10 things in tech you need to know today

Dara Khosrowshahi, Uber CEO

Good morning! Here is the tech news you need to know this Thursday.

1. A 20-year-old Florida man was responsible for the large data breach at Uber last year, according to Reuters. He was paid by Uber to destroy the data through a so-called "bug bounty" program normally used to identify small code vulnerabilities, three people familiar with the events reportedly told Reuters.

2. Amazon may be getting ready to go on a digital media buying spree. It is looking to hire a Corporate Development Senior Manager to oversee potential digital acquisitions.

3. The contents of a digital wallet belonging to cryptocurrency company NiceHash, which included potentially millions of dollars worth of customers' bitcoin, was stolen in a major security breach. The hack affected NiceHash's payment system, and the entire contents of the company's bitcoin wallet was stolen, the company said in a Facebook post Wednesday afternoon.

4. A California state judge has dismissed class action claims accusing Alphabet's Google of paying female employees less than men and giving them fewer opportunities for promotions. The decision comes as Google faces an investigation by the U.S. Department of Labor into sex bias in its pay practices.

5. Bitcoin is having a devastating impact on the planet. Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day.

6. Soon-to-retire HPE CEO Meg Whitman's got a new gig — helping bring Major League Soccer to Sacramento, which is one of four cities from across the US competing for two expansion franchises. Whitman and her husband Griffith Harsh joined a bid to bring Major League Soccer to Sacramento, California.

7. The UK government has pledged to give artificial intelligence (AI) and machine learning (ML) startups access to computing resources and expertise through a new "Machine Intelligence Garage." It will be run by the Digital Catapult organisation in London.

8. Hip office provider WeWork has signed leases that will make it London's biggest private user of office space, according to data compiled by CoStar Group for Bloomberg. It currently operates 17 offices in London and is set to announce a further 10, according to CoStar's data.

9. Mobile money transfer service WorldRemit has raised $40 million (£29.7 million). The money came from LeapFrog Investments and existing investors Accel Partners and Technology Crossover Ventures.

10. Oracle is trying once again to get the courts to tell Google to hand over a lot of money for Android. In May 2016, a jury ruled in favor of Google, saying Google's use of bits of Oracle code in Android constituted "fair use." Oracle appealed the verdict, however, and the first appeal hearing is scheduled to kick off Thursday.

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Contributer : Tech Insider http://ift.tt/2j1MYpt
10 things in tech you need to know today 10 things in tech you need to know today Reviewed by mimisabreena on Thursday, December 07, 2017 Rating: 5

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