Good morning, Austin! We have scrolled the internet to bring you the latest in tech news. Here are some top stories:
Apple is getting back into e-books fight against Amazon
Apple is ready to take on Amazon in the digital book market again, years after regulators forced the iPhone maker to back down from an earlier effort, Bloomberg reports.
Apple is working on a redesigned version of its iBooks e-book reading application for iPhones and iPads and has hired an executive from Amazon to help.
The new app, due to be released in coming months, will include a simpler interface that better highlights books currently being read and a redesigned digital book store that looks more like the new App Store launched last year, according to Bloomberg sources.
The revamped app in testing includes a new section called Reading Now and a dedicated tab for audio books, the people said.
Could Netflix raise prices again? Analyst say yes.
With its most successful subscriber growth period ever — from October to the end of the year — Netflix could be emboldened to raise prices sooner rather than later, suggest some Wall Street analysts.
During the most recent three-month period, Netflix added more than 8.3 million new members. That's 2 million more than the Los Gatos, Calif.-based company had expected.
Netflix's exceptional growth during a period in which it increased monthly subscription prices, for the first time in two years, suggests that the Internet TV service could increase prices again, without significant membership losses.
In 2016, as a price hike eventually kicked in for current members — it was announced in 2014 for new members, but grandfathered in for existing members — the service saw some growth slowdown.
Alphabet launches new cybersecurity company out of its X moonshot factory
Alphabet launched a new business unit on Wednesday that will sell cyber security software to Fortune 500 companies, the latest move by the parent of Google to become a big player in corporate computing.
The new unit, dubbed Chronicle, is betting on the premise that machine learning software, a type of artificial intelligence, can sift and analyze massive stores of data to detect cyber threats more quickly and precisely than is possible with traditional methods.
Stephen Gillett, chief executive of Chronicle and a former top official at the cyber firm Symantec Corp, said access to Google’s expertise in automated data analysis would give the company an edge.
Alphabet’s big cash pile and existing customer relationships also make Chronicle a threat to security tools vendors such as Symantec, Palo Alto Networks Inc and Cylance Inc.
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