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Billionaire investor sells entire stake in Apple

Read time 2min 30sec

In this edition of the Worldwide Wrap, billionaire activist investor Carl Icahn says he has sold his entire stake in Apple, and Tinder's new feature to meet multiple Facebook friends has sparked privacy concerns.

Billionaire investor sells entire stake in Apple

Billionaire activist investor Carl Icahn said on Thursday he had sold his entire stake in Apple, citing the risk of China's influence on the stock.

In an interview with US cable television network CNBC, Icahn also said he was "still very cautious" on the US stock market and there would be a "day of reckoning" unless there was some sort of fiscal stimulus.
Via: The Guardian

Tinder feature exposes users

Tinder, the dating app notorious for translating physical attraction into the swipe of a single fingertip, has launched a group dating feature.

Tinder Social has been rolled out on a trial basis in Australia, but has been met with alarm after users realised the new feature exposes Facebook friends that also use the app.
Via: The Guardian

Instagram insists Littergram app is renamed

Instagram has ordered the owner of a British anti-litter app to change its name. Littergram invites people to share pictures of rubbish and report the location to their council.

Lawyers for the US photo-sharing giant, which was bought by Facebook for $1 bn (£629 million) in 2012, said the name was "not acceptable".
Via: BBC

Google's new hardware division

Rick Osterloh is coming back to Google. The former president of Motorola, who left the Lenovo-led handset maker last month, has been hired by Google to run a new division to unify the company's disparate hardware projects, Re/code has learned.

A Google rep confirmed that Osterloh has joined the company as its newest senior vice president, running the new hardware product line and reporting to CEO Sundar Pichai.
Via: Daily Mail

Facebook to split stock

Stealing a trick from Google, the biggest social network operator, Facebook, disclosed a plan on Wednesday to create a new class of shares to go along with its existing two, a strategy that cements control for its founders.

When enacted, the action will amount to a 3-for-1 split that will send about 5.7 billion new Facebook shares into the world, stripped of voting rights.
Via: Bloomberg

Snapchat sued

A couple is suing Snapchat, claiming that the social media app's "speed filter" tempted a woman to drive too fast, causing a crash.

Media outlets report Wentworth and Karen Maynard filed a lawsuit in Spalding County state court against Snapchat and 18-year-old driver Christal McGee.
Via: The Guardian

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