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August 22, 2014 | | Advertisement
 Good morning! Here's what's happening in tech. - eBay is considering spinning off its popular payments arm, PayPal. The stock soared after the news broke.
- Former Paypal executive Keith Rabois may have a better idea for eBay: rename itself Paypal. "Change the logos, change the paint, change the T-shirts, and you get the same value basically as spinning off PayPal," he says.
- Salesforce reported strong earnings yesterday. Revenue came in at $1.32 billion, a 38% increase from the same quarter last year. During the earnings call, Salesforce CEO Marc Benioff said he is spending $390 million on a three-year-old startup RelateIQ because two of his friends told him to (and because it compliments Salesforce's future plans).
- Here's what self-driving cars could mean for the future of the beloved traffic light, which turned 100 this month. As soon as cars start communicating with each other, which is expected within 30 years, the light could become extinct.
- Walmart is now selling the iPhone 5s for dirt-cheap ($79), and it's nearly giving away the iPhone 5c ($0.97).
- Two new Apple patents show how iPhones could help us find our parked cars with little to no cell reception. The two patents are for "automatic identification of vehicle location" and "vehicle location in weak location signal scenarios."
- A source familiar with Apple's supply-chain process tells Reuters that there's an issue with the iPhone 6's screen production. The phone is expected to be announced in September.
- The creator of Flappy Bird has come out with a new game that's similar, Swing Copters.
- Even Y Combinator co-founder Jessica Livingston, who's married to Paul Graham, can't avoid getting hit on by investors.
- If you haven't already watched this short video of an enormous fish swallowing a shark in one bite, you really should do that now.
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