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January 3, 2019, 5:45 PM
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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.
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.
Tim Cook / Apple:
Apple revises guidance for its fiscal 2019 Q1 downwards due to weakness in some markets, particularly China; stock closes down 9%+  —  To Apple investors:  —  Today we are revising our guidance for Apple's fiscal 2019 first quarter, which ended on December 29.  We now expect the following:
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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
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 …
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 …
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 can pay or trade with 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 …
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.
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  —  A pioneer of computer science for work combining statistics and linguistics, and an advocate for women in the field.

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From Mediagazer

Wall Street Journal:
Sources: WBD is preparing to tell its shareholders to reject Paramount's latest offer and plans to recommend they support the existing deal with Netflix

Todd Spangler / Variety:
E.W. Scripps' board unanimously rejects Sinclair's unsolicited acquisition proposal of $7 per share in cash and stock, offered in November

Christal Hayes / BBC:
The BBC says “as we have made clear previously, we will be defending” against Trump's defamation lawsuit and “we are not going to make further comment”

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