Emily Chang, Host of "Bloomberg Technology" and Author of "Brotopia: Breaking Up the Boys' Club of Silicon Valley" joins The Hive to discuss the dark secrets of Silicon Valley.
Chang talks about the rising trend of polyamorous relationships and sex parties in the Valley. She talked to over three dozen people who are involved in this scene and found that women reported more double standards than men. She explains these parties are more about the power struggle than the sex, with a power dynamic that is lopsided.
She says that a lot has to be done, culturally, to change the way women are seen in the tech sector. The pay gap in Silicon Valley is 5 times the national average...which Chang says isn't publicized enough.
However, after years of reporting on Silicon Valley culture Chang is still surprised over one thing: in the 40s and 50s women played vital roles in the computer programming sector. She says in the 60s and 70s companies were desperate for talent and two psychologists said that good computer programmers "didn't like people." Well, if you're hiring someone based off that, Chang says you're most likely going to only hire men. Thus, the stereotype of the white nerd was born.
For the full interview, [click here](https://cheddar.com/videos/inside-silicon-valleys-brotopia-culture).
Tech analyst Rene Ritchie discusses new EU legislation that will force iPhones to use a USB-C charger in fall 2024 and what that means for Apple's strategy in Europe.
Robotics automation technology company Symbotic made its market debut on the Nasdaq via a SPAC merger with SVF Investment Corp. 3, a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers. Symbotic rang the Opening Bell at the Nasdaq to celebrate the occasion this morning. Its debut on Wall Street comes amid an urgent need for logistics solutions, as it aims to reimagine supply chains with its A.I.-powered robotic and software platform. Tom Earnst, CFO of Symbotic, and Vikas Parekh, managing partner at Softbank Investment Advisors, join Cheddar News' Closing Bell to discuss.
Michelle Castillo joined Closing Bell to break down Elon Musk's announcement to SpaceX employees that the Starlink internet business might not see itself as an IPO until 2025, Twitter planning to hand over the user data he requested as a condition of the acquisition, and Warren Buffet-backed Chinese EV company BYD stating it will be supplying batteries to Tesla "very soon."
Meta announced its plans to join the Cannes Lions International Festival of Creativity. This is leaving businesses and customers wondering what the tech giant has in store for the event. Nicola Mendelsohn, the vice president of the global business group at Meta, joined Cheddar News to preview what the tech giant will discuss at this year's festival. "We're going to be showcasing more about reels. We're going to be talking about our commerce solutions, are messaging solutions, and of course, the method of us speaking of new ways to kind of connect with customers," she said.
Paul Tracey, Founder & CEO of Innovative Technologies, and author of 'Delete The Hacker Playbook' and 'Cyber Storm', joins Cheddar to discuss the most effective ways to protect small businesses from cyber attacks, the labor shortage's effects on cybercrime, and how businesses and employees can stay cyber secure while working from home.
