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).
Although the auto industry is faced with chip shortages and supply chain woes, Tesla was still expected to report record earnings, and Elon Musk did not disappoint. Jon Rettinger, President of JFL Network, joins Cheddar News to discuss the company, the electric vehicle competition, and growth for the auto industry.
Rita Brooks, Co-Founder of Palmly, joins ChedHER to discuss how she's creating a social networking app for Christians, and her experience being a female founder in the tech industry.
A year after the r/WallStreetBets community on Reddit drove GameStop and other meme stocks to unprecedented heights, the subreddit seems to be losing its luster among retail investors. Caitlin McCabe, markets and retail trading reporter from The Wall Street Journal, joined Cheddar to talk about the waning popularity of the group “Users are going on to find the next GameStop, and instead, they're seeing many of the new users who have joined the subreddit still talking about GameStop and AMC," McCabe noted. "And, they've become frustrated as they're ready to move on from those original meme stocks."
Tech titan Microsoft reported its second fiscal quarter of 2022 earnings on Tuesday, its first earnings report since announcing its plans to acquire gaming company Activision Blizzard in a multibillion dollar deal. Steve Larsen, co-founder of PlannerDAO, explains the role that cloud services played for Microsoft in the quarter and what the future may hold for Microsoft in the midst of the new acquisition.
Microsoft is expected to report financial results for its second fiscal quarter of 2022. It comes after the company beat on its top and bottom line in its previous four quarters. John Freeman of CFRA Research explains what investors will be keeping an eye out for as Microsoft continues to expand its domain.
