Thank you for joining us for 100 weeks of this insightful and adventurous journey throughout the technologies and trends of the future originating from Silicon Valley. Stay tuned and discover the future with us!

 

#1 | WEWORK SLASHES ITS IPO VALUATION BY BILLIONS DUE TO ACCUSATIONS OF OVERVALUATION

WeWork made public three weeks ago that their long-anticipated IPO filing would proceed soon, which has faced an increasing controversy. The debate on their self-branding as a tech company, which has been mentioned 123 times in their S-1 filing, and acquiring certain “we” trademarks from an LLC controlled by the CEO Adam Neumann in exchange for approximately $6 million in shares has now reached another level due to a possible overvaluation. Read more here: https://reut.rs/2lWo2Ax

#2 | Apple “sorry” that contractors listened to Siri recordings

Apple apologized for allowing human contractors to listen to people’s recorded conversations with Siri, a practice that helped the company determine whether its digital assistant accurately heard commands. The phone maker admitted that it hasn’t lived up to its image of a trusted steward of privacy. Moving forward, a human review will be an opt-in feature done in-house by Apple employees. Google and Amazon were also using similar practices for years but made substantial changes as a result of public backlash. Read more here: http://bit.ly/2ztJiBb

#3 | BAIDU SURPASSES GOOGLE IN SMART SPEAKER MARKET 

Google is no longer the world’s second-biggest vendor of smart speakers as Baidu has claimed that spot. The Chinese search giant now owns 17.3 percent of the global market, shipping 4.5 million products in the second quarter of 2019. But Amazon remains the dominant player in this sector claiming a quarter of the global market. Baidu, however, sells its smart speakers tech only in China while Google operates almost everywhere but China. And with the recent launch of the Nest Hub, the US corporation is hoping that India could provide new growth opportunities. Read more here: https://tcrn.ch/2k1VBkh

#4 | US border officials increasingly use social media content to deny entry to travelers 

U.S. Customs and Border Protection is increasingly using its right to search phones and deny entry to travelers, sometimes for arbitrary reasons. One of these cases happened recently when Ismail Ajjawi, a Palestinian national living in Lebanon and would-be Harvard freshman, was prevented from entering the U.S. because of the content found on his phone. But images and videos that immigration officers considered controversial were created by other social media users and automatically downloaded on a device. And this isn’t an isolated case as civil rights groups warn that the immigration policy on social media is reportedly strict towards minorities and is being used to deny them entry at the border. Read more here: http://bit.ly/2k1V4Pj

#5 | SPACEX’S DRAGON BREAKS RECORD WITH THIRD ISS RESUPPLY MISSION

A SpaceX Dragon capsule became the first such vehicle that transported materials and supplies to the International Space Station three times, making a successful return to Earth each time. It recently landed in the Pacific Ocean bringing 2,700 pounds of materials and results from experiments. Dragon is an important part of the efforts to make spaceflight more reusable and economical. And the next version of this capsule, called Crew Dragon, will be able to return astronauts too with initial flights scheduled either in late 2019 or 2020. Read more here: https://tcrn.ch/349IGyL

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