Good morning! This is the tech news you need to know this Tuesday.
1. Toyota is investing $500 million in Uber at a $72 billion valuation as part of a self-driving-car partnership. Uber’s tech will be integrated into custom-built Toyota vehicles set to be used for a network of self-driving cars, with the first pilots scheduled for 2021.
2. Some Apple insiders are referring to 2018 as an iPhone “S” year, referring to Apple’s old system of introducing a new phone design one year and then speed upgrades – the S year – the next. According to Bloomberg, Apple could launch three new iPhones this year, all sporting a screen that covers the entire front of the device.
3. Marketers are poring over legal documents to make sure they don’t screw up using data on Facebook. Facebook is shutting down its Partner Categories ad program and replacing it with Custom Audiences, which will still allow third parties to work with brands in building audiences – but puts the data-protection onus on marketers.
4. Tesla CEO Elon Musk started having second thoughts about taking his company private when advisers began lining up big-name investors, like rival car firms. According to The Wall Street Journal, Musk also regretted losing the small-fry shareholders who had been his biggest champions.
5. Facebook barred Myanmar’s top army official for “serious human rights abuses” as it tries to atone for its role in spreading misinformation in the country. Senior Gen. Min Aung Hlaing is among the 20 Myanmarese and organizations now barred from Facebook.
6. Officials identified the gamers Elijah Clayton and Taylor Robertson as the two people who died in the shooting at a “Madden” tournament in Jacksonville, Florida. The gaming community rallied on social media to pay tribute to the victims.
7. Tinder’s cofounder Sean Rad said he had “no choice” but to sell his stock in the dating-app maker a month before he left the company. According to The Verge, Rad was fired from Tinder’s parent firm and would have lost the chance to exercise his options within 30 days.
8. Microsoft introduced an ambitious subscription plan that makes the Xbox the best deal in gaming. The Xbox All Access plan starts at $22 a month for US players, giving subscribers an Xbox One console, two years of Xbox Live Gold service, and two years of Xbox Game Pass.
9. Y Combinator’s ambitious basic-income experiment has been delayed. In 2016, Y Combinator, the largest startup accelerator in Silicon Valley, said it would provide participants with money for five years after an initial pilot, but the pilot is taking a lot longer than anticipated.
10. Oculus founder Palmer Luckey reviewed the Magic Leap One, a buzzy new mixed-reality device, and was absolutely brutal. Luckey described the device as “a tragedy in the classical sense … less of a functional developer kit and more of a flashy hype vehicle that almost nobody can actually use in a meaningful way.”
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