Situational awareness: Cisco announced this morning it plans to acquire Duo Security, a cybersecurity vendor that offers cloud-based multi-factor authentication and other features, for $2.35 billion. Read Axios' Dan Primack's take here.
Illustration: Sarah Grillo/Axios
There's no question that the roads will be safer once they are filled with autonomous vehicles. The challenge is navigating the path to that future amid so much uncertainty around business models and rules of the road.
Why it matters: While the eventual arrival of safe self-driving cars is a welcome goal, the challenge is navigating the bumpy and uncertain road to that goal.
We asked some of our outside Expert Voices contributors to weigh in on a couple of the most pressing issues.
On the business model front, the challenge is that autonomous vehicles will cost far more than traditional cars, especially at first. The good news is there are a number of ways to share that increased cost, through joint ownership, ride-hailing and other methods.
In this Expert Voices piece, IoT Disruptions CEO Sudha Jamthe takes a look at a number of the ideas being tested and who's picking up the tab. She writes...
Meanwhile: Self-driving cars have the potential to be far safer once the industry is mature, but less clear is how to regulate and manage them in their early stages. In this other Expert Voices piece, Carnegie Mellon University's Philip Koopman has a look at how different states are approaching their oversight role.
The bottom line: Autonomous cars may drive themselves, but they'll need plenty more human help to steer their way toward safe, widespread use.
T-Mobile US CEO John Legere (left) and Sprint Executive Chairman Marcelo Claure. Photo: Mandel Ngan/AFP/Getty Images
With their merger still awaiting regulatory approval, T-Mobile and Sprint continue to operate as independent, competing wireless companies. In separate earnings reports on Wednesday, both companies appear to be holding their own.
The bottom line: Sprint and T-Mobile can probably do OK on their own in the short term, but the wireless industry is a scale business. AT&T and Verizon have it and Sprint and T-Mobile don't.
Reddit disclosed on Wednesday that hackers broke into its systems back in June, gaining access to a mix of decade-old posts and recent email digests.
Should you worry? Probably not, says Axios' Joe Uchill. The only things that hackers could see were:
What happened? The best practice in industry is to use two-factor authentication: a system where to log in, a person needs to offer both a password and another security step, like a fingerprint scan or a physical key.
For more news like this, sign up for Joe's free biweekly Codebook newsletter.
Alex Stamos is leaving Facebook after a tough year for the company. Photo: Win McNamee/Getty Images
Facebook's chief security officer, Alex Stamos, is leaving the company to teach and conduct research at Stanford University.
Why it matters: While his exit was expected, it comes as the company is still grappling with the spread of political disinformation on its platform, notes Axios' David McCabe.
What they're saying:
In a Vanity Fair excerpt from her upcoming memoir, Lisa Brennan-Jobs talks about the highs and lows of being the daughter of Apple founder Steve Jobs.
The bottom line: Jobs was a complicated person: brilliant, frustrating, inspiring and abrasive all at the same time. That was as true for Brennan-Jobs as it was for those who worked with him.
In the excerpt, Brennan-Jobs reflects on her earliest encounters with her father, from the initial days when he denied paternity through their early, infrequent childhood encounters.
Most poignantly, she recalls asking Jobs if Apple's early Lisa computer was named for her. He tells her it wasn't.
"I see now that we were at cross-purposes. For him, I was a blot on a spectacular ascent, as our story did not fit with the narrative of greatness and virtue he might have wanted for himself. My existence ruined his streak. For me, it was the opposite: the closer I was to him, the less I would feel ashamed; he was part of the world, and he would accelerate me into the light."— Lisa Brennan-Jobs
Asked later by Bono, Jobs admits that, yes, the Lisa computer was named for his daughter.
My thought bubble: My own relationship with Jobs as a journalist covering Apple was also complex. As I wrote when he died, Jobs had several irreplaceable qualities, from his abilities as a salesman and dealmaker to his unmatched eye for design and his innate sense for what consumers would want. And yet, in the times I interviewed him, he could also be brusque, dismissive and downright rude.
Warby Parker has a new line of custom pencils, complete with rather witty sayings.