Business, Spoken

For startups, achieving unicorn status is a big deal. Companies valued at more than $1 billion look more formidable to competitors, customers, and recruits---and less like the fly-by-night startups they may actually be. Thus, for the past three years, startup founders have asked investors to grant them billion-dollar valuations, regardless of whether they’re worth that by any traditional business metric. Learn about your ad choices: dovetail.prx.org/ad-choices

Tucked into a back corner far from the street, the baby-food section of Whole Foods in San Francisco’s SoMa district doesn’t get much foot traffic. I glance around for the security guard, then reach towards the apple and broccoli superfood puffs. After dropping them into my empty shopping cart, I put them right back. “Did you get it?” I ask my coworker filming on his iPhone. It’s my first paid acting gig. Learn about your ad choices: dovetail.prx.org/ad-choices

Tristan Harris holds his iPhone in the air, so the whole crowd of educators, technologists, doctors, and researchers before him can see the virtual wasteland of his iPhone's home screen. Gone are the cluttered, candy-colored icons that a busy brain sees as digital snacks. In their place are but a few utilitarian apps, all set to the same bleak palette of black and white. Learn about your ad choices: dovetail.prx.org/ad-choices

The tech industry is having a moment of reflection. Even Mark Zuckerberg and Tim Cook are talking openly about the downsides of software and algorithms mediating our lives. And while calls for regulation have been met with increased lobbying to block or shape any rules, some people around the industry are entertaining forms of self regulation. Learn about your ad choices: dovetail.prx.org/ad-choices

Crisis Text Line, a nonprofit that offers emotional support through text messaging, has spent four years connecting people in extreme emotional duress with online counselors. Now its founder is creating a startup called Loris.ai to help companies teach employees how to communicate. “There are a lot of companies right now that are fearful of having hard conversations,” says Nancy Lublin, the founder of both Crisis Text Line and Loris.ai. Learn about your ad choices: dovetail.prx.org/ad-choices

JPMorgan Chase has plenty of “quants” who hunt profits with computers. In 2018 the bank is adding employees you might call quantums. The computers they’ll use work on data using the intuition-defying processes of quantum mechanics. America’s largest bank by assets is forming a small group of engineers and mathematicians to examine how quantum computers could help in areas such as trading or predicting financial risk. Learn about your ad choices: dovetail.prx.org/ad-choices

Depending on who you ask, blockchains are either the most important technological innovation since the internet or a solution looking for a problem. The original blockchain is the decentralized ledger behind the digital currency bitcoin. The ledger consists of linked batches of transactions known as blocks (hence the term blockchain), and an identical copy is stored on each of the roughly 200,000 computers that make up the bitcoin network. Learn about your ad choices: dovetail.prx.org/ad-choices

In May of 2017, nearly a year after Gawker shut down, a story mysteriously disappeared from its archives. The 2015 article detailed leaked emails written by Sony Pictures CEO Michael Lynton, which had become public after the company’s servers were breached in 2014. The story was removed as the result of an undisclosed lawsuit—and served as a troubling reminder that journalism on the internet is fragile, and subject to censorship by wealthy and well-connected individuals. Learn about your ad choices: dovetail.prx.org/ad-choices

Not long after Uber’s pugnacious founders first tested their app among San Franciscans, a pair of Harvard Business School classmates from Malaysia seized upon a similar idea: They wanted to build Uber, but for Asia. In 2012, they launched a ride-sharing service with 40 drivers in Kuala Lumpur. Eventually, they settled on the name Grab. Six years later, Grab dominates the ridesharing market in Southeast Asia, boasting 2.3 million drivers in 168 cities across eight countries. Learn about your ad choices: dovetail.prx.org/ad-choices

So you still have no idea how to talk about cryptocurrencies at a cocktail party. That's fine: Your livelihood doesn't depend on it. But for a certain segment of the population—investors, industry analysts, lawyers, really anyone who's tech-adjacent for a living—it's suddenly their job to have something "smart" to say. And if they have any hope of establishing themselves as authorities on the subject, they're not allowed to shut up about crypto. Learn about your ad choices: dovetail.prx.org/ad-choices

For the past few years, Facebook’s quarterly earnings calls have been something of a victory lap. Even at its massive scale---$40 billion in annual revenue and more than half of the world’s internet users, the company manages to grow consistently each quarter, even beating analyst expectations. Wall Street has rewarded the company with a stock price that can only go up, increasing 560 percent in five years and placing Facebook among the most valuable companies in the country. Learn about your ad choices: dovetail.prx.org/ad-choices

Artificial intelligence is overhyped—there, we said it. It’s also incredibly important. Superintelligent algorithms aren’t about to take all the jobs or wipe out humanity. But software has gotten significantly smarter of late. It’s why you can talk to your friends as an animated poop on the iPhone X using Apple’s Animoji, or ask your smart speaker to order more paper towels. Learn about your ad choices: dovetail.prx.org/ad-choices

In the first issue of WIRED, published 25 years ago this year, founding editor Louis Rossetto declared that “in the age of information overload, THE ULTIMATE LUXURY IS MEANING AND CONTEXT.” (Caps his.) If anything, that simple observation rings even truer today. That’s why WIRED has always valued depth. We dig deep into our subjects, reveling in wonky engineering details that other publications skip. We think deep thoughts about the future. Learn about your ad choices: dovetail.prx.org/ad-choices

Virgil Griffith discovered the allure of hacking in 1993, while slumped at an Intel 80386 system in Tuscaloosa, Alabama. He was 10, and he was on a losing streak at Star Wars: X-Wing. To hit the leader­board, he’d need a fleet of ace wingmen, but he only had one X-Wing fighter that could hold its own in the game’s World War I–style dogfights. Desperate times call for desperate measures. Learn about your ad choices: dovetail.prx.org/ad-choices

The interstate highway system wasn't built in the name of convenience or even commerce. When President Dwight D. Eisenhower signed the Federal Aid Highway Act of 1956, he did it in the name of national security. In fact, the official name of the system is the Dwight D. Eisenhower National System of Interstate and Defense Highways. Now some in the Trump administration are arguing that the federal government should build a broadband wireless network for much the same reason. Learn about your ad choices: dovetail.prx.org/ad-choices

A coalition of 97 child health advocates sent a letter to Mark Zuckerberg on Tuesday asking him to discontinue Messenger Kids, a new advertising-free Facebook app targeted at 6-to-12-year olds. Advocates say the app likely will undermine healthy childhood development for preschool and elementary-school-aged kids by increasing the amount of time they spend with digital devices. Learn about your ad choices: dovetail.prx.org/ad-choices

The cryptocurrency world, with its volatility, is all about FUD—fear, uncertainty, doubt. And nothing is generating more FUD right now than an unusual currency called tether. Unlike bitcoin and its many siblings, tether is what is called a stablecoin, an entity designed to not fluctuate in value. With most cryptocurrencies prone to wild swings, tether offers people who dabble in the market the option of buying a currency that its backers say is pegged to the US dollar. Learn about your ad choices: dovetail.prx.org/ad-choices

Chalk it up to a New Year’s Resolution or maybe just the ongoing fallout from Russian meddling in the 2016 election, but Facebook founder and CEO Mark Zuckerberg is looking to do things a little differently this year. At the beginning of January he posted that his goal for 2018 is to “focus on fixing… important issues” facing his company, referring to election interference as well as the issues of abusive content and addictive design. Learn about your ad choices: dovetail.prx.org/ad-choices

James Altucher would like to remind us of the math behind cryptocurrency: Two hundred billion dollars in supply. Two hundred trillion dollars of potential demand, even more if you throw in contract law. There’s 10,000 man-years of science behind it. The investment opportunity is bigger than you think, and trust him, he knows. Learn about your ad choices: dovetail.prx.org/ad-choices

There’s a trust crisis afoot. Earlier this week, Edelman’s annual Trust Barometer report suggested that trust is collapsing in America. In a survey of 33,000 people across more than 28 countries, only a third of Americans responded that they trust the government, a 14 percentage point decline from last year. Fewer than half of us trust the media. Learn about your ad choices: dovetail.prx.org/ad-choices

Fired Google engineer James Damore says he was vilified and harassed for questioning what he calls the company’s liberal political orthodoxy, particularly around the merits of diversity. Now, outspoken diversity advocates at Google say that they are being targeted by a small group of their coworkers, in an effort to silence discussions about racial and gender diversity. Learn about your ad choices: dovetail.prx.org/ad-choices

In 1978 a young woman named Maria Klawe arrived at the University of Toronto to pursue a doctorate in computer science. She had never used a computer—much less written a line of code—but she had a PhD in math and a drive to succeed in a male-dominated field. She was so good that, nine months later, the university asked her to be a professor. Today, however, computer science is one of the few STEM fields in which the number of women has been steadily decreasing since the ’80s. Learn about your ad choices: dovetail.prx.org/ad-choices

Amazon's list of finalists for the location of its second headquarters holds few surprises. Following months of hype in cities and small towns across America, the 20 that made the final cut are altogether expected—major business centers and transit hubs like New York, Boston, Atlanta, and Los Angeles, mixed in with some political powerhouses, like Washington, DC and Northern Virginia. Amazon's picks for its so-called HQ2 are, with a few exceptions, already thriving. Learn about your ad choices: dovetail.prx.org/ad-choices

Do you trust me? Do you trust what you are about to read, assuming you keep reading? (Keep reading!) Do you believe that I comported myself ethically during my reporting, did not make anything up, did not use the work of others without credit? Let me put that another way: Do you trust that this article will make you feel better, or correct, about the world? Do you think that I, as the writer, have some connection to you, as part of a community? That I want you to be informed, sure, but also protected? Both of those paragraphs define trust, but very differently. Which makes it both troubling and a... Learn about your ad choices: dovetail.prx.org/ad-choices

Last year’s national conversation about sexual harassment in the workplace began in the tech industry. In the months that followed Susan J. Fowler’s February blog post about sexual harassment at Uber, a number of well-known tech executives---particularly, venture capitalists and startup executives---were ousted from positions of power after allegations of harassment and sexual misconduct. But with the October downfall of Harvey Weinstein, Hollywood took the lead on the conversation. Learn about your ad choices: dovetail.prx.org/ad-choices

As a candidate for president, Donald J. Trump scarcely mentioned the word "tech." One year since he took the oath of office, that hasn't changed much. And yet just a year in, the Trump administration has shaped policy in ways that will radically alter the country's long-term ability to innovate—and often not for the better. Learn about your ad choices: dovetail.prx.org/ad-choices

There comes a time in every hyped-up business trend’s life cycle when the noise becomes so intense it’s comical. Cryptocurrency, bitcoin, and most important, the blockchain technology that underlies them, have reached that moment. Executives in just about any industry imaginable—music, advertising, medicine, pizza delivery—are now eager to discuss how they can capitalize on “the blockchain.” (Note to execs: There are many blockchains, not just “the one. Learn about your ad choices: dovetail.prx.org/ad-choices

As if there wasn’t enough angst in the world, what with the Washington soap opera, #MeToo, false nuclear alerts, and a general sense of apprehension, now we also have a growing sense of alarm about how smartphones and their applications are impacting children. Learn about your ad choices: dovetail.prx.org/ad-choices

Mark Zuckerberg promised to spend 2018 fixing Facebook. Last week, he addressed Facebook making you feel bad. Now he’s onto fake news. Late Friday, Facebook buried another major announcement at the end of the week: How to make sure that users see high-quality news on Facebook. Facebook’s solution? Let its users decide what to trust. On the difficult problem of fixing fake news, Zuckerberg took the path with the least responsibility for Facebook, but described it as the most objective. Learn about your ad choices: dovetail.prx.org/ad-choices

In May 2015, The New Yorker published a profile of the Silicon Valley investor Marc Andreessen. In it, writer Tad Friend joined Andreessen in his living room to watch an episode of Halt & Catch Fire, the AMC drama chronicling the rise of personal computing in the early 1980s. The scene provided an intimate window into the billionaire’s home life. Learn about your ad choices: dovetail.prx.org/ad-choices

Thomas M. Wagner has uploaded over 300 science fiction reviews to YouTube since 2013. He’s not a major star, but his content has attracted an audience of around 4,400 bookworms who subscribe to his channel. In return for their attention, Wagner likely receives less than $100 a month in advertising revenue, according to the analytics company SocialBlade. The vast majority of YouTube comprises niche channels like Wagner’s. Learn about your ad choices: dovetail.prx.org/ad-choices

In 2014, Joseph Poon and Thaddeus Dryja were bitcoin-obsessed engineers hanging out at pizza-fueled meetups in San Francisco. Their conversation often turned to the central problem of bitcoin: How to make it more useful? The bitcoin network’s design effectively limits it to handling three to seven transactions per second, compared with tens of thousands per second for Visa. Poon and Dryja recognized that for bitcoin to reach its full potential, it needed a major fix. Learn about your ad choices: dovetail.prx.org/ad-choices

News spread Monday of a remarkable breakthrough in artificial intelligence. Microsoft and Chinese retailer Alibaba independently announced that they had made software that matched or outperformed humans on a reading-comprehension test devised at Stanford. Microsoft called it a “major milestone.” Media coverage amplified the claims, with Newsweek estimating “millions of jobs at risk.” Those jobs seem safe for a while. Learn about your ad choices: dovetail.prx.org/ad-choices

Apple has faced mounting criticism in recent years for avoiding taxes in the US and Europe. Wednesday, it offered critics 38 billion replies. More precisely, Apple said it would pay an estimated $38 billion in tax to bring back to the US some of the cash it has stashed overseas over the years. Apple says the payment would be the largest tax payment of its type in history. But it’s also a pretty good deal for the company. Learn about your ad choices: dovetail.prx.org/ad-choices

The engineer at the heart of the upcoming Waymo vs Uber trial is facing dramatic new allegations of commercial wrongdoing, this time from a former nanny. Erika Wong, who says she cared for Anthony Levandowski’s two children from December 2016 to June 2017, filed a lawsuit in California this month accusing him of breaking a long list of employment laws. Learn about your ad choices: dovetail.prx.org/ad-choices

In the fall of 2016, Keegan Hankes, an analyst at the Southern Poverty Law Center, paid a visit to the neo-Nazi website the Daily Stormer. This was not unusual; part of Hankes’ job at the civil rights organization was to track white supremacists online, which meant reading their sites. Learn about your ad choices: dovetail.prx.org/ad-choices

For most of modern history, the easiest way to block the spread of an idea was to keep it from being mechanically disseminated. Shutter the news­paper, pressure the broad­cast chief, install an official censor at the publishing house. Or, if push came to shove, hold a loaded gun to the announcer’s head. This actually happened once in Turkey. Learn about your ad choices: dovetail.prx.org/ad-choices

Late last fall, in the gleaming white lobby of Madison Square Garden, uniformed attendants were posted at security stations to make thousands of smartphones stupid. Chris Rock was playing his 10th show in a 12-city international tour, and at every stop, each guest was required to pass through the entryway, confirm that his or her phone was on vibrate or silent, and then hand it over to a security guard who snapped it into a locking gray neoprene pouch—rendering it totally inaccessible. Learn about your ad choices: dovetail.prx.org/ad-choices

It’s late November 2016, and I’m squeezed into the far corner of a long row of gray cubicles in the call screening center for the Allegheny County Office of Children, Youth and Families (CYF) child neglect and abuse hotline. I’m sharing a desk and a tiny purple footstool with intake screener Pat Gordon. We’re both studying the Key Information and Demographics System (KIDS), a blue screen filled with case notes, demographic data, and program statistics. Learn about your ad choices: dovetail.prx.org/ad-choices

In November, Facebook CEO Mark Zuckerberg started sprinkling a new phrase, or perhaps a new idea, into his quarterly call with investors. “It's important to remember that Facebook is about bringing people closer together and enabling meaningful social interactions,” he said. Research, he continued, demonstrates that interactions with friends and family on social media is particularly “meaningful. Learn about your ad choices: dovetail.prx.org/ad-choices

Earlier this month, a Vanity Fair report revealed sordid tales of Silicon Valley sex parties. But the tales, while full of unsavory and salacious details, did not include any names, raising questions in some minds about their truthfulness. Two people familiar with one of the parties---including one who attended---tell WIRED it was hosted by venture capitalist Steve Jurvetson, co-founder of the firm DFJ. Learn about your ad choices: dovetail.prx.org/ad-choices

In 2015, Twitter permanently banned alt-right troll Chuck Johnson, after he tweeted that he wanted to "take out" civil rights activist DeRay McKesson. Johnson now says the San Francisco-based company infringed on his First Amendment rights. But the law may say otherwise. On Monday, Johnson filed a lawsuit against Twitter, arguing that the company banned him for his political beliefs in what he believes is a clear violation of free speech. Learn about your ad choices: dovetail.prx.org/ad-choices

Learn about your ad choices: dovetail.prx.org/ad-choices

If you've ever struggled to pair your phone with a Bluetooth speaker or set up a wireless printer, you know that it's often easier to connect to a server halfway around the world than to a gadget across the room. That's a problem as we increasingly use our phones to pay for stuff, unlock doors, and control everything from televisions to thermostats. Learn about your ad choices: dovetail.prx.org/ad-choices

Last August, Google fired James Damore shortly after the engineer’s internal screed against affirmative action at the company went viral. Monday, Damore sued Google for illegally discriminating against whites, males, and conservatives, demonstrating that the company cannot rid itself of its controversy-courting former employee so easily. Learn about your ad choices: dovetail.prx.org/ad-choices

Facebook tells users that giving the company their mobile phone number will help keep their account secure. Until a few weeks ago, however, the social network’s self-service ad-targeting tools could be massaged into revealing a Facebook user’s cellphone number from their email address. The same flaw made it possible to collect phone numbers for Facebook users who had visited a particular webpage. Facebook fixed the problems on Dec. Learn about your ad choices: dovetail.prx.org/ad-choices

It’s difficult to remember now, but there was a moment in early 2016 when many in the tech industry believed chatbots---automated text-based virtual assistants---would be the next big platform. Messaging app Kik staked its company’s future on bots and “chatvertising.” Startup studio Betaworks launched an accelerator program called Botcamp. And at its 2016 F8 conference, Facebook pitched bots to developers as the best way to connect with 900 million Messenger users. Learn about your ad choices: dovetail.prx.org/ad-choices

Since 2009, Facebook CEO Mark Zuckerberg has publicly announced a personal improvement challenge in January, a sort of New Year's resolution and Oprah’s Book Club rolled into one. Learn Mandarin. Run 365 miles. Kill your own meat. But this year, Zuckerberg pledged to spend 2018 "fixing" big problems at Facebook. Learn about your ad choices: dovetail.prx.org/ad-choices

Last weekend, 150 of tech’s most gifted engineers traveled to an Arizona resort to spend three days at an event that, despite having never happened before, is called Reunion. The group ranged from the semi-famous, like PayPal founder Max Levchin and Microsoft chief technology officer Kevin Scott, to the spectacularly promising, like Stanford junior Nancy Xu. There were a few panels, some company presentations, and a smattering of horseback rides and hikes in the afternoons. Learn about your ad choices: dovetail.prx.org/ad-choices

Internet giants Amazon, Facebook, and Google plan to throw their collective weight behind efforts to save net neutrality. The Internet Association, the industry's primary lobbying organization, announced Friday that it plans to join lawsuits aimed at halting the Federal Communications Commission's December action to repeal Obama-era net neutrality rules. Those rules banned internet service providers like Comcast and Verizon from blocking or otherwise discriminating against legal content online. Learn about your ad choices: dovetail.prx.org/ad-choices