Day: July 2, 2019

Android creator Andy Rubin is accused of running a ‘sex ring’ (GOOG, GOOGL)

Source: Business Insider On:

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  • Further details about Andy Rubin’s alleged extramarital affairs were revealed in unsealed court documents on Tuesday, shedding new light on last year’s New York Times report which claimed the Android creator had been involved in “ownership relationships” with multiple women. 
  • One woman, who is referred to in the complaint as “M,” was allegedly working with Rubin in what was described as a “sex ring.”
  • “M” would “agree to perform various sexual acts with multiple men,” have it filmed for “the enjoyment of Rubin and other men,” and then, would have sex with Rubin “off-camera,” according to the complaint. 
  • Also, central to the complaint is the accusation that Rubin cheated his former wife out of a lot of money with a prenuptial agreement that didn’t cover some of his personal wealth — and that may have been drafted by an attorney with a conflict of interest.
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Android creator Andy Rubin was allegedly involved in running a “sex ring” with at least one woman, and is accused of cheating his ex-wife out of millions of dollars in their prenuptial agreement, according to a civil complaint unsealed on Tuesday in connection with another case. 

The documents were first shared by Buzzfeed News’ Ryan Mac. A lawyer for Rubin says that the complaint is full of “false claims.”

“This is a family law dispute involving a wife who regrets her decision to execute a prenuptial agreement. It is full of false claims and we look forward to telling our side of the story,” a lawyer for Rubin told Business Insider. 

Read more: Larry Page ‘bypassed’ Alphabet’s board to personally give Andy Rubin a $150 million stock package while he was under investigation for sexual misconduct, according to lawsuit

In the unsealed complaint, one woman, who is referred to as “M,” was allegedly working with Rubin in what the filing describes as a “sex ring.” “M” would “agree to perform various sexual acts with multiple men,” have it filmed for “the enjoyment of Rubin and other men,” and then, would have sex with Rubin “off-camera,” according to the documents. 

The details regarding Rubin’s alleged extramarital affairs shed new light on last year’s New York Times report which claimed the Android creator had been involved in “ownership relationships” with multiple women during his marriage. According to the complaint, Rubin would “pay for their expenses in exchange for offering them to other men.”

Central to the complaint is the accusation that Rubin cheated Rie Rubin, his now-former wife, out of a lot of money by having her sign a prenuptial agreement days before their wedding, while she was pregnant with their child, without adequately disclosing that his lawyer had represented him in a previous divorce. That conflict of interest, as well as the rest of the story, form a basis for invalidating the agreement, Rie Rubin argues in the complaint. 

With the complaint, Rie Rubin is seeking to invalidate that prenuptial agreement, with which she says that Rubin was able to exclude some of his personal assets from being covered by the agreement — including what appears to be his portion of the proceeds from the sale of Rubin’s previous company Danger to Microsoft in 2008.

Specifics of that deal were redacted in the documents. However, the documents say that Rubin’s net worth went from about $10.3 million at the time of their marriage, up to an estimated $350 million today.

Last fall, when news broke that Google paid Rubin a $90 million exit package despite multiple cases of harassment reportedly having been brought against him, a major controversy was stirred internally at the tech giant. Some 20,000 employees worldwide staged a walkout in protest of Rubin’s payout and the company’s overall handling of harassment cases, especially amongst executives. 

At the time, Google CEO Sundar Pichai said that over the previous two years, 48 employees had been fired for sexual misconduct, 13 of whom held senior positions at the company. 

Read the full complaint here:

SEE ALSO: Facebook, Google, and Apple are going on the defense as the battle cry to break up ‘big tech’ gets louder than ever

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Those Novelty Fourth of July Party Favors Aren’t As Patriotic As You Think They Are

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The new Fourth of July tradition of flashing lights and blinky toys isn’t patriotic. It’s a disaster for the environment. Now is the perfect time to rethink those novelty decorations and party favors and shift to something less harmful for celebrating.

Equinix is launching a $1 billion dollar venture with Singapore’s sovereign fund to help cloud customers like Amazon, Microsoft, and Google keep up with their massive data center needs (EQIX, AMZN, GOOG, MSFT)

Source: Business Insider On:

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  • Equinix, the data center colocation giant, is forming a $1 billion joint venture with Singapore’s sovereign fund to build bigger facilities for ‘hyperscale’ data centers.
  • Equinix currently runs 200 mammoth facilities worldwide where cloud giants, such as Amazon Web Services or Microsoft Azure, set up datacenters to support their massive networks, and offer faster service in specific locations. 
  • The company formed the venture to build even bigger facilities that could typically hold more than 10,000 servers each. 
  • An analyst said the venture is a “significant investment” in a market that’s expected to be worth $62 billion by 2025.
  • Click here for more BI Prime stories.

Equinix runs huge facilities where cloud giants set up thousands of servers in huge datacenters that support their massive networks. These so-called “hyperscale” data centers help them provide faster, more reliable services to customers within 

Equinix, a Redwood City, California-based tech company, already runs more than 200 such facilities worldwide, but the need is still growing. That’s why Equinix said it is forming a $1 billion venture with Singapore’s sovereign fund to build even more massive facilities to serve the ever-growing computing power requirements of cloud giants.

Indeed, Equinix already counts Amazon Web Services, Microsoft Azure, and Google Cloud as customers — though the company doesn’t say if they’re using these specific hyperscale data centers.

“They are growing faster than they can build their own capacity, so they turn to outside suppliers like us to provide that large-scale capacity in various locations,” Eric Schwartz, Equinix’s chief strategy and development officer, told Business Insider.

Equinix operates like a landlord that also offers technical services to major cloud companies. The company provides the real estate where cloud giants set up their servers, as well as the technology that makes it easier for these data centers to connect with their main datacenters and the outside world. Cloud giants typically deploy these hyperscale datacenters to enhance their main networks, Schwartz said.

“Our facilities are designed to be the junction points,” he said. The cloud giants “build their networks from their facilities to facilities like ours” setting up “small deployments that operate like a gateway.”

The joint venture with the Singapore sovereign fund, known as GIC, plans initially to build six facilities in Europe, including Amsterdam, Frankfurt and London. Equinix will own 20% of the venture, while Singapore venture, known as GIC, will control 80%. The venture is expected to close in the third quarter, Schwartz said.

Analyst Ray Wang of Constellation Research called the Equinix venture “a significant investment.” 

These are larger facilities with more than 5,000 servers and 10,000 square feet” with  “higher densities, less power consumption, massive compute power,” he told Business Insider. “Enterprises and brands who want to access hyperscale compute have limited options as they must go to public cloud options which limit their agility and security.”

Through the venture, Equinix will be able to “tap into a huge market that gives customers choice without the capex build out requirements.” The market for hyperscale datacenter facilities is projected to be a $61.2 billion market by 2025, according to Constellation Research.

Equinix is building the facilities at a time of heightened focus on data privacy, including the requirement in some countries and regions, including Russia, China and the EU, for tech companies to store data in the countries they serve, not in foreign locations.

However, Schwartz says that the major reason why customers turn to Equinix isn’t for purposes of meeting those requirements, but rather for reasons of performance: The main reason their customers would want to set up a hyperscale data center in a specific location, he says, is to improve the quality and speed of their networks.

“Our customers want to be geographically distributed,” he said. “This is about performance and hosting the datacenter near users. People’s tolerance for delay on their applications is going down.”

Got a tip about Equinix or another tech company? Contact this reporter via email at [email protected], message him on Twitter @benpimentel. You can also contact Business Insider securely via SecureDrop.

 

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