Good morning! Here’s the technology news you need to know this Thursday morning.
1. The new iPhone may ditch the Home button in favour of “virtual buttons.” Analyst Ming-Chi Kuo expects the lower portion of the screen to be a “function area” with buttons that could change usage depending on the active app.
2. Twitter CEO Jack Dorsey bought $US7 million (£5.6 million) in stock after its value dropped dramatically. He tweeted a link to the SEC filing along with the message “LoveTwitter.”
3. Verizon is reportedly close to a revised deal that cuts Yahoo’s price by about $US250 million (£200 million). It was reported in December that Verizon wanted to renegotiate the deal after Yahoo announced that 1 billion account credentials had been stolen as far back as 2013.
4. BlackBerry’s share of the global smartphone market is now officially 0%. In the fourth quarter of 2016, more than 432 million smartphones were sold, and just 207,900 were BlackBerry devices running its own operating system.
5. Atomico, a European VC fund set up by Skype’s cofounder, has raised $US765 million (£613 million) to invest in European startups. Atomico has closed its Atomico IV fund.
6. Yahoo is telling users that hackers may have accessed their accounts without passwords. The attack was originally announced in September, but has largely been overlooked until now.
7. Apple once considered building futuristic cybercafes instead of Apple Stores. Steve Jobs eventually decided to put plans for the Apple Cafe on hold because he had the idea for Apple Stores.
8. “Angry Birds” developer Rovio is laying off around 10% of staff. 35 jobs are expected to be lost.
9. Apple’s CFO explained why its research and development costs increased to $US2.8 billion (£2.2 billion). Luca Maestri said Apple how has so many product lines and future projects that it needs to spend more on R&D.
10. “Clash of Clans” maker Supercell’s profits grew despite the challenge from “Pokémon Go.” The company’s profits were up 8% last year.
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