Techmeme
January 29, 2019, 5:55 PM

Top News

Zac Hall / 9to5Mac:
Apple announces Q1 2019 profit of $19.97B and revenue of $84.3B, following its revision down from $89B-$93B, and projects $55B to $59B over the next quarter  —  Apple's earnings day has arrived, and despite massive revenue and profit in the billions, it's a bit of a different quarter for Apple for a few reasons.
Apple:
Apple Q1: revenue from iPhone declined 15% YoY, but total revenue from all other products and services grew 19%; services revenue hit an all-time high of $10.9B  —  Services, Mac and Wearables Set New All-Time Revenue Records EPS Reaches All-Time High at $4.18 Cupertino, California …
CNBC:
Apple booked $13.17B in revenue from China in Q1, down 27% YoY from $17.96B  —  - Apple cited weak economic conditions in China as a reason for its lowered guidance for its first quarter 2019 in its warning to investors earlier this month.  —  Apple's revenue in China came in at $13.17 billion during …
Tom Warren / The Verge:
Apple disables Group FaceTime on the server side as a temporary workaround after recently reported security flaw, says software update is coming this week  —  Software update still due later this week  —  Apple has temporarily disabled its Group FaceTime feature in iOS and macOS to fix a major security flaw.
Benjamin Mayo / 9to5Mac:
Paul Sawers / VentureBeat:
Google says Gmail's Android and iOS apps will get a refreshed design in coming weeks to reflect the Google Material Theme, with other G Suite apps to follow  —  Google is rolling out a new interface overhaul for Gmail on mobile devices, a move that fits with the company's broader mission …
Rachel Siegel / Washington Post:
GameStop shares close down 27% after the board of the video game and electronics retailer said it had ended its search for a buyer  —  GameStop shares plunged nearly 30 percent Tuesday after the video game and electronics retailer said it had ended the search for a buyer …
RTÉ:
EU publishes first monthly reports by Facebook, Google, Firefox, and Twitter on their fight against disinformation, wants them to intensify efforts  —  The European Union has urged US internet giants and advertising firms to intensify the fight against disinformation campaigns before EU elections in May, or risk regulation.
Kirsten Korosec / TechCrunch:
Waze expands its open-source Bluetooth beacons to NYC to mitigate poor GPS signal in tunnels and offers the service to third parties for $28.50 per unit  —  Drivers in New York City will soon be able to use Waze — and other navigation apps — in places like tunnels or bridges where it's common to lose a GPS signal.
Ingrid Lunden / TechCrunch:
eBay beats on Q4 sales of $2.9B, but global merchandise volume of $24.6B was up only 1%; will return $5.5B to investors in 2019 amid activist pressure  —  As eBay gets increasing pressure from activist shareholder Elliott Management to reform its business and turn it into a high-growth tech stock …
More: eBay Newsroom.  Thanks:@ingridlunden
Patricia Hurtado / Bloomberg:
DOJ unseals Jan. 16 indictment against Huawei, CFO Meng Wanzhou, affiliated firms; charges include bank and wire fraud, IP theft, conspiring to obstruct justice  —  - T-Mobile accused Huawai of theft; CFO linked to sactions case  —  U.S. prosecutors filed criminal charges against Huawei Technologies Co. …
U.S. Department of Justice:

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