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Tech News Today for July 18, 2016

Tech News for July 18, 2016

Japanese company Softbank has purchased chip design firm ARM holdings for 32 billion dollars. Shares of ARM were up, while shares of Sprint, which is owned by SoftBank, are down due to the massive amount of cash the company is laying out for ARM. The Financial Times reports that Softbank founder Masayoshi Son isn't worried and is calmly planning for a world where mobile phone sales have stalled. He's gazing off into the distance of internet of things as well as the singularity where machine intelligence becomes smarter than human intelligence. Read more at ft.com.

Drug company GlaxoSmithKline announced a partnership with Apple to use ResearchKit to facilitate a study on rheumatoid arthritis. This marks the first big company to use Apple's app announced last March. Universities and independent researchers are already using ResearchKit with patients who have asthma, diabetes, breast cancer, autism, epilepsy and other conditions. This is an important test to see if drug companies can get worthwhile data. Read more at bloomberg.com.

Microsoft announced the 2 Terrabyte, slimmer, sleeker Xbox One S today. You can pre-order now, for an August 2 delivery. You can also pre-rder a 500 gigabyte version for $299 and 1 Terrabyte version for $349, but Microsoft has not released a date for those versions yet. Read more at time.com.

Jason Howell is out today, but Megan Morrone will be joined by Georgia Dow of iMore.com. They'll be talking with Alex Wilhelm of Mattermark about the sale of Yahoo. Tech News Today streams live every weekday at 4PM Pacific, 7PM Eastern at twit.tv/live. You can subscribe to the show and download it later at twit.tv/tnt.

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