Good morning! Here is the tech news you need to know this Thursday.
1. Instagram unveiled a new app to help it compete with the likes of YouTube and Snapchat on Wednesday. The app, IGTV, lets users create longform videos — longer than the 60 seconds users currently have on the main Instagram app.
2. Cambridge Analytica insiders said the company didn't take the growing data scandal seriously, even in its final days and as investigators seized its servers. Most employees stuck around until the firm filed for bankruptcy.
3. Facebook is beginning to test a feature that would let Facebook Group admins charge a monthly fee for access to exclusive content. The pilot program only involves a small number of groups right now, including Declutter My Home, Grown and Flown Parents, and Cooking On A Budget: Recipes & Meal Planning.
4. A committee of European lawmakers voted to accept "disastrous" changes to copyright law, which might kill off the meme. Another change would let publishers charge online sites for linking to their news content.
5. The White House is working on a federal version of online privacy law as Europe rolls out GDPR, according to Axios. Gail Slater, President Trump's special assistant for tech, has met with tech and telecoms firms to discuss ways to implement new privacy rules.
6. Match, which already owns dating services Tinder and OkCupid, has now acquired anti-Tinder service Hinge. Match will take a controlling 51% stake in the company.
7. The Chinese smartphone maker Oppo just announced one of the priciest phones you can buy, costing about $2,000. The "Lamborghini Edition" of the company's Find X phone boasts superfast charging, meaning it can charge a battery from 0% to 100% in 35 minutes.
8. Tesla is suing the employee Elon Musk claimed committed sabotage against the company. The lawsuit alleges the former employee "unlawfully hacked the company's confidential and trade secret information and transferred that information to third parties."
9. Microsoft has bought Bonsai, an artificial intelligence company that helps non-experts develop machine learning tools. Bonsai could help make an "AI toolchain" for running autonomous services on Microsoft's Azure cloud.
10. AMC Theatres has decided to up its subscription game and go head-to-head with MoviePass. For $19.95 (plus tax) a month, subscribers can see three movies per week and you get perks like free refills of popcorn and online ticket fees waived, while also being allowed to see a movie in any format and see the same movie as many times as you want.
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