10 things in tech: Cisco layoff fears - Foldable Samsungs - Customers drop Prime
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1. Samsung just announced its next generation of foldable phones. As a rival to the upcoming iPhone, these foldables come with stronger screens and lower prices than previous editions. Everything you need to know about the phones - including prices and new specs.
2. Some Amazon customers are ditching Prime after Jeff Bezos' trip to space. When Bezos returned to Earth, he thanked Amazon's customers for funding his space trip - in what some customers saw as a gross display of wealth. Read what Prime members said about cancelling their subscription.
3. Cisco employees are bracing for layoffs. Layoffs have become a summer tradition at the computer-networking giant in recent years - employees have come to expect mass layoffs after the fiscal year ends in July. An inside look at workers' anxious wait.
4. Google employees who opt to work from home indefinitely could face pay cuts up to 25%. A leaked salary calculator obtained by Reuters showed that some remote employees - particularly those with long commutes - could face pay losses. Here's what employees in Seattle, New York, and San Francisco can expect.
5. Jeff Bezos and Bill Gates will help a mineral company search for metals used in EVs. KoBold Metals will spend $15 million to search for nickel, copper, cobalt, and platinum in Greenland. Get the full rundown here.
6. Instagram added new features to block racist, sexist, and homophobic comments. The new features aim to protect creators from abusive comments posted by users who aren't among their regular followers. Take a look at how they'll work.
7. The pandemic made it so you can watch new films at home sooner. Movies will be shown for a shorter amount of time in theaters before landing online - meaning you can watch new films at home sooner than before. Here's how long movies will be in theaters before being offered online.
8. Amazon's new "air hub" will help it deliver packages faster. The $1.5 billion facility in Kentucky is supposed to help ensure quicker delivery times nationwide. We have a sneak peek inside the massive campus.
9. A former coder at the fitness app Strava explains how she overcame imposter syndrome. As the only woman on her team, this writer found ways to avoid self-sabotage - including seeking out trusted coworkers and advocating for more women hires. Here's her advice for combatting imposter syndrome.
10. Major companies are hesitant to mandate vaccines. While major tech orgs like Facebook and Google have announced vaccine mandates, others like Lyft and Uber have required the shot for their corporate employees - but not for their front-line, blue-collar workers. Our exclusive report explores why the red-hot job market might be to blame.
Compiled by Jordan Erb. Tips/comments? Email jerb@insider.com or tweet @JordanParkerErb.
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