Every day we wake up, drink a cup of coffee, and get ready for work. Following are a handful of stories from around the tech world condensed to fit into one single cup of coffee. These are the things you need to know before you step foot out of your door (or in front of a webcam) and into the real world this morning.
So sit back, grab a cup, and start your morning off right with a few “Quick Bytes” from Innovation & Tech Today.
Apple App Store on Trial for Monopoly
Apple’s tightly locked App Store is on trial this week based on a monopoly accusation. Epic Games, maker of Fortnight, filed the suit, alleging the store serves as a walled garden that takes an unreasonable commission on in-app purchases. The company paid Apple hundreds of millions before developing a system that bypassed them and led to Fortnite’s ousting from the App Store.
Indian Scientists Searching for Immune Resistant Covid Strains
A group of Indian scientists is flagging virus mutations it believes could evade an immune response. They confirm there is no reason to believe they are expanding. The study is more a matter of identifying existing strains for target with vaccine boosters in the future.
Tether Crypto Surges Up the Ranks
Tether, a crypto shadow currency, has surpassed $50 billion in circulation, making them more valuable than the top 45 of the thousands of U.S. banks. This marks quite the accomplishment for a company that is used largely as a method for payment. Tether will release a quarterly statement on its reserves this month.
Apple Analyst Tells Investors 8” Foldable iPhone to Launch in 2023
Apple is reportedly working to launch a foldable iPhone. Analyst Ming-Chi Kuo told investors the company is working on an 8″ foldable iPhone that is slated for a 2023 public release. Kuo also predicted the company would ship 15-20 million foldable iPhones in the first year.