10 Things In Tech You Need To Know Today
Sep 19, 2014, 15:58 IST
Advertisement
- Oracle founder Larry Ellison is no longer the CEO of the company. He's now the CTO, and executive chairman. Mark Hurd and Safra Catz, previously co-presidents, will now be co-CEOs. It sounds like not much will be changed in terms of how the company operates.
- Alibaba priced its IPO at $68 per share, making it the biggest IPO in history. It's raising $21.8 billion at a $167.8 billion valuation. The stock starts trading this morning.
- Speaking of Alibaba, here's a look at some of the weird stuff you can buy on Alibaba.
- Elon Musk and his cousin Lyndon Rive gave an interview to Christopher Mims at the Wall Street Journal.
- The iPhone 6 is on sale today, and the lines are nuts.
- This is the new Beatlemania - thousands of teenage girls are going crazy about YouTube stars. We went to a convention of YouTube stars to see it firsthand.
- Microsoft cut 2,100 employees, and shut down its Silicon Valley research group.
- Snapchat hired former Nike marketing executive Eric Toda to be an account executive.
- Silicon Valley's new breed of startups face a looming risk. Companies that use freelancers, or contract workers are in trouble if regulators ever force those companies to make those employees full-timers.
- SAP bought Concur Technologies in an $8.3 billion deal. Concur does travel expense management for the enterprise.