10 things in tech you need to know today

YouTube / Bloomberg TV Markets and FinanceApple hosts a major event today.

Good morning! This is the tech news you need to know this Monday.

  1. Apple is holding a big event today – here’s everything it’s expected to announce. Growing its services business is critical for Apple as iPhone sales have been slowing.
  2. Apple reportedly wants to sell subscriptions to HBO, Showtime and more premium channels for $US9.99 a pop. Apple is expected to reveal separate subscription services for TV and news content during a special event today.
  3. Pinterest officially filed for an IPO on Friday.Pinterest generated $US755.9 million in revenue in 2018 but saw a net loss of $US63 million.
  4. Hewlett-Packard’s blockbuster $US5.1 billion legal battle against Autonomy’s former CEO Mike Lynch is about to kick off. The Silicon Valley firm acquired Lynch’s company Autonomy for $US11 billion in 2011, but subsequently wrote $US8.8 billion off its value.
  5. Pinterest’s IPO structure could give CEO Ben Silbermann the right to control the company from beyond the grave. The company has dual-class shares, which give some shareholders, like founding CEO Ben Silbermann, greater voting powers than other investors.
  6. A court filing revealed Facebook was warned about Cambridge Analytica issues months earlier than previously disclosed. An employee was raising red flags internally back in September 2015.
  7. YouTube has cancelled plans to make TV shows according to Bloomberg. The Google-owned video site is ducking out of the race against Netflix, Amazon, and soon Apple.
  8. Thousands of Reddit users are trying to delete Google from their lives, but they’re finding it impossible because Google is everywhere. Thousands of Reddit users have joined r/deGoogle, a community dedicated to surviving on the internet without Google.
  9. Uber is acquiring its Dubai-based rival Careem, sources told Bloomberg. Uber will reportedly pay $US1.4 billion in cash and $US1.7 billion in convertible notes for its ride-sharing rival.
  10. Chinese tech giant Alibaba bought Israeli AR startup InfinityAR. Alibaba has previously been an investor in InfinityAR.

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