10 things in tech you need to know today (NFLX, AMZN)
Good morning! Here is the tech news you need to know this Tuesday.
1. The UK government is to force porn sites to introduce age verification, or else be banned. People will have to register their card details to prove their age, in a measure designed to protect children from seeing graphic content.
2. Investor and startup platform AngelList has suspended an employee, Lee Jacobs, as it investigates allegations of assault. According to TechCrunch, Jacob allegedly assaulted a woman at an event in 2013.
3. A security flaw in MySpace meant that someone could hack into an account knowing just the user's real name, user name, and birthdate. It isn't clear if any MySpace accounts were affected by the vulnerability.
4. Google's troubled high-speed broadband business, Google Fiber, is losing its new chief executive just five months after he joined. Gregory McCray was hired to head up Access, the Google division which includes Fiber, and it's not clear why he's left.
5. Uber's global retreat continues after it pulled out of China-controlled Macau. The company said it couldn't "secure" the right business environment, and leaves after less than two years in the market.
6. Amazon registered a trademark application for "prepared food kits", suggesting the firm's about to take on the likes of Blue Apron in meal kits. Blue Apron's stock sank 11% on the news.
7. Essential, the startup headed by Android creator Andy Rubin, is set to bring its new smartphone to the UK. Essential has conducted talks with operators to bring its smartphone, a high-end device just called "Phone", overseas.
8. Netflix crushed its growth targets, adding more than 5 million new subscribers for its second quarter. Revenue and earnings per share were in line with analyst guidance, and the results sent the firm's stock up 8%.
9. Hand-tracking firm Leap Motion has raised $50 million (£38 million) in Series C funding to expand its human-computer interaction technology. The firm will expand into different sectors and open a new office in Shanghai.
10. The entire board of Hampton Creek, a Silicon Valley startup famous for making egg-less mayonnaise, has quit except the CEO, Josh Tetrick. The outgoing board members reportedly left because of conflicts with Tetrick.