10 things in tech you need to know today
Good morning! This is the tech news you need to know this Tuesday.
- Multiple YouTube viewers tracking the devastating fire at the Notre-Dame Cathedral in Paris reported that live streams and news videos were displaying an information panel related to the September 11 terror attacks in the US. The information panels were automatically triggered as the fire at Notre-Dame Cathedral captured global attention.
- A New York Times investigation into how Google furnishes law enforcement with phone data exposed one crucial detail - having an iPhone doesn't stop Google handing over your data. The in-depth investigation by the Times revealed many details about how Google uses its in-house database - called Sensorvault - to cooperate with law enforcement.
- Snap has burnt through an average of $68 million a month since going public in 2017 and could, in theory, run out of cash in three years unless it turns a profit. It follows a difficult period for the company, including a wildly unpopular Snapchat redesign, a delayed update for Android users, and competitors like Facebook cloning features including Stories.
- YouTube once considered changing its business model, paying video "creators" based on viewer engagement, rather than on the ad revenue that their videos generate. According to documents seen by Business Insider, YouTube was planning to introduce three new pillars to its payments model for creators: "attract, engage, and retain."
- The EU has officially approved controversial and sweeping copyright rules by voting for the new Direction of Copyright for the Digital Single Market. That includes two controversial provisions that force sites to pay publishers for links and make social media sites liable for copyright-infringing user content.
- The iPhone will go into mass production in India this year, as its primary manufacturing partner Foxconn expands its operations in the country. Bloomberg reports that labour costs will be lower for Foxconn in India.
- Samsung is just days away from releasing its first foldable smartphone, the Galaxy Fold, which will start at $1,980 when it hits stores on April 26. A few days of use shows the device makes much more sense while used as a tablet, rather than a folded up phone, but that it's also much thicker than people will be used to.
- Microsoft is reportedly developing its own wireless earbuds to compete with Apple's AirPods. Little is known about Microsoft's rumored wireless earbuds so far, but they could have similar functions as the company's larger Surface Headphones that were released last year.
- Employees at Pinterest, which is set to have an initial public offering this week, each have an average of $700,000 in company stock, according to a report released by advertising company GroupM on Monday. The average equity held by Pinterest employees is less than was the case with Snap employees when it went public in 2017, GroupM says, but still represents a significant risk of employee turnover after the IPO.
- Citi Bike, which is owned by Lyft, has removed its electric pedal-assisted bikes from circulation following reports of overly powerful brakes. The company said it would remove the bikes out of an abundance of caution.
Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings. You can also subscribe to this newsletter here - just tick "10 Things in Tech You Need to Know."
- Google files writ petition in Delhi HC against CCI over 'leak' of confidential report
- Girish Mathrubootham, the son of a retired bank officer who built a $13 billion company in just 10 years
- Online festive sales to clock a GMV of $4.8 Billion in 2021, with a 30% growth YOY: RedSeer
- Multibagger stock JBM Auto spikes 17% in one trading session on large order for electric bus
- The success story of India’s first SaaS company to be listed in Nasdaq