I got a contact high just reading this profile of WeWork’s founder
- The Verge’s newsroom lights up every time a new WeWork story hits because it’s legitimately one of the wildest companies we’ve ever seen — and we’ve seen some wild ones.
- (We once went deep covering a company that made a $700 Wi-Fi-connected juicer, which now seems infinitely quaint by comparison.) For one of the best stories you’ll read all year, you must visit The Wall Street Journal today, where Eliot Brown published a captivating profile of Adam Neumann, the CEO and founder of The We Company.
- Again, you can read about all of this and more over at The Wall Street Journal.
- It’s worth the subscription.
- Command Line delivers daily updates from the near-future.
US‘ fiber broadband shortage: Only 30% of homes have fiber access
- Fiber broadband is now available to more than 30% of households across the US, and fiber networks should reach 50% of homes by 2025, a new study says.
- But fiber isn't universally deployed through big cities either, as the industry report projects that 33.9 million households in densely populated urban and suburban areas still won't be covered by fiber in 2025.
- Expanding fiber access would dramatically improve home Internet service, and it could help fill some of those mobile broadband gaps, since cellular networks rely on fiber lines for bandwidth.
- The FCC's Connect America Fund has been giving money to ISPs to deploy rural broadband since 2011, but it has mostly focused on providing lower-speed broadband instead of fiber.
- FCC Chairman Ajit Pai is proposing to continue the funding with $20.4 billion over 10 years, and to use at least some of that to deploy fiber networks capable of delivering gigabit speeds.
OnePlus 7T Pro render shows familiar design with a new camera sensor
- The OnePlus 7T Pro isn’t expected to come to the United States, as it doesn’t look like that much of an upgrade over the impressive 7 Pro from earlier this year.
- Just yesterday, OnePlus itself offered a first glimpse of the standard OnePlus 7T, which changes up the look a bit with a circular camera array.
- According to PhoneArena, Verizon might exclusively sell the “OnePlus 7T Pro 5G McLaren Edition,” which has got to be up there with the most absurd phone names in history.
- Imagine the type of commercial Verizon will make for a phone called the OnePlus 7T Pro 5G McLaren Edition.
- Separate from all this, the standard OnePlus 7 Pro was recently certified as a bring-your-own-device (BYOD) phone on Verizon’s network, but that doesn’t necessarily mean anything.
On Roku and Amazon Fire TV, Channels Are Watching You
- On Wednesday, researchers from Princeton University and the University of Chicago detailed the tracking that happens behind the scenes in over 2,000 channels on Roku and Amazon Fire TV streaming devices.
- They found that 89 percent of Amazon Fire TV channels and 69 percent of Roku channels contained easily spottable trackers that collected information about a viewing habits and preferences, along with unique identifiers like device serial numbers and IDs, Wi-Fi network names, and the Wi-Fi identifiers known as MAC addresses.
- For example, switching on Limit Ad Tracking stopped all Roku channels from sending a user's "AD ID," but almost as many channels still sent device serial numbers out regardless of the setting.
- Just this week, researchers from Northeastern University and Imperial College London had similar findings in a survey of smart TVs. But given how small and innocuous streaming devices seem, it's important for consumers to understand what's going on behind the scenes.
Can a Data Center Outage Database Help Prevent Outages?
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- Suppose a service outage at a data center were an unsolved crime in a detective novel — a good one.
- No database of data center event logs is as interesting as a crime novel, but it should contain all the data pertaining to the cause of an incident.
- Here’s the challenge: How much data must be pooled from all the facilities before we can determine not only a pattern but a formula for incidents, one that can be used to diagnose them before they occur?
- The answer may lie in determining first just how many similarities there are from one data center to another – an amount that appears to be shrinking.
The 20 highest-paying companies in Silicon Valley in 2019
- Recent findings from Glassdoor show the Valley's highest-paying tech companies boast median salaries ranging from $133,000 to almost $171,000.
- Many of these companies — including big names like LinkedIn and Google— appeared in previous Glassdoor reports, while this year's lineup also welcomed some new names.
- A part of Roche — which is based in Pleasanton, California — the biotech and pharmaceutical company generates over $10 billion a year.
- Founded one year after Adobe, the computer hardware and software company Veritas is located in Mountain View, California.
- The company was founded in 1986 and generates between $2 and $5 billion per year, according to Glassdoor.
- Based in San Mateo, California, the gaming company was founded in 1994.
- While its parent company is based in Round Rock, Texas, the tech division is headquartered in Palo Alto, California.
- Also based in Santa Clara, California, the security company Palo Alto Networks was founded in 2005.
Rent the Runway CEO Jennifer Hyman says she has to justify her company’s “right to exist” to male investors
- Rent the Runway CEO Jennifer Hyman runs a unicorn-status company with a billion dollar valuation in a rapidly growing industry, but she still finds herself explaining her business’ “right to exist” to venture capitalists — nearly 90 percent of whom are men.
- In March, the company raised $125 million at a billion dollar valuation.
- She said the company’s subscriber base is growing 100 percent year over year, and that Rent the Runway stores are seeing 10 times the volume of transactions that they were two years ago.
- Hyman was also thankful for the female investors who helped lead the company’s last round of funding and said there should be more women with the opportunity to fund new businesses.
- Correction: A previous version of this article misstated a statistic about Rent the Runway’s in-store transactions.
Scientists came up with a reasonable plan to build an elevator to the Moon
- It’s not quite a “Stairway to Heaven,” but scientists have come up with what appears to be a perfectly feasible plan to build an elevator to the Moon.
- In a paper published in late August, astrophysicists Zephyr Penoyre and Emily Sandson of the University of Cambridge and Columbia University respectively, describe a method for the construction of a 322,000 kilometer-long (200,000 miles) cable anchored to the Moon and dangled across space into the Earth‘s gravitational field.
- Originally it involved tethering a length of cable made from nanofibers (that are, so far, technologically infeasible) to a counterweight in the Earth‘s gravity, then stretching it out towards the Moon.
- Classic space elevators are supported by centrifugal forces, and thus require a large counterweight beyond geostationary orbit to counteract Earth’s gravitational pull.
- It’s not just an elevator to the Moon – it could be the extraterrestrial equivalent of the advent of railroad technology.
Jamie Dimon Quashes Recession Fears — Here's Why He's Wrong – CCN.com
- Despite worries of an impending global recession, Jamie Dimon is still feeling rather positive about the state of the U.S. economy — but his sentiment might be misguided.
- The rate of people in the United States that are out of work hasn't been this low since Americans landed on the moon and, traditionally, has been a reliable indicator that a recession is in the near future.
- In simple terms, unemployment rates bottom out in times of peak prosperity and peak during the worst periods of an economic recession — suggesting the U.S. economy may be close to topping out.
- According to Duke University's CFO Global Business Outlook survey — a well-respected and reliable survey — for Q3 2019, the majority of respondents believe a recession is likely to occur before the 2020 election.
Dow Mounts Stunning Recovery to Erase Brutal 200-Point Loss – CCN.com
- The Dow Jones dropped sharply after the Federal Reserve cut interest rates by 25 basis points to 1.75%, only to mount a stunning recovery in late afternoon trading.
- The US dollar surged, with Treasury yields hitting the Dow hard as the stock market trembled under the extraordinary situation of three FOMC members dissenting.
- Shortly before the closing bell, the Dow Jones Industrial Average had erased more than 200 points of losses to advance to a slight gain.
- The Nasdaq and S&P 500 reported slight losses but tracked closely with the Dow Jones as markets seesawed in response to the profound disunity within the FOMC.
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