In the tech world, a lot happens in a week. So much news goes on that it’s almost impossible for mere mortals with real lives to keep track of everything. That’s why we’ve compiled a quick and dirty list of the top 10 tech stories from this week. Everything from the bitter end of the Samsung Galaxy Note 7 to who’s been tapped to lead Snapchat’s imminent IPO, it’s all here.
The Galaxy Note 7 has been put out of its misery by Samsung. The company has announced the end of production for the beleaguered smartphone, just a day after it halted sales and a short while after limiting the numbers being made at its factories. In a statement, Samsung said it’s, “putting consumer safety as top priority,” and, “reached a final decision to halt production of the Galaxy Note 7.” At this time, the Galaxy Note 7 isn’t being produced, isn’t being sold, and those that do remain aren’t being exchanged for another unit. Instead, Samsung is offering a refund or an exchange for another Samsung phone. The Galaxy Note 7 as we know it is now a thing of the past.
Ever since the first trailer for the Netflix series Stranger Things debuted, there was major buzz around the nostalgia-driven thriller about a group of kids in the ’80s who get caught up in a terrifying mystery involving a telekinetic girl, otherworldly dimensions, and a monster unleashed on their small town. And for those who binged their way through the first season, one of the biggest remaining mysteries was whether the acclaimed show created by brothers Matt and Ross Duffer would indeed get a second season.
Snap Inc., the company formerly known as Snapchat, is pushing ahead with plans for an initial public offering reportedly set for March 2017. The latest news claims the firm, which now brands itself a “camera company,” has tapped a number of banks to work on its IPO. Morgan Stanley and Goldman Sachs will lead the offering, according to unnamed sources who spoke to Bloomberg.
Toyota is recalling 340,000 Priuses worldwide due to a parking brake issue that could potentially cause accidents. The flaw can cause the brake to fail, increasing the risk of rollaways, but Toyota has not reported any incidents thus far. The recall pertains to 2016 and 2017 Prius models produced between August 2015 and October 2016. “On the involved vehicles, there is a possibility that the parking brake could become inoperative,” Toyota said in a statement.
The British government has banned its top officials from wearing the Apple Watch during high-level Cabinet meetings over fears the device could be hacked by foreign agents acting against the U.K., the Telegraph reported on Monday. While some may scoff at the idea of the smartwatch being taken over by hackers, others are likely to look upon it as a perfectly reasonable reaction to a very real threat.