Warner Bros.
Niantic is expected to make a "Harry Potter" game after its fundraise.
Good morning! This is the tech news you need to know this Friday.
- $4. Its valuation, once above $1 trillion, slipped to around $680 billion on Thursday.
- $4. Analysts worried that China's economic slowdown had impacted Apple so severely.
- $4. Figures show that Apple is hugely reliant on the revenue it earns from its unpopular 30% levy on app subscriptions, one-off payments, and in-app content purchases - but Netflix's latest move puts that revenue stream at risk.
- $4. Hasan Minhaj said that the removal of the episode made it go viral, and that more people saw it as a result.
- $4. The decision to cease the sale of his options amid the stock's recent decline is likely Zuckerberg protecting his majority stake in the company.
- $4. Herbst-Brady is the latest in a string of executives to leave Snap in recent months.
- $4. Andrew Cuomo was discussing an idea to improve the signal system used by NYC's subway, which he said would take seven to ten years to install.
- $4. Niantic is expected to launch a "Harry Potter" game some time in 2019.
- Enigmatic life science company Verily has raised a mega funding round of $1 billion led by technology investment firm Silver Lake. >$4Formerly called Google Life Sciences, Verily aims to develop tools that help collect and organize health data.
- $4. Ahuja joins from Blizzard Entertainment.
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