Happy Monday, Austin! Let’s shake off the weekend rain and get back to work. Here are some of the tech stories we’re reading today.
Softbank’s big fund
A partnership between Japanese tech company SoftBank and Saudi Arabia has yielded the world’s largest tech fund, Vision Fund, which seeks to invest in technology areas such as artificial intelligence and robotics. It’s starting with $93 billion with a goal of reaching $100 billion this year.
Ford has a new CEO, Jim Hackett, as the company has ousted Mark Fields after complains about the auto company’s deteriorating financials. Hackett has been in charge of the company’s self-driving car efforts. That should tell you something about the future of the auto industry.
Facebook manuals go public
The Guardian has a nice scoop: 100 manuals for Facebook employees who moderate content on the giant social network. The publication believes this is going to fuel quite the debate on Facebook’s ethics and how it balances free speech with public safety (or doesn’t).
Ev Williams thinks the Internet is broken and maybe he helped break it
Medium CEO and Twitter co-founder Ev Williams got candid about the toxicity of the Internet and Twitter’s culpability in electing Donald Trump in a wide-ranging interview with The New York Times you may have missed over the weekend.
Fidget spinners from Cartier
As it finished its 42nd season, “Saturday Night Live” was on a hot streak with tech-related fake ads. Last week, it was Amazon Echo Silver, this week it’s a diamond-encrusted fidget spinner for awful people you can’t take to parties:
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