Despite reports of his imminent exit from Apple, Jimmy Iovine tells Varietythat he isn’t leaving the company anytime soon. As head of Apple Music, “There’s still a lot more we’d like to do,” the music mogul says. “I am committed to doing whatever Eddy [Cue], Tim [Cook] and Apple need me to do, to help wherever and however I can, to take this all the way. I am in the band.”

As Jeff Bezos’ net worth soars past $100 billion, people are wondering about his philanthropic intentions. To date, “Compared to [Bill] Gates … Bezos’s philanthropic giving has been significantly more modest,” Recode writes. “Bezos, along with his wife, MacKenzie, donated $15 million to their alma mater Princeton in 2011 and the CEO has also given tens of millions of dollars to the Fred Hutchinson Cancer Research Center in Seattle.”

Samsung Electronics plans to debut its flagship Galaxy S9 in February, ZDNet reports, citing comments from DJ Koh, president of Samsung’s mobile business. “Koh also said that the company was planning to launch its foldable phone sometime next year,” ZDNet notes. “Last year he told reporters in South Korea that the company was targeting a launch this year.”

Wired goes inside Amazon’s Alexa Voice Services division, which makes hardware and software development kits that help manufacturers build Alexa-enabled products. “While one team at Amazon works on the Echo products themselves -- including the Echo Spot, Show, Dot, Plus, and probably a bunch more since you started reading this sentence -- and another works on the Alexa service itself, a different team is working on engineering Alexa's world takeover,” it writes.

Despite its perception as a social platform, Snapchat is much more of a chat app, The Daily Beast reports, citing five months of “confidential” DAU metrics. “And key features like Snap Maps have yet to gain widespread adoption among the app’s user base,” it writes. “In the meantime, the company has begun to beta test a new redesigned version of the app … and a public release is imminent.”

Facebook is developing a video chat device named “Portal,” Cheddar reports. “The device is designed to work in the home and represents Facebook’s first serious foray into selling consumer hardware,” it writes. “Facebook intends to pitch Portal as a way for families and friends to stay connected through video chatting and other social features.”

Telegram plans to add its own blockchain platform and native cryptocurrency to complement its encrypted messaging service, TechCrunch reports. “The launch will be funded with an enormous Initial Coin Offering, with forthcoming private pre-sales ranging into the hundreds of millions, potentially making it one of the largest ICOs to date,” TC writes.

The Columbia Journalism Review considers Audm -- an app that features long-form magazine articles read by professional voice actors. “Since it launched a year and a half ago, Audm has been quietly adding a variety of leading publications to its subscription-based distribution platform,” CJR writes. “It costs $6.99 a month. There’s no free version, and no ads.”  

Google is making millions off predatory and highly-exploitative rehab brokers, the Sunday Times reports. “Google has been profiting from a practice banned in America in which brokers secretly reap millions of pounds from vulnerable people seeking treatment for addictive diseases in the UK,” it writes. “The brokers, known as referral agents, advertise themselves as free advice helplines.”

Citing strict regulations and stiff competition, GoPro has decided to stop making drones. The hardware company is also confirming broad layoffs, lowering its guidance, CNBC reports. Additionally, “Founder and CEO Nick Woodman will reduce his cash compensation to $1 for 2018,” CNBC notes.