tech industry

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Female Yahoo Exec Accused of Sex Harassment by Female

Woman claims she was coerced into sex, then fired when she put a stop to it

(Newser) - Sexual harassment complaints aren't uncommon in the tech industry, but a new one at Yahoo is making headlines because of an unusual twist: A female executive is accused of coercing a female subordinate into sex. The lawsuit filed by engineer Nan Shi says that her boss, mobile exec Maria...

Stop Bashing Silicon Valley Nerds
 Stop Bashing 
 Silicon Valley 
 Nerds 
OPINION
Jun 23, 2014 10:55 AM CDT

Stop Bashing Silicon Valley Nerds

They've become scapegoats: Noah Smith

(Newser) - Silicon Valley has taken some serious heat lately on many fronts; in fact, as Noah Smith puts it on Bloomberg View , it's effectively been branded the new "Mordor." Among its evils: "venture capitalists who trick bright young people into throwing their lives away on hopeless startups;...

The Internet's Workforce Is Faceless

We've forgotten that huge deals have a human toll: George Packer

(Newser) - Early 20th-century America had its factory workers; later decades had store employees. But today's Internet economy hides the faces of its workers, writes George Packer in the New Yorker . "Amazon’s workforce is made up mainly of computer engineers and warehouse workers, but when you think of Amazon...

Tech Milestone: Apple Outsells All Windows PCs

Company's products hit the mark for first time

(Newser) - Apple has an industry milestone to celebrate: In the fourth quarter, its computers outsold PCs that run on Windows for the first time globally, reports analyst Benedict Evans . He's not talking Macs only—Apple computers include iPhones, iPod Touches, and iPads. The development illustrates the "scale of mobile,...

It&#39;s Time to Re-Embrace 8-Hour Workdays
It's Time to Re-Embrace
8-Hour Workdays
OPINION
Jan 21, 2014 6:47 PM CST

It's Time to Re-Embrace 8-Hour Workdays

Tech industry in particular revels in long days: Nathan Pensky

(Newser) - It's like a "badge of honor" in the tech world for employees to put in long days under the mantra of "always connected" or "entrepreneurship as lifestyle," writes Nathan Pensky at Pando . And while such dedication might be necessary in the short term for a...

$500K? Not Enough to Woo Google Programmer

Startup founder's offer comes up about $2.5M short

(Newser) - Business Insider has a tale from Silicon Valley that might be educational for tech entrepreneurs looking to build a staff or college freshmen trying to figure out a major: The founder of a successful startup wooed a Google programmer with a seemingly generous salary offer of $500,000, only...

Samsung Owes Apple Another $290M

Damages are for copying features from iPhone, iPad

(Newser) - A Silicon Valley jury today added $290 million more to the damages Samsung Electronics owes Apple for copying vital iPhone and iPad features, bringing the total amount the South Korean technology titan is on the hook for to $930 million. The verdict covers 13 older Samsung devices that a previous...

Hey Tech Guys: Women Don't Want Massive Phones

Zeynep Tufekci describes her frustrations dealing with her too-big Nexus

(Newser) - Zeynep Tufekci was covering a protest in Istanbul when Turkish soldiers began firing tear gas into the peaceful crowd. She whipped out her phone—a Google Nexus 4—hoping to document the outrage, and clutching her bag with one hand, tried to snap a picture with the other. It was...

San Francisco Expensive? Think $4 Toast

Petition calls on mayor to get city's cost of living under control

(Newser) - A group in San Francisco has launched a petition urging the mayor to get the city's cost of living under control—and $4 toast is at the heart of it, reports the San Francisco Chronicle . This all started several weeks ago with a blog post in Venture Beat by...

Apple Sitting on Extraordinary Pile of Cash

As in, it holds 10% of all corporate cash out there

(Newser) - Apple CEO Tim Cook had dinner with billionaire investor Carl Icahn last night, and Icahn gave him an earful: He says he "pushed hard" for a $150 billion buyback for shareholders, reports Bloomberg . And as a new Moody's analysis shows, the company is sitting on an enormous cash...

Brutal Day for Blackberry: Cuts 40% of Workforce

Company reports $1B loss

(Newser) - Apple may be celebrating another successful iPhone rollout today, but it's a far different story for Blackberry. The company said it will lay off 4,500 employees, or 40% of its global workforce, as it reports a nearly $1 billion second-quarter loss a week earlier than expected. The stock...

Stop Trusting Geeks Like Obama
 Stop Trusting 
 Geeks Like Obama 
OPINION
Jun 3, 2013 12:30 PM CDT

Stop Trusting Geeks Like Obama

Like Google, Facebook, and co., Obama assures us he's got good intentions

(Newser) - Many people are confused by President Obama's relentless prosecution of Bradley Manning , and pursuit of other leakers . Isn't he supposed to be a Silicon Valley-style transparency-loving geek? That view is "charmingly naïve," writes Edward Luce at the Financial Times . "Obama is no traitor to...

Apple's 'Next Big Thing'? It's Already Here

iPad is going to surpass iPhone in importance, says Farhad Manjoo

(Newser) - With Apple's stock falling , everyone's wondering when the company will launch its "next big thing" to save the day, writes Farhad Manjoo at Slate . Will it be an iWatch or maybe a TV? Nope, turns out the next big thing actually arrived in 2010—it's called...

Tweet on Tech Sexism Snowballs Into Two Firings

Woman who complained about jokes, along with joke teller, are dismissed

(Newser) - Big drama in the tech world this week: A tweet complaining about some off-color jokes at a conference appears to have resulted in two people getting fired—including the woman who wrote the tweet. As the Independent recounts, it started when Adria Richards of the email company SendGrid overheard the...

Main Reason Old iPhones Fetch $200: Hoarding

People have $9B worth sitting at home, unused, says MarketWatch

(Newser) - Got any old phones kicking around? Probably, according to a new survey noted by MarketWatch . US consumers are sitting on about $34 billion worth of the old devices, based on current trade-in values. About half of US consumers have at least two. And of that $34 billion, iPhones account for...

Apple Shares Fall After Flat Earnings

Company's streak of big increases in profit ends

(Newser) - Apple's profit surge halted in the latest quarter, as a flood of new products such as the iPhone 5 meant high start-up costs for new production lines. Apple posted net income for the October-to-December quarter that was flat with the year before. It was the first time in years...

Obama Won the &#39;Makers,&#39; Romney the &#39;Takers&#39;
Obama Won the 'Makers,' Romney the 'Takers'
OPINION
Dec 5, 2012 1:52 PM CST

Obama Won the 'Makers,' Romney the 'Takers'

Harold Meyerson: Techies went for president, bankers for Romney

(Newser) - A look at this year's political contributions makes a few generalizations safe: If an employee of Google or Microsoft donated to a candidate, it was probably Barack Obama. If an employee at Goldman Sachs or Morgan Stanley did, it was probably Mitt Romney. In short, Silicon Valley loves Obama...

Ballmer on Windows 8: Whole Screen Is a 'Start Button'

Microsoft launches new operating system

(Newser) - Microsoft formally launched Windows 8 today, which, if you haven't heard, heralds the biggest change to the industry's dominant operating system in at least 17 years. It's designed to run on both PCs and tablet computers, and one of the biggest changes is the disappearance of the...

Google Halts Trading After Earnings Misfire

Report, a bad one, gets out early

(Newser) - Google plummeted almost $80 per share, more than 10%, and trading in the stock was halted two and a half hours today after a disappointing earnings report was published ahead of schedule and surprised investors. Bleak figures in the report about online advertising dragged down Facebook stock, too, and the...

Apple Earnings Disappoint


 Apple Earnings Disappoint 
Jul 24, 2012 3:59 PM CDT

Apple Earnings Disappoint

Company posts gains but fails to meet analyst expectations

(Newser) - Apple says its growth slowed in the most recent quarter, disappointing investors who thought its progress was unstoppable. In both revenue and net income, Apple posted the smallest increases in years for the April to June period, failing to meet analyst expectations.

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