Good morning! Here is the tech news you need to know this Monday.
1. Buzzy augmented reality startup Magic Leap accused an employee of stealing $US1 million (£726,000) over several months, after allegedly colluding with an external recruitment agency. Magic Leap has raised $US1.9 billion (£1.4 billion) since 2011 but has yet to release its promised augmented reality glasses.
2. A former recruiter for YouTube is suing Google, claiming the company stopped hiring white and Asian men in order to boost diversity. Arne Wilberg said he was fired in November for complaining about Google’s practices.
3. Rovio, the Finnish gaming firm behind ‘Rovio’ is closing its London studio after less than a year and axing the 7 staff who work there. The firm reported worse than expected results for the fourth quarter of 2017.
4. A Columbia University researcher has discovered that millions of users may have been following Instagram accounts connected to a Russian troll factory, the Internet Research Agency. Facebook has said it doesn’t know how many people followed Russian trolls on Instagram, but Jonathan Allbright found 27 accounts had almost 2.2 million followers.
5. Reliable Apple analyst Ming-Chi Kuo has predicted that Apple will offer a more affordable 13-inch MacBook Air this year. Kuo expects there’ll be a new MacBook Air with a “lower price tag” some time in 2018.
6. Google-owned Nest will stop selling its smart home devices on Amazon, after Amazon reportedly refused to sell the firm’s updated products. The change will heighten the fierce competition between Google and Amazon, which just acquired smart doorbell speaker Ring that competes directly with Nest.
7. Analysts expect Samsung to cut its investment in OLED technology by as much as half, according to the Financial Times. Samsung expected high demand for OLED screens after the iPhone X, but weak sales of the phone have left the firm with too much product.
8. Uber described an MIT study which suggested drivers earn less than $US4 (£3) as flawed. MIT will revisit the study after CEO Dara Khosrowshahi described the university as “Mathematically Incompetent Theories.”
9. Cryptocurrency exchanges Circle, Kraken, and Coinbase plan to hire around 1,000 staff collectively as demand for currencies booms. Most of the staff will work on preventing the outages that were wide-spread in 2017.
10. YouTube said it has no plans to ban Alex Jones, a conspiracy theorist who runs YouTube channel InfoWars. Jones has claimed the channel is on the verge of being deleted after making false claims about the survivors of the Parkland shooting, but YouTube said it has no plans to terminate the outlet.
Business Insider Emails & Alerts
Site highlights each day to your inbox.