Apple Chief Executive Officer Tim Cook fielded questions on mergers and acquisitions, the impact of Covid-19, and the company’s supply chain during a virtual shareholder meeting on Tuesday. From a report: Narrating a slide show, Cook summarized many of the company’s new products and initiatives announced over the past year. He spoke about the latest iPhones and the growing potential of…
Tag: San Francisco
Government Agencies Begin Investigating Robinhood, Reddit Over GameStop Stock
An anonymous reader quotes a report from CNET: GameStop’s stock price shot through the roof in late January thanks to traders on Reddit. Now at least two government agencies are reportedly investigating why it happened as well as what roles Reddit and trading app Robinhood played in the stock market craziness. The Department of Justice’s fraud section and the San Francisco…
Can you see Canopus, the 2nd-brightest star?
Here’s how to spot Canopus, the 2nd-brightest star in the sky as seen from Earth, on February evenings. Source: https://earthsky.org/brightest-stars/few-know-the-second-brightest-star-canopus…
Study Finds The Least-Affordable City for Tech Workers: Silicon Valley’s San Jose
The Bay Area Newsgroup reports:
Despite high salaries and world-class amenities, San Jose is the least affordable place for tech workers to buy a home. [Alternate URL here] A new analysis by the American Enterprise Institute found the typical tech worker and his or her partner — with two incomes totaling $200,000 — can afford just 12 percent of the homes for…
Another terrible year for wildfires and smoke in the US in 2020
Wildfires burned more than 10 million acres in the United States during the 2020 season. It was the worst season on record. Source: https://earthsky.org/earth/us-2020-wildfire-season-record-bad…
Google To Open Up Its Office Facilities for COVID-19 Vaccine Clinics
Google CEO Sundar Pichai on Monday said the company will make its office facilities available for COVID-19 vaccination clinics, as tech giants aim to speed up distribution efforts in the US. From a report: The company said it’s partnering with the health care provider One Medical for the clinics, which will be opened “as needed” at Google buildings, parking lots and…
More Companies Are Joining ‘Tech Exodus’ From California
This week Digital Reality data center services announced it was also relocating its headquarters from the San Francisco Bay Area to Texas, citing factors like a low cost of living and “supportive business climate”. (Though it will still maintain a “significant” presence in the Bay Area.) And Align Technology (makers of the Invisalign orthodontic dental aligners) also announced it had relocated…
Is There a Tech Worker ‘Exodus’ From the San Francisco Bay Area?
The New York Times reports on an “exodus” of tech workers from the San Francisco Bay Area, where “Rent was astronomical. Taxes were high. Your neighbors didn’t like you” — and your commute could be over an hour. The biggest tech companies aren’t going anywhere, and tech stocks are still soaring… But the migration from the Bay Area appears real. Residential…
Online Misinformation Dropped Dramatically After Twitter Banned Trump
The Washington Post reports: Online misinformation about election fraud plunged 73 percent after several social media sites suspended President Trump and key allies last week, research firm Zignal Labs has found, underscoring the power of tech companies to limit the falsehoods poisoning public debate when they act aggressively. The new research by the San Francisco-based analytics firm reported that conversations about…
Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes
Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million. From a report: The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 Bitcoin. While the price…