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| December 22, 2015 |
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Good morning! Here's the technology news you need to know this Tuesday. 1. SpaceX, founded by billionaire Elon Musk, has made history by sending the first orbital rocket into space and landing it back on earth. This monumental moment marks a critical milestone that SpaceX has been working toward for years and could pave the way for a new era of spaceflight that runs on reusable rockets. 2. Apple has attacked the UK's proposed new surveillance law saying the measures risk paralysing the technology sector and sparking "serious international conflicts." There are fears from US tech giants that the British proposals will set a dangerous precedent, as other countries seek to bolster their spying operations for the digital era. 3. Digital news site Mashable is reportedly seeking a buyer and will be valued at as much as $300 to $350 million (£202 to £235 million.) The potential buyer is rumoured to be Time Warner Investments, which led Mashable's $17 million round (£11 million) of funding in January, when the company was valued at $180 million (£120 million.) 4. Foursquare is reportedly raising a down round. The company previously raised a down round in 2013, at a reported $650 million valuation. 5. SoundCloud has signed a licensing agreement with PRS for Music, the music rightsholder that launched legal action against SoundCloud in August. PRS manages the music rights for more than 111,000 artists in the UK. SPONSORED BY Bitdefender BOX 6. Facebook is adding Apple's Live Photos feature to its iPhone and iPad app. With Live Photos, every still shot is accompanied by a three-second video, with sound. 7. Alphabet, the parent company behind Google, is losing $1.5 billion (£1 billion) per year on its "other bets," according to research firm Pacific Crest. The umbrella company has businesses in a diverse range of fields beyond Google, including investment (Google Ventures), home automation hardware (Nest), self-driving cars, and "moonshot" ideas (Google X.) 8. Gusto, the company formerly known as ZenPayroll, is the newest member of the "unicorn" club. The startup has raised a $50 million round at a $1 billion valuation. 9. Google and Ford are forming a partnership to build self-driving cars, according to a report by Yahoo Autos. The move pairs one of the world's top automakers with one of the pioneering companies developing robo-car technology. 10. 3.3 million Hello Kitty fans' details have been exposed in a huge database leak. CSO Online is reporting that a database for a website owned by Sanrio — the company behind the wildly popular Hello Kitty character — is available online. |
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