Tech Brew Ride Home Tue. 07/12 – What If (And Hear Me Out) We Actually Owned The Things We Buy?
Jul 12, 2022
Liquidators are struggling to locate the founders of Three Arrows Capital amid their insolvency. The FTC is ramping up scrutiny of misleading data anonymization claims by tech companies. A troubling trend emerges as smart home devices cease operations, raising questions about true ownership. Meanwhile, layoffs hit Hopin as it grapples with shifting event landscapes. Lastly, turmoil surrounds Twitter post-Musk's acquisition attempts, leaving employees in a state of uncertainty and raising legal concerns.
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Missing Founders
- Three Arrows Capital founders, Kyle Davies and Zhu Su, are missing amidst liquidation proceedings.
- Liquidators found their Singapore office empty, and the founders remained silent on a video call.
Data Anonymization Concerns
- Be wary of data anonymization claims; they can be misleading.
- Anonymized data, especially location data, can often be re-identified, compromising privacy.
Bricked Smart Home Devices
- Hive is discontinuing its home security devices and bricking existing ones in 2023 and 2025.
- This highlights the risk of hardware tied to services becoming unusable if the company shifts priorities.