10 things in tech you need to know today
Good morning! This is the tech news you need to know this Friday.
- Netflix's stock fell after a slight Q4 revenue miss and solid subscriber-growth numbers. The results came just days after Netflix unleashed its biggest price hike ever, which increased its most popular plan from $11 per month to $13 per month.
- Facebook is restructuring its augmented reality glasses division as it inches closer to launch. Facebook is moving hundreds of employees to a new product-focused augmented reality group as it continues to quietly develop AR glasses.
- Apple CEO Tim Cook blasted the invisible "shadow economy" that profits off people's information in a Time op-ed. Cook set his sights on data brokers, saying that they need to be reined in.
- Ad data broker giant Acxiom came out in favor of Apple CEO Tim Cook's quest to bring GDPR-like regulation to the United States. The company said that it is "actively participating in discussions with US lawmakers" around the issue.
- Amazon investors are cranking up the pressure on Jeff Bezos to stop selling facial recognition tech to government agencies. Amazon shareholders with shares worth $1.32 billion have filed a resolution, which could be voted on at the firm's annual investor meeting.
- Instagram influencers are so overwhelmed by hackers, they're hiring hackers of their own to get their accounts back. Hacked influencers told VICE's Motherboard that Instagram has been slow to give them back their accounts, even after creators followed necessary steps for account recovery.
- Nearly 773 million email accounts were exposed in a massive data breach known as Collection #1. It appears the data didn't come from a single source, site, or company but is an aggregation that includes cracked passwords.
- Twitter CEO Jack Dorsey gave an interview to the Huffington Post, and was asked what Twitter would do if US President Donald Trump ordered his followers to murder a journalist. Dorsey said, "we'd certainly talk about it" but he didn't want to discuss "particulars."
- Microsoft announced it will spend $500 million on building affordable housing in Seattle. In cities like Seattle and San Francisco, the arrival of tech giants has been linked with skyrocketing house prices.
- Gaming startups Unity and Improbable have ended their feud peacefully after a very public battle that involved the creator of "Fortnite." Unity updated its terms of services on Wednesday to put in writing that Improbable, and any other developer, can continue using the Unity platform without restriction.
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