Good morning! Here is the tech news you need to know this Monday.
1. Tim Cook and other top Apple executives took a pay cut in 2016 for missing targets.Cook specifically received $8.75 million (£7.18 million) in total compensation, which is a 15% decrease from the $10.3 million (£8.45 million) he was paid in 2015.
2. Amazon’s Alexa, the personal assistant that launched with the Amazon Echo smart speaker, completely dominated this year’s Consumer Electronics Show. It’s now being integrated into phones, cars, and TVs.
3. Google parent company Alphabet just made a big move to bring its self-driving car tech to market cheaper and faster. Alphabet-owned company Waymo has slashed the price of lidar, a key component of self-driving cars that helps them see the world, by 90%.
4. Uber is finally giving cities a slice of the data they have been clamoring for. The company unveilled a new tool called “Movement” that takes years of trip data across its cities worldwide and makes it available to the public.
5. The Internet Archive has launched a “Trump Archive” of old TV footage to hold the president-elect Donald Trump to account. It contains a huge collection of footage of Trump’s media appearances and interviews.
6. Lastminute.com founder Brent Hoberman explained why the UK will find it harder to build Google-sized companies after Brexit. He highlighted the importance of Europe’s digital single market to UK technology companies.
7. Abu Dhabi’s government is going to invest $10 billion (£8 billion) in what is set to be the world’s largest tech fund, Bloomberg reports. The money will be invested through Mubadala, a holding company established and owned by the government of Abu Dhabi.
8. Analysts at Nomura believe the iPhone 8 is going to blow iPhone 6 out of the water. They estimate that a “supercycle” will develop in the last three months of 2017 that will make iPhone 8 a much, much bigger product than iPhone 6.
9. The Drudge Report, the highly trafficked conservative news website, has been knocked offline for extended periods of time over the course of the last two weeks. Large distributed denial of service (DDoS) attacks are to blame but it’s unclear who is behind them.
10. More low-income people are starting to use Amazon Prime. The paid membership program, which gives people access to things like free shipping and online video, has an estimated 50 million US households so far.
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