10 things in tech you need to know today
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- TikTok and Twitter are starting to talk about a possible combination, the WSJ reported. Amid President Donald Trump's threats to ban TikTok, or force it to sell its US operations, Twitter was reported to be in talks with the video-sharing app Saturday night.
- TikTok is planning to sue the Trump administration over its ban as early as Tuesday, according to NPR. President Donald Trump's recent executive order banned US individuals and companies from engaging in "any transaction" with Chinese firm ByteDance, the app's parent company.
- Amazon reportedly wants to take over JCPenney and Sears stores to turn malls into giant fulfilment centers. Amazon is in talks with the biggest mall owner in the US to take over retail space and turn them into giant Amazon fulfillment centers, The Wall Street Journal reported.
- Venture capital fund Sequoia Capital and the fund's global managing partner Doug Leone have been lobbying the Trump administration to find a solution that would keep TikTok alive in the US. Sequoia funds hold just over 10% in the company, a stake worth more than $10 billion, with the investor pushing White House contacts to solve the issue, the WSJ reported.
- Bill Gates called Microsoft's potential TikTok deal a 'poison chalice' and said 'who knows what's going to happen.' In an interview with WIRED, the billionaire Microsoft cofounder Bill Gates talked about the state of US coronavirus testing, vaccines, and Microsoft's potential TikTok deal.
- Chinese tech giant Huawei is running out of processor chips to make smartphones due to US sanctions and will be forced to stop production of its own most advanced chips. Production of Kirin chips designed by Huawei's own engineers will stop September 15 because they are made by contractors that need US manufacturing technology, the AP reported.
- Europe's tech unicorns are following Silicon Valley's lead on flexible working post-pandemic: in with long-term remote working, out with high-density open plan offices. Revolut, the $5.5 billion London banking challenger, says 70% of its employees don't want to return to working how they were pre-pandemic.
- A 17-year-old high school student developed an app that records your interaction with police when you're pulled over and immediately shares it to Instagram and Facebook. Aaditya Agrawal told Business Insider that he was compelled to create the app in part after a close friend of his, who is Black, was pulled over without cause.
- iPhone shipments could decline up to 30% if Apple is forced to remove WeChat from its worldwide app store. In a worst-case scenario, Apple's annual iPhone shipments could decline by 25–30% if it is forced to remove WeChat from its App Stores around the world, according to a new research note from analyst Ming-Chi Kuo viewed by MacRumors.
- More than 70% of US startup workers would move abroad if they could do their job remotely, according to new research. Within five years, 43% of jobs could be based outside of the US state they are currently in, according to a survey from Remote and Sapio Research.
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- Infosys had a great year but CEO Salil Parekh expects the next one to be more than twice as good
- Infosys will buy back shares at ₹1,750 — more than what some analysts had expected
- Best broadband plans in India in 2021 – JioFiber, Airtel Xstream Fiber and ACT Fibernet
- IPL 2021: Royal Challengers Bangalore have beaten Sunrisers Hyderabad 7 out of 18 times they played each other
- Publicis Groupe consolidates Data Science, Programmatic and Media Tech with Zenith and Starcom, under a common leadership