Business

10 things in tech: Bezos in space, iPhone update, Streaming price increases

Jeff Bezos Amazon
Amazon founder Jeff Bezos.

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1. Jeff Bezos will be flying into space with his brother on July 20. The two plan to be on the first human flight of Blue Origin’s New Shepard spacecraft. He’s not the only one with big plans for space exploration – here’s how his ideas compare with Elon Musk’s and Richard Branson’s.

2. Apple just unveiled its iOS 15 software update. Likely available for download this fall, the update will include things like adding your photo ID or hotel key to the wallet app, and upgrades to Maps and FaceTime. Take a look at the biggest changes coming to iPhones.

3. Miami’s tech transplants are feuding with the city’s OG tech community. A newcomer’s tweet ignited a spat between the two groups, and Miami’s established leaders are taking issue with newbies’ “savior complex.” Now, Miami’s mayor is caught in the crosshairs – here’s what to know about the drama.

4. Your streaming bill is about to get more expensive. As the industry consolidates and platforms are snapping up libraries of exclusive content, experts say streaming will come at a higher price. How that exclusivity might affect your wallet.

5. Tesla is cancelling its Model S Plaid Plus. In a tweet, Elon Musk announced the company wouldn’t be bringing out a premium version of its new Model S Plaid car, “as Plaid is just so good.” More on that here.

6. US authorities have recovered a “majority” of the Colonial Pipeline ransom. Though recovering ransom payments is extremely rare, the company and the FBI retrieved 63.7 of the 75 bitcoins that were paid to hackers. Get the full rundown here.

7. Privacy experts are raising concerns about Amazon’s “Sidewalk,” which launches today. Leaders wonder whether customers should be concerned that Sidewalk, which connects Alexa and Ring devices, is linking their devices to those owned by strangers. Here’s what they’re saying.

8. Big Tech praised the G7 deal to back a global corporate tax rate of at least 15%. Facebook welcomed “the important progress made at the G7,” VP Nick Clegg told Insider. Read up on the “significant, unprecedented” deal.

9. Shopify insiders said CEO Tobi Lütke’s management style has spurred a sudden rush of departures. Despite stellar growth, the company has seen a spate of executive exits. From his micromanaging to his temper, employees say his leadership style has helped fuel turnover.

10. Employees say Amazon Prime is a “boys’ club” where women get few promotions. One worker accused the group of being “institutionally biased against women,” and 11 others said female workers are not given the same promotions or career-growth opportunities as men. An inside look at what women are calling a culture of aggressive, male-dominated management.


Compiled by Jordan Erb. Tips/comments? Email jerb@insider.com or tweet @JordanParkerErb.

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