10 Things In Tech You Need To Know This Morning
Apple
Good morning! We looking at possible thunderstorms here in New York today. Hopefully things are good where you are. Let's see what happened over the weekend.1. Ming Chi Kuo, one the most accurate Apple analysts in the world, says Apple is struggling to produce the 5.5-inch iPhone 6, and will therefore likely push back the release until 2015. The 4.7-inch iPhone 6 is still on track for this year, though.
2. Rap Genius raised another $40 million in funding, this time with Dan Gilbert (owner of the Cleveland Cavaliers) leading the round. We have the complete story of the raise and the drama inside the company.
5. Hulu paid $80 million to be able to stream South Park right after it's broadcast, as well as get access to the back catalog. (The death of traditional TV is happening, but it's slower and more expensive than most people expected.)
7. Chinese Internet giant Alibaba now values itself at $130 billion.
8. Samsung suspended business with a Chinese supplier accused of labor violations.