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1.

Facebook is planning to do a stock buyback during the first quarter of 2


017. The total amount is reported to be $6 billion.
2.
BuzzFeed is raising $200 million from NBCUniversal at the same valuation
it had last year. NBCUniversal now has invested $400 million in BuzzFeed.
3.
Facebook, in its fight against fake news, is planning to add warnings to
stories that have been flagged as fake. The feature is currently in the experim
ental stage.
4.
E-commerce giant Amazon is now going to sell cars online. Amazon Italy a
nd Fiat Chrysler have come together to venture into this segment by adding three
models to the Italian site of Amazon.
5.
Tesla's acquisition of SolarCity has closed. Shareholders voted in favor
of the acquisition with more than 85% of Tesla shares voted in favor.
6.
Apple is ending the production of its AirPort line of routers. The premi
um-priced devices would be one more category in its legacy product lines to be d
iscontinued this year; the other being Apple s external desktop monitors.
7.
Instagram is taking on its competitor Snapchat head-on by adding live vi
deo and disappearing group messages in its latest update.
8.
iPhones have been affected by yet another major glitch. A 3-second .mp4
video, which when played, slows down the phone, eventually freezing it. The only
solution for it seems to be a hard reset. An update to fix the bug is expected
soon.
9.
NASA is using quantum physics to make the internet hack-proof. Quantum I
nternet uses cryptography that is based on the intrinsically random nature of qu
antum mechanics.
10.

q.

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