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10 things in tech you need to know today

Aug 3, 2016, 12:11 IST

Marissa Mayer (L) and Adam Lashinsky speak on a panel during the Fortune Global Forum - Day2 at the Fairmont Hotel on November 3, 2015 in San Francisco, California.Kimberly White/Getty Images for Fortune

Good morning! Here's the tech news you need to know midweek.

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1. Instagram has cloned a key feature of Snapchat's. It has introduced "Stories," which work just like the Snapchat feature with the same name.

2. Salesforce CEO Marc Benioff claims Oracle is "scrambling for growth." Oracle recently spent $9.3 billion (£7 billion) to acquire NetSuite.

3. A bitcoin exchange has been hacked and more than $60 million (£45 million) of the digital currency has been stolen. The price of bitcoin has dropped in response to the news.

4. Microsoft's cloud business is bigger than most people realise. It has earned more than $9.5 billion (£7.1 billion) in revenue.

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5. Google's parent company has got the go-ahead to start testing drones in the US. Project Wing can conduct research at six FAA UAS Test Sites.

6. Samsung has announced its new flagship smartphone, the Galaxy Note 7. It's a phablet device with a stylus and 5.7-inch screen.

7. CNN's president has ripped BuzzFeed and Vice in a new interview. "We crush both of them," Jeff Zucker said. "They're not even in our same class."

8. Intel really wants to move away from the dying PC business. The market for PCs is shrinking, and Intel is trying to focus on data centres and connected devices instead.

9. A hacker is selling what they allege are 200 million user accounts from Yahoo, Motherboard reports. The company is apparently "aware" of the claims, and investigating.

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10. Facebook is testing video ads during broadcasts on its Facebook Live livestreaming service. TechCrunch reports the adverts will appear in breaks mid-stream.

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