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Meet 14 top Microsoft execs and other power players who left the company since Satya Nadella took over as CEO — and where they are now (MSFT)

Microsoft CEO Satya Nadella has helped transform the company into a $1.6 trillion cloud powerhouse. Part of that effort included cultivating new talent, even as much of Microsoft's old guard departed for greener pastures. Business Insider compiled a list of 14 of the most significant executive departures since Nadella took over as CEO – and what those executives are doing now.  Business Insider has been exploring the cultural change led by Nadella within Microsoft since he became CEO in Februa...
Tags: Google, Amazon, Nordstrom, Microsoft, Washington, Ebay, China, Nokia, Satya Nadella, Cortana, Trends, Linkedin, Hillary Clinton, Bill Gates, Steve Ballmer, Microsoft Office

Fintech investors see more red tape for the booming payments space following the Wirecard scandal, and say that costs to comply could crimp newcomers' growth

Investors expect greater scrutiny from regulators around the payments space in the wake of the Wirecard accounting scandal.  They think the payments industry could see more consolidation, with only fintechs with the most funding able to meet stricter regulatory requirements. Incumbents could also capture back market share from startups, as customers look to move to more established players. For more stories like this, sign up here for our Wall Street Insider newsletter. Fintech investors are ...
Tags: Europe, London, China, US, Trends, Customers, Paypal, Goldman Sachs, Fis, Mastercard, Bain Capital Ventures, Business Insider, Klarna, Bluesnap, Ouml, Fiserv

Clearview AI's exit from Canada builds on a pivotal moment for facial-recognition technology

Facial-recognition startup Clearview AI informed Canadian privacy protection authorities that it would no longer operate in Canada, where the company faces an ongoing investigation. Privacy protection authorities for Quebec, British Columbia, Alberta, and the federal government launched the investigation in February 2020 to assess whether Clearview AI aggregated and analyzed citizens' personal data without their consent. Clearview AI, a self-described "search engine for faces," maintains a data...
Tags: Microsoft, California, China, Russia, US, Trends, Canada, San Diego, The New York Times, Detroit, Venmo, Facebook YouTube, ClearView, Toronto Police Service, Boston City Council, Amazon IBM

4 men who ran an internet addiction camp have reportedly been sentenced to prison after they locked children in solitary confinement for up to 10 days

An internet addiction treatment facility in China placed children in solitary confinement for up to 10 days, according to a report from CNN.  Four men from the detox-style camp have now been sentenced to prison, with one man receiving a three-year sentence.  Internet addiction was classified as a clinical disorder in China in 2008, leading to a rise in such facilities. The government has since taken measures to curb heavy internet use, like instituting screen-time limits for young gamers.  Vis...
Tags: China, Trends, Cnn, Tencent, Guangxi, Jiangxi Province, Ben Westcott, Yuzhang Academy

Donald Trump said he's considering banning TikTok to punish China over the coronavirus

President Trump said in an interview on Tuesday he is considering banning TikTok, confirming earlier comments from Secretary of State Mike Pompeo. Trump implied a ban on TikTok would be a way of punishing China for the coronavirus, which originated in the city of Wuhan. Trump's rationale is slightly different from the reason given by Pompeo, which is that the US is worried TikTok could be a national security risk. Visit Business Insider's homepage for more stories. President Donald Trump said...
Tags: China, India, Disney, US, Trends, Bloomberg, Fox News, Oklahoma, Donald Trump, Trump, State, Greta Van Susteren, Chinese Foreign Ministry, Gray Television, Pompeo, Mike Pompeo

Trump said he's considering banning TikTok to punish China over the coronavirus

President Trump said in an interview Tuesday that he was considering banning TikTok, echoing earlier comments from Secretary of State Mike Pompeo. Trump implied a ban on TikTok would be a way of punishing China for the coronavirus, which originated in the city of Wuhan. Trump's rationale was somewhat different from the reason given by Pompeo, who said the US was worried TikTok could be a national-security risk. Visit Business Insider's homepage for more stories. President Donald Trump said Tu...
Tags: China, India, Disney, US, Trends, Bloomberg, Fox News, Oklahoma, Donald Trump, Trump, State, Greta Van Susteren, Chinese Foreign Ministry, Gray Television, Pompeo, Mike Pompeo

China's grip on Hong Kong eroding its status as financial hub, investors believe

Money has already started leaving Hong Kong, with US$5bn quitting the territory last year, according to Bank of England figuresThe Chinese government’s increasingly tight grip on Hong Kong is undermining the former British colony’s position as a regional financial hub, analysts and investors say.In its latest move to clamp down on Hong Kong, which has been a centre of resistance against the ruling Chinese Communist party, the mainland government last month introduced a sweeping national security...
Tags: Hong Kong, Business, China, US, Bank Of England, Australia news, Asia Pacific, Chinese Communist

Google has abandoned plans for a cloud service in China after the COVID-19 pandemic aggravated political tensions with the US (GOOG)

Google has abandoned plans to offer cloud services in China and other politically sensitive countries, according to a new report. The project, known as "Isolated Region," would have allowed Google to strike up partnerships with local companies and government agencies in the country. It would also let countries control data inside their borders. The project was ultimately scrapped, due in part to growing geopolitical tensions, which have been aggravated by the pandemic. Visit Business Insider's...
Tags: Google, Amazon, China, US, Trends, Bloomberg, EMEA, Microsoft Google

Stop trying to shame companies that took PPP loans

Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here. QUOTE OF THE DAY "It was positive for me." — Brazil's President Jair Bolsonaro announcing he has tested positive for coronavirus, after months of flouting public health recommendations, rejecting masks, and doubting the seriousness of the pandemic. WHAT'S HAPPENING Donald Trump paid someone to take the SAT for him. That's one of the allegations in Mary Trump's book about her uncle. She also says Fred Trump...
Tags: Google, Facebook, Hong Kong, Europe, David Brooks, Florida, London, Mississippi, Senate, China, US, Trends, Iran, United States, New York Times, Peter Thiel

Decrypted: Police hack criminal phone network; Randori raises $20M Series A

Last week was, for most Americans, a four-day work week. But a lot still happened in the security world. The U.S. government’s cybersecurity agencies warned of two critical vulnerabilities — one in Palo Alto’s networking tech and the other in F5’s gear — that foreign, nation state-backed hackers will “likely” exploit these flaws to get access to networks, steal data or spread malware. Plus, the FCC formally declared Chinese tech giants Huawei and ZTE as threats to national security. Here’s more ...
Tags: Security, Social, Startups, Europe, Fcc, China, Tech, Ceo, Data Breach, Encryption, Cryptography, Palo Alto, Information Technology, United States, Internet Security, United Kingdom

Apple is 'assessing' human rights impact of Hong Kong's new national security law, but has not paused data requests from local police

On Monday, Facebook, Google, and Twitter suspended data requests from Hong Kong police. It follows China unilaterally passing a sweeping new national security law in the semi-autonomous city. Apple said it is "assessing" the impact of the law on human rights, but stopped short of promising to pause data-processing requests from local authorities. An Apple spokesperson told Bloomberg that it was up to the US Department of Justice to block requests that might infringe on human rights, under Mutu...
Tags: Apple, Facebook, Twitter, Hong Kong, China, US, Trends, Bloomberg, United States, Tim Cook, US Department of Justice, Google Facebook, Apple Apple, Facebook Google, US China, China Google

Here's how big tech companies like Facebook, Google, and TikTok are reacting to Hong Kong's harsh new national security law

Last week, China unilaterally passed an overarching new national security law in Hong Kong that experts say further erodes the semi-autonomous city's waning freedoms. The legislation criminalizes what it deems secession, subversion, terrorism, and collusion with a foreign country. Those charged with the most severe offenses — like undermining the Chinese government — face a maximum penalty of life in prison. On Monday, several major tech companies including Facebook, Twitter, Google, LinkedIn,...
Tags: Apple, Google, Facebook, Twitter, Hong Kong, Microsoft, China, US, Trends, Bloomberg, Beijing, United States, Chinese communist party, Business Insider, Zoom, Trump

Blogging and gaming are now legitimate jobs in China (thanks, coronavirus)

Your parents might condescendingly roll their eyes when you go on a tangent about your “career” as a blogger and gamer at dinner, but China won’t: the country has broadened its definition of what constitutes a “job” to include blogging and playing esports. Bloomberg reports that local graduates starting their own businesses focused on blogging or gaming will now be classified as employed, according to a document by the education ministry released on June 29. To qualify as employed, people must w...
Tags: Startups, China, Insights, Bloomberg, National Bureau of Statistics

TikTok pulls its app from Hong Kong’s Play Store and App Store

TikTok is perhaps the most troubled app in the world right now. A week after the app was banned in India, Bytedance-owned social network has decided to pull its apps from the Play Store and the App Store in Hong Kong amid political tensions. While the company removed these apps from the stores, it’s not clear if citizens who’ve already downloaded them, will be able to access TikTok. The company cited China’s controversial security law for Hong Kong that was passed last week. This rule enforces t...
Tags: Startups, Apps, Hong Kong, China, App Store, India Bytedance

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. Uber confirmed it will buy smaller food delivery firm Postmates in a $2.65 billion all-stock deal. Food delivery has come front and center for Uber since March, when a near complete drop-off in global travel decimated its core taxi business.  Facebook, Google, and Twitter have all suspended complying with Hong Kong police requests for user data thanks to a new Chinese national security law. Hong Kong citizens previously had fre...
Tags: Facebook, Hong Kong, China, Disney, US, Trends, Tesla, Nintendo, Fox News, Hamilton, Alexa, State, Facebook Google, Tesla CEO Elon Musk, Pompeo, Mike Pompeo

Why India banned 59 apps including the wildly popular TikTok over a geopolitical dispute with China

India banned 59 Chinese-owned apps on June 29, including TikTok. The ban follows a border skirmish between India and China in the disputed territory of Ladakh on June 15, and escalates geopolitical tensions between the two countries. India says the ban is about preserving "data sovereignty", implying that it wants home-grown champions to replace Chinese apps. But Chinese tech dominates India, not just in software, with cheap Chinese Android phones from brands such as OnePlus, Xiaomi, Vivo, and...
Tags: Apple, Google Play Store, China, India, Narendra Modi, Trends, Information Technology, Shanghai, Vivo, Ladakh, Xiaomi Vivo, Xiaomi Oppo, Bigo, Ravi Shankar Prasad Chinese, Livemint Akash Senapaty, M56 Studios

The United States is “looking at” banning TikTok, says Secretary of State

The government is taking it "very seriously", he added
Tags: News, China, Trends, Social Media, United States, State, Breaking, Tiktok

The United States is ‘looking at’ banning TikTok and other Chinese social media apps United States is “looking at” banning Chinese social media apps, including TikTok, Secretary of State Mike Pompeo. Pompeo’s remarks come during a time of heightened tensions between the United States and China, which have spilled over into several arenas including national security, trade and technology. Inspired by India? The post The United States is ‘looking at’ banning TikTok and other Chinese social media apps appeared firs...
Tags: Business, China, India, Tech, United States, State, Mike Pompeo Pompeo

TikTok says it is ceasing operations in Hong Kong 'in light of recent events'

Viral video app TikTok says that it is ceasing operations in Hong Kong. "In light of recent events, we've decided to stop operations of the TikTok app in Hong Kong," a TikTok spokesperson told Business Insider.  China last week unilaterally passed a new national security law for Hong Kong, a move that experts say further erodes the city's waning freedoms. The new law has already been used to arrest at least ten pro-democracy protesters. TikTok, one of the most downloaded phone apps in the worl...
Tags: Hong Kong, London, China, India, US, Trends, Business Insider, State, Mike Pompeo, Business Insider China, Tiktok, ByteDance ByteDance, ByteDance Visit Business Insider

TikTok is quitting the Hong Kong market over free speech concerns

The company says it will pull out of the app stores "within days"
Tags: Hong Kong, China, Trends, Social Media, Breaking, Tiktok

Di Yao has outperformed 93% of his competitors by picking unknown stocks or big names the market doesn't understand. He details 3 of his favorite bets. (MSFT, SE, AMAT, PGTYX)

Putnam's Global Technology Fund has outperformed nearly all of its peers over the last five years. Di Yao, the fund's co-manager, said he and his partner have focused on companies that the market either doesn't understand or with which it's not familiar.  They've found some of their best bets overseas and among smaller companies in the US; but they've also placed some winning bets on some of the tech giants. Yao told Business Insider about 3 stocks he particularly likes in his portfolio — Micr...
Tags: Apple, Amazon, Facebook, Microsoft, China, Southeast Asia, US, Trends, Bloomberg, Intel, Taiwan, Sea, Alibaba, Tencent, Salesforce, Amazon Web Services

WhatsApp will halt processing of Hong Kong police requests for user data

China's National Security Law has raised concerns of privacy abuse
Tags: Facebook, Hong Kong, News, China, Trends, Social Media, Whatsapp

WhatsApp won’t process Hong Kong police requests for user data

China's National Security Law has raised concerns of privacy abuse
Tags: Facebook, Hong Kong, News, China, Trends, Social Media, Whatsapp

Bubonic plague case reported in China

The case was reported in the city of Bayannur, which has issued a level-three plague prevention warning.Modern antibiotics can effectively treat bubonic plague, which spreads mainly by fleas.Chinese health officials are also monitoring a newly discovered type of swine flu that has the potential to develop into a pandemic virus. A man in China's inner Mongolia region was infected with bubonic plague, according to health officials.The infection occurred in the city of Bayannur, located northwest ...
Tags: Health, Colorado, China, Innovation, Disease, China Daily, Centers For Disease Control And Prevention, Mongolia, National Academy of Sciences, New Mexico Arizona, Stanford Health Care, Beijing city, Coronavirus, Bayannur, Shanthi Kappagoda

Facebook will 'pause' handing over Hong Kong users' data to the government, citing human rights concerns with China's new National Security Law (FB)

Facebook is temporarily suspending the process by which it hands over users' data to the government in Hong Kong following China's move to enforce a new national security law in the city, a spokesperson said. WhatsApp, the messaging app owned by Facebook, is also pausing the review of government requests for user data in Hong Kong. Hong Kong citizens previously had free access to the internet, but China just imposed a new law in the city that grants the government more leeway to monitor and cr...
Tags: Facebook, Hong Kong, China, Trends, HONG KONG Hong Kong

Chinese stocks break out

At the end of last week, China’s services PMI hit a ten-year high, signaling not only a full rebound from the coronavirus pandemic, but an actual return to broad-based economic growth for the country’s consumer economy. Chinese stocks went crazy on the news, gapping higher into a relentless rally, taking out a five-year high. It continued overnight to begin the week, with another 6% gain. Here’s the CSI3...The post Chinese stocks break out appeared first on The Reformed Broker.
Tags: Finance, China, Current Markets

The San Diego police's reported use of smart streetlights to gather evidence against protesters may turn the public against future smart-city solutions

To gather evidence relating to the protests that took place in June, the San Diego Police Department accessed the city's network of smart streetlights at least 35 times in the span of five days, according to The Voice of San Diego. San Diego's smart streetlight initiative — launched in 2016 through a partnership with General Electric, which provided a $30 million loan to fund the project — was originally intended to reduce energy costs and inform transit operations using anonymized data. The pu...
Tags: South Korea, China, Digital, US, Toronto, Trends, Eu, San Diego, Cctv, General Electric, Kevin Faulconer, San Diego Police Department, Mike Zeto, Alphabet s Sidewalk Labs, Voice of San Diego, Voice of San Diego San Diego

Boris Johnson's own party is threatening to scupper his government if he doesn't quickly remove Huawei from UK 5G

Conservative MPs are stepping up their campaign to eliminate Huawei from the UK's 5g network. Boris Johnson is expected to announce plans to phase out the Chinese telecoms firm by 2029. However, a sizeable group of MPs in Johnson's Conservative party want Huawei removed by 2023. Those MPs are reportedly threatening to launch a sustained campaign of rebellion in Parliament. The ex-head of the MI6 on Monday said that the UK should exclude Huawei from its infrastructure. US sanctions on the Huawe...
Tags: UK, London, White House, China, US, Trends, Conservative, Britain, House Of Commons, Boris Johnson, Iain Duncan Smith, Parliament, Johnson, Huawei, Financial Times, Trump

The UK may back down from using Huawei for its 5G buildout. Huawei says the UK is letting policy be 'dictated' by the Trump administration.

Reports came out from the Telegraph and Bloomberg at the weekend that Britain's National Cybersecurity Centre gave the government a report saying recent US sanctions make Chinese tech firm Huawei a higher security risk for building out 5G networks. Culture Secretary Oliver Dowden confirmed Monday he's received the report, and he will be discussing with Prime Minister Boris Johnson whether to alter policy. The UK announced in January it would allow Huawei to play a limited role in building the ...
Tags: UK, White House, China, US, Trends, Bloomberg, Britain, Boris Johnson, Parliament, LBC, Johnson, Huawei, European Parliament, Trump, Zhang, Liu

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