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Big Oil Faded. Will Big Tech?

This article is part of the On Tech newsletter. You can sign up here to receive it weekdays.

Less than a decade ago, Exxon Mobil was the most valuable company in the world. On Monday, it’s being kicked out of the Dow Jones industrial average after nearly a century of inclusion in the stock index.

I’m mentioning an energy company in a technology newsletter for two reasons: First, as wild as it feels to have a handful of American technology superpowers rule the economy and the stock market and influence world events, oil superpowers like Exxon were in a similar position not very long ago.

And second, while it’s hard to imagine Big Tech losing relevance, most people didn’t predict that demand for fossil fuels would start to wane, until it did. That’s part of the sweeping changes that ushered out the era of Big Oil and started the Big

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ByteDance, U.S. government talking about avoiding full sale of TikTok

TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019.

Dado Ruvic | Reuters

ByteDance is speaking with the U.S. government about possible solutions that may allow it to retain some ownership of the U.S. operations of TikTok, while satisfying regulators in both China and the U.S. Those possibilities include handing over operational control of TikTok data to a U.S. tech company, while potentially still holding on to some ownership of assets, a person familiar with the process told CNBC.

The Wall Street Journal previously reported Wednesday that ByteDance was working with the U.S. government on ways to avoid a full sale.  The discussions have been taking place for months, the Journal reported, and the situation remains remains fluid. It’s still unclear if the Trump administration will be willing to go along with such a solution.

The White House previously

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UC San Diego to use smartphone pilot program for COVID-19 exposure alerts

Meanwhile, more than 600 students and faculty sent an open letter to UCSD calling to stop the Return to Learn plan.

SAN DIEGO COUNTY, Calif. — University of California Health announced Monday UC San Diego will be one of two campuses to pilot a smartphone technology that notifies users if they have had a high-risk COVID-19 exposure.

The limited pilot program will roll out incrementally at UCSD later this month. UC San Francisco will start using the technology a few weeks later for students, faculty and staff participating in onsite activities at select locations.

According to the university system, the technology does not collect location data from any device and will never share user identities.

“If the pilot is successful, it will set the foundation for the state to offer voluntary exposure notifications to all Californians using this free smartphone-based technology,” said Christopher Longhurst, chief information officer for UC San

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Infor CTO Defines Key Cornerstones Driving The Future Of Software

Technologists love to talk about the future. Some of them even self-style themselves as ‘futurists’. These are the kind of guys (all genders) that like to tell you that their grandchildren will probably live to 150-years of age due to the ever-advancing envelope of medical science.  

Software industry visionaries and luminaries are arguably somewhat more pragmatic, but no less prescient in their ability to be able to think about the next-big-thing and talk about likely platform-level shifts that will impact the way we use devices in the near future. 

The next big thing? Always, about 5-10 years away

When will the next Twitter, Instagram, iPad or Internet of Something (IoS) happen? Nobody really knows, so that’s why software visionaries usually say, “Oh, between five and ten years from now.” It’s a safe bet and they’re probably right.

Too humble

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