10 Things You Need To Know This Morning In Tech
Aug 1, 2013, 16:54 IST
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News:
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The valuation expert who said Facebook was a buy at $18 now says it's a sell at $38.
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Hulu's subscription service will work on Google's dongle for TVs, Chromecast.
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E-commerce site Fab says it raised another $10 million, this time from Asian investors. That brings Fab's total amount raised to $320 million.
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Sony says smartphone sales helped it reach profitability last quarter. Barely. Sony was just $35 million in the black.
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Analysts are telling HTC it needs to merge with a larger Chinese company.
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The competition is heating up in China. "Chinese e-commerce giant Alibaba has confirmed that it has suspended all WeChat marketing applications from its shopping sites Taobao marketplace and Tmall.com"