On managing outrage in Silicon Valley

 I hate sexism; it can’t be eradicated fast enough. I’m also frustrated that there’s still far too little diversity in Silicon Valley. Yet a newer form of discrimination is starting to greatly alarm me, and that’s discrimination against anyone with a point of view that’s deemed offensive to the tech majority. You know already what I’m talking about: people… Read More

In its push to compete in Southeast Asia, WeWork is pouring $500 million into the region

 Less than two weeks ago, WeWork took the wraps off a new massive round of funding — $500 million from the Chinese private equity firm Hony Capital, the Japanese internet giant SoftBank, Greenland Holdings, and China Oceanwide. Now, the company is announcing that it’s pouring that exact amount — $500 million — into expanding into Southeast Asia and Korea. As part of… Read More

10 Members of Congress rake FCC over the coals in official net neutrality comment

 How and to what extent the FCC should regulate the internet has been a hot question for years, and the present administration is proposing to eliminate the 2015 Order that created net neutrality rules. But Congress isn’t going to take that lying down: 10 Representatives who helped craft the law governing the FCC itself have submitted an official comment on the proposal ruthlessly… Read More

A smartwatch won’t fix what’s broken with Fitbit

 Fitbit’s Q2 earnings could have been worse. Unlike Q4 of last year, the company didn’t use the opportunity to announce that it would be laying off six percent of its staff. Still, things are bad. As we pointed out earlier in the week, the company’s stock price is little more than 10 percent of its 2015 high. Read More

Seattle study puts down some common criticisms of Airbnb-style renting as regulations loom

 Airbnb may have put its foot in its mouth before when it comes to communicating the benefits it brings to cities, but it’s hard to argue with raw, uncut science. A new study from the Internet Association, a trade group comprising many online properties including Airbnb, takes a hard look at housing stats in Seattle and bats away a few issues commonly brought up regarding the service. Read More

Africa has entered the space race, with Ghana’s first satellite now orbiting earth

 The GhanaSat-1?Ghana’s first satellite?began its orbit recently, with a little help from some friends. The cubesat, built by a Ghanaian engineering team at All Nations University, was delivered to NASA’s International Space Station in June on a SpaceX rocket that took off from pad 39a at Kennedy Space Center, a NASA spokesperson confirmed. The GhanaSat-1 deployed into orbit… Read More

Beyond the boring blockchain bubble

 The silly season continues. Speculators are piling into the cryptocurrency space in the hopes of–sometimes very literally–making money fast. As I write this Ethereum’s value has halved since June but is still 20x since January. Litecoin is up 12x since then. Even Bitcoin has tripled, again. It seems like everyone now has an opinion on, and a position in… Read More

Travis Kalanick reportedly sought to reassert control at Uber after ouster

 Just under two months after resigning from Uber, former CEO Travis Kalanick has reportedly asked some former colleagues if they would support him in a potential shareholder battle, according to a new report by The Information. You’ll periodically find these kinds of proxy fights happening at public companies, but after his ouster, it appears that Kalanick still may want to try to gain… Read More