Giles Turner
Washington Post
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Past articles by Giles:
How a Facebook Whistle-Blower Is Stoking the Kids’ Screen Time Debate
The latest burst of recriminations directed at social media emphasizes the harm that can be done to teenagers. Frances Haugen, a former Facebook Inc. product manager turned whistle-blower, says executives at Facebook are aware of research showing the company’s Instagram photo-sharing platform in particular can be detrimental to teenage girls with body-image issues. Even before the pandemic… → Read More
SoftBank’s Big Options Bet Tests Investor Faith in Masayoshi Son
Just when investors thought Masayoshi Son was reining in risk at SoftBank Group Corp., the Japanese billionaire’s foray into highly leveraged derivatives is giving them fresh reason to worry. SoftBank shares tumbled 7. → Read More
U.K.’s Classic Norton Motorcycles a Target for India’s TVS Motor
India’s TVS Motor Co. is among prospective bidders considering making an offer for UK’s Norton Motorcycles, which went into administration in January. Norton’s last owner, Stuart Garner, tried to revive the brand with modern versions of Commando and Dominator motorcycles. → Read More
WeWork Goes From Hot to Not as Dream Value Plunges $45 Billion
The pitch was beguiling: WeWork could soon become a $65 billion company. That’s what Goldman Sachs Group Inc. bankers were saying only earlier this year. → Read More
Just Eat-Takeaway.com $6 Billion Deal May Order Up an M&A Spree
The boards of Just Eat Plc and Takeaway.com NV have agreed on terms of an all-share 5 billion-pound ($6 billion) deal that pits two food delivery incumbents against a clutch of well-backed startups. → Read More
Salesforce to buy Tableau for $15.3B in data push
Salesforce.com Inc., which makes America’s dominant sales-tracking software, agreed to buy Tableau Software Inc. in an all-stock deal that it said will help give customers more ways to analyze data. → Read More
AI startup Graphcore raises $200M from BMW, Microsoft
Graphcore Ltd. is one of a number of companies trying to design a new class of chips that will be better at crunching the vast amount of data needed to make computers smarter. → Read More
Marriott Says Starwood Hacked; Could Be Biggest Since Yahoo
Marriott International Inc. has been investigating a hack involving unauthorized access to the guest reservation database at its Starwood unit since 2014, in what may be one of the biggest such data breaches.The attack involved 500 million guests and included some passport numbers and credit card information. → Read More
Why Red Hat’s Open-Source Cloud Is IBM Game Changer
IBM’s $33 billion purchase of Red Hat Inc. -- the world’s second-largest technology deal ever -- shifts the competitive landscape for cloud computing and the software movement known as open source. Revenue at Red Hat, which sells software and services based on the open-source Linux operating system, is expected to top $3 billion for the first time this year as a growing number of large customers… → Read More
Apple Signs $600 Million Deal With Dialog for Assets, Staff
Apple will pay Dialog an initial $300 million plus an additional $300 million for product delivery over the next few years. The British firm also won a number of new contracts from the iPhone maker, including the supply of power management, audio subsystem, charging and mixed-signal integrated circuits, according to a statement Thursday. → Read More
Uber-Deliveroo Deal: Uber Is in Early Talks to Buy Europe’s Deliveroo
(Bloomberg) -- Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans. → Read More
U.K. Plans Law to Force Tech Giants Into Action Over Child Porn
U.K Home Secretary Sajid Javid cited the action taken by companies like Google Inc. and Facebook Inc. to tackle online terrorist content and called on them to use the same methods -- using algorithms and human reviewers to prevent images from appearing -- to block child abuse material on their platforms. He referred to the live-streaming of child abuse and sharing of images among pedophile web… → Read More
Elon Musk Talked With SoftBank in 2017 About Tesla Investment
Elon Musk and Masayoshi Son held talks last year about SoftBank Group Corp. investing in Tesla Inc., including potentially taking the electric carmaker private, according to two people with knowledge of the discussions. → Read More
U.K. democracy 'facing a crisis' from U.S. social media giants
The U.K.’s political system cannot cope with the threats from fake news, according to a panel of British lawmakers investigating the impact of social media on recent elections. → Read More
SoftBank-owned ARM is said to agree to buy U.S.'s Treasure Data
The acquisition is part of ARM’s push into the Internet of things. In June it announced the acquisition of Stream Technologies, a Glasgow-based company that improves connectivity for internet of things devices. → Read More
Uber Rival Gett Is Said to Mull Sale of Ride-Share Startup Juno
Gett Inc., the ride-hailing app that competes with Uber Technologies Inc., is weighing an exit from the U.S., just over a year after spending $200 million to enter the market. → Read More
Uber Is in Talks With Careem to Merge in Middle East
Uber mends rivalry ahead of public offering, set to expand in middle-east with local favourite Careem. → Read More
Apple iPhone X: Supplier’s Outlook Spurs Fears Of Weak iPhone X Demand
Apple Inc. supplier AMS AG shares tumbled after cautioning on negative operating margins, yet another semiconductor company to spark warnings from analysts of shaky demand for the iPhone X. → Read More
Pay Gap: Facebook Bonuses For Women Lower In U.K.; Amazon Pays Less Too
Facebook Inc. pays female staff in Britain just 0.8 percent less on average than male employees, but womens’ bonuses are almost 40 percent lower. The mean average disparity in pay at Facebook is an improvement compared to Google’s U.K. arm, where women are paid on average 17 percent less than men. Google’s average bonus for female staff is 43 percent lower than male staff. → Read More
Micro Focus shares collapse after sales warning and CEO exit
In September the firm wrapped up its $8.8B acquisition of Hewlett Packard Enterprise’s software assets, such as application delivery management, big-data analytics and enterprise security. → Read More