Happy Wednesday, DawentsIT! Internal email shows Microsoft is raising stock ranges for senior employees by 20%., and Coinbase is slowing hiring.
Lets Get Into It:
ALL THINGS TECHNOLOGY NEWS YOU NEED TO KNOW TODAY
1.Internal email shows Microsoft is raising stock ranges for senior employees by 20%. Microsoft had previously confirmed new pay rises for early and mid-career staff, but now higher-ranking workers will also see a boost to their annual stock award ranges.
In Other News:
2.Netflix cuts more roles on top of laying off 150 people yesterday. The company has cut an additional 70 workers from its animation studio and 60-70 contractors from social media and publishing, adding to the slew of lay offs confirmed on Tuesday.
3.Coinbase is slowing hiring. The cryptocurrency exchange is walking back plans to triple its headcount, according to a blog post by the company’s COO.
4.Apple is delaying its return-to-office plan. The company is postponing its requirement that employees come in three days a week, Bloomberg reported. Instead, workers will have to come in only two days a week.
5.Introducing 35 rising stars of the electric-vehicle industry. Insider selected young professionals from companies like Rivian, Lucid, and Sila Nanotechnologies who are most likely to advance in their industry and move it forward.
6.The electric Ford F-150 Lightning’s best feature? Its front trunk. After test-driving the Lightning, Insider’s transportation reporter’s main takeaway was its spacious and easily accessible front trunk — or “frunk.”
7.Can Miami really hack it as the next Silicon Valley? The city memed itself into America’s newest tech utopia. But as the industry’s future wavers, many are beginning to wonder if Miami could actually thrive as a globally competitive tech hub.
–Plenty of towns — from Atlanta’s “Silicon Peach” to Salt Lake City’s “Silicon Slopes” — have attempted to replicate California’s success. If it plays its cards right, Miami could be one of the firsts to actually make it happen.
–The city has benefited from a crypto-loving mayor and the rise of remote work, which sent workers searching for home bases with a cheaper cost of living, better quality of life, and lower taxes. For many, Miami became a “have-it-all hub.”
–But now, Magic City is facing a reckoning: Make real change, or end up a cautionary tale about what happens when you place all your bets on a bubble.
8.Want an electric car? Be prepared for a long wait. Thanks to booming demand and a range of supply-chain issues, car companies Ford, Volkswagen, and Mercedes are sold out of EVs for months to come.
9.Amazon has tried to avoid federal investigations of some of its drone crashes. Documents obtained by Insider show Amazon’s Prime Air program tried to put off investigations into its crashes by claiming the company has the authority to investigate its own crashes.
10.Apple released new accessibility features. TechCrunch reported the new features include a universal live captioning tool, improved visual and auditory detection modes, and iOS access to WatchOS apps.
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