Industry News Update – Week of 9/11/2017

Last week, it was announced that Uber is under FBI investigation for using its Hell program to track Lyft drivers’ activities such as pricing, availability and dual-app usage.

23andMe is raising $200 million from Sequoia and Fidelity to enhance its genetic research and create new products. The company’s valuation is expected to increase to $1.7 billion.

Spotify and Hulu have teamed up to offer their services as a bundle to students for $4.99 per month.

Magic Leap partnered with Berkeley Labs to release a research paper that discusses using advanced metamaterials that redirect light to create digital lightfields. This research will assist Magic Leap in developing its upcoming product.

The news articles and links presented below are available for your reference.

23ANDME

"23andMe is Raising About $200 Million, Led by Sequoia"

MAGIC LEAP

“ Berkeley and Magic Leap Worked Together to Develop a New Metamaterial”

SPOTIFY

“Spotify, Hulu Team up for Low-priced $4.99 Student Plan"

UBER

"FBI Will Investigate Uber's Use Of 'Hell' Software To Surveil Lyft Drivers"