Zoom-Layoff CEO is Back | Bill Bans Targeted Ads | More FAA 5G Stupidity

you welcome in long vision—Where we look at the week’s news and strip it of the essentials. let’s work What is the real problem?.

This week: Return of the CEO who fired 900 employees on a Zoom call, Capitol Hill has a bill to kill ads, and a last-minute hiccup in an FAA/FCC 5G truce.

1. Better.com CEO will try to do better

First time this week: Better.com, the DevOps-led mortgage lender, has reinstated its old CEO. You probably remember Vishal Garg – he was the character who laid off 9% of his company In an open Zoom call.

Analysis: Can leopards change positions?

Mr. Garg is asked to help build a “respectable workplace”. But the notoriously fighting CEO recently called investors “sewage,” threatened remaining employees with a “bloodbath,” and allegedly told a former business partner he would. “Burn him alive.”

Riley de Leon: Best Founder Vishal Garg…Returns as CEO

The move comes less than two months after Garg came under fire for laying off nearly 900 employees, or 9% of its workforce, via Zoom and then backtracked at the request of the Better Board of Directors. …according to an internal memo: …”CEO Vishal Garg has taken a break from his full-time duties to reflect on his leadership and reconnect with the values ​​that make ‘better’ even better and work closely with an executive coach. … We are confident in Vishal and in the changes he is making. He sticks to it to better provide the kind of leadership, focus, and vision you need.”

The memo also reveals that board members Raj Dit and Dinesh Chopra have resigned, although “not due to any disagreement with Peter”. … in charge [had] He cited market efficiency, performance, and productivity as the reason behind his firing. [He later] They accused employees of “stealing” from their colleagues and clients by being unproductive and working only two hours a day.

In May, Better announced that it would be rolling out to the public. … Since then, several outlets have reported that Better has delayed plans to list it amid ongoing scrutiny.

With a reminder, here’s Emma Goldberg:

Mr Garg told his workers: “If you’re making this call, you’re part of the unlucky group being laid off.” [via Zoom]. “Your employment here is terminated effective immediately.”

Since then, Better.com has conducted a “thorough and independent” review of its culture [and is] Appointment of a new Chairman of the Board of Directors and Head of the Human Resources Department. … Some additional actions include … a training program on building a “decent workplace” and a new Ethics and Compliance Committee, which reports directly to the Board of Directors.

Do not hesitate – tell us how you really feel, Tweet embed:

What an absolute bull pile from this guy. He knew exactly what he was doing and didn’t care. You don’t “think” about it.


2. The Law on Banning of Monitored Ads

Democrats want to ban targeted ads. New bill bans the kind of adtech that Google and Meta/Facebook have turned into an art form. It will also put the kibosh on Data brokers business models.

Analysis: Expect Google and Facebook to fight like Spartans

This will be an uphill battle. But it’s worth the fight: Surveillance capitalism has become a norm, but if consumers fully understand how invasive privacy is, they’ll rise up with flaming pitchfork in hand.

Taylor Hatmaker: New privacy bill will place significant restrictions on targeted advertising

The Banning Surveillance Advertising Act, introduced by Representatives Anna Esho (D-CA) and Jan Schakowsky (D-IL) in the House and Corey Booker (D-NJ) in the Senate, would significantly limit the ways in which tech companies display ads. … Targeting based on “protected layer information, such as race, gender, religion, and personal data purchased from data brokers” will be prohibited.

Senator Booker described the target advertising model as “predatory and invasive.” “This malicious practice … fuels disinformation, discrimination, voter suppression, privacy violations, and many other harms,” ​​Representative Esho said.

The bill would empower the FTC and state attorneys general [levy] Fines of up to $5,000 for each known incident of violations.

Trying to clear the bill, it’s Sam Biddle:

The federal ban on surveillance ads seems like a very long shot. But I think the only people who would genuinely oppose it are the relatively small segment of the population that makes their money doing surveillance.

If you go anywhere, get ready for a series of “this will literally kill small business owners” propaganda from FB/Google/et al. [It] are orders of magnitude more important than any weak person willing to fix Facebook! Proposals I’ve seen in recent years, in terms of privacy and facing the power of big technology.

Yay. Go GoTeam:

exactly! The job of the government is to keep track of us secretly, not the advertisers! (?)


3. Last-Minute Hiccups in 5G FAA/FCC Armistice

Two weeks ago, I told you that the FAA backed down in its opposition to the 5G band NR 77. Well, a lot could happen in a couple of weeks. It seems that the carriers were not happy and demanded more mitigation from the mobile carriers at the last minute.

Analysis: FAA vs. FCC: A Plague on Their Home

The various industries involved – and their regulatory agencies – had their years to sort this out. And it smells a lot like FAA dereliction of duty.

Theo Leggett: Carriers agree to delay another 5G at US airports

The overextension of 5G networks in the US has been messy, to say the least. The startup has been delayed twice — and now AT&T and Verizon are under heavy pressure, agreeing to delay opening some parts of the network near airports.

There is clearly plenty of time to come up with a mitigation plan – and other countries have been able to do just that. The question is, why have US regulators, telecom operators, airlines and airports seemingly unable to come up with a workable solution?

David Von Drehle says the FAA is “incompetent”:

5G – the long-awaited next step in cellular technology. …it was no secret. …and yet it seems to have surprised the FAA. … Various concessions and delays [have been] offered by the wireless industry – all of which have been met with last-minute panic-selling by the Federal Aviation Administration (FAA).

The FAA’s slowdown raises a red flag for the agency’s jurisdiction. …if a slow-moving, widely publicized challenge like 5G could catch the FAA unprepared, it’s hard to hope for a smooth landing in…other areas…like keeping up with pandemic health measures, battling unruly travelers and finding the next generation. of pilots, flight attendants, and air traffic controllers.

Is there any doubt? he does not see @K0LWC:

There is no doubt that this is a massive screw up by the FAA and, even less, the FCC. The introduction of 5G and the bands being auctioned on came as no surprise.


The cues from the story: Idealism is the enemy of the good.

You have been reading long vision by Ritchie Jennings. You can contact him at Tweet embed or [email protected].

Photo: Jan Valečka (via Unsplash)

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