Good morning! Here is the tech news you need to know this Monday.
1. Intel faces at least three class action law suits over the Meltdown and Spectre chip bugs discovered by researchers last week. The suits, filed in Oregon, Indiana, and California, cite a potential performance slowdown and also Intel’s response to the bug.
2. The Consumer Electronics Show, the massive annual tech tradeshow, has said it will add more women to its speaker lineup after critics pointed out there were no female lead speakers, or a code of conduct. CES said in a December it had a “limited pool” of senior female speakers to choose from.
3. Two activist Apple shareholders want the firm to study the impact of smartphone addiction on children’s mental health. Jana Partners LLC and the California State Teachers’ Retirement System control around $2 billion (£1.47 billion) of shares.
4. There’s going to be a big battle between Google and Amazon over their smart speakers, Home and Echo respectively, as each firm races to outdo the competition. It’s likely both firms will announce new partnerships and hardware at CES.
5. The first smartglasses enabled with Amazon’s Alexa voice assistant will appear at CES. The glasses are being made by Vuzix, according to Bloomberg, and follows lots of third-party hardware makers integrating Alexa into their products.
6. One of Uber’s biggest shareholders, Benchmark Capital, is selling almost 15% of its stake in the company to new investor Softbank for $900 million (£665 million). Benchmark had hoped to sell more like a quarter of its stake.
7. Snap is hiring someone to spearhead its advertising efforts in China. The company quietly posted a job listing seeking someone to meet “ambitious revenue targets.”