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AT&T secures exclusive distribution rights to Magic Leap’s augmented reality glasses
AT&T is taking the leap, signing on to provide exclusive mobile data service for Magic Leap’s long-hyped augmented reality glasses.
The two companies have yet to reveal the financial terms of AT&T’s stake, but they have laid out strategic plans that include giving the service provider exclusive distribution rights when the Magic Leap One is ready for release.
If it’s ever released...
Magic Leap either has something reallyf*cking awesome coming down the pike, or the world’s most convincing PowerPoint: On top of AT&T, ML has landed backers like Google and Alibaba, without ever releasing a physical product.
The company has raised more than $2B for hardware and software development to date, and all we know for sure about the glasses is that when you put them on you look like Vin Diesel in the Chronicles of Riddick.
The company has promised a revolutionary mixed reality experience far more practical and advanced than your average excursions trying to catch a Charmander in the Pokemon GO app, and in December ML announced that they’ll finally release their “Creator Edition” later this year.
That’s where AT&T comes in
AT&T has been on a hot streak lately, persuading the DoJ to approve their $85B Time Warner acquisition and purchasing ad tech company AppNexus for $2B -- so, hey, why not strike while they have the bandwidth?
As TechCrunch reports, carriers are crucial to getting portable devices into the hands of buyers by allowing them to bundle new devices with their current mobile subscriptions.
And, if ML’s tech takes off, it’s a huge win for AT&T (who also finagled an exclusive contract for the first few generations of iPhone).
In addition to distribution, the investment gives AT&T exclusive rights to work with Magic Leap in a plethora of areas, including network access, distribution of content, and devices.
Set distribution rights to “exclusive.”
Uber’s HR chief resigned after landing on the wrong side of a complaint, raising questions
Liane Hornsey resigned from her position as Chief People Officer at Uber after employee complaints prompted a 3rd-party investigation.
Hornsey, hired after the infamous exposure of sexual harassment at Uber, departed on seemingly cordial terms, raising questions about the cause of her resignation -- and if Uber’s workplace culture has really changed.
On the opposite side of an HR accusation
An anonymous group that identified themselves as Uber employees of color threatened to take their allegations of discrimination public, prompting Uber’s Chief Legal Officer to launch an investigation of Hornsey.
The complaints alleged that Hornsey had consistently ignored racial discrimination complaints and also used threatening and discriminatory language. Uber, however, did not release the results of the investigation.
Rather, Uber CEO Dara Khosrowshahi complimented Hornsey for leading Uber through “a period of of enormous positive change” and gave no reason for her exit.
A friendly departure that brings more questions than answers
Hornsey herself had a similarly cheery tone on her last day, emailing Uber staff to say she was “proud of all that [they] accomplished” and “of doing what’s right for [their] employees.”
But, this certainly isn’t the company’s first HR speed bump...
Uber drove right through the departure of former CEO and HR-nightmare Travis Kalanick and a subsequent $10m class-action discrimination lawsuit -- meaning the company will likely just keep its foot on the gas until it puts this latest HR hiccup in the mirror.
A former Apple engineer was arrested at the airport while fleeing with trade secrets
On July 7, the FBI nabbed ex-Apple employee Xiaolang Zhang, just before he boarded a last-minute flight to China and charged him with stealing trade secrets.
Zhang was hired in December 2015 to develop hardware and software for self-driving cars at Apple…
But the trouble began a few months ago
According to the criminal complaint filed July 9, Zhang took paternity leave in April and traveled with his family to China. When he returned, Zhang told his bosses he was resigning to move back to China to be closer to his ailing mother.
He also disclosed he had taken a new job at XMotors, a Chinese autonomous and electric vehicle startup with offices in Silicon Valley.
So, Apple did some digging
Upon his departure, Apple asked Zhang to turn in 2 iPhones and a MacBook. Apple’s security team combed through his network activity and found Zhang had downloaded confidential technical documents about autonomous vehicle prototypes and transferred them to his wife’s laptop.
Surveillance footage and badge swipe records also found that Zhang had entered Apple’s AV labs on April 28 (while he was supposed to be in China) on paternity leave and left with a keyboard, some cables, and a large box.
When confronted, he admitted to seeking a job with XMotors while at Apple, and said he downloaded the confidential materials to study it on his own.
XMotors told Reuters they have no knowledge of Zhang sharing any sensitive Apple info with them.
Dating app Hinge recruited a Nobel prize winning algorithm to help get you a date
Hinge, the dating app that matches friends of friends, unveiled a new ‘Most Compatible’ feature to help you avoid finger fatigue while searching for the love of your life.
The app uses the Gale-Shapley algorithm, a method developed 56 years ago to solve ‘the stable marriage problem’ -- a classic topic of party conversation for theoretical economists in the ’50’s.
(Spoiler: Gale and Shapley were NOT star-crossed lovers, just economics professors.)
Robo matchmakers just got smarter
The algorithm ranks Hinge members by their preferences, pairing each member off with the member they would theoretically prefer most. The ‘Most Compatible’ recommendations appear simultaneously for both parties and disappear after 24 hours.
The method is designed to avoid endless browsing and increase success. And it seems to work: In trials, Hinge found the new feature 8x more likely to result in dates.
The change requires a lot of faith in robo-Hitch
With less visibility than ever into the secret love sauce, some Hingers are frustrated that they don’t know how the robo matchmaking works.
Hinge claims it’s designed to get people ‘off’ the app and into relationships and says and the feature won’t prevent ‘discovery.’
Regardless of whether the algorithm works for you, it’s working for Hinge. The company saw a 400% increase in user activity after eliminating the standard ‘swipe’ feature.
Get ready to drink straight from the barrel at Buffalo Trace Distillery, ride horses in the great Kentuckian wilderness, enjoy a world-class tasting menu, and then relax those sore boots in a luxury hotel.
It’s a weekend of sipping, fine dining, and pure Americana. Or as True.Ink says, “Best. Bourbon Weekend. Ever.”
THE FINE PRINT: You have to be 21 or older to enter, kids. It’s the law.
things you should...
SHRED: Some Portuguese surf at the Truck Surf Hotel, $725/week
From June to October, this RV-hotel (or ‘Truck’) travels up and down the coast of Portugal stopping at some of the most pristine surfing beaches in the country. The Truck Surf Hotel experience comes complete with beds, showers, and a morning buffet.
BUMP: Those sick licks with this mini guitar amp, $59.99
The Blackstar Fly 3 features an internal battery, dual channels, and Blackstar’s patented ISF button. Meaning this mini-amp goes anywhere and bumps, HARD. We have one in the office and our neighbors have complained.
FLOAT: The nearest river in a giant unicorn, $249.95
This 10-foot-tall behemoth of a float has capacity for 6 adults, 8 cup holders, a built-in cooler, its own high-speed pump, and a swimming platform. Oh, AND it’s a winged unicorn. Seriously, the thing sells itself.
The deadline to enter WeWork's Creator Awards is coming in hot. Startups, entrepreneurs and creators from Boston to Raleigh to Milwaukee are eligible and encouraged to enter by July 20 (open to anyone in Eastern US, Puerto Rico & Ontario). Pitch your passion project to industry titans and fellow peers. Winners in 3 categories can take home up to $360k in funding.
TRACK: Every snooze with Biostrap, starting at $175
Tossing and turning in your sleep? Find out exactly how much with Biostrap’s Sleep Analysis Feature. This high-tech activity tracker uses the same hyper-sensitive sensors as medical professionals to track your zzz’s. See length and quality of your sleep with clinical precision helping you get the most out of every snore.
monday.com is your work, visualized. Everything you and your team need to get done, displayed in one, fully-functional Gantt chart.
Think of monday.com as your go-to dashboard for what needs to get done and when. One quick look, and your free to slam keys until the Happy Hour bell rings.
Plus, integrated team communications mean you can take important project conversations out of that digital wasteland you call an inbox and into the project itself, so no detail, however small, goes lost.
And the best part? It’s free to try. Give monday.com a spin for 2 weeks. If your days aren’t feeling more productive, then call us a liar and hang us from the telephone wire.