WEBVTT - TechStuff Looks Back on 2017

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<v Speaker 1>Get text with technology with tech Stuff from dot Com.

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<v Speaker 1>Hey there, and welcome to Tech Stuff. I'm your host,

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<v Speaker 1>Jonathan Strickling. I'm an executive producer here at How Stuff Works,

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<v Speaker 1>and there are a few episodes of tech Stuff I

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<v Speaker 1>try to do every year. It's kind of become a tradition.

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<v Speaker 1>And this is the first of that series of episodes

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<v Speaker 1>that happens to cap off each year as as best

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<v Speaker 1>I can. Anyway, this is a look back on the

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<v Speaker 1>previous twelve months in tech Stories. Now I want to

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<v Speaker 1>take a quick look at some of the biggest stories

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<v Speaker 1>in tech that happened in and just so I'm totally

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<v Speaker 1>transparent and everyone at home listening can understand this, I'm

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<v Speaker 1>actually recording this episode on December seven, which means there's

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<v Speaker 1>like an extra month of stories and gossip and scandals

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<v Speaker 1>that are not gonna make the cut as they ain't

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<v Speaker 1>happen yet. What when I'm recording this, they'll happen by

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<v Speaker 1>the time you hear this. So I apologize for that,

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<v Speaker 1>but the predictions episodes have proven over and over again.

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<v Speaker 1>I am not someone who can see into the future,

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<v Speaker 1>so I might chat a little bit about some stuff

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<v Speaker 1>that's coming up later on in December. As I record this,

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<v Speaker 1>it'll of course be in your past and maybe we'll

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<v Speaker 1>see how it turns out by that point. But let's

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<v Speaker 1>start where every year starts in January, according to the

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<v Speaker 1>calendar that I I follow. Anyway, if you've been keeping

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<v Speaker 1>up with tech stuff, you know I recently did a

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<v Speaker 1>full series about the company Xerox. Well, January one was

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<v Speaker 1>when Xerox officially split into two companies. One of them

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<v Speaker 1>continue to carry the name Xerox, and that one is

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<v Speaker 1>all about the traditional document businesses that we tend to

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<v Speaker 1>think about when we hear the name Xerox. The other

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<v Speaker 1>company is now known as Conduit and is one focused

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<v Speaker 1>on business process services. So that happened, knocking January off

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<v Speaker 1>right off the bat. Also in January, very early, I

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<v Speaker 1>went to c e S I was formerly known as

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<v Speaker 1>the Consumer Electronics Show. Ramsey was also there. A whole

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<v Speaker 1>bunch of us from how Stuff Works went this past year,

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<v Speaker 1>and some of the stuff that got a lot of

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<v Speaker 1>attention during that year's c e S included Amazon's Alexa product.

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<v Speaker 1>I apologize if I just activated your Alexa, but it

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<v Speaker 1>was getting incorporated into all sorts of devices, including vehicles,

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<v Speaker 1>There were dozens of different smart devices on display, like

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<v Speaker 1>weird ones too, like smart pillows that could tell you

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<v Speaker 1>when you were snoring, as if I needed that. I've

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<v Speaker 1>got a wife who punches me whenever it happens. There

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<v Speaker 1>were self balancing motorcycles. There were fancy concept cars like

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<v Speaker 1>Faraday Futures vehicle. There were ultra high definition displays with

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<v Speaker 1>amazing resolution and color representation. There were self driving vehicles.

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<v Speaker 1>There were luetooth toasters for crying out loud. In other words,

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<v Speaker 1>it was a mix of amazing, amusing, and befuddling technology,

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<v Speaker 1>which is pretty much par for the course. I went

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<v Speaker 1>with a team of several talented people here at how

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<v Speaker 1>stuff works. We explored the floor and we shot lots

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<v Speaker 1>of videos so you can actually find those if you

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<v Speaker 1>want to be nostalgic and look at the the cutting

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<v Speaker 1>technology of yesteryear. Literally, this coming ce S will be

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<v Speaker 1>the first one I will miss in ten years, And

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<v Speaker 1>by miss, I mean I won't attend it. I'm not

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<v Speaker 1>going to actually miss it. I'm actually okay with sitting

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<v Speaker 1>one out for once now. One story that got Nintendo

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<v Speaker 1>fans excited early in seventeen was the unveiling of the

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<v Speaker 1>Switch that's Nintendo's latest gaming console. The Switch can be

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<v Speaker 1>played as a portable gaming device, or it can be

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<v Speaker 1>docked in a into a station and connect with a television.

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<v Speaker 1>Controllers include detachable handheld devices that are called joy cons,

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<v Speaker 1>and when the console went on sale later in demand

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<v Speaker 1>far exceeded supply, particularly here in the States. This is

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<v Speaker 1>not an unusual story for Nintendo. It's pretty much their

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<v Speaker 1>m O whenever they release a new product. In fact,

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<v Speaker 1>as of December, it can still be challenging to find

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<v Speaker 1>a Nintendo Switch in some markets. Games like Legend of Zelda,

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<v Speaker 1>Breath of the Wild, and Super Mario Odyssey were able

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<v Speaker 1>to leverage the love of iconic franchises while also incorporating

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<v Speaker 1>new types of gameplay into the world's and they have

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<v Speaker 1>received some good critical response. So the system appears to

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<v Speaker 1>be a step in the right direction for a Nintendo

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<v Speaker 1>which clearly needed to recover after the WEU came out

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<v Speaker 1>to less than uproarious applause. We also learned more in

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<v Speaker 1>January about the fires that were being caused by Samsung

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<v Speaker 1>Notes seven hand sets. You might remember that story from

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<v Speaker 1>where some hand sets were spontaneously catch fire and it

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<v Speaker 1>led to a an industry wide ban in the airline

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<v Speaker 1>industry for Samsung Notes sevens, who had the office officers

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<v Speaker 1>actually confiscating Notes sevens before passengers could get onto planes. Well,

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<v Speaker 1>the company conducted a four month long investigation, and in

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<v Speaker 1>January seventeen they announced that the problem was due to

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<v Speaker 1>some irregularly sized batteries which would lead to overheating and

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<v Speaker 1>that would then lead to fires. Moving on to February,

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<v Speaker 1>one of the troubling themes in seventeen, and this is

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<v Speaker 1>putting it lightly, has revolved around allegations of sexual harassment

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<v Speaker 1>and related charges. And I want to be clear here.

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<v Speaker 1>The troubling thing for me is seeing how systemic this

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<v Speaker 1>culture has been across multiple industries. I don't mean it's

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<v Speaker 1>troubling that victims are coming forward. It's good that they are.

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<v Speaker 1>It's rather troubling that there was such an enormous environment

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<v Speaker 1>for victimization in the first place. Well, in February seen

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<v Speaker 1>one of the earliest instances of this in the tech

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<v Speaker 1>industry was of a former Uber employee named Susan Fowler,

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<v Speaker 1>who claimed that the car service company, the ride hailing

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<v Speaker 1>service company Uber, had a toxic culture filled with misogynistic

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<v Speaker 1>executives and a permissive attitude towards unacceptable behavior. Her accusations

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<v Speaker 1>were such that it it essentially forced Uber to launch

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<v Speaker 1>an internal investigation on its practices and its culture. That

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<v Speaker 1>investigation continued for months, and in early June, news broke

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<v Speaker 1>that Uber had fired more than twenty employees as a

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<v Speaker 1>result of this investigation at all levels within the company.

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<v Speaker 1>And yes, there's gonna be a lot about Uber in

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<v Speaker 1>this episode because stuff went whackadoodle crazy over there. So

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<v Speaker 1>you could call this episode Uber what Happen because that's

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<v Speaker 1>gonna come back multiple times. There's hardly a month that

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<v Speaker 1>doesn't have an Uber story in it. On February eleven,

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<v Speaker 1>North Korea test fired a ballistic missile across the Sea

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<v Speaker 1>of Japan, and this also becomes a big story throughout

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<v Speaker 1>the year. This set the stage for a very tense

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<v Speaker 1>game of posturing between North Korea and other nations, particularly

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<v Speaker 1>the United States. And this was just one of a

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<v Speaker 1>few tests throughout seen that caught the world's attention. Another

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<v Speaker 1>in July demonstrate that North Korea had an intercontinental ballistic missile,

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<v Speaker 1>and it became clear that North Korea had developed or

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<v Speaker 1>acquired some powerful missiles capable of carrying a payload a

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<v Speaker 1>great distance as far as the United States, and that

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<v Speaker 1>was only a matter of time before those missiles would

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<v Speaker 1>be outfitted with nuclear warheads. And as someone who lived

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<v Speaker 1>through the Cold War and an era of mutually assured destruction,

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<v Speaker 1>the story did not exactly set my heart to singing.

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<v Speaker 1>But this is a story that's still playing out today.

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<v Speaker 1>In February, Disney's Maker Studios dropped Peautie Pie YouTube superstar

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<v Speaker 1>from its network because of a some videos that Ptpie

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<v Speaker 1>had had published in which he had voiced some anti

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<v Speaker 1>Semitic messages, some uh slurs against Jewish people. He included

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<v Speaker 1>some Nazi imagery and a couple and Disney dropped him

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<v Speaker 1>like a hot potato, and then YouTube followed suit, canceling

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<v Speaker 1>a planned season two of pd pis series Scare Beauty Pie.

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<v Speaker 1>The company also removed him from the Google Preferred Advertising program,

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<v Speaker 1>and this caused a big discussion in the online world

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<v Speaker 1>about the the rights of creators the rights of platforms. Uh. Also,

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<v Speaker 1>it was just feeding into a generally toxic environment online

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<v Speaker 1>about harassment and and really awful trollish behaviors, which was

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<v Speaker 1>kind of a theme throughout March I have a happy

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<v Speaker 1>story to start with March, and I'm thankful for it

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<v Speaker 1>because there's so many negative ones that happened in But

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<v Speaker 1>in March, SpaceX successfully launched a used Falcon nine first

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<v Speaker 1>stage rocket, and that proved the usefulness of reusable launch vehicles.

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<v Speaker 1>This brings down the costs of launching a payload into

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<v Speaker 1>space considerably. Now it's still incredibly expensive to launch stuff

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<v Speaker 1>into space, but it's slightly less incredibly expensive than if

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<v Speaker 1>you had to construct a brand new launch vehicle for

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<v Speaker 1>every single launch. And this might have the first time

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<v Speaker 1>anyone had used a first stage rocket a second time.

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<v Speaker 1>SpaceX designed the Falcon nine launch rocket to return to

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<v Speaker 1>Earth and land upright and intact after a use to

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<v Speaker 1>allow for this, and you may remember when SpaceX was

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<v Speaker 1>able to bring back a first stage rocket and land

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<v Speaker 1>it successfully, that first one they did, they retired. They

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<v Speaker 1>did not plan on using it again. It was more

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<v Speaker 1>of a proof of concept that this could actually work.

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<v Speaker 1>And then after that they started to really work on

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<v Speaker 1>practical ones that they would be able to use repeatedly,

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<v Speaker 1>and this was the first case of that. So that's

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<v Speaker 1>pretty darn cool. Also in March, Uber's contentious year continued

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<v Speaker 1>as one of its autonomous vehicles got involved in an

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<v Speaker 1>accident in Arizona. The company suspended all its self driving

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<v Speaker 1>vehicle test operations, which were at that point taking place

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<v Speaker 1>in San Francisco, Arizona, and Pittsburgh. San Francisco's cars were

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<v Speaker 1>the first to get moving again just a few days

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<v Speaker 1>after the accident. This was a tough time for Uber

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<v Speaker 1>because they had just managed to to resecure permission in

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<v Speaker 1>San Francisco to operate autonomous vehicles in they had encountered

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<v Speaker 1>a problem where the city said, hey, you failed to

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<v Speaker 1>fill out the proper paperwork and get the proper licenses

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<v Speaker 1>to be able to do what you are doing, So

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<v Speaker 1>this was the second setback for them. Police, however, stated

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<v Speaker 1>that the Uber vehicle was not at fault in the accident,

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<v Speaker 1>in fact, was the fault of the other driver, and

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<v Speaker 1>also in March, the president of Uber, Jeff Joe Owns,

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<v Speaker 1>stepped down from the company. In a statement to the press,

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<v Speaker 1>Jones said, quote, the beliefs and approach to leadership that

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<v Speaker 1>have guided my career are inconsistent with what I saw

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<v Speaker 1>and experienced at Uber, and I can no longer continue

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<v Speaker 1>as president of the ride sharing business. End quote. This

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<v Speaker 1>was another indicator that perhaps those accusations Fowler had levied

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<v Speaker 1>earlier had some merit to them, and that there were

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<v Speaker 1>other problems going on over in Uber's business. For the

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<v Speaker 1>president to actually resign and not be asked to resign,

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<v Speaker 1>he stepped down because he felt that it was not

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<v Speaker 1>a good fit for him. That was another big red

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<v Speaker 1>flag for Uber. Also in March, after months of being

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<v Speaker 1>absent from Oculus events, Palmer Lucky left Facebook and thus Oculus. Now.

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<v Speaker 1>Lucky was the creator of the Oculus rift. He had

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<v Speaker 1>made headlines in sixteen for his involvement in groups that

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<v Speaker 1>supported Trump's president sidential campaign, and that group used trollish

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<v Speaker 1>strategies to antagonize people with opposing viewpoints. That's a kind

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<v Speaker 1>way of putting it. There was a lot of hate

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<v Speaker 1>messaging out of this group, and Palmer Lucky had been

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<v Speaker 1>financially supporting the group, which led to a lot of

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<v Speaker 1>developers deciding to leave the Oculus platform out of protest.

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<v Speaker 1>Palmer Lucky had given an apology and said that his

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<v Speaker 1>actions in no way reflected the company, but uh Facebook,

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<v Speaker 1>which is extremely cognizant of its public relations, decided that

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<v Speaker 1>palmer Lucky or at least apparently decided that Palmer Lucky

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<v Speaker 1>probably should not be at various official events. In fact,

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<v Speaker 1>Lucky was absent at the Oculus Developers Conference, which was

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<v Speaker 1>a notable absence considering the fact that he's the guy

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<v Speaker 1>who made it in the first place, and so his departure,

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<v Speaker 1>while not a big surprise, had came after months of

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<v Speaker 1>him being essentially out of the public ie. Moving on

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<v Speaker 1>to April, Tesla announced a new type of solar panel

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<v Speaker 1>for house rooftops that looks like a high end roof shingle.

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<v Speaker 1>They are very pretty. They're also very expensive. Uh Tesla says, well,

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<v Speaker 1>they're not more expensive than other roof tiles of this type,

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<v Speaker 1>but they are roof tiles that essentially very well off

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<v Speaker 1>people would use to tile their houses. They're not like

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<v Speaker 1>the shingles that you would get at your local hardware

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<v Speaker 1>store so that you could do a d I Y

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<v Speaker 1>shingle repair on your roof. It's definitely more expensive than that,

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<v Speaker 1>but they are very attractive. So it's possibly a step

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<v Speaker 1>toward more solar panels and solar power in various markets.

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<v Speaker 1>I just feel like it's gonna be markets where people

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<v Speaker 1>already have a ton of disposable income rather than uh,

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<v Speaker 1>you know, a standard type of of home construction moving forward.

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<v Speaker 1>But still every advance is a good one in a roll.

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<v Speaker 1>Yek Yak, which is a location based anonymous messaging app,

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<v Speaker 1>shut down now. At its height, yik Yak was worth

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<v Speaker 1>four hundred million dollars. When it's shut down, the company

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<v Speaker 1>sold off assets in the form of its engineering talent,

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<v Speaker 1>for one million dollars. The service had been the target

0:14:19.720 --> 0:14:23.160
<v Speaker 1>of much criticism as people argued that it encouraged cruelty

0:14:23.320 --> 0:14:26.840
<v Speaker 1>and gossip among its user base, which was primarily college

0:14:26.880 --> 0:14:31.200
<v Speaker 1>students that's to whom yek Yak was marketed. Many people

0:14:31.240 --> 0:14:34.480
<v Speaker 1>were concerned that the app put vulnerable populations at risk

0:14:34.960 --> 0:14:38.200
<v Speaker 1>and that it could lead to mob mentality in some communities.

0:14:38.880 --> 0:14:42.480
<v Speaker 1>And there were also many concerns that younger people might

0:14:42.600 --> 0:14:47.440
<v Speaker 1>get on the app and be exploited or otherwise harmed. Now,

0:14:47.480 --> 0:14:50.280
<v Speaker 1>and just so you guys know, I once chaired a

0:14:50.320 --> 0:14:54.600
<v Speaker 1>panel discussion with the apps founders at a south By Southwest.

0:14:55.080 --> 0:14:58.080
<v Speaker 1>I walked away from that feeling uncertain about the experience.

0:14:58.160 --> 0:15:02.400
<v Speaker 1>I wasn't entirely comfortable with how things had unfolded, and

0:15:02.560 --> 0:15:05.440
<v Speaker 1>so it didn't surprise me when this happened. The app

0:15:05.560 --> 0:15:07.720
<v Speaker 1>now is a thing of the past. It doesn't exist.

0:15:07.760 --> 0:15:11.000
<v Speaker 1>In fact, the blog post that was the farewell doesn't

0:15:11.000 --> 0:15:12.800
<v Speaker 1>exist either, because I was going to go there and

0:15:12.880 --> 0:15:16.000
<v Speaker 1>quote some of it, but it's gone, and I didn't

0:15:16.080 --> 0:15:18.120
<v Speaker 1>use archive dot org to look at an old one.

0:15:18.800 --> 0:15:22.480
<v Speaker 1>But yep, yek yek is no more. Well. That brings

0:15:22.560 --> 0:15:26.040
<v Speaker 1>us up to Mayen. But that means I've gotten through

0:15:26.080 --> 0:15:28.680
<v Speaker 1>the first four months of the year. So I'm gonna

0:15:28.680 --> 0:15:38.560
<v Speaker 1>take a little break and thank our sponsors. All Right,

0:15:38.600 --> 0:15:44.120
<v Speaker 1>we're up to Mayen. That's when a malware known as

0:15:44.200 --> 0:15:48.960
<v Speaker 1>Wanna cry begins to infect computers around the world, locking

0:15:49.480 --> 0:15:53.080
<v Speaker 1>the computer contents away. Now, this type of malware falls

0:15:53.160 --> 0:15:59.320
<v Speaker 1>under the category known as ransomware. Typically, ransomware will infect

0:15:59.360 --> 0:16:02.440
<v Speaker 1>a computer. It will encrypt part of a computer's hard

0:16:02.520 --> 0:16:05.840
<v Speaker 1>drive or the whole darn thing and lock off the

0:16:05.880 --> 0:16:09.880
<v Speaker 1>contents from users. So you log into your computer and

0:16:09.920 --> 0:16:12.720
<v Speaker 1>suddenly you can't access any of your data because it's

0:16:12.760 --> 0:16:16.000
<v Speaker 1>all been encrypted. There's usually some sort of communication to

0:16:16.040 --> 0:16:19.280
<v Speaker 1>the victim that gives instruction on how to earn back

0:16:19.400 --> 0:16:23.400
<v Speaker 1>the access to your own data. Normally that includes paying

0:16:23.480 --> 0:16:27.760
<v Speaker 1>some sort of ransom, usually in a cryptocurrency like Bitcoin,

0:16:28.200 --> 0:16:32.080
<v Speaker 1>to an account that's associated with the hackers. The Wanna

0:16:32.120 --> 0:16:36.960
<v Speaker 1>cry virus specifically targeted Microsoft Windows machines, taking advantage of

0:16:36.960 --> 0:16:40.680
<v Speaker 1>a vulnerability in the operating system. As the story developed,

0:16:41.120 --> 0:16:44.680
<v Speaker 1>news broke that the US National Security Agency or n

0:16:44.800 --> 0:16:48.680
<v Speaker 1>s A had discovered that same vulnerability and designed its

0:16:48.680 --> 0:16:53.480
<v Speaker 1>own exploit before Wanna cry appeared on the scene. In fact,

0:16:53.480 --> 0:16:56.760
<v Speaker 1>there were some allegations that perhaps the authors of Wanna

0:16:56.800 --> 0:17:01.040
<v Speaker 1>cry were able to create Wanna cry because some of

0:17:01.080 --> 0:17:04.280
<v Speaker 1>the n s A stuff got leaked in a in

0:17:04.640 --> 0:17:07.840
<v Speaker 1>a big data dump earlier in the year. This raised

0:17:07.840 --> 0:17:10.800
<v Speaker 1>some questions about the n s AS ethics, which many

0:17:10.920 --> 0:17:15.520
<v Speaker 1>argued the agency had a responsibility to report this vulnerability

0:17:15.560 --> 0:17:18.920
<v Speaker 1>to Microsoft, but instead they chose to keep it for themselves.

0:17:19.520 --> 0:17:23.320
<v Speaker 1>A security researcher named Marcus Hutchins discovered a u r

0:17:23.480 --> 0:17:26.160
<v Speaker 1>L that acted as a kill switch for the malware

0:17:26.560 --> 0:17:28.840
<v Speaker 1>and that helped restrict the effects of Wanna Cry. It

0:17:28.880 --> 0:17:31.480
<v Speaker 1>did infect hundreds of thousands of computers, but it would

0:17:31.520 --> 0:17:33.199
<v Speaker 1>have been even worse had it not been for this

0:17:33.320 --> 0:17:38.879
<v Speaker 1>kill switch. This same security researcher was later arrested in

0:17:38.960 --> 0:17:43.359
<v Speaker 1>August seventeen and charged with creating another type of malware

0:17:43.400 --> 0:17:48.080
<v Speaker 1>called Chronos k r o o S, which was designed

0:17:48.080 --> 0:17:52.920
<v Speaker 1>to steal online banking credentials. According to crebs On Security,

0:17:52.960 --> 0:17:55.440
<v Speaker 1>which is an excellent blog if you've not checked it out,

0:17:55.480 --> 0:17:59.199
<v Speaker 1>I recommended, Hutchens did seem to have a past in

0:17:59.320 --> 0:18:03.040
<v Speaker 1>making malay just software up until around two thousand twelve

0:18:03.160 --> 0:18:06.119
<v Speaker 1>or two thousand thirteen. At that point he seemed to

0:18:06.119 --> 0:18:08.879
<v Speaker 1>have a change of heart and he started working diligently

0:18:09.000 --> 0:18:13.520
<v Speaker 1>to uncover and counteract malware. Hutchens has pleaded not guilty

0:18:13.600 --> 0:18:16.480
<v Speaker 1>to the charges against him, and his case is yet

0:18:16.480 --> 0:18:19.840
<v Speaker 1>to be heard as of the recording of this podcast episode.

0:18:20.200 --> 0:18:23.400
<v Speaker 1>As for Wanna Cry, experts suspect that it had its

0:18:23.400 --> 0:18:27.720
<v Speaker 1>origins in North Korea, though officials from North Korea denied

0:18:27.720 --> 0:18:31.320
<v Speaker 1>that the government had anything to do with the virus. However,

0:18:31.359 --> 0:18:34.960
<v Speaker 1>if you're talking about North Korea and a virus and

0:18:35.040 --> 0:18:39.399
<v Speaker 1>infecting the Internet, the most sort of most fingers have

0:18:39.480 --> 0:18:42.080
<v Speaker 1>to point at the government because North Korea has the

0:18:42.119 --> 0:18:46.119
<v Speaker 1>Internet pretty much locked down. Within the country. There's an intranet,

0:18:46.160 --> 0:18:50.119
<v Speaker 1>but not very very limited access to the outside internet. Uh.

0:18:50.320 --> 0:18:53.440
<v Speaker 1>North Korea does not necessarily want everyone to have access

0:18:53.520 --> 0:18:57.639
<v Speaker 1>to the world's information. Now it's time to get back

0:18:57.760 --> 0:19:02.560
<v Speaker 1>to Uber. Yep, we're not done with Uber yet. In May,

0:19:02.920 --> 0:19:06.560
<v Speaker 1>Uber and Weymo began their court battles in earnest Now,

0:19:06.600 --> 0:19:10.879
<v Speaker 1>Weymo is the self driving company. Self driving car company,

0:19:10.920 --> 0:19:13.679
<v Speaker 1>I should say that spun off from Google's R and

0:19:13.760 --> 0:19:17.560
<v Speaker 1>D department. An engineer who once worked at Weymo named

0:19:17.600 --> 0:19:20.520
<v Speaker 1>Anthony Lewandowski. He worked there when it was still just

0:19:20.640 --> 0:19:25.399
<v Speaker 1>part of Google, had left Google in UH sixteen. He

0:19:25.440 --> 0:19:29.360
<v Speaker 1>founded a new company called Auto and Uber then acquired

0:19:29.440 --> 0:19:33.200
<v Speaker 1>Auto O. T t O was the name of that company,

0:19:33.560 --> 0:19:38.320
<v Speaker 1>and as a result, Lewandowski began to work for Uber. Now. Weymo,

0:19:38.560 --> 0:19:42.399
<v Speaker 1>in its legal claim against Uber, said that Lewandowski had

0:19:42.400 --> 0:19:48.440
<v Speaker 1>illegally downloaded fourteen thousand documents that belonged to Weymo, including

0:19:48.440 --> 0:19:53.000
<v Speaker 1>proprietary trade secrets, and that therefore Uber was developing its

0:19:53.000 --> 0:19:57.280
<v Speaker 1>own self driving car technology on trade secret information that

0:19:57.400 --> 0:20:01.200
<v Speaker 1>was developed at Weymo, and Lewandowski was effectively a thief.

0:20:02.080 --> 0:20:04.520
<v Speaker 1>This particular trial is still playing out as of the

0:20:04.560 --> 0:20:08.520
<v Speaker 1>recording of this podcast, it has not been resolved. Uh.

0:20:08.720 --> 0:20:13.840
<v Speaker 1>Uber did end up firing Lewandowski, who was still to

0:20:13.920 --> 0:20:16.000
<v Speaker 1>this day as far as I know, taking the Fifth

0:20:16.040 --> 0:20:20.640
<v Speaker 1>Amendment against self incrimination, so he's not really core. He's

0:20:20.680 --> 0:20:25.120
<v Speaker 1>not really cooperating with investigators on this matter. But other

0:20:25.200 --> 0:20:27.960
<v Speaker 1>developments have happened over the past few days, so I'm

0:20:28.000 --> 0:20:30.919
<v Speaker 1>sure I will do a full story about weymo versus

0:20:31.040 --> 0:20:38.159
<v Speaker 1>uber once this has concluded. Meanwhile, going into June, a

0:20:38.359 --> 0:20:42.480
<v Speaker 1>different type of ransomware attack happened, this time in the Ukraine.

0:20:42.680 --> 0:20:46.199
<v Speaker 1>This one was called Petya, which also takes advantage of

0:20:46.240 --> 0:20:49.240
<v Speaker 1>that same exploit that the n s A identified with

0:20:49.280 --> 0:20:53.320
<v Speaker 1>Microsoft Windows machines, so Petya and Wanna cry both were

0:20:53.320 --> 0:20:56.679
<v Speaker 1>taking advantage of that same vulnerability. The attacks were traced

0:20:56.680 --> 0:20:59.920
<v Speaker 1>back to a software update package of a Ukrainian tack

0:21:00.160 --> 0:21:03.400
<v Speaker 1>preparation program that was very popular in the corporate world

0:21:03.440 --> 0:21:07.639
<v Speaker 1>in the Ukraine. Suspicion fell on the company itself that

0:21:07.800 --> 0:21:11.600
<v Speaker 1>made this software, but representatives of that company said no, no, no,

0:21:11.680 --> 0:21:14.040
<v Speaker 1>we're victims as well, where it's not us. We didn't

0:21:14.119 --> 0:21:17.119
<v Speaker 1>make this. It did infect our our software that we sold,

0:21:17.160 --> 0:21:20.800
<v Speaker 1>but we didn't actually put it there. An investigation revealed

0:21:20.840 --> 0:21:24.879
<v Speaker 1>that there was a compromised employee account, and suspicions pointed

0:21:24.920 --> 0:21:28.880
<v Speaker 1>investigators towards Russian hackers. The same patch that was used

0:21:28.960 --> 0:21:32.800
<v Speaker 1>to secure computers against Wanna cry would work against Petya,

0:21:33.200 --> 0:21:36.000
<v Speaker 1>but as it turned out, many systems in the Ukraine

0:21:36.000 --> 0:21:39.680
<v Speaker 1>and beyond had failed to install those patches, and so

0:21:39.760 --> 0:21:43.640
<v Speaker 1>they ended up getting encrypted. In addition, the email provider

0:21:43.760 --> 0:21:46.760
<v Speaker 1>post e O shut down the email addresses that were

0:21:46.760 --> 0:21:49.600
<v Speaker 1>associated with the hacker demands, so there was no way

0:21:49.640 --> 0:21:52.240
<v Speaker 1>to pay the ransom even if you wanted to, so

0:21:52.280 --> 0:21:54.960
<v Speaker 1>some people had to completely just get rid of entire

0:21:55.040 --> 0:21:58.320
<v Speaker 1>drives of information and including a hospital in West Virginia

0:21:58.400 --> 0:22:01.160
<v Speaker 1>that had to just junk it's computer systems in order

0:22:01.200 --> 0:22:07.560
<v Speaker 1>to rebuild. In June, Verizon completed its acquisition of Yahoo,

0:22:08.040 --> 0:22:11.840
<v Speaker 1>so this has been going on since the end of sixteen.

0:22:12.320 --> 0:22:14.920
<v Speaker 1>The price tag ended up being at around four point

0:22:15.000 --> 0:22:19.480
<v Speaker 1>four eight billion dollars. Merissa Meyer, who had left Google

0:22:19.560 --> 0:22:22.200
<v Speaker 1>to head Yahoo as CEO for about four and a

0:22:22.200 --> 0:22:25.920
<v Speaker 1>half years, left the company with a reported twenty three

0:22:26.040 --> 0:22:30.879
<v Speaker 1>million dollar severance package. Verizon created a new subsidiary company

0:22:30.920 --> 0:22:34.159
<v Speaker 1>called Oath, under which Yahoo would join other assets like

0:22:34.240 --> 0:22:37.760
<v Speaker 1>Huffington's Post. Now I've done an episode about Yahoo before,

0:22:38.119 --> 0:22:41.080
<v Speaker 1>but I feel like I might need to revisit this

0:22:41.200 --> 0:22:43.560
<v Speaker 1>and do a new episode and really dive into how

0:22:43.600 --> 0:22:47.120
<v Speaker 1>the company meandered. Over the last several years. There were

0:22:47.160 --> 0:22:50.879
<v Speaker 1>some massive data breaches which Yahoo failed to disclose for

0:22:50.960 --> 0:22:54.320
<v Speaker 1>quite some time that did enormous damage to the company's

0:22:54.359 --> 0:22:58.239
<v Speaker 1>reputation and affected millions of people, and Meyer, who at

0:22:58.280 --> 0:23:00.960
<v Speaker 1>one time was looked at a as a possible savior

0:23:01.080 --> 0:23:03.800
<v Speaker 1>of the company, became the target of a lot of

0:23:03.800 --> 0:23:07.520
<v Speaker 1>criticism for her role in leading a company that seemed

0:23:07.520 --> 0:23:11.520
<v Speaker 1>to fail completely in protecting its customers. Also that month,

0:23:11.600 --> 0:23:14.600
<v Speaker 1>the European Union hit Google with a two point seven

0:23:14.840 --> 0:23:18.760
<v Speaker 1>billion dollar fine after finding the company guilty of practicing

0:23:18.800 --> 0:23:24.520
<v Speaker 1>anti competitive strategies in the world of online comparison shopping. Yikes.

0:23:24.640 --> 0:23:28.000
<v Speaker 1>This was the largest fine levied for an antitrust case

0:23:28.280 --> 0:23:33.640
<v Speaker 1>from a governing body, so they set a record. Amazon

0:23:33.720 --> 0:23:36.199
<v Speaker 1>announced in June that it was moving to acquire the

0:23:36.320 --> 0:23:40.640
<v Speaker 1>upscale grocery store chain Whole Foods. The deal was reported

0:23:40.680 --> 0:23:44.080
<v Speaker 1>to be about thirteen point seven billion dollars, which is

0:23:44.480 --> 0:23:46.480
<v Speaker 1>just shy of how much it costs to shop at

0:23:46.520 --> 0:23:51.320
<v Speaker 1>Whole Foods for a week of groceries and hey, let's

0:23:51.359 --> 0:23:56.320
<v Speaker 1>check in with Uber, shall he. So? In in June

0:23:55.440 --> 0:23:59.960
<v Speaker 1>of CEO Travis Kalanik announced he would take a lead

0:24:00.040 --> 0:24:04.280
<v Speaker 1>eve of absence. His departure would end up being permanent.

0:24:04.840 --> 0:24:08.320
<v Speaker 1>The former CEO of Expedia, Dara kasro Shah, he became

0:24:08.359 --> 0:24:10.600
<v Speaker 1>the new CEO of the company a couple of months

0:24:10.680 --> 0:24:13.919
<v Speaker 1>later in August. He came into a company that was

0:24:14.040 --> 0:24:18.800
<v Speaker 1>in crisis, not just from a rash of sexual harassment

0:24:18.840 --> 0:24:23.920
<v Speaker 1>scandals that were still unresolved, but also there was these

0:24:24.000 --> 0:24:27.840
<v Speaker 1>charges that law enforcement were levying against Uber, saying that

0:24:28.080 --> 0:24:31.520
<v Speaker 1>the company had developed software specifically designed to help drivers

0:24:31.600 --> 0:24:35.199
<v Speaker 1>evade law enforcement. This is something that the company is

0:24:35.240 --> 0:24:39.720
<v Speaker 1>still dealing with today. Moving on into July, that's when

0:24:39.800 --> 0:24:43.000
<v Speaker 1>hyper Loop one held its first full scale test of

0:24:43.000 --> 0:24:46.240
<v Speaker 1>its technology. It happened on a test track in Nevada

0:24:46.480 --> 0:24:49.439
<v Speaker 1>using an actual size vehicle, So there is like a

0:24:49.520 --> 0:24:54.040
<v Speaker 1>full scale vehicle of what would end up being the

0:24:54.119 --> 0:24:57.000
<v Speaker 1>types of transportation we would get into once the system

0:24:57.040 --> 0:25:01.000
<v Speaker 1>is complete. However, no one was inside this test vehicle.

0:25:01.480 --> 0:25:04.960
<v Speaker 1>The hyper loop one method relies on mag lev technology,

0:25:05.000 --> 0:25:08.480
<v Speaker 1>which is different from the original hyper loop concept that

0:25:08.520 --> 0:25:12.280
<v Speaker 1>Elon Musk talked about. Elon Musk's version used what he

0:25:12.359 --> 0:25:16.800
<v Speaker 1>called air skis, so you would use uh, you pump

0:25:16.880 --> 0:25:20.080
<v Speaker 1>air down kind of like a reverse air hockey table,

0:25:20.720 --> 0:25:23.720
<v Speaker 1>and that would allow the pod to float above the

0:25:23.760 --> 0:25:27.640
<v Speaker 1>surface of the tunnel, and then you might use magnets

0:25:27.640 --> 0:25:30.800
<v Speaker 1>to propel it forward. But in this case, instead of

0:25:30.880 --> 0:25:34.080
<v Speaker 1>using air skis, the hyper loop one method actually used

0:25:34.240 --> 0:25:37.800
<v Speaker 1>magnetic levitation itself, so you're using permanent and electro magnets

0:25:37.800 --> 0:25:42.080
<v Speaker 1>to repel against one another and thus levitate the pod

0:25:42.280 --> 0:25:45.760
<v Speaker 1>above the surface of the track. Otherwise, it's very similar

0:25:45.800 --> 0:25:49.840
<v Speaker 1>to elon Musk's original concept. The test had the pod

0:25:49.920 --> 0:25:54.000
<v Speaker 1>elevate for about five seconds, not terribly long, but it

0:25:54.080 --> 0:25:58.280
<v Speaker 1>did accelerate to about two gs, so that's twice the

0:25:58.320 --> 0:26:03.080
<v Speaker 1>strength of gravity of Earth, so that's pretty impressive that it,

0:26:03.720 --> 0:26:06.760
<v Speaker 1>you know, went to two g acceleration within five seconds.

0:26:07.359 --> 0:26:11.080
<v Speaker 1>July was also when Adobe announced its plan for terminating

0:26:11.240 --> 0:26:14.600
<v Speaker 1>flash software. It's going to be a gradual death with

0:26:14.680 --> 0:26:18.000
<v Speaker 1>the end of distribution and updates not scheduled until twenty

0:26:18.440 --> 0:26:20.320
<v Speaker 1>so it's gonna be around a few more years. That's

0:26:20.320 --> 0:26:22.639
<v Speaker 1>supposed to give content creators the time they need to

0:26:22.680 --> 0:26:25.119
<v Speaker 1>move their work over to a more secure platform like

0:26:25.320 --> 0:26:29.479
<v Speaker 1>HTML five rather than the relatively vulnerable and venerable flash

0:26:29.520 --> 0:26:33.320
<v Speaker 1>program or platform, I should say. China announced that it

0:26:33.440 --> 0:26:38.159
<v Speaker 1>had completed a and connected a massive floating solar farm.

0:26:38.600 --> 0:26:40.760
<v Speaker 1>The farm itself is on top of a flooded region

0:26:40.800 --> 0:26:44.760
<v Speaker 1>that once used to mine coal, so that's kind of cool. Also,

0:26:44.800 --> 0:26:48.520
<v Speaker 1>the pictures of this massive floating solar farm are really impressive.

0:26:48.960 --> 0:26:50.960
<v Speaker 1>It also marks another example of how the nation of

0:26:51.040 --> 0:26:54.600
<v Speaker 1>China is working on being a global leader in renewable energy.

0:26:55.119 --> 0:26:58.119
<v Speaker 1>Elon Musk in July tweeted that he had received a

0:26:58.200 --> 0:27:00.560
<v Speaker 1>verbal go ahead from the White House to begin a

0:27:00.640 --> 0:27:03.960
<v Speaker 1>huge project that would connect Washington, d C. With New

0:27:04.040 --> 0:27:09.840
<v Speaker 1>York via an underground tunnel, presumably using hyperlop like technology

0:27:09.880 --> 0:27:12.919
<v Speaker 1>to transport people between the cities at high speeds so

0:27:12.960 --> 0:27:14.960
<v Speaker 1>that you could get between them in like half an hour.

0:27:15.800 --> 0:27:20.159
<v Speaker 1>Must get introduced a new company called the Boring Company.

0:27:20.200 --> 0:27:23.320
<v Speaker 1>Boring as in digging or tunneling. That is, the plan

0:27:23.440 --> 0:27:25.920
<v Speaker 1>is to use massive digging machines, which by the way,

0:27:26.119 --> 0:27:30.000
<v Speaker 1>work at a pace that's slower than a snail. That's

0:27:30.040 --> 0:27:33.400
<v Speaker 1>absolutely true, in order to dig these tunnels between an

0:27:33.520 --> 0:27:37.480
<v Speaker 1>under cities. In an effort to revolutionize transportation. In November

0:27:37.880 --> 0:27:41.679
<v Speaker 1>sev a White House advisor said that disapproval was not

0:27:41.800 --> 0:27:44.360
<v Speaker 1>official or a green light for the project at all,

0:27:44.400 --> 0:27:48.520
<v Speaker 1>that this verbal agreement was more like verbal excitement, and

0:27:48.600 --> 0:27:51.000
<v Speaker 1>even if it had been a verbal agreement, such an

0:27:51.080 --> 0:27:54.359
<v Speaker 1>undertaking would involve many more governmental bodies at the state

0:27:54.440 --> 0:27:59.040
<v Speaker 1>and city and county levels, so it's not exactly signed, sealed,

0:27:59.040 --> 0:28:02.840
<v Speaker 1>and delivered. That month, Microsoft announced it would also layoff

0:28:03.000 --> 0:28:06.560
<v Speaker 1>around three thousand employees in an effort to reorganize the

0:28:06.560 --> 0:28:10.359
<v Speaker 1>company and focus more on cloud based services, thus showing

0:28:10.359 --> 0:28:14.959
<v Speaker 1>a massive shift in Microsoft strategy. Now we get into August,

0:28:16.040 --> 0:28:19.560
<v Speaker 1>a string of resignations on various United States White House

0:28:19.560 --> 0:28:23.960
<v Speaker 1>Economic councils made headlines that month. Executives from many companies,

0:28:24.000 --> 0:28:27.280
<v Speaker 1>including big ones in the tech sector, handed in resignation

0:28:27.359 --> 0:28:30.080
<v Speaker 1>letters citing differences of philosophy with the President of the

0:28:30.119 --> 0:28:34.080
<v Speaker 1>United States, and among those who left these councils were

0:28:34.400 --> 0:28:38.600
<v Speaker 1>Jeff Emilt, who was the chairman of General Electric, Brian Krasnick,

0:28:39.200 --> 0:28:42.920
<v Speaker 1>the CEO of Intel, Windell Weeks, the CEO of Corning,

0:28:43.120 --> 0:28:46.840
<v Speaker 1>and more, Elon Musk, the founder of Tesla, and Bob

0:28:46.880 --> 0:28:50.400
<v Speaker 1>Iger of the Walt Disney Company had already left in June.

0:28:50.800 --> 0:28:54.160
<v Speaker 1>Travis Kalanik, who was the former CEO of Uber, we

0:28:54.200 --> 0:28:56.520
<v Speaker 1>talked about just minute ago. Uh. Of course, he had

0:28:56.560 --> 0:28:59.280
<v Speaker 1>his own laundry list of problems to handle throughout seventeen.

0:28:59.520 --> 0:29:02.280
<v Speaker 1>He left the Strategic Policy Council all the way back

0:29:02.280 --> 0:29:05.520
<v Speaker 1>in February, but August marked as sort of a mass

0:29:05.600 --> 0:29:09.920
<v Speaker 1>resignation for various councils and mostly consisted of prominent business leaders.

0:29:11.200 --> 0:29:15.520
<v Speaker 1>Over at Google, an engineer named James Demore released a

0:29:15.560 --> 0:29:20.760
<v Speaker 1>memo that argued against Google's employee diversity measures. The memo

0:29:20.880 --> 0:29:23.960
<v Speaker 1>protested several of Google's initiatives that were aimed to create

0:29:24.040 --> 0:29:28.840
<v Speaker 1>an inclusive environment, particularly for women. Demore's memo made headlines,

0:29:28.840 --> 0:29:31.560
<v Speaker 1>and Google was quick to act. They fired the more

0:29:31.720 --> 0:29:34.080
<v Speaker 1>in the wake of the news, and among the elements

0:29:34.120 --> 0:29:36.360
<v Speaker 1>of the memo that riled up the text fear were

0:29:36.440 --> 0:29:40.360
<v Speaker 1>his hypotheses that the gender gap in tech exists not

0:29:40.480 --> 0:29:44.880
<v Speaker 1>because there's been an historic resistance and sometimes pervasive hostility

0:29:44.960 --> 0:29:48.800
<v Speaker 1>toward women entering the tech field, but that biological differences

0:29:48.840 --> 0:29:53.000
<v Speaker 1>between the sexes were to blame. Reaction to Demore's firing

0:29:53.040 --> 0:29:55.520
<v Speaker 1>has also been across the board but there's actually a

0:29:55.520 --> 0:29:58.080
<v Speaker 1>pretty large group of folks who feel that while he

0:29:58.160 --> 0:30:00.280
<v Speaker 1>may have been expressing a point of view or two

0:30:00.280 --> 0:30:04.680
<v Speaker 1>Google's culture, it wasn't necessarily something that in itself should

0:30:04.720 --> 0:30:06.680
<v Speaker 1>have been a fire a bowl offense. And this is

0:30:06.720 --> 0:30:09.240
<v Speaker 1>across the board. It's not one side or the other

0:30:09.280 --> 0:30:12.440
<v Speaker 1>that argues is a lot of people say maybe firing

0:30:12.520 --> 0:30:16.600
<v Speaker 1>him might have been going too far, But from Google's perspective,

0:30:17.000 --> 0:30:19.920
<v Speaker 1>they were pointing out that this was a very disruptive

0:30:19.960 --> 0:30:22.640
<v Speaker 1>point of view and it was difficult to deal with

0:30:22.800 --> 0:30:27.480
<v Speaker 1>in a constructive way. Disney made an announcement in August

0:30:27.480 --> 0:30:30.080
<v Speaker 1>that it was going to acquire a company called bam Tech,

0:30:30.640 --> 0:30:33.960
<v Speaker 1>a streaming video company that's behind services like HBO Now

0:30:34.320 --> 0:30:37.160
<v Speaker 1>and the ones that Major League Baseball and the NHL use.

0:30:37.520 --> 0:30:40.520
<v Speaker 1>Disney also announced its own video streaming strategy, which will

0:30:40.520 --> 0:30:43.880
<v Speaker 1>consist of its own service, and this will mean that

0:30:43.960 --> 0:30:47.320
<v Speaker 1>it's going to start phasing titles off of other platforms

0:30:47.360 --> 0:30:50.840
<v Speaker 1>such as Netflix over the next couple of years. Microsoft

0:30:50.920 --> 0:30:53.680
<v Speaker 1>would show off some mixed reality headsets, which are meant

0:30:53.720 --> 0:30:56.880
<v Speaker 1>to bring augmented reality to the general consumer. The company

0:30:56.920 --> 0:30:59.440
<v Speaker 1>works with hardware manufacturers to make a platform for are

0:30:59.520 --> 0:31:04.320
<v Speaker 1>hardware applications, and Lee Jay Young, one of the heirs

0:31:04.360 --> 0:31:08.920
<v Speaker 1>to the Samsung fortune, received a five year prison sentence

0:31:09.000 --> 0:31:12.680
<v Speaker 1>for being found guilty of bribery and embezzlement. Now to

0:31:12.720 --> 0:31:16.360
<v Speaker 1>hear more about the crazy stories involving Samsung's ruling family,

0:31:16.800 --> 0:31:18.680
<v Speaker 1>check out the series of episodes I did on the

0:31:18.720 --> 0:31:23.120
<v Speaker 1>company earlier this year. All right, we are two thirds

0:31:23.120 --> 0:31:25.440
<v Speaker 1>of the way through. We still got the last little

0:31:25.480 --> 0:31:27.160
<v Speaker 1>bit of the year to get through. But before I

0:31:27.240 --> 0:31:30.040
<v Speaker 1>jump into that, let's take another quick break to thank

0:31:30.080 --> 0:31:42.960
<v Speaker 1>our sponsor. Okay, September, we're in the home stretch. Boiler

0:31:43.080 --> 0:31:46.880
<v Speaker 1>stuff happened. In September. Apple held its annual press event,

0:31:47.120 --> 0:31:50.040
<v Speaker 1>in which it unveiled new products, including the iPhone eight

0:31:50.080 --> 0:31:54.240
<v Speaker 1>and the iPhone ten, which once again reinforce the idea

0:31:54.280 --> 0:31:56.560
<v Speaker 1>that's really tough to be the number nine in the

0:31:56.600 --> 0:31:59.800
<v Speaker 1>tech world. Apple skipped it. Microsoft skipped it with the

0:31:59.800 --> 0:32:03.440
<v Speaker 1>wind Nose platform. The iPhone ten, so called because it's

0:32:03.480 --> 0:32:07.760
<v Speaker 1>ten years after the original iPhone, features a super retina display,

0:32:08.080 --> 0:32:11.960
<v Speaker 1>facial recognition technology that has come under fire recently for

0:32:12.000 --> 0:32:15.760
<v Speaker 1>alleged vulnerabilities, and a design that makes the phone look

0:32:15.800 --> 0:32:18.240
<v Speaker 1>like it's just a really attractive screen and that's it.

0:32:18.760 --> 0:32:20.840
<v Speaker 1>And by that, I mean it's impressive that it looks

0:32:20.840 --> 0:32:24.000
<v Speaker 1>like it's just a screen. It's also pretty expensive, with

0:32:24.040 --> 0:32:27.440
<v Speaker 1>the starting price of nine ninety nine dollars. Now, one

0:32:27.440 --> 0:32:30.680
<v Speaker 1>of the stories that has spanned much of seventeen was

0:32:30.800 --> 0:32:35.720
<v Speaker 1>the sixteen election and the involvement of Russian influence upon

0:32:35.760 --> 0:32:39.720
<v Speaker 1>it at different levels, from charges of fraudulent ads to

0:32:39.920 --> 0:32:42.360
<v Speaker 1>more direct attempts to influence the outcome of the election.

0:32:42.440 --> 0:32:47.160
<v Speaker 1>We've seen multiple accusations fly, we've seen denials, we've seen investigations.

0:32:47.480 --> 0:32:51.520
<v Speaker 1>In September, Facebook reported that Russian operatives had spent around

0:32:51.600 --> 0:32:55.080
<v Speaker 1>one thousand dollars in fraudulent ads to throw support toward

0:32:55.160 --> 0:32:59.040
<v Speaker 1>Donald Trump during the election season. Twitter and Google revealed

0:32:59.040 --> 0:33:02.720
<v Speaker 1>that their investigation has found similar evidence of clandestine involvement.

0:33:03.080 --> 0:33:04.920
<v Speaker 1>And this has brought up a lot of tough questions

0:33:04.960 --> 0:33:07.720
<v Speaker 1>about how the United States and companies within it can

0:33:07.760 --> 0:33:11.040
<v Speaker 1>make certain that foreign parties can't exert such direct influence

0:33:11.120 --> 0:33:14.640
<v Speaker 1>over American voters. It's been pretty ugly and it's still

0:33:14.680 --> 0:33:18.880
<v Speaker 1>a story that is unfolding even as I record right now.

0:33:19.560 --> 0:33:22.760
<v Speaker 1>But yeah, that's been a lot of fun. A related

0:33:22.800 --> 0:33:25.600
<v Speaker 1>story by the way is the whole concept of fake news.

0:33:26.080 --> 0:33:28.560
<v Speaker 1>The term has been used to describe false stories that

0:33:28.680 --> 0:33:32.440
<v Speaker 1>only have the goal of influencing behaviors or reinforcing beliefs

0:33:32.480 --> 0:33:35.760
<v Speaker 1>without relying on actual facts, and in general promoting one

0:33:35.800 --> 0:33:39.520
<v Speaker 1>perspective over others without regard for honesty. And you can

0:33:39.520 --> 0:33:42.480
<v Speaker 1>find examples of this for different ideology. So I want

0:33:42.520 --> 0:33:45.960
<v Speaker 1>to be clear, I'm not singling out any one side

0:33:46.120 --> 0:33:51.640
<v Speaker 1>over another. You can find examples for either the right

0:33:51.680 --> 0:33:55.000
<v Speaker 1>side or the left side. There they're examples of both.

0:33:56.200 --> 0:33:59.680
<v Speaker 1>But it also became a rallying cry for anyone who

0:33:59.680 --> 0:34:02.760
<v Speaker 1>takes you with any news article or report with which

0:34:02.760 --> 0:34:06.200
<v Speaker 1>they disagree. So in other words, you don't agree with something,

0:34:06.400 --> 0:34:09.960
<v Speaker 1>you call it those fake news, and that's the extent

0:34:10.040 --> 0:34:13.640
<v Speaker 1>of your argument. That's also kind of awful, not kind

0:34:13.680 --> 0:34:16.520
<v Speaker 1>of it's just awful. Another huge story that broke in

0:34:16.560 --> 0:34:20.120
<v Speaker 1>September centered on Equifax talked about awful. This is a

0:34:20.120 --> 0:34:23.839
<v Speaker 1>consumer credit reporting agency. The company revealed that hackers had

0:34:23.840 --> 0:34:27.960
<v Speaker 1>managed to exploit a vulnerability and Equifax's web systems, and

0:34:28.000 --> 0:34:32.080
<v Speaker 1>they gained access to millions of customers data records in

0:34:32.120 --> 0:34:35.399
<v Speaker 1>one of the worst data breaches in history. More than

0:34:35.440 --> 0:34:39.279
<v Speaker 1>a hundred forty three million people were affected by this.

0:34:40.040 --> 0:34:43.839
<v Speaker 1>The company's former CEO, who stepped down in light of

0:34:43.880 --> 0:34:47.279
<v Speaker 1>this controversy, was brought before the United States Congress to

0:34:47.360 --> 0:34:51.000
<v Speaker 1>explain what had happened, and while the story broke in September,

0:34:51.400 --> 0:34:54.719
<v Speaker 1>the actual events dated back further. In twenty seventeen, the

0:34:54.760 --> 0:34:59.000
<v Speaker 1>former CEO revealed that the Department of Homeland Security alerted

0:34:59.040 --> 0:35:03.080
<v Speaker 1>Equifax to the presence of a vulnerability in the Apache

0:35:03.120 --> 0:35:08.480
<v Speaker 1>struts software package, which was used in equifaxes Online Disputes Portal,

0:35:08.840 --> 0:35:12.080
<v Speaker 1>which is where consumers could dispute credit report items. Let's

0:35:12.080 --> 0:35:14.200
<v Speaker 1>say you see something in your credit report that doesn't

0:35:14.200 --> 0:35:17.120
<v Speaker 1>belong there, you would go online and use this particular

0:35:17.239 --> 0:35:20.360
<v Speaker 1>portal so that you could file a claim. Well, according

0:35:20.360 --> 0:35:24.640
<v Speaker 1>to company policy, Equifax was supposed to patch all instances

0:35:24.840 --> 0:35:28.080
<v Speaker 1>of this software in their systems within forty eight hours.

0:35:28.120 --> 0:35:31.600
<v Speaker 1>That's company policy. That wasn't you know, a law or anything.

0:35:31.640 --> 0:35:34.319
<v Speaker 1>They just said, if we find a vulnerability, it is

0:35:34.320 --> 0:35:37.560
<v Speaker 1>our responsibility to fix it within forty eight hours. But

0:35:38.440 --> 0:35:42.880
<v Speaker 1>for some reason that didn't happen. So the first detected

0:35:42.920 --> 0:35:48.120
<v Speaker 1>intrusion into EQUIFAXES systems happened in early May seventeen. Now,

0:35:48.200 --> 0:35:51.719
<v Speaker 1>remember they found out about those vulnerabilities in March, so

0:35:51.920 --> 0:35:54.600
<v Speaker 1>more than a month later. That's when they first detect

0:35:54.640 --> 0:35:59.560
<v Speaker 1>an intrusion. And these intrusions continued through June, and it

0:35:59.560 --> 0:36:03.480
<v Speaker 1>wouldn't until September that Equifax would actually announce anything. So

0:36:03.680 --> 0:36:06.319
<v Speaker 1>several months before anyone outside of the company learned of

0:36:06.360 --> 0:36:10.680
<v Speaker 1>this potentially devastating data breach. It did not win Equifax

0:36:10.880 --> 0:36:15.040
<v Speaker 1>any new fans. Oh. Also, that month, Uber got banned

0:36:15.080 --> 0:36:18.400
<v Speaker 1>in London. You didn't forget about Uber, did you? Actually?

0:36:18.440 --> 0:36:20.800
<v Speaker 1>To be more accurate, Uber was told that it's licensed

0:36:20.800 --> 0:36:24.440
<v Speaker 1>to operate in the city would expire on September and

0:36:24.520 --> 0:36:28.360
<v Speaker 1>the city would not renew that license. However, the company

0:36:28.400 --> 0:36:31.200
<v Speaker 1>would be allowed to continue to operate within the City

0:36:31.239 --> 0:36:35.440
<v Speaker 1>of London while appealing this decision. Many issues led to

0:36:35.480 --> 0:36:38.520
<v Speaker 1>that decision, not the least of which was this scandal

0:36:38.560 --> 0:36:43.320
<v Speaker 1>involving Uber's technology that allegedly allowed drivers to evade law enforcement.

0:36:43.800 --> 0:36:47.560
<v Speaker 1>So what's the status now? Well, in November, the Mayor

0:36:47.600 --> 0:36:51.040
<v Speaker 1>of London said the appeals process could quote go on

0:36:51.239 --> 0:36:55.799
<v Speaker 1>for a number of years end quote So Pip, Pip Gueri, Oh,

0:36:55.800 --> 0:36:59.960
<v Speaker 1>I guess A side note, Anthony Lewandowski, the former Google

0:37:00.000 --> 0:37:02.840
<v Speaker 1>employee at the heart of the way Moos slash uber

0:37:02.960 --> 0:37:08.359
<v Speaker 1>Legal Battle, founded a tech based religion in September. He

0:37:08.360 --> 0:37:12.080
<v Speaker 1>claims to want to create an artificially intelligent godhead for

0:37:12.200 --> 0:37:15.920
<v Speaker 1>humans to worship, one which will make decisions for people

0:37:16.000 --> 0:37:19.960
<v Speaker 1>and generally guide humanity. And yes, I will do a

0:37:20.000 --> 0:37:23.560
<v Speaker 1>full episode on this concept in the future, because how

0:37:23.600 --> 0:37:29.400
<v Speaker 1>could I not. That moves us to October Now. A

0:37:29.480 --> 0:37:35.520
<v Speaker 1>year earlier, back in the little company Snapchat, the social

0:37:35.560 --> 0:37:43.920
<v Speaker 1>network that everybody envies, debuted a consumer electronics gadget called Spectacles. Now,

0:37:43.920 --> 0:37:47.000
<v Speaker 1>these were sunglasses that incorporated a camera, and the camera

0:37:47.040 --> 0:37:49.440
<v Speaker 1>could take photos and video and upload them to a

0:37:49.520 --> 0:37:55.160
<v Speaker 1>user's Snapchat. Well, when these glasses first premiered in they

0:37:55.160 --> 0:37:58.160
<v Speaker 1>were a hot commodity. You would have these pop up

0:37:58.239 --> 0:38:00.840
<v Speaker 1>vending machines that would be installed in different places in

0:38:00.880 --> 0:38:05.560
<v Speaker 1>Trindy cities and major markets, and and techno hipsters eager

0:38:05.600 --> 0:38:07.719
<v Speaker 1>to be one of the elite would line up for

0:38:07.840 --> 0:38:11.120
<v Speaker 1>hours to buy a pair. You flash forward a year

0:38:11.200 --> 0:38:16.200
<v Speaker 1>later and the story is very different. In October, the Information,

0:38:16.480 --> 0:38:20.400
<v Speaker 1>a journal, published an article detailing the sad state of

0:38:20.440 --> 0:38:24.839
<v Speaker 1>affairs for Snapchat. There are now hundreds of thousands of

0:38:25.040 --> 0:38:29.080
<v Speaker 1>unsold spectacles. Some of them are not yet assembled, others

0:38:29.320 --> 0:38:32.560
<v Speaker 1>are ready to ship immediately if only there were any

0:38:32.600 --> 0:38:36.680
<v Speaker 1>customers to buy them. The company admitted later in November

0:38:37.280 --> 0:38:41.800
<v Speaker 1>that it had spent nearly forty million dollars on quote

0:38:42.239 --> 0:38:48.560
<v Speaker 1>excess inventory reserves and inventory purchase commitment cancelation charges end quote.

0:38:49.280 --> 0:38:53.080
<v Speaker 1>These unmoved units are literally costing the company millions of

0:38:53.120 --> 0:38:58.280
<v Speaker 1>dollars hashtag no filter. Just in time for Halloween, security

0:38:58.320 --> 0:39:01.719
<v Speaker 1>researchers announced that there was a vulnar ability in WiFi technology.

0:39:01.760 --> 0:39:04.719
<v Speaker 1>That's awful. It all has to do with w P,

0:39:04.840 --> 0:39:08.040
<v Speaker 1>a to encryption protocol for WiFi. Users are told they

0:39:08.040 --> 0:39:10.720
<v Speaker 1>should update their firmware on their routers and client devices

0:39:10.800 --> 0:39:15.120
<v Speaker 1>as patches become available. But yeah, not great when the

0:39:15.239 --> 0:39:19.200
<v Speaker 1>underlying encryption technology that is meant to protect an entire

0:39:19.480 --> 0:39:24.879
<v Speaker 1>form of communications ends up having a critical vulnerability. Not

0:39:24.920 --> 0:39:29.400
<v Speaker 1>good at all. Microsoft officially ended manufacturing on the Connect

0:39:29.719 --> 0:39:34.239
<v Speaker 1>Xbox peripheral in October. The motion sensing device had been

0:39:34.280 --> 0:39:38.080
<v Speaker 1>popular among hackers for all sorts of interesting applications, but

0:39:38.239 --> 0:39:41.480
<v Speaker 1>had failed to really catch on with gamers. Now whether

0:39:41.560 --> 0:39:44.320
<v Speaker 1>this was due to the hardware itself or a widely

0:39:44.400 --> 0:39:48.279
<v Speaker 1>lamented lack of content. It didn't really matter. Microsoft just

0:39:48.320 --> 0:39:50.600
<v Speaker 1>decided to pull the plug. Now, this did not really

0:39:50.600 --> 0:39:53.440
<v Speaker 1>come as a surprise because more recent versions of the

0:39:53.600 --> 0:39:56.960
<v Speaker 1>Xbox One have shipped without a dedicated connect port on

0:39:57.000 --> 0:39:59.520
<v Speaker 1>the console itself, so the writing was kind of on

0:39:59.560 --> 0:40:03.440
<v Speaker 1>the wall. But in October it became official. Amazon announced

0:40:03.480 --> 0:40:07.040
<v Speaker 1>a new program called Key, which would allow customers to

0:40:07.120 --> 0:40:10.880
<v Speaker 1>authorize delivery personnel to enter their homes and deliver packages

0:40:10.920 --> 0:40:15.520
<v Speaker 1>while they are away. I don't think i'd be comfortable

0:40:15.760 --> 0:40:19.319
<v Speaker 1>doing that. I'd rather the box be left on my

0:40:19.560 --> 0:40:22.680
<v Speaker 1>porch and I just have to hope nobody steals it

0:40:23.440 --> 0:40:26.440
<v Speaker 1>rather than having an Amazon person coming into my house

0:40:26.480 --> 0:40:30.560
<v Speaker 1>to drop off a package. But maybe that's just me. November.

0:40:32.440 --> 0:40:37.880
<v Speaker 1>Early that month, US President Donald Trump had a brief

0:40:37.920 --> 0:40:42.439
<v Speaker 1>snaff who with his Twitter account. It disappeared, it was deactivated,

0:40:42.480 --> 0:40:45.840
<v Speaker 1>it was gone, seemingly deleted, and it was so for

0:40:45.920 --> 0:40:50.960
<v Speaker 1>about eleven minutes, then it returned. It so happens that

0:40:51.040 --> 0:40:54.720
<v Speaker 1>a Twitter customer support employee decided to deactivate the President's

0:40:54.760 --> 0:40:57.640
<v Speaker 1>Twitter account on their last day at the company as

0:40:57.680 --> 0:41:00.920
<v Speaker 1>a defiant gesture. Twitter and now as a result of

0:41:00.920 --> 0:41:03.320
<v Speaker 1>that action, the company would do a full internal review

0:41:03.400 --> 0:41:06.200
<v Speaker 1>and make changes to avoid having any one employee having

0:41:06.239 --> 0:41:11.320
<v Speaker 1>that power ever again. But boy, that definitely got Twitter

0:41:11.360 --> 0:41:16.440
<v Speaker 1>conversations going due to those eleven minutes. Bitcoin, the cryptocurrency

0:41:16.520 --> 0:41:20.200
<v Speaker 1>that has had incredible ups and downs throughout its entire existence,

0:41:20.560 --> 0:41:24.160
<v Speaker 1>started off seventeen worth a little less than a thousand

0:41:24.239 --> 0:41:28.000
<v Speaker 1>dollars per bitcoin. In November of seventeen, the value of

0:41:28.000 --> 0:41:31.279
<v Speaker 1>bitcoin topped ten thousand dollars for the first time ever.

0:41:32.040 --> 0:41:35.040
<v Speaker 1>The morning that I'm recording this had the value of

0:41:35.040 --> 0:41:38.440
<v Speaker 1>a single bitcoin listed at twelve thousand, eight hundred seventy

0:41:38.440 --> 0:41:41.919
<v Speaker 1>three dollars and ninety nine cents. There have been so

0:41:42.000 --> 0:41:45.520
<v Speaker 1>many stories about bitcoin in twenty seventeen, tons of them.

0:41:45.560 --> 0:41:49.080
<v Speaker 1>Several journals reported on lost bitcoin that are likely never

0:41:49.239 --> 0:41:52.880
<v Speaker 1>to be recovered. The design of bitcoin necessitates that there

0:41:52.960 --> 0:41:55.680
<v Speaker 1>is a finite number that will ever be released to

0:41:55.719 --> 0:41:58.640
<v Speaker 1>the world. That number is twenty one million bitcoin, and

0:41:58.680 --> 0:42:01.720
<v Speaker 1>the release happens over time through a process called mining.

0:42:02.200 --> 0:42:05.080
<v Speaker 1>Bitcoin are stored as data, and if you lose the

0:42:05.080 --> 0:42:09.040
<v Speaker 1>devices that contain that data, it's like you just lost

0:42:09.080 --> 0:42:12.240
<v Speaker 1>a wallet full of money. According to a study cited

0:42:12.239 --> 0:42:16.680
<v Speaker 1>by The Independent, around three point seven nine million bitcoin

0:42:16.800 --> 0:42:19.520
<v Speaker 1>may be lost in such a way, which means a

0:42:19.560 --> 0:42:23.680
<v Speaker 1>loss of many billions of dollars worth of bitcoin. One

0:42:23.719 --> 0:42:28.120
<v Speaker 1>guy named James Howells says he alone lost seven thousand,

0:42:28.280 --> 0:42:32.480
<v Speaker 1>five hundred bitcoin by accidentally throwing away a hard drive

0:42:32.560 --> 0:42:37.360
<v Speaker 1>that had his bitcoin supply stored on it. At twelve

0:42:37.440 --> 0:42:40.600
<v Speaker 1>thousand dollars a pop, seven thousand, five hundred bitcoins is

0:42:40.640 --> 0:42:46.200
<v Speaker 1>an astounding amount of wealth. Numerous financial experts have debated

0:42:46.320 --> 0:42:49.359
<v Speaker 1>about whether or not there's going to be a bitcoin

0:42:49.480 --> 0:42:52.960
<v Speaker 1>bubble burst, like is a crash coming, When might it

0:42:53.040 --> 0:42:55.640
<v Speaker 1>happen and how bad is it going to be. Some

0:42:55.680 --> 0:42:58.760
<v Speaker 1>state that the currency is destined for a massive collapse.

0:42:59.000 --> 0:43:02.520
<v Speaker 1>Others argue there's no real grounds for that prediction. Bitcoin's

0:43:02.600 --> 0:43:05.239
<v Speaker 1>value has certainly fluctuated over the years, so we'll likely

0:43:05.239 --> 0:43:08.200
<v Speaker 1>see some big changes over time, but the currency has

0:43:08.239 --> 0:43:12.520
<v Speaker 1>stuck around so far. YouTube began to face harsh criticism

0:43:12.560 --> 0:43:16.320
<v Speaker 1>for its YouTube Kids service, which is supposed to serve

0:43:16.400 --> 0:43:19.239
<v Speaker 1>up age appropriate material for kids to enjoy, but was

0:43:19.280 --> 0:43:21.719
<v Speaker 1>having issues with people slipping in videos that were at

0:43:21.800 --> 0:43:26.160
<v Speaker 1>best questionable and at worst wildly inappropriate for the service.

0:43:26.640 --> 0:43:28.600
<v Speaker 1>Part of the problem is just the sheer amount of

0:43:28.640 --> 0:43:31.840
<v Speaker 1>material being added to YouTube every moment. It's an estimated

0:43:31.880 --> 0:43:36.359
<v Speaker 1>four hundred hours of content every single minute. At that rate,

0:43:36.480 --> 0:43:39.000
<v Speaker 1>it's very difficult to vet everything and make sure it

0:43:39.040 --> 0:43:42.200
<v Speaker 1>passes muster. So YouTube is now under pressure to design

0:43:42.200 --> 0:43:46.000
<v Speaker 1>a system that more effectively filters out inappropriate content. Tesla

0:43:46.040 --> 0:43:49.640
<v Speaker 1>Motors merged with the solar provider company Solar City for

0:43:49.719 --> 0:43:53.320
<v Speaker 1>an estimated two point six billion dollars. Solar City was

0:43:53.400 --> 0:43:56.359
<v Speaker 1>founded by some of Elon Musk's relatives and has a

0:43:56.360 --> 0:43:59.680
<v Speaker 1>close relationship with the batteries that Tesla produces, but not

0:43:59.760 --> 0:44:03.279
<v Speaker 1>every thing was sonny for Tesla Motors. In seventeen, the

0:44:03.360 --> 0:44:06.520
<v Speaker 1>company missed its ship date for the Model three Tesla,

0:44:06.800 --> 0:44:10.200
<v Speaker 1>and on November one reported that it wouldn't hit the

0:44:10.280 --> 0:44:13.320
<v Speaker 1>five thousand units per week number the company had promised

0:44:13.680 --> 0:44:19.360
<v Speaker 1>until late q one. The company cited unspecified production bottlenecks

0:44:19.360 --> 0:44:21.560
<v Speaker 1>as the reason for the delay initially, but in a

0:44:21.640 --> 0:44:25.640
<v Speaker 1>later shareholder letter more details emerged. According to that letter,

0:44:25.880 --> 0:44:29.440
<v Speaker 1>the major delay came from the quote battery module assembly

0:44:29.480 --> 0:44:32.960
<v Speaker 1>line at Giga Factory one, where cells are packaged into

0:44:33.000 --> 0:44:36.040
<v Speaker 1>modules in the quote. The letter went on to explain

0:44:36.120 --> 0:44:39.799
<v Speaker 1>the complexity of the design required more time to manufacture

0:44:39.880 --> 0:44:43.520
<v Speaker 1>and as symbol than engineers had anticipated. The delays came

0:44:43.520 --> 0:44:45.840
<v Speaker 1>with more than just the cost of not moving units.

0:44:46.040 --> 0:44:50.759
<v Speaker 1>Investors filed a lawsuit against Tesla, alleging that the executives

0:44:50.800 --> 0:44:54.520
<v Speaker 1>had deliberately hidden the nature of these delays from investors

0:44:54.719 --> 0:44:58.120
<v Speaker 1>in an attempt to preserve the company's value. Oh And

0:44:58.400 --> 0:45:01.319
<v Speaker 1>the company also faced law suits from workers claiming to

0:45:01.320 --> 0:45:05.200
<v Speaker 1>have experienced discrimination at the Fremont, California plant, claims that

0:45:05.320 --> 0:45:09.040
<v Speaker 1>Tesla representatives have been quake to deny. David carp, the

0:45:09.120 --> 0:45:12.400
<v Speaker 1>founder of Tumbler, announced he would leave the company after

0:45:12.520 --> 0:45:16.239
<v Speaker 1>eleven years of working there. Yahoo had purchased Tumbler back

0:45:16.239 --> 0:45:20.799
<v Speaker 1>in two thousand thirteen for one billion dollars. By March

0:45:20.880 --> 0:45:24.080
<v Speaker 1>of twenty sixteen, Yahoo had to write off that purchase,

0:45:24.160 --> 0:45:27.799
<v Speaker 1>essentially saying the whole thing was lost. The Tumbler acquisition

0:45:27.880 --> 0:45:30.280
<v Speaker 1>is one of the decisions that critics of Merissa Meyers

0:45:30.320 --> 0:45:35.040
<v Speaker 1>say led to the downfall of Yahoo. Uber YEP, We're

0:45:35.080 --> 0:45:38.480
<v Speaker 1>back to Them continued its tumultuous year with yet another scandal.

0:45:38.760 --> 0:45:42.080
<v Speaker 1>In late November, news broke that Uber Systems had been

0:45:42.239 --> 0:45:45.880
<v Speaker 1>the target of hackers in sixteen. Further that the hackers

0:45:45.880 --> 0:45:49.160
<v Speaker 1>were able to access and steal customer data in that attack,

0:45:49.280 --> 0:45:53.160
<v Speaker 1>and worse yet, the head of Uber's security department, Joe Sullivan,

0:45:53.360 --> 0:45:56.880
<v Speaker 1>had authorized payments to the hackers to the tune of

0:45:57.000 --> 0:46:00.200
<v Speaker 1>one hundred thousand dollars in an effort to cover the

0:46:00.239 --> 0:46:03.160
<v Speaker 1>whole thing up. In the wake of his firing, more

0:46:03.239 --> 0:46:06.320
<v Speaker 1>details about his practices came to light that didn't seem

0:46:06.520 --> 0:46:11.400
<v Speaker 1>terribly ethical. He allegedly told employees to quote use ephemeral

0:46:11.520 --> 0:46:14.680
<v Speaker 1>messaging apps in the quote as an applications that do

0:46:14.719 --> 0:46:17.680
<v Speaker 1>not save threads and delete all the contents after a

0:46:17.680 --> 0:46:20.640
<v Speaker 1>certain amount of time. According to a former Uber employee,

0:46:20.880 --> 0:46:23.360
<v Speaker 1>this was to make sure we didn't create a paper

0:46:23.360 --> 0:46:25.279
<v Speaker 1>trail that would come back to haunt the company in

0:46:25.360 --> 0:46:30.720
<v Speaker 1>any potential criminal or civil litigation. Yikes, alright, home stretch,

0:46:30.719 --> 0:46:34.360
<v Speaker 1>We're in December, and uh, you know, I haven't covered

0:46:34.360 --> 0:46:37.080
<v Speaker 1>a nasty hostile takeover story in a long time. So

0:46:37.160 --> 0:46:40.600
<v Speaker 1>in early December, a company called broad Calm started to

0:46:40.640 --> 0:46:43.319
<v Speaker 1>take the earliest steps toward a hostile takeover of the

0:46:43.320 --> 0:46:48.480
<v Speaker 1>company qual Calm. Qualcom makes semiconductors and telecommunications equipment It

0:46:48.560 --> 0:46:51.840
<v Speaker 1>also has a healthy business in licensing various patents. The

0:46:51.840 --> 0:46:55.239
<v Speaker 1>company holds broad Calm, which used to be known as

0:46:55.239 --> 0:46:59.719
<v Speaker 1>e Vago Technologies, makes stuff that uses semi conductors and

0:46:59.760 --> 0:47:02.320
<v Speaker 1>try uses. Its history back to being part of Hewitt Packard.

0:47:02.640 --> 0:47:05.520
<v Speaker 1>Broadcom had sidled up to Qualcom and offered to buy

0:47:05.560 --> 0:47:08.719
<v Speaker 1>the company for a reported a hundred three billion dollars

0:47:08.800 --> 0:47:13.040
<v Speaker 1>in stocks and cash. Qualcom turned down this initial offer,

0:47:13.840 --> 0:47:18.120
<v Speaker 1>so now Broadcom has nominated eleven people to the board

0:47:18.239 --> 0:47:21.120
<v Speaker 1>of Qualcom in an effort to get the supported needs

0:47:21.120 --> 0:47:25.200
<v Speaker 1>to make the acquisition. Because Qualcom is a publicly traded company,

0:47:25.480 --> 0:47:30.240
<v Speaker 1>it must answer to stockholders. Broadcom's hope is to convince

0:47:30.239 --> 0:47:33.720
<v Speaker 1>those stockholders that their investment will be more valuable should

0:47:33.960 --> 0:47:39.120
<v Speaker 1>Qualcom join Broadcom's umbrella. The stockholders have the ability to

0:47:39.200 --> 0:47:43.759
<v Speaker 1>elect the nominees Broadcom put forward. According to Broadcom representatives,

0:47:43.920 --> 0:47:46.839
<v Speaker 1>stockholders already want this deal to be in place, They've

0:47:46.880 --> 0:47:50.720
<v Speaker 1>just been blocked by Qualcom's board of directors. This story

0:47:50.719 --> 0:47:54.400
<v Speaker 1>will continue to unfold in eighteen as the next shareholder

0:47:54.440 --> 0:47:58.600
<v Speaker 1>meeting for Qualcom isn't until March of that year. Musician

0:47:58.719 --> 0:48:02.320
<v Speaker 1>Neil Young made nearly all of his music available online

0:48:02.360 --> 0:48:06.240
<v Speaker 1>through a streaming service called x stream, which will send

0:48:06.400 --> 0:48:09.719
<v Speaker 1>the highest quality audio stream to a user based on

0:48:09.800 --> 0:48:13.640
<v Speaker 1>that users bandwidth. If you have a wicked fast connection,

0:48:14.080 --> 0:48:17.800
<v Speaker 1>you will presumably have a more rich experience musically speaking.

0:48:18.200 --> 0:48:22.360
<v Speaker 1>The music is free to listen to until June, whereupon

0:48:22.400 --> 0:48:25.719
<v Speaker 1>it turns into a subscription based service. It's interesting to

0:48:25.760 --> 0:48:29.520
<v Speaker 1>see another streaming service pop up because there's already a

0:48:29.560 --> 0:48:32.879
<v Speaker 1>ton of them available, but arguing for sound quality might

0:48:32.960 --> 0:48:36.280
<v Speaker 1>be enough to set it apart from its competitors. Lift,

0:48:36.480 --> 0:48:41.120
<v Speaker 1>the other big right hailing service, recently launched a test

0:48:41.160 --> 0:48:44.880
<v Speaker 1>autonomous car service in the Boston support area. The cars

0:48:45.000 --> 0:48:47.200
<v Speaker 1>still have a human operator behind the wheel, though, so

0:48:47.280 --> 0:48:50.800
<v Speaker 1>it's not entirely driverless yet. The cars themselves were created

0:48:50.800 --> 0:48:53.200
<v Speaker 1>by a company called New Autonomy, so if you're in

0:48:53.239 --> 0:48:55.040
<v Speaker 1>the Boston area, you might be able to get a

0:48:55.120 --> 0:48:59.279
<v Speaker 1>ride from a car that drives itself. Valve, about which

0:48:59.320 --> 0:49:02.840
<v Speaker 1>I did a full podcast series, recently said December that

0:49:02.920 --> 0:49:06.359
<v Speaker 1>it would stop accepting bitcoin in Steam because of how

0:49:06.400 --> 0:49:10.400
<v Speaker 1>wildly the value of the currency fluctuates. Valves stated that

0:49:10.440 --> 0:49:13.600
<v Speaker 1>even in the process of a single transaction, the value

0:49:13.760 --> 0:49:17.759
<v Speaker 1>of bitcoin could change significantly enough to cause major problems.

0:49:18.080 --> 0:49:20.520
<v Speaker 1>So you might determine that something is worth point zero

0:49:20.600 --> 0:49:24.200
<v Speaker 1>zero zero eight bitcoin, but then the value of bitcoin

0:49:24.280 --> 0:49:27.239
<v Speaker 1>changes so much that you end up overpaying or under

0:49:27.239 --> 0:49:29.960
<v Speaker 1>paying for that particular project. And Valve said, this just

0:49:30.080 --> 0:49:32.640
<v Speaker 1>isn't working, and they pulled the plug. By the time

0:49:32.719 --> 0:49:36.040
<v Speaker 1>this episode goes live, the f c C will have

0:49:36.320 --> 0:49:39.120
<v Speaker 1>held a vote on whether to overturn the decision made

0:49:39.160 --> 0:49:41.520
<v Speaker 1>by the former leaders of the f c C to

0:49:41.600 --> 0:49:45.960
<v Speaker 1>reclassify Internet service providers as a common carrier. Since this

0:49:46.000 --> 0:49:49.080
<v Speaker 1>has not yet happened. As a record this episode, I

0:49:49.120 --> 0:49:51.479
<v Speaker 1>can only give a guess as to how it turned out,

0:49:52.040 --> 0:49:54.960
<v Speaker 1>and my guess is that they did indeed overturn that decision.

0:49:55.320 --> 0:49:58.160
<v Speaker 1>I personally consider this the wrong path to take, as

0:49:58.160 --> 0:50:00.880
<v Speaker 1>I feel that without regulations, we will be in danger

0:50:00.920 --> 0:50:04.759
<v Speaker 1>of facing a fractured, throttled Internet based on whatever I

0:50:04.960 --> 0:50:09.680
<v Speaker 1>s P we use. But we'll see. That would be

0:50:09.760 --> 0:50:12.239
<v Speaker 1>all the stories I have prepared, and obviously this is

0:50:12.320 --> 0:50:15.920
<v Speaker 1>just a hint of the stuff that unfolded in. Some

0:50:16.000 --> 0:50:19.120
<v Speaker 1>of the biggest stories are the ones that caught my attention,

0:50:19.520 --> 0:50:22.360
<v Speaker 1>but there are so many others, and I have to

0:50:22.400 --> 0:50:24.880
<v Speaker 1>give a shout out to my buddies over at daily

0:50:25.000 --> 0:50:27.839
<v Speaker 1>tech news show. That'd be Tom Merritt and Sarah Lane

0:50:27.840 --> 0:50:32.400
<v Speaker 1>in particular. They cover this kind of technology news every

0:50:32.400 --> 0:50:34.960
<v Speaker 1>single day. I highly recommend you check out their show

0:50:35.000 --> 0:50:37.240
<v Speaker 1>so that you can keep up to date on news.

0:50:37.520 --> 0:50:40.640
<v Speaker 1>And I relied very heavily on their past episodes, the

0:50:40.640 --> 0:50:44.040
<v Speaker 1>episodes they did for to pull some of the big

0:50:44.080 --> 0:50:48.120
<v Speaker 1>stories for this particular episode of tech Stuff. But it's okay,

0:50:48.520 --> 0:50:50.799
<v Speaker 1>Tom and Sarah and I know each other, so it's

0:50:50.800 --> 0:50:54.279
<v Speaker 1>all cool. I hope you guys enjoyed this episode. I

0:50:54.520 --> 0:50:58.040
<v Speaker 1>look forward to the next couple of episodes. Next one

0:50:58.080 --> 0:51:02.360
<v Speaker 1>will be how did we do with Predictions for and

0:51:02.360 --> 0:51:04.800
<v Speaker 1>then the one following that will be predictions for eighteen,

0:51:04.880 --> 0:51:08.360
<v Speaker 1>which I'm I'm honestly not looking forward to because I

0:51:08.360 --> 0:51:10.799
<v Speaker 1>should have learned my lesson by now. But once you

0:51:11.520 --> 0:51:15.160
<v Speaker 1>establish a tradition, it's really hard to stop. If you

0:51:15.160 --> 0:51:18.520
<v Speaker 1>guys have suggestions for topics that I should absolutely cover

0:51:18.560 --> 0:51:21.560
<v Speaker 1>in the year two thousand eighteen, then I recommend you

0:51:21.560 --> 0:51:23.279
<v Speaker 1>get in touch with me and let me know what

0:51:23.320 --> 0:51:26.880
<v Speaker 1>those suggestions are. You can write me the address is

0:51:26.960 --> 0:51:29.320
<v Speaker 1>tech Stuff at how stuff works dot com, or you

0:51:29.320 --> 0:51:31.560
<v Speaker 1>can drop me a line on Facebook or Twitter. The

0:51:31.600 --> 0:51:34.120
<v Speaker 1>handle of both of those is text stuff hs W.

0:51:34.640 --> 0:51:38.319
<v Speaker 1>Remember we have an Instagram account also text stuff hs W.

0:51:39.080 --> 0:51:41.520
<v Speaker 1>And Hey, if you want to watch me record these

0:51:41.560 --> 0:51:45.360
<v Speaker 1>things live, go to twitch dot tv slash tech stuff.

0:51:45.400 --> 0:51:48.480
<v Speaker 1>Typically I record on Wednesdays and Fridays. You can see

0:51:48.480 --> 0:51:50.560
<v Speaker 1>the schedule there. You can join in, be part of

0:51:50.600 --> 0:51:53.279
<v Speaker 1>the chat room, and be up to all sorts of

0:51:53.360 --> 0:51:57.479
<v Speaker 1>crazy shenanigans. That wraps us up for this year. I'll

0:51:57.520 --> 0:52:01.680
<v Speaker 1>be wrapping up the predictions next making more predictions, and

0:52:01.719 --> 0:52:04.880
<v Speaker 1>then we'll say farewell forever to be your two thousand

0:52:04.880 --> 0:52:07.280
<v Speaker 1>and seventeen, and turn our eyes forward to two thousand eighteen,

0:52:08.080 --> 0:52:16.440
<v Speaker 1>and I'll tell to you guys again really soon for

0:52:16.560 --> 0:52:18.880
<v Speaker 1>more on this and thousands of other topics, because it

0:52:18.920 --> 0:52:29.840
<v Speaker 1>how stuff works. Dot com