What Shakeout?

1_TOP NEWS

For Tech Startups, Doomsday Hasn't Happen

When the coronavirus pandemic first hit in March, many technology startups braced themselves for The End, as business dried up, venture capitalists warned of dark times ahead and restructuring experts predicted the beginning of a “great unwinding” after a decade-long boom. Five months later, the New York Times reports, those doomsday warnings have not translated into the drastic shakeout that many had expected.


2_BUSINESS

Maybe Zoom and Skype Won't Kill Business Travel

 

A new study by the Harvard Kennedy School’s Growth Lab has found a direct link between a country’s incoming business travel and its economic growth, Fast Company reports. The study’s authors attribute this link to the movement of “knowhow”—a quantity that exists only in brains and is transferred from brain to brain through lived experiences.


3_ENTREPRENEURSHIP

Privacy-Law Compliance Is Hot


Atlanta-based OneTrust, which landed at No. 1 on this year's Inc. 5000, with more than $70 million in 2019 revenue and a 48,337 percent three-year growth rate, is among the global leaders in privacy-law-compliance technology. The firm builds a suite of digital tools that gives companies a clearer view of all the user data they accumulate, enabling them to comply with privacy laws.


4_INTERNET

Anonymous Is Back


The infamous hacker group Anonymous is reemerging from the shadows. But it's not the same group as before, The Atlantic reports.


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5_BROWSERS

Mozilla Cuts 250 Jobs, Affecting Firefox Development 

 

Mozilla, maker of the Firefox browser, is laying off 250 people, about a quarter of its workforce, explaining that the COVID-19 pandemic has significantly lowered revenue, Ars Technica reports. Mozilla's CEO told employees that "we are reducing investment in some areas such as developer tools, internal tooling, and platform feature development."


6_GEAR

A Peak at the Dual-Screen Surface Duo 


Microsoft spent five years working on a super-thin, dual-screen, hinged $1,399 phone to compete with Apple and Samsung. CNet got the first behind-the-screen look at the device, which features two 5.6-inch screens that can come together to form a larger display with a hinged seam down the center.


7_MOBILE

With COVID-19 and 5G, a Changed Smartphone World

 

With stores closed, an ongoing financial crunch and a key new technology, customers are changing how they buy phones — and which ones they buy. Both consumers and carriers could benefit, Protocol reports.


8_STARTUPS

Social Sentiment Firm ZenCity Raises $13.5 Million 


The Israeli company ZenCity has announced $13.5 million in new funding, its largest funding round to date, Government Technology reports. Founded in 2015, ZenCity makes software that collects data from public sources, such as social media and 311 requests, to help local government agencies identify the needs and priorities of their communities. The company has over 150 local government customers in the U.S. including the city of Los Angeles.


9_DESIGN

Embracing Emptiness in Web Design


In Web design, white space, or negative space, makes the difference between an ordered layout that’s easy to comprehend, and a chaotic, cluttered mess, UX Planet writes. You can gauge its success by how much people don’t recognize it.


10_SAY WHAT?

Politically Incorrect

 

Why was the name of Uganda’s biggest city trending on Twitter Tuesday night? Because Joe Biden announced Tuesday that California Sen. Kamala Harris will be his running mate — and social media was flooded with misspellings of her first name, Slate reports. One reason: iPhone autocorrect does not recognize the name Kamala. It tries to replace it with Kampala, the capital of Uganda.