10 things in tech you need to know today

Sputnik/Aleksey Nikolskyi/KremlinRussian President Vladimir Putin gestures during an interview with French daily newspaper Le Figaro in Paris, France May 29, 2017. Picture taken May 29, 2017.

Good morning! Here’s the technology news you need to know this Tuesday morning.

1. Netflix blew past subscriber growth targets in Q4, and the stock soared to record highs. Netflix gained 8.3 million subscribers globally, which made Q4 “the highest quarter in our history,” the company said.

2. Microsoft had to restrict sales in Russia because of US sanctions. The sanctions had previously affected banks, but now Microsoft is being affected.

3. Rupert Murdoch wrote in a statement that Facebook has become “inherently unreliable” and should pay publishers for posting on the site. “The time has come to consider a different route,” he wrote.

4. Bitcoin exchange Coinbase reportedly made more than $US1 billion (£715 million) in revenues last year. Recode said that the company’s valuation has probably doubled since a $US1.6 billion (£1.1 billion) valuation in August.

5. Facebook is planning to spend €10 million (£8.7 million) expanding its artificial intelligence centre in Paris.Over five years, Facebook plans to double the number of researchers to 60, and to increase funding of local PhD candidates to 40 candidates.

6. Intel is coming out with a new fix for Spectre and Meltdown because the original caused unexpected reboots.Intel now says users should avoid installing and partners should stop distributing the patch it issued to protect against the Meltdown and Spectre attacks.

7. Facebook said it can’t guarantee that social media is good for democracy. A Facebook employee wrote a blog post about the company’s response to the latest allegations about Russian meddling in Western democracy.

8. Apple CEO Tim Cook and Malala Yousafzai are joining forces to get 100,000 underprivileged girls into school. Cook travelled to Beirut at the weekend.

9. People waited in a line wrapped around the block to shop at Amazon’s new store that claims to ban lines. The Amazon Go store opened in Seattle yesterday.

10. A video appears to show Tesla’s new Semi already cruising on public roads.Tesla isn’t expected to start producing its electric semi-truck, the Semi, until 2019.

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