Amazon will raise its maximum base pay for corporate and tech workers to $350,000 from $160,000, Geekwire reports. Why it matters: The move is intended to bring Amazon in line with competitors like Google, Facebook, Apple and Microsoft, and to help ensure the company retains employees and recruits top talent.

The race is on to cash in on the metaverse hype. Last week, Microsoft described its $68.7 billion takeover of gaming studio Activision Blizzard—a move that would have usually been interpreted as the Xbox maker simply expanding in the gaming sector—as a way to create the “building blocks for the metaverse.” Meta—which rebranded from Facebook to be named after the metaverse—is at work on the world’s most powerful supercomputer, in order to power the metaverse.

As big tech companies amassed more scale and influence, these companies have faced pointed questions from investors and regulators about how they’re being run.

Former Apple engineer Cher Scarlett's settlement agreement demonstrates how far the company goes to silence employees who allege misdeeds in the workplace.

Five members of Congress called for federal consumer-privacy legislation after a Reuters report published Friday revealed how Amazon.com Inc has led an under-the-radar campaign to gut privacy protections in 25 states while amassing a valuable trove of personal data on American consumers.

She gets $1.7 million. Sam Lessin’s venture firm gets 5% of her creator earnings for 30 years. “it's def not indentured servitude,” he says. For decades now, Sam Lessin has been ruminating on an idea: What if instead of investing in companies, you could invest in people? What if Lessin could apply the venture capital model to human beings, allowing talented young thinkers to exchange traditional debt for freedom?

Nvidia has announced a new platform for creating virtual agents named Omniverse Avatar. The platform combines a number of discrete technologies — including speech recognition, synthetic speech, facial tracking, and 3D avatar animation — which Nvidia says can be used to power a range of virtual agents.

An Apple-1 unit, built by Steve Wozniak, Steve Jobs and others, is set for auction this week. It will fetch six figures.

Two top executives at Microsoft told the company's billionaire founder Bill Gates to stop emailing female employees "more than a decade ago," according to The Wall Street Journal, citing unnamed sources. In 2008, the company became aware Gates sent "inappropriate" messages to a female employee a year earlier, Microsoft spokesman Frank Shaw told The Journal.

Walgreens thought “the technology worked as we were told.”

U.S. stock indexes rose on Monday as growth and financial stocks gained, shrugging off inflation worries in the run up to third-quarter earnings reports from later this week. Mega-caps Apple Inc (AAPL.O), Tesla Inc (TSLA.O) and Microsoft Corp (MSFT.O) rose between 0.6% and 1%, with nine of the 11 major S&P 500 sector indexes trading higher.

Selling an idea in Silicon Valley takes not only a grand vision but also swagger and bluster, says Margaret O'Mara, a historian of the tech industry. "Being able to tell a good story is part of being a successful founder, being able to persuade investors to put money into your company," she said.

If you need convincing that Elizabeth Holmes is a person with feelings, and not a villain out for blood, just look through her text messages. “You are breeze in desert for me,” she sent Ramesh Balwani, her business partner and boyfriend, in 2015. “My water. And ocean.” Even when Wall Street Journal reporter John Carreyrou was investigating her medical-testing company, Theranos, Holmes still had love on her mind. “Was thinking about you this morning,” she texted Balwani that June. Balwani reminded her to stay focused: Theranos was under attack.

Technology companies that led the charge into remote work as the pandemic unfurled are confronting a new challenge as the crisis winds down: how, when and even whether they should bring long-isolated employees back to offices that have been designed for teamwork.

After launching it in Go stores and then bringing it to larger Fresh supermarkets, Amazon's cashierless "Just Walk Out" tech will soon arrive in two Whole Foods locations. The service, which lets you pick up goods from shelves and (yep) just walk out, is coming to new stores in Washington DC and Sherman Oaks, California next year, the company announced.

Lina Khan has some of the biggest companies in the world shaking in their boots. The 32-year-old antitrust scholar and law professor in June became the youngest person in history and the most progressive in more than a decade to be appointed as chair of the Federal Trade Commission (FTC).

In 1965, Gordon Moore published a short informal paper, Cramming more components onto integrated circuits. In it, he noted that in three years, the optimal cost per component on a chip had dropped by a factor of 10, while the optimal number had increased by the same factor, from 10 to 100. Based on not much more but these few data points and his knowledge of silicon chip development – he was head of R&D at Fairchild Semiconductors, the company that was to seed Silicon Valley – he said that for the next decade...

Building for the majority group identified in summary statistics is exactly the trap that data-driven decision making can fall into.

Major corporations really want you to know how much they care about small businesses — as long as those small businesses don’t compete with them or cause them too much trouble.

Jeff Tangney launched his first health-tech start-up, Epocrates, in the middle of the dot-com bubble. While the company survived the crash and eventually went public, the endgame was a disappointing acquisition for less than $300 million.