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Amazon Cash debuts, Apple to make own GPU chipsThe biggest tech stories of the day include Amazon's debut of Cash, which lets customers use cash to pay for items. Plus Apple's decision to make its own chips for the iPhone and Samsung's easily defeated facial recognition lock.
This is C-Net, and here are the stories that matter right now. Amazon has debuted a new service called Amazon Cash, which lets customers deposit money at a number of retail stores and then use the money on Amazon. About 7% of households in the US don't have bank accounts, so this would open up service to those individuals as well as others that don't have credit cards. The service won't charge fees, and it's live now. After years of making graphics chips for the iPhone, Imagination Technologies says it is no longer doing so because Apple has opted to build the hardware itself. Soon after, the company's stock took a massive hit, and word is that Imagination Technologies is taking the matter to court [MUSIC] And finally it appears that Samsung's facial recognition technology that let's users unlock their S8 by just looking at it, has been defeated. Most concerning, it was done by simply using a photograph. Samsung has responded, saying facial scanning is not one of the biometric security options that will allow access to Samsung. Pet. [MUSIC] You can see [UNKNOWN] the latest by downloading the CNet tech today app, in the Apple or Google App Store.