Technology
10 things in tech you need to know today, November 5
Good morning! This is the tech news you need to know this Monday.
US President Donald Trump is “looking at” whether Amazon,
Facebook, and Google are violating antitrust laws.
In an interview with news site Axios, Trump said the $5 billion
fine against Google from the European Union made him consider
pursuing regulation.
Amazon has reportedly zeroed in on Northern Virginia for its
second headquarters. The $800 billion company is
in advanced talks with Crystal City, a Northern Virginia town
just outside of Washington, D.C., The Washington Post reported
Saturday.
Tesla said the SEC has issued subpoenas on the subject of the
company’s claims made in 2017 about its Model 3
production. According to The Wall Street Journal,
the DOJ is trying to determine if the automaker made
projections in 2017 about Model 3 production that it knew it
would not be able to achieve.
Softbank’s profits are booming due to its investments in
tech. Bloomberg reports that Softbank’s
second-quarter profit far outstrips what analysts predicted, as
operating profit soared to 706 billion yen ($6.2 billion).
Chinese tech giant Tencent will check gamers’ age IDs against
police databases. The company behind the mobile
game “Honour of Kings” announced on Monday that it will start
by age-checking 10 of its most popular games, then rolling out
the test to all the games is owns.
Elon Musk showed off the Boring Company’s LA tunnel in a video
on Saturday. Musk said that he walked the whole
length of the tunnel which he dubbed “disturbingly long.”
Amazon is reportedly hiring fewer seasonal workers this holiday
season, Quartz reports. An analyst told Quartz
that the reduction in seasonal staff could be an indication of
just how automated Amazon’s warehouses have become.
The Winklevoss twins are suing a cryptocurrency investor who
previously went to prison for helping people buy drugs
online. Cameron and Tyler Winklevoss say that
Charlie Shrem has been spending Bitcoin he owes them, The New
York Times reports.- The UK government is launching an inquiry into how
companies use people’s personal data to price
holidays, cars, and household goods amid fears that consumers
are being ripped off. The research is backed by
the UK’s competition watchdog, and will focus on “dynamic
pricing.”
Sundar Pichai’s 11-year-old son is mining Ethereum on a
computer the Google CEO built himself. Pichai said
he had to explain to his son how paper money works and why
existing banking systems are important.
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