Tech Brew Ride Home Thu. 07/02 – ALL of Silicon Valley (kinda) Has A Date With Washington
Jul 2, 2020
Mark Zuckerberg reassures Facebook staff about impending advertiser returns despite recent boycotts. Major tech CEOs prepare for a critical antitrust hearing in Congress, raising questions about competition. Facebook shuts down its TikTok clone, Lasso, due to poor engagement. Law enforcement takes down a notorious encrypted phone network used by organized crime. The podcast also discusses the ethical concerns of government surveillance, innovative fitness solutions, the rise in streaming costs, and the reality of self-driving trucks.
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Tech CEOs Testify
- The CEOs of Apple, Facebook, Amazon, and Google will testify before Congress.
- This is anticipated to be a major event, with speculation on who will be the main target.
Lasso Shutting Down
- Facebook is shutting down its TikTok clone, Lasso, after only 18 months.
- Lasso failed to gain traction, with a negligible user base compared to TikTok.
EncroChat Hacked
- Police infiltrated EncroChat, an encrypted network used by organized crime.
- This led to many international arrests across Europe and beyond.