Robinhood lays off nine percent of its full-time employees

Robinhood is letting around nine percent of its full-time employees go, company CEO Vlad Tenev has announced. In a blog post, Tenev said the company grew rapidly throughout 2020 and in the first half of 2021, thanks to several factors that include COVID-19 lockdowns. Robinhood’s revenue grew from $278 million in 2019 to over $1.8 billion in 2021, and it hired so many new employees to “meet customer and market demands” that its headcount grew from 700 to nearly 3,800.

Tenev explained that the rapid growth in headcount led to “some duplicate roles and job functions” and the the company decided that reducing its workforce is the right move to improve efficiency. “We will retain and continue to hire exceptional talent in key roles and provide additional learning and career growth opportunities for our employees,” he said. 

The CEO’s announcement comes just as the company’s stock hit its lowest closing price ($10) since it went public. As TechCrunch reports, it also comes just before Robinhood announces its first quarter results on April 28th and could be a measure meant to preempt investor disfavor in case its results fall short. 

Robinhood is known for pioneering commission-free stock trades and, as Tenev said, skyrocketed in popularity in the early days of the COVID-19 pandemic. However, its practices had previously drawn criticism, as well. In late 2020, the Securities and Exchange Commission fined the company $65 million for “misleading customers about revenue sources and failing to satisfy duty of best execution.” It was also hit with a class action lawsuit after it restricted trading on GameStop and other “meme stocks.” And in late 2021, the company was targeted by a cyberattack that exposed the data of as many as 7 million users.

DJI suspends sales in Russia and Ukraine to prevent its drones from being used in combat

DJI has temporarily suspended sales and all business activities in both Russia and Ukraine “in light of current hostilities,” the dronemaker has announced. As Reuters reports, that makes it the first major Chinese company to halt sales in Russia after the country started its invasion of Ukraine in February. Unlike their peers in the West, most Chinese companies have chosen to continue their operations in the country. 

A DJI spokesperson told Reuters that it’s not making a statement about any country by pulling out of Russia and Ukraine — it’s making a statement about its principles. “DJI abhors any use of our drones to cause harm, and we are temporarily suspending sales in these countries in order to help ensure no-one uses our drones in combat,” the spokesperson told the news organization. 

This move comes a month after Ukrainian politician Mykhailo Fedorov called on DJI to stop selling its products in Russia. The country’s Minister of Digital Transformation posted an open letter for the dronemaker on Twitter that says Russia is using DJI products to navigate its missiles “to kill civilians.” It also says Russia is using an extended version of DJI’s AeroScope drone detection platform to gather flight information. 

In addition, MediaMarkt, a German chain of stores selling electronics across Europe, removed DJI’s products from its shelves after receiving “information from various sources that the Russian army is using products and data from the Chinese drone supplier DJI for military activities in Ukraine.” DJI denied that it was actively supporting the Russian military not just by providing hardware, but also by providing flight data and called the accusations “utterly false.” 

A few days ago, DJI issued a statement to condemn the use of its products to cause harm. It said it does not market or sell its products for military use and that its distributors have all agreed not to sell products to customers who’ll clearly use them for military purposes. “We will never accept any use of our products to cause harm, and we will continue striving to improve the world with our work,” the company wrote.

Google begins the rollout of Play Store safety listings

Starting today, you’ll start seeing a new section within Play Store listings that show information on how apps collect, store and share data. Google first announced the feature in May 2021 and gave us a glimpse of what it would look like in July. In the data safety section, you won’t only see what kind of data the app will collect, but also if the app needs that data to function and if data collection is optional. It will also show why a specific piece of information is collected and whether the developer is sharing your data with third parties.

The developer can also add information on what security measures they practice, such as if they encrypt data in transit and whether you can ask them to delete your information. In addition, the section will show whether an app has validated their security practices against a global standard. And, for parents and guardians of young kids, it can also show whether an app is suitable for children. 

Google
Google

Google says it’s rolling out the feature gradually, and the section will start showing up for you in the coming weeks if you don’t see it immediately. Take note that the tech giant is giving developers until July 20th to have a data section in place, so some apps might still not have one even if you’re already seeing the feature on other listings. 

Samsung’s Galaxy Watch 4 falls back to $200 at Amazon

You have another chance to grab a Samsung Galaxy Watch 4 for $200 if you weren’t able to get one at a discount earlier this year. The 40mm version of the smartwatch is currently on sale for $50 off its retail price of $250, which is a solid deal if you’re looking for a smartwatch that’s still getting regular updates. It went on sale for an all-time low of $180 ahead of Black Friday in 2021, but it hasn’t been available at this price since February. Meanwhile, the larger 44mm version of the Galaxy Watch 4 is also available for $230, or $50 off its original retail price. 

Buy Samsung Galaxy Watch 4 (40mm) at Amazon – $200Buy Samsung Galaxy Watch 4 (44mm) at Amazon – $230

If you prefer the looks of the Samsung Galaxy Watch 4 Classic, though, with its spinning bezel and stainless steel case, you can also get its LTE-enabled version right for now for $299. That’s $101 off its retail price and an all-time low for the wearable, putting it at the same price as its Bluetooth-only sibling. 

The Galaxy Watch 4 and Watch 4 Classic devices are the first devices to run the “Wear OS powered by Samsung” platform. They’re powered by new 5nm processors, have sharper screens than their predecessors and come with upgraded biometric sensors. Samsung also added gesture controls via their new UI that would allow you to answer or dismiss calls by lifting your arm or flicking your wrist.

When it comes to health features, Samsung’s new sensor enables bioelectrical impedance analysis (BIA) for body mass scans and can let you know how many pounds of water, fat and skeletal mass it detected. The devices have improved sleep-tracking features, as well, including continuous blood oxygen detection that the system will consider a factor when it computes your sleep metrics.

While we had an issue with the devices’ short battery life, we found the Galaxy Watch 4 and Watch 4 Classic the best smartwatches for Android users overall at the time of our review. In case you’re also on the lookout for a new Android phone to go with a new smartwatch, Samsung’s Galaxy S22 devices have dropped to an all-time low at Amazon. The Galaxy S22 Ultra and the S22+ are both $200 off and are down to $1,000 and $800, respectively, while the standard Galaxy S22 is $100 off.

‘Super Mario Bros.’ movie delayed to April 2023

You won’t be able to see the long-awaited Super Mario Bros. movie in theatres for the holidays this year: Nintendo has pushed back the animated film’s release date to April 2023 from December 2022. Acclaimed video game designer Shigeru Miyamoto has announced the delay on Twitter, along with film’s the new premiere dates of April 28th in Japan and April 7th in North America.

Miyamoto didn’t reveal the reason behind the delay or say if the COVID-19 pandemic had anything to do with it. He only said that he and Chris Meledandri, the CEO of Illumination animation studio, have decided to move the film’s global release date. The Nintendo exec also apologized and promised that “it will be well worth the wait.” Illumination, known for the Despicable Me and Minions franchise, is animating the movie, while Universal is co-financing and distributing it in North America. 

The Super Mario Bros. movie has been in the works since 2017 and has been in “priority development” at Illumination over the past few years. It will feature the voices of Chris Pratt at Mario, Charlie Day as Luigi and Anya Taylor-Joy as Princess Peach. Jack Black will voice the legendary bad guy Bowser, while Seth Rogen will voice Donkey Kong. Charles Martinet, the actor who portrayed Mario in various games across the franchise, will also voice various cameos throughout the film.

Amazon workers in New York accuse the company of retaliatory firings

An independent group of Amazon workers called Amazonians United is accusing the e-commerce giant of firing four workers in Queens because they “supported a labor organization.” According to BuzzFeed News, the group filed charges with the National Labor Relations Board on April 14th, arguing that the company fired the workers for “protesting terms and conditions of employment.” The group also said that Amazon made the move to “discourage union activities.”

Workers at Amazon’s warehouses in Long Island City and Woodsland staged a walkout back in March to demand a pay raise of $3 an hour and the reinstatement of their 20-minute rest breaks. A Motherboard report about the protest noted that the workers were earning around $15.75 to $17.25 an hour and that Amazon had shortened their rest breaks from 20 to 15 minutes. Workers at the Queens facilities also joined a petition that circulated in December demanding better inclement weather policy and the right to keep their phones with them in case of emergency. 

As a labor organization, Amazonians United collectively fights for better policies that benefit workers without being an official union. It successfully fought for workplace policy changes and pay raises in the past. In this particular case, the National Labor Relations Board (NLRB) still has to review the group’s complaint before it decides if it has any merit. Just a few days ago, the NLRB successfully convinced a judge to order Amazon to reinstate Staten Island warehouse worker Gerald Bryson. The judge sided with the labor board and agreed with its argument that the company fired Bryson in retaliation for participating in a COVID-19 safety protest back in 2020.

Google files a trademark application for ‘Pixel Watch’

There’s a big chance that Google’s long-rumored smartwatch will be called the “Pixel Watch.” The tech giant has filed paperwork with the United States Patent and Trademark Office to trademark “Pixel Watch,” 9to5Google reports. In its application, Google wrote that the name is intended to “cover the categories of smartwatches,” “wearable computers in the nature of smartwatches,” as well as smartwatch cases, straps and bands. 

The trademark application didn’t contain additional details about the device. But based on previous rumors and rendering leaks, the company’s first in-house-developed smartwatch will have a circular face with no bezel. It’s expected to have a heart rate sensor and other features found in devices by Fitbit, which Google purchased in 2021, as well. The device will reportedly cost more than a Fitbit, though, and will be a veritable Apple Watch competitor. It’s also expected to run Wear OS 3, the tech giant’s upcoming wearable platform that will only make its way to a handful of current smartwatches. 

Jon Prosser, who’s known for leaking upcoming releases in tech, previously said that Google is planning to launch its first smartwatch on May 26th. That doesn’t sound unlikely, since the date coincides with the tech giant’s annual I/O conference that usually takes place in May. However, as 9to5Google points out, Google has to go through a few more regulatory hurdles before the device’s launch. Since the device hasn’t been spotted in listings at the Federal Communications Commission and the Bluetooth SIG yet, May 26th might be too soon for its unveiling.

The Large Hadron Collider is smashing protons again after a three-year hiatus

The Large Hadron Collider, the particle accelerator that enabled the discovery of the Higgs boson, is back in action after over three years in hiatus. CERN shut the accelerator down for maintenance and upgrade work that was extended due to delays caused by the COVID-19 pandemic. Now, it’s ready to smash particles for various research projects throughout its third run that’s scheduled to last until 2026. In fact, two beams of protons had already circulated in opposite directions around the 27-kilometer collider as of April 22nd at 12:16 CEST (6:16AM Eastern Time). 

It’s just a start, however: The beams contained a relatively small number of protons and circulated at 450 billion electronvolts. The LHC team will ramp up the energy and intensity of the beams until the accelerator can perform collisions at a record energy of 13.6 trillion electronvolts.

Mike Lamont, CERN’s Director for Accelerators and Technology, said:

“The machines and facilities underwent major upgrades during the second long shutdown of CERN’s accelerator complex. The LHC itself has undergone an extensive consolidation programme and will now operate at an even higher energy and, thanks to major improvements in the injector complex, it will deliver significantly more data to the upgraded LHC experiments.”

Research teams using the accelerator for their studies are expecting to be able to perform a lot more collisions — one, in particular, is expecting a 50 times increase — thanks to the upgrade. The more powerful LHC will allow scientists to study the Higgs boson more closely and to resume their hunt for a particle that proves the existence of dark matter with a more capable tool at hand. 

At the moment, dark matter is but a hypothetical form of matter that’s believed to be five times more prevalent than its ordinary counterpart. It’s invisible, doesn’t reflect or emit light, and all attempts at looking for it have so far been unsuccessful. LHC researchers have narrowed down the regions where the particle may be hidden, though, and the upgraded accelerator could bring us closer to its discovery. To note, CERN previously approved plans to build a more powerful $23 billion super-collider that’s 100 km in circumference, but its construction isn’t expected to begin until 2038. 

Massive DNA study of human cancers offers new clues about their causes

A team of UK scientists has analyzed the complete genetic makeup of 12,000 tumors from NHS patients and discovered 58 new mutations that provide clues about their potential causes. The team, composed of scientists from Cambridge University Hospitals and the University of Cambridge, used data from the 100,000 Genomes Project. That’s a British initiative to sequence the whole genomes of patients with cancers and rare diseases. 

Team leader Professor Serena Nik-Zainal said this is the largest study of its kind and that the vast amount of data her team worked with allowed them to detect patterns in the genetic alterations or “mutational signatures” found in the tumors. By comparing their results with other studies, they were able to confirm that 58 of the mutational signatures they found were previously unknown. Some of them are pretty common, while some are rare.

“The reason it is important to identify mutational signatures is because they are like fingerprints at a crime scene — they help to pinpoint cancer culprits,” Nik-Zainal explained. Some signatures could show that past exposure to environmental causes such as smoking or UV light had triggered the cancer, while others could have treatment implications. They could, for instance, pinpoint genetic abnormalities that could be targeted by specific drugs. 

Professor Matt Brown, chief scientific officer of Genomics England said: “Mutational signatures are an example of using the full potential of [whole genome sequencing]. We hope to use the mutational clues seen in this study and apply them back into our patient population, with the ultimate aim of improving diagnosis and management of cancer patients.”

In addition to conducting DNA analysis and publishing its results in Science, the team also developed an algorithm called FitMS that will give clinicians easy access to the new information they discovered. FitMS looks for both common and rare signatures in the results of a patient’s whole genome sequencing test. Doctors can use the algorithm to find out if their patients exhibit any of the newly discovered mutations for a more accurate diagnosis and for personalized treatments. 

Amazon accused of using charity work scheme to conceal warehouse incident rates

Amazon is pursuing the “aggressive geographic and use case expansion” of a scheme that sends injured warehouse workers to non-profits for light duty, according to The Financial Times. Under the scheme that’s officially called Amazon Community Together, workers get their full salary instead of compensation benefits that typically only cover a portion of their usual pay. While the program sounds beneficial for both workers and local non-profits, workers’ rights advocates argue that it’s a tool Amazon uses to hide the real number of serious injuries at its warehouses. 

Participants in the Community Together program are sent to charities like Salvation Army and Habitat for Humanity to do whatever work they’re capable of with their injuries. Over 10,000 workers have been placed at non-profits since it the program launched in 2016, but Amazon had to scale back its operations during the pandemic. Amazon spokesperson Lisa Campos said the program is voluntary and that the company gets “overwhelmingly positive” feedback from participants and partner non-profits. Indeed, the workers The Times talked to said they’re treated well at their placements, and partner non-profits are thankful for the “amazing amount of work” the workers do for them. 

As the publication points out, though, it also gives Amazon a way to reduce its Lost Time Incident Rate (LTIR), which is a standard OSHA metric that gives authorities concrete data on the number of severe incidents in a facility. Based on figures from the Occupational Safety and Health Administration, Amazon’s rate of injury is more than double that of the national warehousing industry average. And according to Strategic Organizing Center (SOC), a coalition of North American labor unions, there were 34,001 serious injuries at Amazon’s US facilities last year, up 36 percent from 2020. (Company CEO Andy Jassy blamed that high injury rate to new workers in a letter to shareholders and in an interview with CNBC.)

Amazon published its own report (PDF) in January that claims a 49 percent drop in LTIR in the US and a 43 percent drop worldwide in 2020. It didn’t, however, mention the growing number of Community Together placements, which had reportedly gone up by 22 percent over the same period. Eric Frumin from SOC said the program “can create a good social environment for people,” but “it can be highly abusive because the job could be contributing to the recurrence of the injury, or preventing recovery.”