Timeline - Techs
TRACKING news of big Techs. NOTE: everything listed down are purely coincident and are limited by my own experience - they appeared in my news feeds, social media, or in a discussion with my friends or coworkers so they were noted down. Zero guarantee of authenticity. Feel free to verify by yourself by checking the sources I provided or find your own sources.
● Buy iRobot
Amazon
2022-08-06
Amazon to Buy Roomba-Maker IRobot for $1.65B.
● Alibaba Facing Delisting
Others
2022-07-29
Move comes after Alibaba applied for primary listing in Hong Kong; its ADRs fell 11% on Friday
● Q2 Missed Exp.
Google
2022-07-26
Google parent Alphabet Inc. reported 2nd quarter revenue and missed the market expectation. However, the revenue of Ad shows resiliency.
● Q2 Missed Exp.
Microsoft
2022-07-26
Revenue 51.87B, expects 52.43B. Net profit 16.74B, expects 17.345B.
● Didi: 1.2B Fine
Others
2022-07-21
In slapping China’s ride-hailing giant, Didi Global, with a record $1.2 billion fine for data breaches, Beijing made clear to the country’s internet companies that their freewheeling days were over.
● Rivian Van Rollout
Amazon
2022-07-21
Amazon and Rivian plan to bring thousands of custom electric delivery vehicles to more than 100 cities by the end of this year, and 100,000 across the U.S. by 2030.
● Hiring Freeze
Google
2022-07-20
Alphabet's (NASDAQ:GOOGL) Google reportedly announced a hiring pause on Wednesday, stating it will stop hiring for two weeks, not long after announcing it would slow the pace of hiring.
● Slow Hiring
Microsoft
2022-07-20
Microsoft Corp. is eliminating many open jobs, including in its Azure cloud business and its security software unit, as the economy continues to weaken.
● Slow Hiring
Apple
2022-07-18
Apple Inc. plans to slow hiring and spending growth next year in some divisions to cope with a potential economic downturn, according to people with knowledge of the matter, Bloomberg News reports.
● Niantic: Lay Off
Others
2022-07-13
Gaming company Niantic Inc., which has struggled to find another big hit following its 2016 game Pokémon Go, canceled four projects and will cut about 85 to 90 jobs, whish is 8% of stuff.
● Share Ring Footage with Police
Amazon
2022-07-13
RING, AMAZON’S PERENNIALLY controversial and police-friendly surveillance subsidiary, has long defended its cozy relationship with law enforcement by pointing out that cops can only get access to a camera owner’s recordings with their express permission or a court order. But in response to recent questions from Sen. Ed Markey, D-Mass., the company stated that it has provided police with user footage 11 times this year alone without either.
● Slow Hire
Google
2022-07-12
Sundar's email: because of the hiring progress achieved so far this year. we'll be slowing the pase of hiring for the rest of the year, while still supporting our most important opportunities. For the balance of 2022 and 2023, we'll focus our hiring on engineering, technical and other critical roles, and make sure the great talent we do hire is aligned with our long-term priorities.
● Lay Off
Microsoft
2022-07-11
Microsoft Corp. cut some jobs on Monday as it realigned business groups and roles after the close of its fiscal year on June 30. It said it plans to keep hiring for other roles and finish the current fiscal year with increased headcount.
● Terminate Twitter Deal
Tesla
2022-07-08
July 8 (Reuters) - Elon Musk, the chief executive officer of Tesla (TSLA.O) and the world's richest person, said on Friday he was terminating his $44 billion deal to buy Twitter (TWTR.N) because the social media company had breached multiple provisions of the merger agreement.
● Rumor (busted): Large-Scale PIP
Meta
2022-07-08
RUMOR: Meta manager is sent a note to "figure out how in the team needs 'performance support' and label in the tool". The note also said "Every manager needs to think about each person on their team and the value they are adding to Meta. If a direct report is coasting or a low performer, they are not who we need; they are failing this company."
● Rumor: No Intern Return Offer
Meta
2022-07-07
RUMOR: Meta stops giving return offer to interns who completed internship
● FedEx Moves To Cloud
Others
2022-07-01
FedEx is to close its data centers and retire all of its remaining mainframes within the next two years.
● Rumor: Hiring Freeze
Google
2022-06-30
Blind: "My recruiter just informed me that they're holding off on scheduling onsites for the next two weeks until they get a confirmed headcount from the execs. Also from other posts it seems like this is the case."
● Unity: Lay Off
Others
2022-06-30
Unity, a software development firm behind the famous game engine has reportedly removed hundreds of employees, the recent report says.
● 200 Layoffs in AP
Tesla
2022-06-28
Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric-vehicle maker shuttered a California facility, according to people familiar with the matter.
● CodeWhisperer
Amazon
2022-06-24
Amazon CodeWhisperer is a machine learning (ML)–powered service that helps improve developer productivity by generating code recommendations based on their comments in natural language and code in the integrated development environment (IDE).
● Health Care
Google
2022-06-22
Alphabet is spending billions to become a force in health care. Yet it is Alphabet, Google’s corporate parent, whose health-care ambitions seem to be the most vaulting. Between 2019 and 2021 Alphabet’s venture-capital arms, Google Ventures and Gradient Ventures, and its private-equity unit, CapitalG, made about 100 deals, a quarter of Alphabet’s combined total, in life sciences and health care.
● MindGeek: CEO Resign
Others
2022-06-22
Pornhub owner MindGeek has lost two high-level executives: CEO Feras Antoon and COO David Tassillo, as first reported by Variety. Their resignation comes shortly after The New Yorker released a scathing report detailing the holes in the company’s content moderation system, which has failed to address videos depicting underage and non-consenting individuals.
● Copilot Goes Public
Microsoft
2022-06-21
Do you want to start using GitHub Copilot today? Get started with a 60-day free trial, and check out our pricing plans. It’s free to use for verified students and maintainers of popular open source software.
● 3 Rockets in 36H
Tesla
2022-06-19
SpaceX has successfully completed three Falcon 9 launches in just over 36 hours, highlighting the company’s continuous push towards ever-higher launch cadences in 2022.
● Unionize
Apple
2022-06-18
APPLE RETAIL EMPLOYEES have won their first US union. After the tally concluded late Saturday night, workers in Towson, Maryland had voted 65 to 33 to join the International Association of Machinists and Aerospace Workers. One hundred and ten employees were eligible to cast ballots.
● Cult
Google
2022-06-16
"I worked for Google for about three and a half years as a video producer. I was fired because I raised alarm about a doomsday cult that dominated my former team there."
● IE Retired
Microsoft
2022-06-15
After 25+ years of helping people use and experience the web, Internet Explorer (IE) is officially retired and out of support as of today, June 15, 2022. To many millions of you, thank you for using Internet Explorer as your gateway to the internet.
● Redfin: Lay Off
Others
2022-06-14
Seattle-based Redfin will lay off 8% of its employees as the housing market cools off and its share price tanks. “With May demand 17% below expectations, we don’t have enough work for our agents and support staff, and fewer sales leaves us with less money for headquarters projects,” CEO Glenn Kelman wrote Thursday in a message to employees that was also posted on the company’s blog.
● AI Sentient?
Google
2022-06-13
According to an eye-opening tale in the Washington Post on Saturday, one Google engineer said that after hundreds of interactions with a cutting edge, unreleased AI system called LaMDA, he believed the program had achieved a level of consciousness.
● Coinbase: Lay Off
Others
2022-06-13
The company said Tuesday it will reduce its workforce by 1,100 employees, or about 18% of its staff, as part of its efforts to manage operating expenses. In a letter to all employees, Chief Executive Brian Armstrong said “our employee costs are too high to effectively manage this uncertain market.”
● Buying Land
Amazon
2022-06-13 · 2022-06-14
Amazon Builds Property Empire, Quietly Buying Land Across the US. The company has spent billions of dollars on real estate it plans to use for a new generation of multi-story warehouses. Now online sales growth is slowing.
● Anti Unionization
Amazon
2022-06-12 · 2022-06-13
As Amazon prepares to argue that the union victory in Staten Island should be overturned, employees around the country are accusing the company of using illegal anti-union tactics
● MR Manager Resigned
Microsoft
2022-06-09
Microsoft HoloLens boss Alex Kipman is out after misconduct allegations. Insider is reporting that Microsoft’s Alex Kipman, who led the teams that developed the company’s HoloLens augmented reality headset and the Kinect motion controller for Xbox and serves as one of Microsoft’s top technical fellows, has resigned after allegations of verbal abuse and sexual harassment.
● Halt Project
Meta
2022-06-08
Meta Halts Development of Apple Watch Rival with Two Cameras. Facebook parent company Meta Platforms Inc. has halted development of a smartwatch with dual cameras and is instead working on other devices for the wrist, according to a person with knowledge of the matter.
● WWDC
Apple
2022-06-06
Apple Inc. unveiled the most significant overhaul to its popular MacBook Air laptop in more than a decade, bringing a fresh design, new colors and a speedier M2 processor from its homegrown chip line.
● Stock Split
Amazon
2022-06-06
Amazon, whose 20-for-1 split took effect Monday, is among companies whose stocks have tumbled since the moves were announced amid a broad market selloff that’s been especially painful for the technology sector. Shares of the e-commerce giant rose 2% in New York after the split, but shares are still down about 10% since reporting the plan in March. Alphabet, which announced a similar proposal in February, is down 17% since then.
● Instacart: Hiring Freeze
Others
2022-06-04
Community news. No official announcement found.
● Clubhouse: Lay off
Others
2022-06-04
Clubhouse, the social audio app that became a big hit during the early days of the pandemic, laid off multiple employees this week, according to people familiar with the reductions. The layoffs are part of a broader restructuring and rethinking of the audio app’s strategy.
● False Alarm?
Tesla
2022-06-04
"Total headcount will increase, but salaried should be fairly flat"
● Lay Off
Tesla
2022-06-03
Elon Musk emailed Tesla executives on Thursday, Reuters reports, telling them the company needs to pause hiring worldwide and cut its workforce by about 10 percent. At the end of 2021, Tesla said in a filing that it had 99,290 employees worldwide. In the email seen by Reuters, Musk cites his “super bad feeling” about the economy.
● Kindle Exits CN
Amazon
2022-06-01
The e-commerce giant will discontinue the Kindle eBook store on June 30, 2023, a spokesperson said in an emailed statement. It promised to continue supporting Kindle readers or refund any device purchases made after January this year.
● COO Left
Meta
2022-06-01
June 1 (Reuters) - Meta Platforms Inc (FB.O) Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world's biggest social network, is leaving the company after 14 years, she said in a Facebook post on Wednesday.
● RTO or Fired
Tesla
2022-06-01
Tesla Inc. Chief Executive Officer Elon Musk sent an email late Tuesday to “Everybody” at his electric-car company, elaborating on an earlier missive to executive staff about the need to be in the office. Employees at numerous companies, used to working from home or hybrid policies, have revolted against "RTO" policies and long commutes.
● Coinbase: Hiring Freeze
Others
2022-05-28
Coinbase: "TL;DR: In response to the current market conditions and ongoing business prioritization efforts, we will extend our hiring pause for both new and backfill roles for the foreseeable future and rescind a number of accepted offers."
● Slow Hiring
Microsoft
2022-05-26
Microsoft Corp. will slow hiring in its Windows, Office and Teams chat and conferencing software groups, citing a need to realign staffing priorities as it approaches a new fiscal year in a time of global economic uncertainty.
● Raise Base Salary Cap
Apple
2022-05-25
May 25 (Reuters) - Apple Inc (AAPL.O) will raise the starting pay for its U.S. employees, the iPhone maker said on Wednesday, as companies face a tight labor market and a surge in unionization efforts amid rising inflation.
● Warehouse Challenged
Amazon
2022-05-25 · 2022-05-26
AMAZON’S ORGANIZING WAREHOUSE workers have been rattling the ecommerce giant, winning union elections, and staging walkouts to agitate for better working conditions. Now, one worker is trying a novel tack. Today, Daniel Olayiwola will become the first warehouse worker in company history to present his own resolution at Amazon’s annual shareholder meeting.
● Lyft: Slow Hiring
Others
2022-05-24
May 24 (Reuters) - Ride-hailing firm Lyft Inc (LYFT.O) said on Tuesday it would slowdown hiring and assess budget cuts in some departments, joining rival Uber Technologies Inc (UBER.N) in attempting to rein in costs.
● Hiring Freeze
Meta
2022-05-18
Meta is pulling back its investments in a number of products, including the teams it spun up early in the pandemic to compete with Zoom and build shopping features, The Verge has learned. In addition to a hiring freeze for certain engineering roles, the company also recently paused the hiring of recruiters and low-level data scientists.
● Netflix: Lay off
Others
2022-05-17
Netflix is laying off around 150 employees across the company, CNBC confirmed Tuesday. The eliminated positions represent less than 2% of the streamer’s 11,000 staffers, with most of the cuts happening in the U.S.
● Too Many Warehouses
Amazon
2022-05-16 · 2022-05-17
WIRED: Amazon Has Too Many Warehouses. Now Sellers Are Paying More sellers keep getting hit with fee increases—at a time when shelves are sitting empty.
● Boost Pay
Microsoft
2022-05-16
Microsoft Corp. said it plans to "nearly double" its budget for employee salary increases and boost the amount of stock compensation it gives some workers by at least 25 percent, in an effort to retain staff and help people cope with inflation.
● Uber: Slow Hiring
Others
2022-05-12
Uber is the latest tech giant to slow its hiring in response to current market pressures. That slowdown is part of a larger push to cut costs, and comes even as the company’s core ride-sharing business rebounds from its pandemic lows.
● Unionize
Amazon
2022-04-01
A SCRAPPY GROUP of Amazon workers in Staten Island, New York, has taken on the trillion-dollar ecommerce company and won. In a stunning victory on Friday, the Amazon Labor Union became the first group in history to unionize a US Amazon warehouse. Workers voted 2,654 to 2,131 in favor of union representation for 8,300 workers. As of Friday, 67 ballots remained challenged on grounds such as voter eligibility, too few to alter the result.
● Raise Base Salary Cap
Amazon
2022-02-07
Amazon.com Inc. is more than doubling the maximum base salary it pays employees to $350,000 from $160,000.