On Topic: Tech news to know now

Here’s what’s going on in tech on Monday…

–Employees at Google may be looking over their shoulders today. The company’s head of diversity has taken to task an employee’s manifesto criticizing Google’s diversity policies.

–Japanese tech and investment giant Softbank is said to be mulling over putting some money into either Lyft or Uber.

–Google is cutting the price of its original Pixel phone by $200 ahead of a new model that is expected to be released in the coming weeks. The price cut is part of a back-to-school promotion.

–Tesla said Monday it will raise $1.5 billion to ramp up its big Model 3 push by selling senior notes that will be due in 2025.

–Netflix buys something? Netflix buys something! In its first-ever acquisition, Netflix has bought comic book publisher Millarwood, which is run by Mark Millar, the creator of the Kick-Ass and Kingsman characters and stories.

–PayPal had a good quarterly report last week. One reason could be that it doesn’t count employee stock grants as an expense.

–With Amazon just getting bigger and bigger, some retailers and brands are employing new, and sometimes obvious, techniques to attract consumers.

–Fitbit got a boost last week with better-than-expected quarterly results. But, is the fitness band maker really back on track to better health?

–Troubled electric car maker Faraday Future has signed a lease on a new, ready-made manufacturing plant in Hanford, Calif. The move comes days after Faraday abandoned plans to build its own plant in Nevada.

Photo: Building 40 at the Googleplex in Mountain View, with Google’s new logo, in September 2015. On Monday, Google continued to deal with a controversy involv (Photo by Matt O’Brien)

 

 

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