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Good morning. Here’s the news. After, come back to SAI for live news and analysis all day.
- There are between 25 and 40 startups worth $1 billion in Silicon Valley.
- Facebook is building an app that will track the location of users and share it with their friends.
- Star Wars fans are already making posters for Episode VII and they look great.
- Wired.com editor-in-chief Evan Hansen is out.
- Microsoft and Huawei unveiled a cheap new smartphone for the Africa market.
- Baidu, China’s biggest search engine, had it worst profit growth since 2009 as users switch to mobile.
- A pair of Makerbot users developed a robotic arm for a child in South Africa.
- The CEO of Viddy is out. Viddy was supposed to be an Instagram for video.
- Here’s a very strong hint that Apple is going to build radio listening into iTunes.
- Twitter bought a company that can measure how much its users are talking about TV shows and brands.