Skip to main content

Tech: Europe’s tech hangover

The biggest tech news and scoops.
View in browser
INSIDER
Subscribe

10 THINGS IN TECH

Good morning, readers. Jordan Parker Erb here.

2022 was an eventful year for the tech sector. Interest rates rose, companies began cutting costs, and massive layoffs swept the industry — and Insider was there throughout it all.

Today, after a rundown of the latest news, we'll continue to reflect on our top articles from the past year. Our Big Tech team was constantly chasing the biggest stories, from alleged executive misconduct at Microsoft to injuries in Amazon warehouses

Ready? Let's dive in.


If this was forwarded to you, sign up here. Download Insider's app here.


Investors and founders alike were found nursing hangovers in 2022 after a record breaking 2021

1. Europe's tech ecosystem nursed a hangover in 2022 as the post-pandemic party ended. After a record-breaking 2021, European startups raised $16 billion in the third quarter — a 44% annual drop. Now, with interest rates spiking, inflation at multi-decade highs, and fears of a recession impacting growth forecasts, tech investors appear content to take their time again before making a few select deals. More on that here.

2. The internet-famous Shiba Inu who inspired "doge" memes and Dogecoin has cancer. The dog, named Kabosu, became internet famous when a picture of her posing with folded paws and a quizzical expression went viral in 2010. She later became the mascot for Dogecoin, a cryptocurrency that was a tongue-in-cheek response to Bitcoin. Get the latest on Kabosu.

3. A founder explains how she got into Y Combinator — and left with a $4.5 million investment. Kathryn Cross is the founder of Anja Health, a cord blood bank that freezes stem cells for future disease treatment purposes. The solo founder joined YC in January 2022, and has since raised millions from investors like Alexis Ohanian. Here's how she did it.

4. Meet the eight most important execs who left Google in 2022 — and eight who joined. Despite a hiring slowdown halfway through the year, the revolving door at Alphabet HQ continued, with some notable hires and exits from the search giant. These are the biggest joiners and leavers.

5. An iPhone notified emergency services when a couple's car plunged 300 feet down a canyon. Apple's new crash-detection feature, available on the iPhone 14 and some Apple Watch models, sent an emergency message to the authorities after the wreck — and it worked even without cell service. Here's what happened.


More top stories of 2022:

Illustration of an Amazon worker pulling a palette of boxes and hurting his back.

6. We investigated injuries in Amazon warehouses. The risk of debilitating muscle and joint injuries at Amazon warehouses is off the charts, workplace regulators have said. And because these injuries build up over time, Amazon workers may not know they're at risk for months or years — but they can be left with a lifetime of pain. Take a look at our investigation.

7. Microsoft employees told us that "golden boy" execs run wild at the company. Eight years ago, CEO Satya Nadella promised to end Microsoft's tolerance for "talented jerks." But dozens of current and former employees said that executive misconduct remains rampant. Read the full story here.

8. As the tech sector faced a historic downturn, Amazon began the largest corporate layoffs in its history. The cuts, which are expected to stretch into 2023, affected thousands of workers. Read a recap of the turmoil.

9. Amazon sellers are stealing people's identities. We found that random people are being bombarded with return packages from angry Amazon customers after rogue sellers stole their identities. Insider spoke to six victims whose identities were used by fraudsters selling everything from bargain-bin clothing to counterfeit goods — here's what they told us.

10. Amazon workers shared why they planned to vote against unionizing. This spring, we watched as one of the most consequential union votes in the United States unfolded. Before the election, we spoke with workers at the warehouse in Bessemer, Alabama — many of whom told us they planned to vote against the union. Here's what happened before the vote.


Curated by Jordan Parker Erb in New York. (Feedback or tips? Email jerb@insider.com or tweet @jordanparkererb.) Edited by Hallam Bullock (tweet @hallam_bullock) in London.

Powered By SailthrU

Comments

Popular Posts

The costs of Healey's budget cuts

Lisa Kashinsky and Kelly Garrity's must-read rundown of what's up on Beacon Hill and beyond. Jan 09, 2024 View in browser   By Kelly Garrity and Lisa Kashinsky MAKING ENDS MEET — Gov. Maura Healey’s plan to slash $375 million from the state budget to help plug a $1 billion revenue hole came as something of a surprise after she initially said she had no plans to scale back spending. But some budget watchers say the move to control costs was inevitable — and that the governor...

📷 Zaib Khan added a new photo

  See the photo that he shared.           Facebook                 📷 Zaib Khan added a new photo. 16 October at 20:23   View Photo       Abdul Karim Jam likes this.             This message was sent to ludomallam@idiot.cloudns.cc . If you don't want to receive these emails from Facebook in the future, please unsubscribe . Facebook, Inc., Attention: Community Support, 1 Facebook Way, Menlo Park, CA 94025         To help keep your account secure, please don't forward this email. Learn more.      

U.S. Cyber Command and NSA partner to shield midterms from hackers / Global ransomware damages set to exceed $30B / India's newest airline could have leaked customer data

Plus: Microsoft Azure Virtual Machines have suffered an outage Inside.com Part of   Network August 30, 2022 Presented by The U.S. Cyber Command has partnered with the NSA to shield midterm elections from hackers. The two federal agencies made the announcement in a joint statement. More: The two agencies have  created a joint task force named the Election Security Group. Officials from the NSA and U.S. Cyber Command have stated that the group comprises the best team members that the two agencies have. ESG will receive and share information with other domestic and international authorities to ensure it achieves its goal of protecting the midterm elections from foreign threat actors. The task force will also help U.S. allies to protect their electoral campaigns from actors that want to undermine them. Zoom Out: CISA has collaborated ...

Q&A: Bergman on pushing the FDA on psychedelics

The ideas and innovators shaping health care Aug 08, 2024 View in browser   By Ruth Reader , Erin Schumaker , Daniel Payne , Toni Odejimi and Carmen Paun WASHINGTON WATCH Bergman | Francis Chung/POLITICO ...

8 Best Diabetes-Friendly Meal Delivery Services in 2024

Plus: Identifying and Treating Diabetes Joint Pain ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌     ­ ͏ ‌   ...

📷 MD Monir Ambulance added a new photo

        📷 MD Monir Ambulance added a new photo. 12 April at 17:59   View Photo               Facebook                 📷 MD Monir Ambulance added a new photo. 12 April at 17:59   View Photo               This message was sent to ludomallam@idiot.cloudns.cc . If you don't want to receive these emails from Facebook in the future, please unsubscribe . Facebook, Inc., Attention: Community Support, 1 Facebook Way, Menlo Park, CA 94025         To help keep your account secure, please don't forward this email. Learn more.      

Sabir Khan wants to be friends on Facebook

  1 mutual friend - Works at Facebook - Islamia University - Bahawalpur - 2,123 friends - 5 photos - 7 groups           Facebook             Sabir Khan wants to be friends with you on Facebook.   Sabir Khan Works at Facebook · Islamia University · Bahawalpur 1 mutual friend · 2,123 friends · 5 photos · 7 groups               Confirm request     See all requests             This message was sent to ludomallam@idiot.cloudns.cc . If you don't want to receive these emails from Facebook in the future, please unsubscribe . Facebook, Inc., Attention: Community Support, 1 Facebook Way, Menlo Park, CA 94025         To help keep your account secure, please don't forward this email. Learn more.      

Spectrum Equity closes $2B fund

Plus, Audacity launches $60M fund Inside.com Part of   Network July 28, 2022 Presented by Spectrum Equity, an investment company based in Boston, has closed its new fund valued at $2B . The fund will be officially named Spectrum Equity X, L.P. More: The firm received funds from previous investors as well as first-time outside investors. Spectrum focuses on backing internet-based companies that aim to disrupt a number of different verticals such as education, financial services, healthcare, and logistics.  Founded in 1993, the company manages $8B in assets, while its average equity investment is $25M-$150M. Audacity has launched a new $60M fund. The India-based VC firm will focus on media tech companies that are raising their Series A round. More: Besides media tech, the firm will also focus on SaaS, g...

A 2022 recap of platform updates and new tools

Startups that raised funding in 2022 Inside.com Part of   Network December 28, 2022 Presented by Android and Apple updates announced in 2022:  Google introduced a pilot program with Spotify to explore user choice billing.  Google released Android 13 (Go edition) with improvements to user experience and technical functionalities.  Android 13 for TV was made available to developers on ADT-3 and the Android TV emulator.  Google announced memory safety vulnerabilities in Android dropped after announcing support for Rust last year.  Google shared its plans to launch the beta version of Privacy Sandbox for Android early next year.  Apple announced changes to its pricing structure, offering developers 700 additional price points and pricing tools.  Apple allowed reader apps to provide in-app links to alternative payment methods. In Apr...

Changes to Google’s end user-facing Terms of Service

Changes to our end user-facing Terms of Service effective March 31, 2020. Hello Administrator, We're writing to let you know about changes in our end user-facing Terms of Service (Terms) that may affect users in your domain. These changes do not impact the terms that govern the agreement between Google and your organization. If you have disabled Google Additional Services for users in your domain, these changes will not impact them. What's Changing? We're improving our Terms and making them easier to understand. The changes will take effect on March 31, 2020, and they won't impact the way your end users use Google services. As the United Kingdom (UK) is leaving the European Union (EU), Google LLC will be the service provider for end users in your domain that are based in the UK. Google LLC will be responsible for all user information and data in Additional Services, and for complying with applicable privacy laws. For more detail...