10 things in tech you need to know today
By Sam Shead From Business Insider
Good morning! Here is the tech news you need to know this Monday.
1. Apple is investigating isolated reports of the iPhone 8 bursting open. The company said it is looking into two reports of the issue but declined to comment further.
2. Former Uber CEO Travis Kalanick appointed 2 new board members in a defiant move the company is calling a “complete surprise.” Xerox chairwoman Ursula Burns and former Merrill Lynch CEO John Thain are the two new members.
3. Uber’s board is reportedly thinking about stripping cofounder Travis Kalanick of his power. The board will take a vote on Tuesday, according to Bloomberg.
4. Tesla is sending hundreds of battery packs to Puerto Rico in the wake of major hurricanes. The company’s Powerwall battery can capture energy generated by solar panels.
5. Switzerland’s financial watchdog, the Swiss Financial Market Supervisory Authority, is concerned that some initial coin offerings are violating the country’s laws against “terrorist financing.” FINMA announced on Friday that it was looking into a number of ICOs for breaching “provisions on combating money laundering and terrorist financing” and other regulations.
6. Mark Zuckerberg apologized for Facebook’s role in dividing people. He made his comments in a Yom Kippur message vowing to “do better.”
7.Shazam, the British technology company known for its music recognition technology, made just £40.3 million ($54 million) in revenues last year, according to The Telegraph. The revenue figure raises questions about its billion-dollar valuation.
8. Microsoft CEO Satya Nadella criticized the closed nature of mobile app stores and said the burgeoning field of artificial intelligence should be an open ecosystem. His comments are a warning shot to Apple, which pioneered a “walled garden” model for iOS and the App Store, shutting out competitors.
9. Nadella also warned that society could regret sacrificing privacy for law enforcement. His company is fighting a long-running battle with the US Department of Justice over accessing customer emails.
10. “Blade Runner 2049” is a “visual feast” according to critics. Here’s what they’re saying about the “mind-blowing” sequel.
For more on this story go to: http://www.businessinsider.com/10-things-in-tech-you-need-to-know-today-october-2-2017-10?utm_source=feedburner&%3Butm_medium=referral&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29