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10 things in tech: RIP Twitter Fleets — Snapchat salaries — Tesla tunnel

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1. TikTok hit three billion downloads, a critical milestone only Facebook has reached. The video-snippet platform is the fifth non-game app to ever surpass the three billion install mark, showing that Facebook isn’t the only app people can’t live without. More on that here. 

2. Twitter has abandoned Fleets. The company’s version of the disappearing stories made famous by Snapchat wasn’t getting enough engagement to make it worthwhile, according to Axios. Rest in peace, Fleets. 

3. Fort Lauderdale wanted Elon Musk to build a commuter train tunnel, but got a $30 million Tesla tunnel instead. Emails obtained by Insider show how Musk’s The Boring Company persuaded the city to pursue an entirely different project from the one that brought them together. Here’s what went down.

4. Apple and Goldman Sachs are launching a “buy now, pay later” service. Dubbed Apple Pay Later, the service will let you pay for products over several months, according to Bloomberg. This is how it’ll work.

5. Facebook joined Amazon in requesting the FTC’s new chairwoman be removed from any investigations. In a filing this week, the company asked that Lina Khan recuse herself, citing her past criticisms of the tech industry as biased. What we know about its request.

6. Videos of Tesla’s latest full self-driving software update don’t inspire much confidence. Taken by beta testers, some videos show the cars driving smoothly, while others show Teslas swerving into medians and narrowly missing other vehicles. You can see clips here. 

7. When Yahoo offered $1 billion to buy Facebook, Mark Zuckerberg said he’d probably use the money to build (drumroll, please) another Facebook. Zuckerberg said he wouldn’t know what to do with the money Yahoo offered him in 2006, according to a new book. Read more excerpts from the book. 

8. Bay Area renters have to make between $31 and $68 an hour to afford an apartment. Due to its tech scene, San Francisco has the highest rent in the country — and residents have to work two full-time, minimum-wage jobs to afford a two-bedroom apartment. Get the details here. 

9. A leaked email shows cybersecurity startup Tanium lost its fourth chief marketing officer in five years. The latest exit comes as CEO Orion Hindawi says the company is preparing for an IPO. A look at what we know so far. 

10. Snapchat salaries revealed: How much does Snapchat pay its employees? We researched how much Snap pays for jobs in product, marketing, engineering, and more. Here’s how much staffers get paid.


Compiled by Jordan Erb. Tips/comments? Email [email protected] or tweet @JordanParkerErb.

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