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10 things in tech you need to know today, October 15

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Pacific Rim Uprising Trailer
Elon Musk said it’s time
for giant fighting robots.


Universal


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


  1. SoftBank shares have fallen dramatically, slashing its value by
    $20 billion
    .
    Bloomberg ascribes the dive to a
    rocky few weeks for tech companies and the outcry at Saudi
    Arabia — SoftBank’s biggest outside investor — following the
    disappearance of journalist Jamal Khashoggi. 

  2. Chinese regional authorities laid out the kind of speech
    suppression that Google will likely have to facilitate for the
    country’s persecuted Muslim ethnic minority to launch its new
    product in China
    .
     Regional authorities in
    China passed new laws on how to crack down on its Uighur ethnic
    minority, which includes heavy surveillance, policing, and
    censorship from tech companies.

  3. Tech billionaires Marc Benioff and Jack Dorsey are clashing
    over a key law that could seriously impact the San Francisco
    homelessness crisis
    Proposition C would tax
    the largest businesses in the city to fund homelessness
    services, and it could bring in $250 million to $300 million in
    revenue annually.

  4. Two US senators encouraged the Indian Prime Minister to adopt a
    more lenient stance towards data localization
    .

    Reuters obtained a letter in which Senators John Cornyn
    and Mark Warner encouraged Prime Minister Narendra Modi to
    adopt a “light touch” so data can easily cross national
    borders.

  5. An ex-Googler who was part of a Noble Peace Prize-nominated
    project wants to reinvent the photography
    market
    Patrick Ip, an ex-Googler who was
    involved in a Nobel Peace Prize nominated project, has a new
    startup called Catalog.

  6. Reddit’s former product chief said he made the world “a worse
    place” in his pursuit of growth at all
    costs
    Former Reddit head of product Dan
    McComas told New York magazine that he believes a
    relentless pursuit of growth led to user safety and wellbeing
    being sacrificed.

  7. An intelligence group has found that Islamic extremists are
    using YouTube less
    .
    New analysis from the Site
    Intelligence Group indicates that organisations
    like Islamic State and al-Qaeda are using YouTube much
    less to spread propaganda.

  8. The latest spammy viral Facebook post warns users about account
    “cloning,” but it’s nothing to worry about
    .

    A chain-mail-esque post has been spreading in recent
    weeks, warning of the purported dangers of cloning and asking
    people who read it to copy and paste it into their own posts,
    so other users can be warned.

  9. A British startup will let people buy shares in pilot TV series
    and film
    .
    Bombay Sour describes its platform as a
    “crowdfunded Netflix,” and has brought the producer of “The
    King’s Speech” onto its management team.

  10. Elon Musk says it’s time to create a “mecha” or giant fighting
    anime robot
    Elon Musk tweeted about his love
    for a 2016 anime film and followed it up by saying it was time
    to create a “mecha,” or giant fighting anime robot in the wee
    hours of Sunday morning.

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