Good morning! Here’s the technology news you need to know this Thursday.
1. After six years and $1.9 billion (£1.4 billion) in funding, secretive startup Magic Leap unveiled its smart glasses for first time. The company said the hardware will ship in 2018, but didn’t release a price.
2. Apple admitted it’s slowing down older iPhones – but said it has a good reason for doing it. It said it isn’t purposely slowing down older iPhones to encourage customers to buy new models, debunking a popular conspiracy theory.
3. Facebook lets employers target job ads by age – and some experts think it’s aiding discrimination. Facebook defended the practice, saying it helps both recruiters and job seekers by ensuring that ads target the people most likely to act on them.
4. “Pokémon Go” on the iPhone is getting a big update, thanks to some new technology from Apple. The new version will incorporate Apple’s ARkit augmented reality technology to make it more realistic.
5. AT&T is handing out more than $200 million (£149 million) in special bonuses because of the GOP tax cut. AT&T said it will pay a $1,000 (£748) bonus to more than 200,000 US employees after the Republican tax bill is enacted.
6. Apple will reportedly merge iPhone, iPad, and Mac apps as early as next year. Developers could make one app that works across iPhones, iPads, and Macs.
7. UBS said that bitcoin “has all the hallmarks of a bubble.” However, the bank did suggest clients invest in blockchain, which is the technology that was developed to underpin the bitcoin network.
8. Chinese ride-hailing company Didi Chuxing said it has raised $4 billion (£2.9 billion) in new funding. It’s believed that existing investor SoftBank participated in this new round of funding.
9. Leaked emails show Twitter had an internal freakout over Milo Yiannopoulos. Twitter’s de-verification of the far-right provocateur triggered an internal debate about whether he should be on the platform at all, and how users should be verified.
10. A fourth class-action lawsuit against Google claims the company rips off publishers and their advertisers. Damages could run into tens or hundreds of millions of pounds if the suits succeed.