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January 3, 2019, 6:40 PM
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M.G. Siegler / 500ish Words:
As the law of large numbers catches up with Apple, it faces a rocky but pivotal year where it needs to transition into a services company earlier than planned  —  Yesterday's updated guidance wasn't just about China...  The results are in.  Actually, they're not in.  And that was a major problem yesterday for Apple.
Shira Ovide / Bloomberg:
Apple failed to warn about China and market saturation, the underlying conditions for its guidance downgrade, which were obvious to those paying attention  —  The company has reached the end of its denial phase.  —  The optimistic narrative about Apple Inc.'s iPhone business is falling apart in front of our eyes.
Tim Cook / Apple:
Apple revises guidance for its fiscal 2019 Q1 downwards due to weakness in some markets, particularly China; stock closes down 9%+
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Steve Kovach / CNBC:
Apple lowers revenue guidance to $84B after previously projecting $89B-$93B, because of fewer iPhone upgrades than expected
Makena Kelly / The Verge:
Report: for the second year in a row, FCC's Ajit Pai has canceled his CES trip, as the US government shutdown forces furloughs for non-essential FCC employees  —  It will be the second year in a row that he hasn't attended the conference  —  Federal Communications Commission Chairman Ajit Pai …
Jesse Damiani / The Verge:
Netflix's interactive format for films like Bandersnatch makes content harder to pirate, increases viewer engagement, and generates insightful data about users  —  Light spoilers for Black Mirror's interactive episode Bandersnatch ahead.  —  On Friday, December 28th, after months of speculation …
Andrew J. Hawkins / The Verge:
GM's self-driving unit Cruise partners with DoorDash to test a food delivery service in San Francisco starting in early 2019  —  The pilot will commence in early 2019 in San Francisco  —  Cruise Automation, the self-driving unit of General Motors, is teaming up with DoorDash to test …
Brady Dale / CoinDesk:
BitTorrent announces its own crypto tokens that users trade to other users for faster downloads  —  BitTorrent, which pioneered peer-to-peer technology for sharing files on the internet, is creating its own cryptocurrency.  —  Issued by the Singapore-based BitTorrent Foundation …
Mary Jo Foley / ZDNet:
Microsoft adds two new Microsoft 365 bundles focused on security and compliance, expands availability of its MyAnalytics “fitness tracker for work” service  —  Microsoft is adding new Microsoft 365 packages to its subscription-service roster, as well as expanding availability …
Campbell Kwan / ZDNet:
USB Implementers Forum announces USB Type-C authentication program to protect against non-compliant USB chargers and USB malware risks  —  USB-IF announced it will roll out a USB Type-C authentication program to protect against non-compliant USB chargers and USB malware risks.

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From Mediagazer

Oliver Darcy / CNN:
Uri Berliner says he is resigning from NPR as he “cannot work in a newsroom where I am disparaged by a new CEO whose divisive views confirm” NPR's problems

Gene Maddaus / Variety:
A Los Angeles ethics agency fines former CBS CEO Les Moonves $15K for misconduct in obtaining confidential police info about a sexual assault claim against him

Sam Tobin / Reuters:
UK court documents: actor Hugh Grant settled a lawsuit against The Sun publisher News Group Newspapers over claims of using private investigators to phone tap

More News

Nellie Bowles / New York Times:
Obituary of Karen Sparck Jones, a self-taught programmer whose 1972 research paper on natural language processing laid the groundwork for modern search engines

Earlier Picks

Li Yuan / New York Times:
Inside Beijing-based Beyondsoft and its “censorship factories”, with 4,000+ staff monitoring online content for media companies eager to please China's censors
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