Techmeme
October 25, 2018, 6:15 AM

Top News

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:
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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