Good morning! Here’s the technology news you need to know this Thursday morning.
1. A new report says the iPhone 8 won’t come with wireless charging at launch. One of the rumoured features of the new iPhone is that you won’t need to plug it in to charge it — but it’s sounding like Apple won’t have that ready for launch.
2. A French court has ruled that Google doesn’t have to pay €1.1 billion (£974 million) in back taxes. The French finance ministry said it was considering an appeal.
3. Microsoft announced that it’s building a team of artificial intelligence experts. Microsoft Research AI is a “key strategic effort,” the company said.
4. Apple is going to set up a data centre in China to meet strict new cybersecurity rules. It’s partnering with a local company to make sure that Chinese user data is hosted inside the country.
5. The manufacturing arm of British luxury smartphone company Vertu is set to shut down. Vertu Corporation Limited will likely be liquidated, causing the loss of nearly 200 jobs.
6. The Nintendo Switch is finally getting video streaming services. The first third-party app headed to the Switch is a Japan-exclusive: NicoNico, a video streaming service that’s very similar to YouTube.
7. Morgan Stanley analysts said that “bitcoin acceptance is virtually zero and shrinking.” The research note published yesterday said that last year bitcoin was accepted at five of of the top 500 online merchants. Today, only three of the top 500 merchants accept bitcoin as a form of payment.
8. SoundCloud’s CEO confirmed he’s looking for more funding less than a week after cutting 40% of his workforce. Alex Ljung spoke at the Tech Open Air conference in Berlin yesterday.
9. UBS said that Wall Street might be underestimating the most important part of Netflix’s business. Analysts said that investors may have underestimated Netflix’s total number of subscribers.
10. Snapchat’s next original show is about “ghosting” people you date. “Ghost Hunt” will star comedian Matteo Lane and will be produced by Elisabeth Murdoch’s Vertical Networks.
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