Tuesday, May 4, 2021

10 things in tech you need to know today

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10 THINGS IN TECH YOU NEED TO KNOW TODAY

A Yahoo logo is pictured in front of a building in Rolle, Switzerland December 12, 2012.  REUTERS/Denis Balibouse

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1. Verizon has sold Yahoo and AOL for $5 billion. The new owner is private-equity firm Apollo Global Management. Going forward, AOL and Yahoo will be known solely as Yahoo. More on the sale here. 

2. Bill and Melinda Gates are ending their marriage after 27 years. The billionaire Microsoft cofounder tweeted the announcement on Monday afternoon. Take a look back at the work the couple accomplished through the years.

3. A startup promised influencers the Hollywood dream — but insiders say it came at a cost. Clubhouse Media Group built a business running mansions where TikTok influencers could live and produce content. But some said the CEO bullied talent, made misogynistic comments, and treated their personal lives like "a game." Inside our exclusive investigation.

4. Apple and Fortnight's battle began with a 2 a.m. declaration of war. Apple and the maker of "Fortnite" are going to court this week in the culmination of a year-long spat (which we explain in detail here). But before there was a lawsuit, there was an early morning call to arms — an email you can read here. 

5. Facebook's Oversight Board will announce the fate of Donald Trump's banned account on May 5. On Wednesday, after five months of deliberation, Facebook will announce what will happen to Trump's account. Everything you need to know.

6. Mark Zuckerberg just bought 600 acres of land in Hawaii for $53 million. The purchase brings their total landholdings on Kauai to more than 1,300 acres. Here's what he's planning to do with the area. 

7. Twitter is opening its exclusive audio chat rooms, called Spaces, to more people. Twitter's audio push is ramping up as Clubhouse's excitement is waning. Now, Twitter users with at least 600 followers can host spaces, and Twitter is planning to add a way for hosts to earn money off of ticket sales. Get the full rundown.

8. Elon Musk's compensation package is now worth more than $30 billion. Tesla's first-quarter earnings last week met revenue and profit milestones needed to unlock an additional 17 million shares for Musk. More on Musk's compensation.

9. About a third of Basecamp employees quit after the CEO banned politics and shuttered the DEI committee. At least 18 of the company's 58 employees took severance packages, with some describing an autocratic culture. Experts and employees weighed in on the CEO's decision.

10. Experts ranked all the power players in the world of self-driving cars. Guidehouse Insights released its 2021 ranking of companies working on self-driving tech, including Amazon's self-driving unit, Tesla, and Waymo. See who came in first — and last.


Compiled by Jordan Erb. Tips/comments? Email jerb@insider.com or tweet @JordanParkerErb.

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