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Tech News Roundup 05/02/18

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Here is today’s tech news roundup for May 2nd, 2018

Cambridge Analytica Closing Operations Following Facebook Data Controversy

Cambridge Analytica, a data firm that worked for President Donald Trump’s 2016 campaign, is shutting down following disclosures about its use of Facebook data and the campaign tactics it pitched to clients.

Elon Musk offers more detail about Tesla’s ridesharing network

On Tesla’s Q1 2018 earnings call today, Tesla CEO Elon Musk shed some light on the company’s ambitions to launch an autonomous vehicle ridesharing network. The short answer is that, from a technical standpoint, Tesla will be ready by the end of next year, Musk said.

Spotify Technology S.A. Announces Financial Results for First Quarter 2018

Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the first fiscal quarter of 2018 ending March 31, 2018. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180502006667/en/ (Graphic: Business Wire) Dear Shareholders, Today Spotify is reporting results for the first fiscal quarter of 2018 ending March 31, 2018.

More than an accessory – Apple Watch credited with saving teen’s life

Before you write off the Apple Watch as just another luxury accessory from the iEmpire that you don’t need, you may want to keep in mind that this is one accessory that has life-saving capabilities. A teenager from Tampa Bay, Florida saw this firsthand after undergoing a frightening medical emergency.

Tech giants hit by NSA spying slam encryption backdoors

A coalition of Silicon Valley tech giants has doubled down on its criticism of encryption backdoors following a proposal that would give law enforcement access to locked and encrypted devices. The group, which focuses on efforts to reform government surveillance, said in a statement that it continues to advocate for strong encryption, and decried attempts to undermine the technology.

MoviePass Revives Its Unlimited Plan

Some good news for once: After a two-week hiatus, the MoviePass unlimited subscription -the one that lets you see a movie a day, every day, in theaters, for $10 a month-is back. And MoviePass CEO Mitch Lowe says the company is “absolutely committed” to keeping it around. That wasn’t always a given.

LG’s G7 ThinQ preserves the headphone jack and introduces a notch

After months of leaks, LG’s new G7 ThinQ phone is officially here. The company debuted the device at an event today in New York City, and the rumors are true. Yes, the phone features a dedicated button for the Google Assistant. Yes, there’s a notch, and yes, it has that ThinQ branding with AI camera features.

Hulu passes 20 million subscribers, will finally offer offline viewing

Hulu now has over 20 million U.S. subscribers – that’s up from the 17 million-plus it claimed in January. The news of its subscriber growth is being delivered alongside a series of pitches to advertisers at the company’s Upfronts presentation in New York this morning, where it’s also touting its upcoming original series and detailing its new ad products.

Facebook is using your Instagram photos to train its image recognition AI

In the race to continue building more sophisticated AI deep learning models, Facebook has a secret weapon, billions of images on Instagram . In research that the company is presenting today at F8, Facebook details how it took what amounted to billions of public Instagram photos that had been annotated by users with hashtags and has used that data to train their own image recognition models.

New court ruling could force Uber, Lyft to convert drivers to employees

The California Supreme Court has ruled that it will now be harder for employers to formally classify their workers as independent contractors rather than employees. The court’s Monday opinion in Dynamex v. Superior Court of Los Angeles County could have a profound impact on many tech companies like Uber, Lyft, Instacart, and others that provide on-demand services.

The iPhone X continues to be Apple’s top-selling smartphone

The iPhone X continues to be Apple’s top-selling smartphone according to the company’s latest quarterly financial results. In its second-quarter 2018 results, Apple reported revenue from its phone business was up by 14%, even with just a 3% increase in unit sales.

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