10 Things In Tech You Need To Know This Morning
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Good morning! Let's dig into the news:1. PayPal President David Marcus is joining Facebook to work on its mobile messaging products.
2. Time Warner is close to making an investment in Vice, which could value Vice at $2 billion.
4. Facebook is trying to kill Snapchat, again, with a new photo sharing app called Slingshot. Oddly, Slingshot was in the App Store, then it was pulled. Looks like it was launched too soon.
5. The LA Tech scene is really booming: Oculus VR sold to Facebook for $2 billion, Disney bought Maker Studios for $500 million, Apple bought Beats for $3.2 billion, and Nasty Gal, Whisper, Tinder, and Snapchat are gaining steam.
6. Sony is trying to do an Apple TV-like gadget called the PlayStation TV.
7. Web hosting company GoDaddy has filed for an IPO.