mark zuckerberg facebook ceo

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

1. Facebook CEO Mark Zuckerberg advocated exploring a system in which all people receive a standard salary just for being alive. The system, known as universal basic income, is one of the trendiest economic theories of the past few years.

2. Pokémon’s new game for iPhone and Android is out. It’s centered entirely around what is widely considered its weakest, most useless creature: Magikarp.

3. Google DeepMind defeated the best Go player in the world with its AlphaGo AI. The company won the first two games in a three game match.

4. Qualcomm wants manufacturers to pay up during its massive legal fight with Apple. The chipmaker has asked a US court to force iPhone suppliers to keep paying it royalty fees, while it continues its legal battle with the iPhone maker.

5. Jony Ive, the Brit who has risen to become Apple’s chief design officer, has been appointed chancellor of the Royal College of Art (RCA). He will take up the role in July and replace British engineer Sir James Dyson.

6. Bitcoin blew past its record and soared to $2,800 (£2,173) a coin in just a few hours. Then it plunged by almost 10% to $2,230 (£1,730) a coin.

7. There are hundreds of piracy-enabling “Kodi” gadgets for sale on Facebook, even after a ban. The devices are being sold through Facebook’s Marketplace platform.

8. Electric car startup Faraday Future is trying to raise $1 billion (£776 million) as cash runs thin, Bloomberg’s Giles Turner first reported. Faraday Future, once described as a potential “Tesla killer,” has run into financial troubles largely due to its connection with Chinese billionaire Jia Yueting.

9. Microsoft has agreed to acquire cyber security firm Hexadite for $100 million (£77 million). That’s according to a report from Israeli financial news website Calcalist.

10. Facebook is beefing up its sales leadership team as it continues to battle for marketers’ ad budgets against Google and the TV industry. The company has tapped digital veteran Nada Stirratt as its new vice president of global marketing solutions for the US and Canada. In addition, Ty Ahmad-Taylor has been named vice president of product marketing.

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Source: http://www.thisisinsider.com/10-things-in-tech-you-need-to-know-today-may-26-2017-5

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