DawentsIT: All Things in Technology news you need to know this Monday-
1.Apple is expected to reveal new MacBook Pros today.The company’s “Unleashed” event is streaming live at 1 p.m. ET, where it’s slated to unveil much-anticipated MacBook Pros, and possibly a new Mac Mini and the AirPods 3.
2.Instagram uses most of its $390 million global advertising budget to target teens. According to The New York Times, the company sees the loss of teenage users as an “existential threat” — and uses hundreds of millions of dollars to retain and attract young users.
3.The Elizabeth Holmes trial: The defense gets smacked down twice in one day. Journalists and their publications argued three separate matters before the court, including attorneys’ attempt — and failure — to bar reporter John Carreyrou from the trial.
4.iPhone maker Foxconn will reveal three electric vehicles today. The company teased the new EVs — a bus, a sedan, and an SUV — in a video.
5.Facebook says it uses AI to identify and remove posts containing hate speech and violence. Experts say it doesn’t really work. The Wall Street Journal reported that senior engineers say the system only removed posts that generated just 2% hate speech viewed on the platform.
6.Apple fired another employee who brought attention to issues at the company. According to The Verge, the company fired a program manager who helped create the #AppleToo worker movement, marking the second employee to be let go in recent months for similar reasons.
7.Netflix fired the organizer of a trans employee walkout. Netflix fired the employee — who led a protest against the company’s handling of Dave Chappelle’s comedy special — for leaking financial information to Bloomberg.
8.Porsche is now selling more electric Taycans than its flagship sports car. While only in its second year of production, the Porsche Taycan EV is already starting to outsell the brand’s iconic 911.
9.Andreessen Horowitz has a fresh $2.2 billion to invest in crypto — and is hiring people to help spend it. The famed venture firm has been scooping up Gen Z VCs and experts to help it push further into crypto.
10.The cloud software industry is at a moment of reckoning — and winners and losers will be made. Cloud software growth is dipping as pandemic restrictions ease, but Wall Street still wants more, forcing companies like Zoom to find new ways to grow.
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