A lot of things happened this week in tech especially with Google I/O’s keynote on Wednesday. Read on for the most relevant news in tech and retail.
- The US Supreme Court has ruled that Aereo violates copyright law but is explicit that the ruling does *not* include “remote storage of content” (page 16 of the ruling here)
- Dave McClure‘s 500 Startups files with the SEC to raise $100M from the public
- GoPro, maker of high-def video recorders, rose 31% on first day of trading
- In compliance to “right to be forgotten” European ruling in May, Google starts filtering search results
- Google I/O highlights/launches:
- Android L, is the latest version of Android OS and does away with former cute version names such as KitKat
- Android One, a hardware reference platform for cheaper smartphones will be introduced in India for fall 2014
- Android Wear, a platform for smart watches, is now on LG G watch and Samsung Gear Live available for purchase in Google Play Store while Moto 360 will be available in late summer 2014
- Android TV, running on Android L, will be on Internet connected TVs from Sony, Sharp, TP Vision, Asus, etc.
- Android Auto casts a smartphones apps and menu (running on Android) on the car’s dashboard
- Alibaba will trade in the New York Stock Exchange under the trading symbol “BABA”
- Tube passengers in London can now pick up Amazon purchases in lockers located in the London Underground station car parks
- Barnes and Noble will spin off Nook, its e-reader business, as a separately traded company as sales decline, share price for the bookstore chain rise 5.3%
- Nike share price up as 4th fiscal quarter results beat estimates, net income up by 5%
- Wish, the social shopping mobile app, raises $50M in a round led by Founders Fund