On this slow Monday, Walmart has announced a huge purchase it hopes will help it better compete with Amazon online. Here’s a look at today’s tech news.
Top news stories
The latest on Apple’s next iPhone
The upcoming “iPhone 7” will feature a dual-camera system on the largest model and a re-engineered home button that responds to pressure with haptic feedback, according to Bloomberg. Monday’s report also confirms that Apple is removing the headphone jack.
Apple’s next-generation handset is expected to launch early next month.
Walmart buys Jet.com
The world’s largest retailer, Walmart, is acquiring Jet.com, a two-year-old online retailer that had hoped to compete with Amazon. The deal is valued at $3.3 billion, making this the largest acquisition of an e-commerce company, according to The Wall Street Journal.
As part of the deal, Jet’s 45-year-old founder Marc Lore is expected to take on a senior leadership position on the e-commerce side of Walmart.
If it’s the first day of the work week, it must be time on #mondaymotivation.
On this day
Today, Aug. 8 is Sneak Some Zucchini onto Your Neighbor’s Porch Day. (Yes, you read that correctly).
OpenStack Days Silicon Valley begins tomorrow, Aug. 9 in Mountain View, California.
Rewind: On this date in 1945, the USSR declared war against Japan. The move came two days after the United States dropped an atomic bomb on Hiroshima, Japan. By in 1890, the Daughters of the American Revolution organization was created.
We’ve looked around the web and found these other stories worth considering:
- 4 tech giants mask Apple’s $190B collapse, USA Today
- Apple Music’s Bozoma Saint John: It’s About Passion, Not Algorithms, Fast Company
- Apple Watch 2 tipped to launch with iPhone 7 in fall, BGR
Want even more? Check out Tech Media Extra.
The Tech Media Minute is published Monday through Friday on AppAdvice to highlight the biggest stories in technology.