Virtual Skinny: Need A Moment

3.8.2016

Good to Know: Let’s take a moment of silence for Raymond Tomlinson, aka, the man who put the “@” in email addresses. He passed away at 74 over the weekend. #RIP 

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THE SKINNY


When People Are No Longer Checkin’ For You …

For the first time in five years, more U.S. residents are moving out of Silicon Valley than those that are moving in

When You Need To Rephrase That …

To be clear, the talent pool is still growing thanks to highly educated foreign-born workers but homegrown talent is dipping out of the area in search of more affordable housing.

When You’ve Been Replaced …

People are migrating to smaller tech hubs like Seattle and Austin with each city bringing additional 17,000 and 720 workers, respectively.  These days, turns out things are slowing all the way down in Silicon Valley and San Francisco’s tech sector (e.g., companies laying off peeps and venture capital money drying up).

WHAT ELSE IS GOING ON?


Good News, Finally …

Lately, it’s been a tough road for DraftKings, FanDuel, and fantasy sport sites in general. After a slew of bad news, the industry finally got a breaky-break. Virginia (VA) just passed the “Fantasy Contests Act,” intended to allow those sites to be on the up and up in the state.  The law would require these sites to do things like go through two independent audits each year, pony up US $50K to operate in Virginia, make sure all players on the sites are 18+, and make sure employees aren’t participating in their public contents, etc. Good looks, VA.

We’re Not Gonna Take This …

Last week, a New York federal judge said ‘nice try’ to the U.S. government in its against Apple, Inc. The government brought the case against Apple because the company refused to give it access to one of the iPhones involved in one of its investigations. Now, the government is appealing on account of it thinks that Apple can bypass the phone’s passcode to give the government access with no problems.  Per usual, we’ll keep you posted on how this appeal turns out …  In other news, Mac computers are under attack by Ransomeware. And, the software works in the way you’d think the name implies. Hackers infect your computer with the software, encrypt your data, and then the hackers ask you to hand over digital $$$ to get your data back. #SAVAGE

THE STREETS ARE TALKIN’


Taking advantage of the situation? Who knows, but what we do know is … After Facebook failed to convince India’s government to accept its Free Basics program to bring Internet access to rural India, Google is now in talks with Indian telecoms to kick off its Project Loon.  The project shares similar goals with Free Basics except it plans to use balloons to bring the people affordable Internet access.

Style Code Live, Amazon’s first live online show, is available tonight and is … wait for it … free! It’s a daily fashion and beauty show if you’re into that type of thing. In more Amazon news, it’s putting together its very own virtual reality program and is on the look out for a software development manager to take the lead. And, its second physical bookstore is setting up shop in San Diego. #GoodReads

Ryan Lewis, one-half of the Macklemore and Ryan Lewis duo, is getting into the startup game with his company Disruptive Multimedia featuring a tool called Superphone to scoop up info on customer relationship management and direct sales. The plan is to use the tool to figure out how to monetize audiences. Looks like venture capitalist and investor Ben Horowitz is here for it.

Virtual Skinny: Get the News While Well-Rested…

2.16.2016

Good to Know:  Make sure not to change the date on your iPhone to January 1, 1970. Unless of course, you want to destroy it. You’re welcome! 

THE SKINNY


Beep, Beep …

Unlike in Europe, carpooling hasn’t really been a thing in the U.S. But, could that be changing?

Not Feeling It … 

Americans aren’t into sharing a car ride with others. Only about 10% of U.S. commuters are doing it these days. One reason? Gas is cheaper in the U.S. than in other area. Oh, and no one in the U.S. has managed to come up with a bomb app to get people into carpooling.

Trying to Make ‘CarPooling’ Happen … 

New startup Scoop wants to be the go-to app for carpooling. It’s launched in San Francisco (for now) and is working with companies in the Bay Area whose employees aren’t close to public transit access. The idea is that these apps can take out the uncertainty with carpooling by taking care of the logistics planning and money transactions in advance. Unclear whether Scoop can help turn American attitudes around about carpooling especially since oil prices are at an all time low.

WHAT ELSE IS GOING ON?


When Your Current Mood is Damage Control …

Fantasy sports websites FanDuel and DraftKings are still reeling from the alleged insider trading scandal that happened last year.  After the media frenzy followed by the companies’ fallout with states like Nevada and New York, some companies that process payments for the sites decided it was time to go their separate ways. To stop the bleeding, both companies are leading the charge at the Fantasy Sports Association to influence state lawmakers across the country.  The group is unleashing an army of lobbyists to push states to pass laws that in part protect fantasy-sports operators. #FullCourtPress

When You’re Trying to Drum Up Support …

Nigeria’s economy is going through it right now. The country’s government put out some new monetary policies to try to save face, but these policies aren’t working as planned. Foreign reserves are depleting, and the government is look for ways to turn things around. So, the government is now turning to Twitter to encourage Nigerian citizens to do their part. The idea is that if Nigerians buy locally, then that’ll help restore some value in its currency (the Naira) and also help boost the economy.  Some people are all for it while others say that local options need to be just as quality as foreign imports. Also, there’s chatter about how Nigeria needs to look beyond the social media campaign and make the country more business-friendly. #BuyNaijaToGrowTheNaira

THE STREETS ARE TALKIN’


Apple Inc. is getting into original content. Who knew that it’s first foray into content was Drake’s ‘Hotline Bling’ music video? The company apparently had a role in its production and shelled out some cash to release the video via its streaming service. Up next? Its first original TV show with Dr. Dre. 

If at first you don’t succeed, dust yourself off and try again.  And, that’s exactly what Google did with Project Loon, its attempt to use balloons to bring wi-fi to remote areas. The company is planning a test run in Indonesia.

Making moves … Twitter’s former News Manager Mark S. Luckie is headed over to Reddit as its first-ever head of journalism and media.