According to a survey by Blind, 31% of professionals from 42 tech companies said they’re only putting in between three and four hours a day. Fast Company reports: Additionally, the survey found, 27% of tech professionals said they work five to six hours a day, and 11% reported only working one to two hours per day. In contrast, 30% said they…
Tag: Company Reports
Reddit’s Former CEO Is Now In the Forest-Planting Business
Terraformation, a startup led by Yishan Wong, former CEO of Reddit, is demonstrating an approach to reforest the planet quickly enough to fight climate change. Fast Company reports: Trees can play a key role in capturing carbon at scale — by one estimate, nearly a trillion hectares of land could feasibly be reforested, and those trees could potentially store more than…
Intel Talks With TSMC, Samsung To Outsource Some Chip Production
Intel has talked with TSMC and Samsung about the Asian companies making some of its best chips, but the Silicon Valley pioneer is still holding out hope for last-minute improvements in its own production capabilities. Bloomberg reports: After successive delays in its chip fabrication processes, Santa Clara, California-based Intel has yet to make a final decision less than two weeks ahead…
Why Amazon’s Echo Shines an Ominous Red Light When Its Microphone is Muted
This year Amazon followed up its cylindrical Echo (and its hockey puck-shaped Echo Dot) with a cloth-wrapped sphere-shaped Echo device. And Fast Company reports that one significant change was to the light pipe, “that glowing ring on top of the Echo that signals it’s talking or thinking. “For the fourth generation, that light pipe has been moved to the bottom of…
Apple TV Plus Reportedly Has More Subscribers Than Disney Plus
If a report from The Wall Street Journal is correct, Apple’s TV Plus service that launched late last year has 10 million more subscribers than Disney Plus, which launched at a similar time but with access to almost every TV show and movie Disney owns the rights to. For comparison, Apple TV Plus launched with only 11 titles. Fast Company reports:…
LogMeIn Acquired By Private-Equity Firms
An anonymous reader quotes a report from TechCrunch: LogMeIn announced this morning that it has agreed to be sold for $4.3 billion to affiliates of Francisco Partners and Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation. The purchase price comes out to $86.05 per share in an all-cash deal. The company had a 52-week high of $96.87…
‘Ocean Cleanup’ Project Unveils New Solar-Powered Robot That Collects Plastic From Rivers
Today the Ocean Cleanup unveiled its new “Interceptor” solar-powered robot to collect waste plastic from rivers before it can enter the ocean, Fast Company reports: The system was designed by the nonprofit The Ocean Cleanup, which spent the past four years secretly developing and testing the technology while it continued to work on its main project — a device that can…
Rwanda Releases First Smartphone Made Entirely In Africa
Rwanda’s Mara Group just released two smartphones, earning the company the title of the first smartphone manufacturer in Africa. Their grand ambitions are to help turn Rwanda into a regional tech hub. Fast Company reports: Rwanda President Paul Kagame has announced Africa’s “first high tech smartphone factory,” CNN reported. While smartphones are assembled in other African nations (Egypt, Algeria, and South…
It’s Time To Ban All Government Use of Face Recognition, Says Digital Rights Group
Fight for the Future, the digital rights advocacy group, is calling for a nationwide ban on government use of facial recognition. Fast Company reports: The group says the technology is just too dangerous to civil liberties to allow government agencies to use it, even with regulation. It launched a website where people can contact their legislators and urge them to support…