10 things in tech you need to know today

Here is the tech news you need to know this Friday. The firm's rapidly rising expenses brought its operating income down 51% from the same period last year to $628 million (£480 million). The company refreshed its iPod lineup on Thursday, and cut out the only two models that don't run on the iOS operating system. His personal net worth is now estimated to be around $90 billion (£68 billion). The company managed to beat Wall Street's expectations in terms of revenue, however, with $574 million (£438 million) versus an expected $537 million (£410 million).