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October 25, 2018, 6:15 AM
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Microsoft:
Microsoft reports Q1 revenue of $29.1B, up 19% YoY, net income of $8.8B, up 34% YoY; Azure revenue grew 76%, LinkedIn revenue grew 33%, Surface revenue grew 14%  —  Microsoft Cloud Strength Powers Record First Quarter Results  —  REDMOND, Wash. — October 24, 2018 — Microsoft Corp. today announced …
New York Times:
Sources: US intelligence has determined that China and Russia spy on phone calls Trump makes using his iPhones instead of his secure White House landline  —  WASHINGTON — When President Trump calls old friends on one of his iPhones to gossip, gripe or solicit their latest take on how he is doing …
Josh Constine / TechCrunch:
Sources: Facebook is working on a new TikTok-like music app to let users record and share videos of themselves lip-syncing or dancing to popular songs  —  Josh Constine @JoshConstine / 8 hours  —  Facebook is working on a new app that it hopes could win back the attention of teens …
Michelle Castillo / CNBC:
Responding to Tim Cook's privacy speech, ex-Facebook CSO Alex Stamos calls out Apple's anti-privacy moves in China and tech media for ignoring them in coverage  —  - Former Facebook chief security officer Alex Stamos said on Twitter Apple needs to “come clean” about how it blocks ways …
Natasha Lomas / TechCrunch:
Tim Cook attacks the “data industrial complex” and calls for comprehensive US privacy laws in speech at conference on data protection and privacy in Brussels
Steve O'Hear / TechCrunch:
German smart thermostat and AC control maker Tado raises $50M from Amazon, E.ON, and others, bringing its total raised to $102M  —  Tado, the smart thermostat and AC control maker, has raised a further $50 million in funding from an array of noteworthy and strategic investors.
More: Tech.eu and VentureBeat.  Thanks:@sohear
The Verge:
Leaked Google contract stipulates that Android device makers provide at least two years of security updates for phones and tablets that have 100K+ activations  —  Every month, a security team at Google releases a new set of patches for Android — and every month, carriers and manufacturers struggle …
Thomas Brewster / Forbes:
Sources: GrayKey, which some law enforcement agencies bought to break the passcodes of iOS devices, can no longer do so for any iPhone running iOS 12 or above  —  Apple has managed to prevent the hottest iPhone hacking company in the world from doing its thing.
Sapna Maheshwari / New York Times:
Kinsa, a smart thermometer startup that raised ~$29M via VCs like Kleiner Perkins, has products in 500K+ US homes, sells “illness data” to companies like Clorox  —  Most of what we do — the websites we visit, the places we go, the TV shows we watch, the products we buy — has become fair game for advertisers.
More: Forbes.  Tweets: @fmanjoo, @rebeccadrobbins, @zeynep, and @zeynep
Natalie Gagliordi / ZDNet:
AMD reports Q3 revenue of $1.65B, vs. $1.7B est., up 4% YoY, net income of $102M, up from $61M YoY, but low Q4 guidance; stock down 20%+ after hours  —  The company missed third quarter revenue targets and issued lower-than-expected fourth quarter guidance.
New York Times:
The marked contrast between Amazon's and Sears' compensation plans shows the shift in recent years away from employees to shareholders  —  Half a century ago, a typical Sears salesman could walk out of the store at retirement with a nest egg worth well over a million in today's dollars, feathered with company stock.
Casey Newton / The Verge:
A look at two features Twitter is testing: “presence indicators”, which say what users are doing while they tweet, and “ice breakers” to start conversations  —  Executives say they want to enhance conversations on the platform  —  Twitter is testing new features designed …
The Times of Israel:
Cybersecurity giant Check Point buys Tel Aviv-based cloud security startup Dome9; initial cash considerations priced deal at $175M  —  Cybersecurity giant acquires Tel Aviv based Dome9 in cash, stock and options; Checkpoint third quarter earnings per share up 6% year on year
Brian Dowling / Xconomy:
Boston-based DataRobot, which makes tools for enterprises to automate building machine learning models, raises $100M Series D, bringing total raised to $225M  —  Boston startup DataRobot wrapped up a new $100 million funding round, injecting more cash into what was already one of the region's biggest bets …
Heather Somerville / Reuters:
Sources describe problems at GM's Cruise self-driving car unit, which has had delays, issues with software, and more, after landing $5B in investments  —  SAN FRANCISCO (Reuters) - It's one of the biggest bets going in the world of cars.  —  Since May, General Motors Co …
Paresh Dave / Reuters:
Facebook says its AI tools helped moderators remove 8.7M user-posted images of child nudity during the last quarter  —  SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) said on Wednesday that company moderators during the last quarter removed 8.7 million user images of child nudity with the help …

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Trip Gabriel / New York Times:
R. Bruce Dold, a Pulitzer Prize-winning journalist at the Chicago Tribune, where he became editor-in-chief and publisher, is dead at 70

More News

Taylor Hatmaker / TechCrunch:
Two years after acquiring Drip, Kickstarter hands control of the platform to Andy Baio and XOXO co-founder Andy McMillan and provides new seed funding for it

Earlier Picks

Michelle Castillo / CNBC:
Snap says it hired Jeremi Gorman, most recently Amazon's head of ads sales, as its chief business officer and Jared Grusd as its chief strategy officer
Alex Heath / Cheddar:
Leaked internal survey of Snap's ~3,000-person workforce shows 40% don't plan to stay, up 11% since Q1 2018, as Snap stock has tumbled in recent months
New York Times:
Google plans to reach five million schoolchildren with a digital citizenship education program, but critics say it should be disqualified from doing so
The Keyword:
Google now lets users review and delete their recent search activity and provides easier access to privacy controls, on desktop today and mobile apps later
The Daily Beast:
Amazon pitched its facial recognition surveillance tech to ICE and continued its dialogue with the US immigration agency in the midst of critical media coverage
Angelo Amante / Reuters:
Italian anti-trust watchdog fines Apple and Samsung €5M for phone performance throttling and Apple an additional €5M over lack of info on battery replacement
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