Here are today's top stories from Tech News Today for May 17, 2014:
- AT&T plans to buy DirecTV for $48.5 billion. Read more at reuters.com.
- YouTube, which is owned by Google, has made a one-billion dollar deal to buy Twitch, a company that streams video games. Read more at variety.com.
- The Financial Times reported over the weekend that Facebook is working on another app to compete with Snapchat. The app is called Slingshot. Facebook recently killed its first Snapchat like app, called Poke. Read more at ft.com.
- A US grand jury has indicted 5 members of the Chinese military on 31 counts of cyber espionage. They’ll be accused of stealing American trade secrets for the benefit of Chinese companies. It will be the first time ever the US government has publicly accused employees of a foreign government with the crime. The Chinese government has denied charges that it engages in industrial espionage. Read more at nytimes.com.
- We learned Friday that Apple and Google will drop all lawsuits between Apple and Google’s Motorola unit. Today, the Korea Times is reporting that Apple and Samsung have agreed to begin talks to settle their patent disputes out of court as well. Read more at koreatimes.co.kr.
For insight, analysis, and discussion of these topics and more, check out Tech News Today for May 17, 2014.