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January 3, 2019, 7:10 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%+
More: Bloomberg, Wired, The Atlantic, Daring Fireball, Bloomberg, 9to5Mac, Stratechery, CNBC, The Verge, Tom's Guide, Business Insider, Daring Fireball, Bloomberg, Macworld, Wall Street Journal, VentureBeat, Business Insider, Forbes, Fortune, New York Times, CNN, Philip Elmer-DeWitt, Tech.pinions, The Hill, PYMNTS.com, Ethereum World News, On my Om, TidBITS, Motherboard, Wall Street Journal, New York Times, TechCrunch, Engadget, Telegraph, Thurrott, The Verge, Bloomberg, Vox, Light Reading, Investor's Business Daily, Fox News, FutureSin, iDownloadBlog.com, CCN, iClarified, AppleInsider, The Mac Observer, FierceWireless, Droid Life, MacRumors, BGR, Telegraph, ZDNet, KnowTechie, Computerworld, Gizmodo, Trustnodes, Quartz, Crunchbase News, BetaNews, Recode, ExtremeTech, Mashable, Cult of Mac, MacRumors, Six Colors, Ars Technica, MacDailyNews, iPhone in Canada Blog, Reuters, IT PRO, Cult of Mac, Silicon Republic, Inquirer, 9to5Mac, Digital Trends, Financial Times, BBC, Daring Fireball, The Loop, Axios, EE Times, Yahoo Finance, TechCrunch, The Next Web, Notes from Silicon Valley, Newser, The Register, TechSpot, USA Today, Insanely Great Mac, Pocket-lint, MSPoweruser, Neowin, CBS San Francisco, BleepingComputer, and ABC News
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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 …
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

New York Times:
Sources: the White House directed FBI director Kash Patel to personally oversee the probe into NYT reporting about Air Force One, before subpoenas were issued

Scott Roxborough / The Hollywood Reporter:
Q&A: Banijay CEO Marco Bassetti on the All3Media merger, plans to expand beyond TV into live events and sports, preserving flexible company culture, and more

Todd Spangler / Variety:
Report: Letterboxd's owners have held early talks with potential buyers, including Netflix, Sony Pictures, Paramount, and PE giant TPG

More News

Earlier Picks

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
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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