Here’s the tech news you need to know today.
1. Google is seeing its first spin-off since its big restructuring announcement. Niantic Labs, a startup within Google that has launched an augmented reality game called Ingress as well as a location discovery app called Field Trip, is becoming an independent company.
2. NBC Universal has invested $200 million in Vox Media. It also poured another $200 million into Buzzfeed.
3. Tinder founder Sean Rad has returned as CEO. Chris Payne, who had been serving as CEO, only lasted five months in the position.
4. Analysts believe the reason Apple’s stock has been declining over the last few weeks is because investors are worried about its presence in China. Apple fell as much as 2% on Wednesday.
