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Friday, September 19, 2014

10 Things In Tech You Need To Know Today, September 19

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10 Things You Need To Know SAI
 

September 19, 2014

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Good morning! Are you in line for an iPhone 6? Let's look at the news:

  1. 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.
  2. 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.
  3. Speaking of Alibaba, here's a look at some of the weird stuff you can buy on Alibaba.
  4. Elon Musk and his cousin Lyndon Rive gave an interview to Christopher Mims at the Wall Street Journal. 
  5. The iPhone 6 is on sale today, and the lines are nuts.
  6. 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.
  7. Microsoft cut 2,100 employees, and shut down its Silicon Valley research group.
  8. Snapchat hired former Nike marketing executive Eric Toda to be an account executive.
  9. 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.
  10. SAP bought Concur Technologies in an $8.3 billion deal. Concur does travel expense management for the enterprise.
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