Good afternoon, here’s the tech news you need to know this Tuesday.
1. Microsoft is planning to buy LinkedIn for $26.2 billion. Microsoft will pay $196 per share for the company.
2. Apple announced big updates to all four of its platforms at its Worldwide Developers Conference (WWDC). Updates include Apple Pay and Siri for desktop Macs, as well as a revamp to Apple Music.
3. Facebook accidentally announced that the Philippines is at war. It did so by displaying the wrong flag to mark the country’s Independence Day.
4. The price of bitcoin skyrocketed past $700. In the space of a month, bitcoin’s value has jumped by more than 30% — from around $450 in mid-May to the $700 mark it is hovering around today.
5. Apple is rolling out new iMessage features to its upcoming mobile operating system, iOS 10. Features include “Emojify,” “invisible ink,” and “bubble effects.”
6. Startups Storehouse and ThinkUp have announced that they’re shutting down. They made their quiet announcements as the world focused on Microsoft buying LinkedIn and Apple’s developer conference.
7. Daily fantasy sports companies DraftKings and FanDuel are discussing a possible merger, Bloomberg reports. The two companies were both valued at over $1 billion in 2015.
8. Tennis star Andy Murray has backed three new tech startups. The world no. 2 invested in them via the Seedrs crowdfunding platform.
9. Analysts are predicting who might buy Twitter following the sale of LinkedIn to Microsoft. Contenders include Google, Comcast, and News Corp.
10. China’s Uber rival Didi received a $600 million (£423 million) investment from China Life Insurance. Apple announced a $1 billion investment into Didi last month.
Source: http://www.businessinsider.com/10-things-in-tech-you-need-to-know-today-june-14-2016-6