Good morning! Here’s the tech news you need to know to end your week.
1. Google is very close to buying HTC’s smartphone business. The Taiwan-based electronics company has been struggling.
2. Credit-monitoring agency Equifax was breached, and 143 million people’s details were stolen. Three executives sold stock before the news was announced, but say they had no knowledge of it.
3. Twitter is preparing a Facebook-like analysis of Russian activity for US Congress. Facebook found evidence that fake accounts from Russia bought thousands of adverts during the US election.
4. Canada-based Kik isn’t letting Canadian investors participate in its $US125 million (£95 million) ICO. It will be one of the highest-profile initial coin offerings yet, Bloomberg reports.
5. Apple is totally dependant on Samsung for the iPhone 8. The South Korean company is making its OLED screen.
6. Amazon plans to build another US headquarters that is “equal” in size to its Seattle campus. It will cost $US5 billion, and the location hasn’t been decided yet.
7. Fintech has a gender problem. Women represent just 29% of staff in the sector in the UK.
8. Investors including GV (formerly Google Ventures) poured $US93 million (£71 million) into a company building personalised cancer vaccines. Gritstone Oncology wants to start human clinical trials in 2018.
9. The iPhone 8 could cost $US1,000 in the US (and potentially up to £1,000 in the UK), but most people won’t pay that upfront. Contracts with carriers will soften the blow.
10. Marvel and Disney movies will be streamed exclusively on Disney’s new streaming app when it launches. CNBC reports it is expected to open in late 2019.
Business Insider Emails & Alerts
Site highlights each day to your inbox.