10 things in tech you need to know today
Good morning! This is the tech news you need to know this Monday.
- The FBI and ICE have been scanning US drivers' licenses without consent to build facial recognition software, the Washington Post reports. The Post reviewed documents going back five years which showed the agencies used heaps of the Department of Motor Vehicles' databases to build an infrastructure for facial recognition.
- Amazon's investment in UK food delivery unicorn Deliveroo hit a major snag as it was put on hold by the British antitrust authority. The Competition and Markets Authority said it had reasonable grounds for suspecting that Amazon and Deliveroo "have ceased to be distinct" and is considering a formal antitrust investigation.
- After reportedly laying off 20% of its staff amid dwindling downloads, HQ Trivia is about to try a subscription-based model. Downloads of the HQ Trivia app were down 92% in June when compared with last year, according to the data-analysis firm Sensor Tower.
- Instagram boss Adam Mosseri tweeted that he's taking some time off this month to "recharge" with his family. Mosseri asked Twitter for "suggestions of people in the real world to spend time with once I'm back on the grid."
- A "Fortnite" crossover with "Stranger Things" lets people play as Chief Hopper and the Demogorgon. Portals from the Netflix series "Stranger Things" appeared in "Fortnite" one day before the July 4th premiere of the show's third season.
- Dynatrace, a Cisco and Broadcom rival, is going public in an IPO that could raise as much as $300 million. Dynatrace helps businesses monitor the performance of software applications.
- Analysts told Business Insider YouTube may lack a business incentive to protect vulnerable creators. One analyst told BI YouTube would likely take sweeping action only in a situation like 2017's Adpocalypse, when advertisers pulled their ads from the platform en masse and cost the platform an estimated $750 million.
- WeWork's $3 billion Sequoia-backed Chinese rival is reportedly eyeing a 2020 IPO in the US. Ucommune was founded in 2015 with backing from Sequoia Capital China.
- 7-Eleven Japan shut down a mobile payments app after only two days because hackers exploited a simple security flaw and customers lost over $500,000. On July 1, 7-Eleven Japan launched a mobile payment app, called 7pay, that had the security flaw of allowing anyone to reset any other user's password.
- Amazon is reportedly making over $100 million from one of its open source businesses - but the CEO behind the original software says Amazon isn't slowing down its business. The Information reported that Amazon Web Services generated $100 million in revenue last year from the top 100 customers of Amazon Elasticsearch Service, a paid service based on the popular Elasticsearch open source search engine project.
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