Techmeme
October 25, 2018, 1:30 PM

Top News

Michelle Castillo / CNBC:
Twitter beats estimates with Q3 revenue of $758M, up 29% YoY, but monthly usage drops to 326M MAUs, down 9M since Q2; stock opens up 14%+  —  - Estimated monthly active users (MAUs): 326 million vs. 330.1 million, according to FactSet and StreetAccountnt  —  Twitter shares was up as high …
New York Times:
Sources: Andy Rubin left Google with $90M after credible sexual misconduct allegation; one accused executive left with a big exit package while another remained  —  The internet giant paid Mr. Rubin $90 million and praised him, while keeping silent about a misconduct claim.
Sam Byford / The Verge:
Xiaomi announces 6.4-inch Mi Mix 3 flagship with a 1080p OLED screen, sliding cameras and no notch, 10GB RAM, out in China on November 1 for ~$475  —  Xiaomi has announced the Mi Mix 3, the latest entry in its series of full-screen flagship phones.  It's yet another high-end Chinese device …
James Vincent / The Verge:
UK data watchdog fines Facebook the maximum £500K amount for its failure to protect users' personal information in the Cambridge Analytica scandal  —  The fine is just £500,000, but regulators say it should have been ‘significantly higher’  —  The UK's data watchdog has levied …
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 …
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  —  Apple's CEO Tim Cook has joined the chorus of voices warning that data itself is being weaponized again people and societies …
Michelle Castillo / CNBC:
Katie Roof / Wall Street Journal:
Bessemer Venture Partners, one of Silicon Valley's oldest VC firms, raises $1.85B for its 10th fund, its largest to date  —  One of Silicon Valley's oldest venture firms has reached a new milestone for its 10th fund  —  One of Silicon Valley's oldest venture firms has reached a new milestone.
Zack Whittaker / TechCrunch:
Cathay Pacific says data of 9.4M passengers was stolen in data breach, including dates of birth, phone numbers, email and postal addresses, and passport numbers  —  Zack Whittaker @zackwhittaker / 22 hours  —  Cathay Pacific, one of the main airlines in Hong Kong, says records …
Sherri L. Smith / Laptop Mag:
Alienware m15 review: sleek lightweight design while retaining great gaming performance and battery life, but it's expensive, has poor audio, and can get warm  —  - Pros / Sleek, lightweight design; Great overall and gaming performance; Stunning display; Comfortable keyboard; Long battery life for gaming laptop
More: CNET and Digital Trends.  Thanks:@mspoonauer
David Shepardson / Reuters:
Trump signs memo asking Department of Commerce to develop a national spectrum strategy for 5G and is creating a White House Spectrum Strategy Task Force  —  WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday signed a presidential memorandum directing the Commerce Department …
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 …
Emil Protalinski / VentureBeat:
Reuters:
Ireland says it will restrict short-term rentals like Airbnb starting June in an effort to tackle a severe housing shortage  —  DUBLIN (Reuters) - Ireland will tackle a severe housing shortage in booming cities such as Dublin by regulating short-term lettings and home-sharing sites such as Airbnb …
Sapna Maheshwari / New York Times:
Kinsa, a smart thermometer startup that raised ~$29M via VCs like Kleiner Perkins, has products in 500K+ US homes and sells “illness data” to Clorox and others  —  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.

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Earlier Picks

Thomas Brewster / Forbes:
Natalie Gagliordi / ZDNet:
Taylor Hatmaker / TechCrunch:
New York Times: