Good morning! After two days of rain, we're getting the sun back in New York today. Here's the news: 1. Cisco announced plans to lay off 6,000 employees yesterday during earnings.
2. Lenovo reported a 23% increase in profits, and the CEO talked to the WSJ. It's a good Q&A if you're interested in the smartphone market. Lenovo is the biggest PC maker in the world, and it wants to become the biggest smartphone maker. He says the Chinese market is crazy with all sorts of local companies willing to lose money to take share.
3. Here's what AOL could (should?) do with the $300 million it's about to raise through a bond offering.
4. Why Amazon decided to launch a credit card swiper like Square: It wants to create an end-to-end payments and commerce solution.
5. Wired has a big story on Edward Snowden that everyone was passing around.
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6. Farhad Manjoo at the New York Times argues that our smartphones aren't smart enough, thus we are bombarded with annoying notifications.
7. Here are 10 ads that show how nasty the fight between Uber and Lyft really is.
8. A 30-year-old startup CEO lays out his advice about life for the world in this 1,284 slide PowerPoint.
9. Apple has banned the use of two chemicals — benzene and n-hexane — during creation of the iPhones, iPads, and Macs to protect workers.
10. Microsoft CEO Satya Nadella, Twitter CEO Dick Costolo, and Facebook CEO Mark Zuckerberg have all taken the "ice bucket challenge" where they dump freezing cold water over their heads to support ALS research.
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