10 Things In Tech You Need To Know Today!
Good morning! Here is the tech news you need to know this Monday.
1. Uber tried and failed to build a FedEx rival. Now its $69 billion (£53 billion) valuation could be jeopardized (10 Things In Tech You Need To Know Today!).
2. Waymo on Friday dropped some of its patent claims against Uber in its lawsuit over autonomous vehicle technology. The self-driving car startup, which is a Google spinoff, is dropping three of its four patent claims against Uber’s lidar technology.
3. Social media giants are offering tens of millions of dollars to Fox so that they can play clips from the Russia World Cup on their platforms, according to a Bloomberg report. Fox is reportedly yet to decide whether to offer the rights to one platform exclusively or whether to spread them across a range of platforms.
4. Apple is planning to build another data center in Denmark as courts hold up its Irish server farm. The facility will reportedly cost $920 million (10 Things In Tech You Need To Know Today!).
5. Facebook Messenger’s David Marcus shrugged off accusations of copying Snapchat. He made his comments during a roundtable attended by Business Insider (10 Things In Tech You Need To Know Today!).
6. Metail, a startup that allows customers try on clothes in a virtual fitting room, has raised $12.88 million. The funding round was led by TAL, a leading Hong Kong-based clothing manufacturer which also led the 2014 funding round.
7. Startups around the world are raising hundreds of millions of dollars by issuing new digital coins, a trend that has made people both excited and concerned. Over half a billion dollars has been raised through so-called “Initial Coin Offerings” (ICOs) since the start of the year.
8. Microsoft’s chief information officer, Jim DuBois, has left the company, reports GeekWire. DuBois had been with Microsoft since 1993, and was named its CIO in 2013. In that role, DuBois oversaw Microsoft’s internal IT organization. His departure was reported a day after Microsoft announced massive layoffs.
9. Google is purchasing all the electricity generated by the largest solar park in the Netherlands over the next decade. It will use it to power a recently opened data center housing thousands of servers (10 Things In Tech You Need To Know Today!).
10. Apple called its former supplier Imagination Technologies’ statements “inaccurate and misleading”. The two have been fighting publicly since April, when Apple said it would drop Imagination Technologies’ graphics technology.