Good morning! Here is the tech news you need to know this Thursday.
1. Blood-testing company Theranos and its founder Elizabeth Holmes have been charged with ‘massive fraud’ by the SEC.Holmes has settled with the SEC.
2. A former Equifax executive was charged by the SEC with insider trading for selling shares before the firm’s massive breach was made public. Jun Ying allegedly made around $US1 million from exercising his stock options, then selling the shares.
3. Apple reportedly rushed its smart assistant Siri for the iPhone 4S, and the service has now become the tech firm’s albatross. According to The Information, Siri’s team didn’t find out that Apple was working on its HomePod speaker until 2015.
4. Facebook has banned pages belonging to Britain First, the far-right group once retweeted by Donald Trump. The company cited hate speech as the reason for the ban.
5. Wikimedia Foundation, the organisation behind Wikipedia, said it wasn’t told of YouTube’s plan to add Wikipedia articles beneath YouTube videos. The organisation suggested that it expected something from YouTube in return – like testing for increased article vandalism.
6. WhatsApp has agreed not to share European user data with parent Facebook until the pair can comply with strict upcoming European privacy rules. The decision comes after an investigation by the UK’s data watchdog.
7. The UK government said it would consider adding warning labels to social media sites such as Facebook. The labels would indicate that the sites could be harmful, a little like cigarette labels.
8. Lyft has received a $US200 million investment after partnering with automotive components supplier Magna. The two will work on self-driving vehicles.
9. Spotify is testing voice search feature that lets people ask to play certain playlists or artists. It’s just a test for now, but could pave the way for a smart speaker.
10. Uber has updated its app in the UK to make it clearer that its London drivers are licensed by the local transport regulator, and that it accepts ride bookings before dispatching a driver. The changes are part of the firm’s ongoing legal battle to win back its licence in London.