10 things in tech you need to know today, August 3

Apple became the first US
company worth $1 trillion.
AP

Good morning! This is the tech news you need to know this Friday.

1. Apple
officially became the first $1 trillion US
company. Shares of Apple climbed on Thursday to
hit $207.05, making it the first US company to reach a market
value of $1 trillion.

2.
Spotify users are threatening to cancel their subscriptions if
the streaming service doesn’t completely remove podcasts made by
conspiracy theorist Alex Jones. Spotify has
removed certain episodes, citing its policy on ‘hate content.’

3.

Amazon reportedly plans to end its reliance on Oracle — but
Oracle says Amazon bought $60 million of its tech just a year
ago. Amazon, a longtime customer and competitor
of Oracle, plans to stop using Oracle’s technology entirely by
2020, according to CNBC.

4.
Steve Jobs’ daughter wrote a heartbreaking memoir about their
often difficult relationship. Lisa
Brennan-Jobs, daughter of former Apple CEO Steve Jobs, described
how her father denied paternity and childcare payments in a
heartbreaking excerpt from her upcoming book.

5.
Nintendo is just shy of reaching 20 million Switch consoles sold,
but momentum is slowing. Second-year sales are
down for the console, and the game company’s stock is also
taking a hit.

6.
Apple has an interesting idea for how to make its famous MacBook
trackpads invisible. Recent patent filings show
that Apple could theoretically ditch the normal trackpad for
a version that could encompass the entire top section of the
laptop where the keyboard lies.

7.
People are giving an Instagram star’s cookbook 1-star reviews
because it recommends potentially toxic
ingredients. Instagram influencer Johnna
Holmgren published a cookbook of recipes from ingredients foraged
from the forest.

8.
Tesla’s surging stock cost short sellers $1.1 billion in a single
day. Tesla ‘s stock surged as much as 11% on
Thursday following the company’s strong quarterly earnings
report.

9. Elon
Musk backed off Tesla’s goal of making 1 million vehicles by
2020. Tesla ‘s CEO, Elon Musk , and CTO, JB
Straubel, suggested the company may not hit its goal of making 1
million vehicles by 2020 during its second-quarter earnings call
on Wednesday.

10. Snap’s
shareholder meeting was less than three minutes long because Evan
Spiegel controls so much of the company. Snap’s
shareholders have no voting power, so they have no say in setting
the agenda at Snap’s annual meeting.

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