- REUTERS/Lucas Jackson
Good morning! Here’s the technology news you need to know this Friday morning.
1. Lyft says it’s investigating whether employees accessed customer records of their exes and Mark Zuckerberg. The allegations are reminiscent of an Uber employee’s use of that company’s so-called God View tool to track a reporter’s movements.
2. The billionaire who controls electric-car startup Faraday Future is being pursued by another company he founded for billions in unpaid debt. Jia Yueting may have to give up a piece of the company and several others in which he owns a stake.
3. Intel beat big in its fourth quarter earnings. Fourth quarter revenues were up 4% from 2016, and earnings per share were up 37%.
4. George Soros called Facebook and Google a “menace” to society and “obstacles to innovation.” The Hungarian businessman said that “social-media companies influence how people think and behave without them even being aware of it.”
5. Benchmark has dropped its lawsuit against Travis Kalanick and can never sue him over this issue again. Dropping this suit was part of the deal that sold 15% of Uber to SoftBank.
6. Twitter is reportedly experimenting with a Snapchat-style design to make posting videos easier. A working demo for the feature reportedly exists, but could change over the next several months since no release date has been set.
7. Investors aren’t happy with Theresa May’s call for them to “put pressure” on tech companies. May said that “investors can make a big difference here by ensuring trust and safety issues are being properly considered.”
8. Dell is reportedly considering an IPO and other strategic options. The company will reportedly hold a board meeting this month to discuss its options.
9. Twitter said only 1% of accounts in a massive pro-Brexit bot network were registered in Russia. Big tech firms are under huge pressure to investigate how Russia may have used their platforms to spread misinformation during international elections and votes.
10. In a cryptic letter, Airbnb’s CEO announced a new board member – and said that it’s now an “infinite company.” Outgoing American Express CEO Ken Chenault will be joining Airbnb’s board of directors.