GoPro is in the process of firing 200-to-300 employees, sources tell TechCrunch. “The hits to the company were largely concentrated in its aerial division, the segment of the company responsible for its Karma drone,” TC writes. “The belt-tightening won’t come as much of a surprise to those following the action camera maker’s moves into drones over the past several years.”

By August, Jimmy Iovine will likely leave his perch as the head of Apple Music, sources tell Billboard. “It is believed his departure is timed to his Apple shares fully vesting,” the trade publication writes. “Iovine’s ties to Apple go back to 2003 when he first met Apple founder Steve Jobs and exec Eddy Cue, and was a key proponent of Apple’s iTunes and iPod.”

Fitbit just invested $6 million into heath-tracking startup Sano, CNBC reports. Sano is currently working on what CNBC describes as a “coin-sized patch that tracks blood sugar levels to help control diabetes.” More broadly, “Building blood-sugar tracking into a future device could dramatically increase the market for Fitbit devices since more than 100 million Americans are now living with diabetes or pre-diabetes.”

Amazon is rolling out new tools with which developers can sync Alexa with any Bluetooth-enabled device imaginable. “That would allow Alexa to be used in microwave ovens, for example -- so you could just tell the oven what to do,” TechCrunch reports. With the new Alexa Mobile Accessory Kit, “That would allow Alexa to work Bluetooth products in the wearable space, like headphones, smartwatches, fitness trackers, other audio devices, and more,” it writes.

French president Emmanuel Macron is floating the idea of a law that would ban fake news during national elections. “The French president … said he wanted new legislation for social media platforms during election periods ‘in order to protect democracy,’” The Guardian reports. “Macron said he would shortly present the new law in order to fight the spread of fake news, which he said threatened liberal democracies.”

By the end of 2018, AT&T plans to begin rolling out what is being called a “true” 5G network in a dozen U.S. markets, The Verge reports.  “It’s nice to see that AT&T is actually working on a real 5G network, given the company’s announcement of its so-called '5G Evolution' network last year, which largely consisted of the AT&T rebranding existing LTE technologies that competitors had already adopted.”

Nintendo’s Switch is the fastest selling game console ever, Engadget reports, citing data from the gaming giant. In 10 months, Nintendo said it sold about 4.8 million units. “That shatters the previous record of 4 million US sales in the same time, also held by Nintendo with the Wii,” Engadget writes. “Switch sales first opened on March 3rd, 2017, and it looks like strong holiday sales pushed the Switch over the top.”

Saving Google billions of dollars of in taxes, the search giant moved more than $19 billion to a Bermuda shell company in 2016, Bloomberg reports, citing regulatory filings. “Google uses two structures … to shield the majority of its international profits from taxation,” it writes. “The setup involves shifting revenue from one Irish subsidiary to a Dutch company with no employees, and then on to a Bermuda mailbox owned by another Ireland-registered company.” https://ww w.bloomberg.com/news/articles/2018-01-02/google-s-dutch-sandwich-shielded-16-billion-euros-from-tax

BuzzFeed’s Davey Alba suggests that YouTube’s content moderation problem is more serious than brands believe. More broadly, be believes: “YouTube, after a decade of being the pioneer of internet video, is at an inflection point as it struggles to control the vast stream of content flowing across its platform, balancing the need for moderation with an aversion toward censorship.”  

Wixen Music Publishing -- which boasts a broad catalog of artists from Tom Petty to Neil Young to Zach De La Rocha -- is suing Spotify, according to The Hollywood Reporter. Seeking no less than $1.6 billion, the publisher alleges that Spotify is using tens of thousands of songs without a license and compensation.