January 22, 2016, 10:50 AM

Top News

Bloomberg Business:
Google paid Apple $1B in 2014 to keep its search bar on iPhone, according to court transcript in Oracle's suit against Google  —  Google Paid Apple $1 Billion to Keep Search Bar on IPhone  —  Court records reveal details of two companies' relationship  —  Google Inc. is paying Apple Inc …
Bloomberg Business:
Oracle lawyer, in case against Google, says Android has generated $31B in revenue and $22B in profit; Google says the figures shouldn't have been made public  —  Google's Android Generates $31 Billion Revenue, Oracle Says  —  Google Inc.'s Android operating system has generated revenue …
Tim Bradshaw / Financial Times:
Apple hires Virginia Tech computer science professor and virtual reality expert Doug Bowman  —  Apple hires leading virtual reality researcher  —  Apple has hired one of the top US researchers in virtual reality, as it looks to catch up to Facebook, Alphabet, Microsoft and Samsung …
Cyrus Farivar / Ars Technica:
California assembly member introduces anti-human trafficking bill banning sale of smartphones with unbreakable encryption  —  Yet another bill seeks to weaken encryption-by-default on smartphones  —  Asm.  Jim Cooper: “Human trafficking trumps privacy, no if ands or buts about it.”
Zac Hall / 9to5Mac:
Microsoft Office for iOS adds 3D Touch quick actions for iPhone 6s, Apple Pencil ‘ink’ on iPad Pro  —  Microsoft is out with a nice update to its Office for iOS suite today, adding 3D Touch quick actions to Word, PowerPoint, and Excel for iPhone 6s and 6s Plus users as well as promised Apple Pencil integration on the iPad Pro.
Rolfe Winkler / Wall Street Journal:
Sources: OpenDoor quietly raised $80M in October valuing the company at about $580M  —  Startup Pays Cash to Buy Homes, Flip Them  —  OpenDoor's approach appeals to sellers who need to move quickly  —  When Luke Dalien and his family needed to quickly sell their Phoenix-area house, they didn't turn to a real-estate broker.
Tweets: @fmanjoo and @adamnash
Bloomberg Business:
Uber, burning cash faster than Lyft, discounts fares for third year as it tries to turn profit in North America after losing $697M on $498M revenue in Q3 2015  —  Facing a Price War, Uber Bets on Volume  —  The U.S. operation cuts fares while promising imminent profit.
Matthew Leising / Bloomberg Business:
Blockchain startup Digital Asset Holdings raises $52M, sources say valuing the company at $100M, partners with ASX to develop distributed ledger  —  Blythe Masters Firm Raises Cash, Wins Australian Contract  —  Distributed ledger tech to speed Australian stock settlement
Jon Russell / TechCrunch:
The Tor Project Raised Over $200,000 From Its First Crowdfunding Campaign  —  In the quest to lessen its reliance on grants from the U.S. government, the Tor Project began its first crowdfunding campaign back in November.  That initial funding drive is now over with the organization announcing …
Mary Jo Foley / ZDNet:
Microsoft kicks off Office Insider program for Mac users  —  Microsoft Office for Mac users now have the option of previewing certain Office features shortly before they go final, as Windows and Android Office users already can.  —  Microsoft has opened the gates for Office for Mac users …

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Basecamp's “Work Can Wait” Pledge - Why We're Not Recommending It.  —  Basecamp is running a campaign asking people to pledge that they will limit their work to 40 hours a week and ask others in their organization to do the same.
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Uber is rewriting the mobile app playbook, yet again!  —  Some of the world's most popular mobile apps including Spotify, Flipboard and Supercell are following Uber's bold footsteps as they switch to in-app support!

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