Hot off the press: "The State of OKRs - Global Enterprise Report"

#1 | T-Mobile and Sprint begin court battle to defend their merger

The trial to determine the fate of T-Mobile and Sprint’s proposed merger has begun in a Manhattan court. The coalition of 14 attorneys general is claiming that the $26 billion merging would decrease competition in the U.S. telecom market and hurt “the most vulnerable people among us.” T-Mobile and Sprint, however, argue that by joining forces they can compete more effectively with Verizon and AT&T in a rush to deploy 5G networks. FCC Chairman Ajit Pai supports the proposed deal and says that it will reduce the digital divide in rural areas and bring 5G wireless service to more Americans. The trial is likely to last around three weeks. Read more: https://tcrn.ch/36vXMiG



#2 | Airbnb, GitLab, and other tech firms lean toward direct listings

GitLab, a developer of code-sharing software, is planning to go public on November 18, 2020, through a direct listing. The company is one of many tech firms that are leaning towards an alternative route to IPOs. Airbnb and DoorDash are also considering a direct listing and software maker Asana is likely to do the same. By doing that, these companies would follow in the footsteps of Spotify and Slack. Unlike traditional IPOs where companies raise money by selling new shares, a direct listing is simply registering to go public and allowing current investors to sell their stock. Read more: https://cnb.cx/2EdyYjg



#3 | YouTube changes its anti-harassment policies

Following intense scrutiny from critics who accused YouTube of allowing hate speech and harassment targeting racial minorities, women, and LGBTQ individuals to flourish, the video platform decided to change some of its policies. Apart from direct threats, the company will now also ban veiled and implied threats. YouTube will also ban creators that run harassment campaigns, producing videos that individually don’t necessarily cross the line, but taken together, they constitute a sustained effort to persecute another person. The platform hopes that these and other rules should reduce harassment and prevent controversies such as the Crowder-Maza case from happening ever again. Read more: http://bit.ly/2YJQJjE



#4 | BMW to integrate Android Auto in its cars in 2020

German automaker BMW will start integrating wireless Android Auto into all of its cars as of July 2020. Drivers will be able to use Google’s in-car infotainment option without plugging in, assuming they have Pixel, Nexus, or Samsung smartphones. BMW has offered Apple’s CarPlay for a few years now. The decision to embrace Android Auto has been in part influenced by customers who, as the carmaker says, “made it clear though that they would like to have Android Auto integration available going forward.”. Read more: http://bit.ly/2RIr09T



#5 | Netflix to make a series about the rise of Spotify

Netflix is making a new original series based on Spotify and its co-founders Daniel Ek and Martin Lorentzon. The video streaming giant is yet to confirm whether the project is to result in a docu-series or dramatized account. The series is inspired by Spotify Untold, a book about the company’s rise written by business journalists Sven Carlsson and Jonas Leijonhufvud. Netflix says that the Spotify series is about small players that “challenge the status quo by evolving the way we can all listen to music.” In other words, it’ll be a flattering portrayal of key subjects with former Apple CEO Steve Jobs making an appearance as an adversary of the Swedish tech firm. Read more: https://engt.co/2siPdsK


Share This