph Maguire, told the House Intelligence Committee on Thursday that the whistleblower likely got the information from Trump's own staff.

Maguire also said the complaint was "in alignment" with the White House's memo of the call.

Trump has a history of baselessly accusing law-enforcement agencies, specifically the FBI, of spying on him or committing treason.

Trump has pushed discredited conspiracy theories that the FBI under President Barack Obama spied on him and his campaign and wiretapped him in Trump Tower, his signature property in midtown Manhattan.

Read more: In white-hot attack on the Russia probe, Trump is now calling an FBI informant talking to his campaign 'SPYGATE'

The FBI was not wiretapping him but did have a warrant from 2011 to 2013 to surveil a Russian crime ring running out of the 63rd floor of Trump Tower, ABC News reported in 2017.

And The Washington Post and The New York Times reported in 2018 that the FBI had not spied on the campaign as Trump described but sent an informant to speak to three Trump campaign officials — Carter Page, Sam Clovis, and George Papadopoulos — after opening an investigation into the campaign's potentially "suspicious" connections to Russia.

In December 2017, Papadopoulos pleaded guilty to lying to the FBI about his contacts with Russia-linked individuals and ended up serving about two weeks in prison.

Earlier this year, the news website Axios compiled a list of 24 instances since January 2018 in which Trump had accused someone of treason or "treasonous" behavior. Trump has applied the label to the FBI, the former special counsel Robert Mueller's Russia investigation, the Democratic Party, the media, and now an intelligence whistleblower.

Kosas Tinted Face Oil foundation review: lightweight, buildable - Business Insider

Posted: 26 Sep 2019 04:01 PM PDT

  • Kosas Tinted Face Oil ($42) is my new favorite foundation. It's a lightweight, medium-coverage base that doesn't feel like anything on the skin, even when you build it up.
  • The  shade range is quite balanced, with 16 colors designed to adapt to 48 different skin tones and undertones.
  • Though it resembles lighter coverage skin tints, this oil actually does an impressive job of covering up redness, blemishes, and fine lines.

I know I'm not alone in my deep distaste for most foundations. Sometimes I get the urge to try a medium-to-full coverage base after watching a particularly glamorous YouTube tutorial, but I always end up regretting it. Most foundations make me look somehow worse, highlighting fine lines and areas of texture I didn't even notice on my makeup-free face.

Kosas Tinted Face Oil is a totally different story. The brand sent me a bottle around the beginning of the summer, and it's proven to be a standout in my collection. This foundation has a featherlight, serum-like texture. It's similar to products with much lighter coverage (like another favorite of mine, Glossier Perfecting Skin Tint). But this is an actual foundation, with solidly medium coverage that is buildable. 

Kosas face oil 2
Sephora

I was initially shocked by the opacity of the formula, considering how thin it is right out of the bottle. This stuff feels truly like nothing on my face, while doing a great job of covering up redness and diminishing blemishes. As the name suggests, this is an oil with pigment. But don't let that scare you off — it dries down to a surprisingly non-greasy finish and absorbs to be fairly undetectable. For reference, I have fairly "normal" skin (not super dry, not super oily), though I do tend to get shiny on my forehead and nose if I don't set that area with a light powder.

Though there are only 16 shades, the formulas are self-adjusting so many skin tones can find their ideal match. I've been using Tone 01 (porcelain with pink undertones) and find it to be a great match with my complexion. That being said, hopefully the brand rolls out more shades to fit a broader spectrum of skin tones.

You only need a couple of drops to cover your entire face. I use one to three for light-to-medium coverage, but you can build the formula for an even more perfected look. The brand recommends allowing the first layer to dry, which only takes a few seconds, before adding additional coverage with your fingertips or favorite brush or sponge. I also love that I can layer cream blushes and highlighters on top without disturbing the foundation.

Despite the oil-based formula, this actually feels more secure and less runny on my face than other foundations, even in the heat. Plus, Kosas pays special attention to keeping formulas good for your skin and for the environment. Tinted Face Oil, like all the brand's products, is cruelty-free, vegan, and gluten-free. 

Kosas face Oil 3
Sephora

As with most things in life, there are a couple of drawbacks to this foundation. First of all, it's extremely liquidy. You need to shake the bottle really well. Even then I find that the product comes out of the squeeze bottle too quickly. Secondly, I sometimes experience product pilling depending on what skin care I've used that day. To minimize the chances, I try to wait at least 15 minutes between applying sunscreen and makeup, which can be time-consuming when I'm in a rush.

The bottom line

Overall, if you're looking for a comfortable foundation that's not too matte, not too glowy and doesn't enhance your imperfections, I don't think you can go wrong with Kosas Tinted Face Oil. It wears beautifully for hours and doesn't make my face itch like so many other foundations. At $42 for a 1-ounce bottle, it's a bit spendy. However you really need very little product. I anticipate one bottle lasting quite a long time. 

Pros: Lightweight, long-lasting, 16 shades that adapt to 48 skin tones, Clean at Sephora

Cons: Pilling, very runny texture

Buy Kosas Tinted Face Oil for $42 at Sephora

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