There’s a strategic cost to the defection of Visa, Stripe, eBay, and more from the Facebook-led cryptocurrency Libra Association. They’re not just names dropping off a list. Each potentially made Libra more useful, ubiquitous, or reputable. Now they could become obstacles to the token’s launch or growth. Fearing regulators’ inquiries not just into their Libra … Continue reading Why each Libra member’s mutiny hurts Facebook
Author: Eric
Instacart shoppers are organizing a nationwide protest
Instacart has long been at odds with its shoppers — the people who go to the grocery store on behalf of customers. From November 3-5, thousands of Instacart shoppers plan to protest with three demands. They want Instacart to change the default tip amount to at least 10%, ditch the service fee and commit to … Continue reading Instacart shoppers are organizing a nationwide protest
Data persistence in Docker container
Containers are supposed to be light-weighted. Adding unnecessary data will make it heavy to create and run. Docker provides several ways to mount storage from the host machine to containers. Volumes are the most commonly used one. It can be used to persist application data, and also share data between multiple containers as well. (local … Continue reading Data persistence in Docker container
Google Cloud’s COO has left after less than a year
Google Cloud’s chief operating officer, Diane Bryant, has left the company after less than a year. “We are grateful for the contributions she made while at Google and we wish her the best in her next pursuit,” a spokesperson said in a statement. Before joining Google in late November 2017, Bryant spent more than 25 … Continue reading Google Cloud’s COO has left after less than a year
WeWork CEO Adam Neumann steps down
WeWork’s co-founder and chief executive officer Adam Neumann has stepped down as CEO and will serve as non-executive chairman of the board, the company confirmed in a press release Tuesday following a report from The Wall Street Journal. WeWork’s vice chairman Sebastian Gunningham and the company’s president and chief operating officer Artie Minson will serve … Continue reading WeWork CEO Adam Neumann steps down
Automattic raises $300 million at $3 billion valuation from Salesforce Ventures
Automattic, the company behind WordPress.com, WooCommerce and soon Tumblr, has closed a $300 million funding round at a $3 billion post-money valuation. The Series D round has a single investor, Salesforce Ventures. Funding rounds are something special for Automattic . While the company has been around for nearly 15 years, it hasn’t raised a ton … Continue reading Automattic raises $300 million at $3 billion valuation from Salesforce Ventures
Andrew Mason’s Descript snags $15M, acquires Lyrebird to let users type text to create audio in their own voices
The boom in popularity for podcasting has given a new voice to the world of spoken word content that had been largely left for dead with the decline of broadcast radio. Now riding the wave of that growth, a startup called Descript that’s building tools to make the art of creating podcasts — or any … Continue reading Andrew Mason’s Descript snags $15M, acquires Lyrebird to let users type text to create audio in their own voices
Uber plans to keep defending independent contractor model for drivers
In light of gig worker protections bill AB5 passing in the California State Senate last night, and amendments to AB5 passing in the Assembly this morning, Uber has made it clear it plans to do whatever it takes to keep its drivers independent contractors. “We will continue to advocate for a compromise agreement,” Uber Chief … Continue reading Uber plans to keep defending independent contractor model for drivers
Why GDPR is a gift to Google’s competitors
Google has taken some hits this week. First, news broke of Google’s $170 million settlement with the FTC and the New York attorney general. The settlement centers around allegations that YouTube collected data on and served targeted ads to children, without parental consent. Then, reports surfaced that a group of 30 state attorney generals will … Continue reading Why GDPR is a gift to Google’s competitors
Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit
After weeks of media reports, Alibaba may finally be nearing an agreement to acquire NetEase’s cross-border e-commerce unit, Kaola. Chinese tech news website 36kr reports that a deal may be announced as early as this week and is expected to be worth $2 billion in cash and shares. Kaola will continue to run independently, but … Continue reading Alibaba reportedly near finalizing a deal to acquire NetEase’s cross-border e-commerce unit
Eric's playground 