Good morning! Here is the tech news you need to know this Wednesday.
1. Uber plans to float on the stock market by 2019. The company’s board has agreed to move forward with a multi-billion deal that would give Japan’s Softbank as much as a 17% stake in Uber.
2. Uber said it had a “constructive” meeting with London regulators Transport for London about its operating licence. New chief executive Dara Khosrowshahi flew from Uber’s headquarters in San Francisco to London to meet with Mike Brown, the commissioner for TfL.
3. Amazon is about to be fined millions of euros in back taxes by the EU. The European Commission is preparing to bill the company for back taxes in Luxembourg, where Amazon has set up a complex structure to pay minimal tax on its European operations, The Financial Times first reported.
4. Yahoo’s infamous hack — already one of the worst in history — is even worse than previously thought. All 3 billion user accounts it had in 2013 were affected by the security breach, the company, which Verizon acquired in June, said on Tuesday. Yahoo had previously estimated the hack affected 1 billion accounts.
5. WhatsApp is rolling out its own set of emoji. They look somewhat similar to the iOS emoji — which the messaging app has so far adopted, even on Android phones — but have a slightly flatter look that is reminiscent of LG’s proprietary set.
7. Disney looked at acquiring Twitter last year but decided to buy video streaming firm BAMTech instead. CEO Bob Iger made the confession onstage at Vanity Fair’s New Establishment conference.
8. Amazon bought a startup that makes 3D scans of your body, TechCrunch reports. The company is called Body Labs.
9. Silicon Valley’s LSD habit is exploding. A 27-year old is offering how-to tutorials over Skype.
10. Microsoft announced the acquisition of AltspaceVR. It’s a Californian startup behind a virtual reality social networking service of the same name.
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