Samsung
Samsung's newly-announced foldable phone, the Galaxy Z Flip.
Good morning! This is the tech news you need to know this Wednesday.
- $4. The Korean tech giant announced no fewer than five major new devices during the event, including the company's best shot at Apple's AirPods.
- $4. It's looking to find out if the companies bought up potential competitors before the deals were big enough to warrant scrutiny.
- $4. The Wall Street Journal reported that Airbnb lost $322 million, which could worry investors wary of IPOs from money-losing businesses.
- $4. The CIA secretly listened in on communications by spies, diplomats, military officials, calling it "the intelligence coup of the century."
- $4. The Uber and WeWork investor owns nearly 85% of the wireless carrier's shares, which soared after a judge approved Sprint's merger with T-Mobile.
- $4. The majority of Twitter will still be at its Bay Area HQ, but Jack Dorsey said he wants to build a company "not entirely dependent on San Francisco."
- $4. The NASA astronauts flying SpaceX's Crew Dragon spaceship will likely become the first people to fly a commercial spacecraft by the end of June.
- $4. Researchers at the University of Indiana found that robots made more profitable investment decisions than people.
- $4. According to BBC News, MWC's organizer, the GSMA trade body, is privately mulling canceling the event entirely.
- $4. The sign alluded to a recent achievement made by Google's parent company Alphabet, which hit a $1 trillion market cap in January.
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