The Dangers Of Startups Offering Shares to New Staff

Startups often appeal to talent by offering them shares in the company. It can be great for both recruits and the companies that want them. However, a report by the Telegraph highlighted some of the issues that can arise too.

For start-ups, it’s a way to dangle the promise of enormous riches in front of recruits that they can’t yet afford to pay, since the shares cost nothing to give out but can be worth millions when the company matures. For established firms, it’s a way to win scarce talent away from rivals and secure its loyalty while keeping the wage bill low. But stock compensation has a dark side, and some tech workers are speaking up about it. They blame it for exacerbating the industry’s internal problems, such as inflated living costs and a lack of diversity.

Sir Nick Clegg: Breaking up Facebook Won't Solve Problems

Recently appointed Facebook executive Sir Nick Clegg gave his first media interview in his new role Sunday. He told Brian Stelter on CNN’s Reliable Sources that the problems facing Facebook “won’t suddenly evaporate” if it is broken up.  The social network’s co-founder Chris Hughes made such a suggestion last week.

Chopping a great American success story into bits” won’t stop foreign election interference or “poison” spreading online, Nick Clegg, Facebook’s vice president for global affairs and communications, told CNN Business’ Brian Stelter Sunday in his first US television interview since he joined the company last year. “We need to do more,” Clegg, the former UK deputy prime minister, said on “Reliable Sources.” But those problems “won’t suddenly evaporate. There will still be Russian trolls.”

TikTok Helps Bring Unknown Muscians to a New Audience

Video sharing app TikTok is helping relatively unknown musicians become superstars. In particular, the app has helped bring artists’ music to China and other parts of Asia. Bloomberg Businessweek spoke to some of those who benefited.

TikTok and Douyin, both owned by the Chinese startup Bytedance Ltd., are propelling songs from obscurity to ubiquity overnight, rewriting the path to stardom for some acts. While Fitz and the Tantrums had already experienced success at home, the burst of fame on TikTok persuaded the band to focus on Asia as it rolls out its new album. The list of acts that owe sudden success to TikTok grows by the day. Lil Nas X just scored a No. 1 song on the Billboard charts—and a record deal—after his song Old Town Road went viral.

BESTEK Mountable Power Strip: $23.99

Check out today’s deal on the BESTEK Mountable Power Strip. It’s a power strip with regular three AC outlets, three USB charging ports, and one USB-C charging port, but it’s designed to let you mount it to the wall or paste it under your desk. It also includes over-voltage, short circuit, overload, and over-current protection, as well as FCC authentication. It’s $23.99 through our deal.

EVE Online Makes it Easier for Mac Gamers Running Wine

EVE Online is an MMO where gamers can build and pilot spaceships and explore the universe. Today the company will start using direct upstream Wine versions for its Mac client.

On rollout, Mac users will no longer need to run a wrapper to execute a 32-bit client on their native 64-bit operating systems, which will allow the EVE client to make better use of system resources and resolve a number of long standing issues that pilots who are playing on Mac experience.

Using upstream Wine will also improve the speed at which updates will reach our pilots who’re playing on Mac, with a multitude of Mac compatibility improvements becoming available to all Mac users with this single release.