Tech Brew Ride Home Mon. 12/30 - The Chinese GPS Is Nigh
Dec 30, 2019
A massive data leak from an IoT vendor raises privacy concerns for millions. China prepares to launch its GPS competitor, Beidou, intensifying U.S.-China tech rivalries. The rise of unicorn startups faces scrutiny as funding strategies shift toward profitability. Snap introduces Bitmoji TV, giving users a chance to star in personalized cartoons as Spotify sidelines political ads. The tech landscape is evolving with a focus on sustainable growth and quality in response to changing consumer expectations.
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Wyze Data Leak
- Wyze, a smart device vendor, experienced a server leak exposing user data of 2.4 million customers.
- The leak included email addresses, camera IDs, Wi-Fi SSIDs, and Alexa tokens for some users.
Beidou vs GPS
- China's Beidou, a GPS competitor, will be fully operational by June 2020, boasting higher accuracy than GPS.
- Beidou's integration with 5G is key for developing technologies like self-driving vehicles.
Spotify Suspends Political Ads
- Spotify is suspending political ads in early 2020 due to lacking review tools.
- Political ads aren't a significant revenue source for Spotify.