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February 7, 2019, 3:15 AM
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Peter Kafka / Recode:
Spotify buys podcast producer Gimlet Media, sources say for ~$230M, and Anchor, a startup which makes it easier for users to record and distribute podcasts  —  Daniel Ek says he wants to spend up to $500 million on acquisitions this year.  —  Spotify is a streaming music company that wants to become a podcast company, too.
Stuart Dredge / Music Ally:
Spotify reports Q4 revenue of ~€1.5B, up 30% YoY, operating profit of €94M, says it has 207M MAUs, up 29% YoY, including 96M premium subscribers, up 36% YoY
Joseph Cox / Motherboard:
Leaked documents show around 250 bounty hunters and related businesses had access to AT&T, T-Mobile, and Sprint customer location data for at least five years  —  In January, Motherboard revealed that AT&T, T-Mobile, and Sprint were selling their customers' real-time location data …
Megan Rose Dickey / TechCrunch:
Following a lawsuit, Instacart CEO apologizes for changes that meant some tips were used to boost base pay, says affected workers will get retroactive pay  —  On the heels of a recently-filed class action lawsuit over wages and tips, as well as drivers and shoppers speaking …
Kara Swisher / Recode:
Facebook's top global communications executive, Caryn Marooney, is leaving after eight years; Debbie Frost, Facebook's longest-serving PR exec, is also leaving  —  After a bruising year for the social media giant, longtime communications head Caryn Marooney is helping search for her replacement.
Austin Carr / Bloomberg:
Interviews with 49 people illuminate Wisconsin's disastrous deal with Foxconn, championed by Trump, that saw $4.5B in promised incentives with little return  —  “This is the Eighth Wonder of the World.”  —  So declared President Donald Trump onstage last June at a press event at Foxconn's …
Rani Molla / Recode:
Research: US riders who used both Uber and Lyft in Q4 2018 accounted for ~1/3 of the companies' ride-sharing revenue; 15% of revenue was from Lyft-only riders  —  Customers are shopping between the two ride-hail leaders and taking the car with the better price.  —  Ride-sharing customers are becoming less loyal.
Benjamin Mayo / 9to5Mac:
A security researcher who has shared iOS flaws before demos a macOS Keychain exploit, won't share details with Apple because of the lack of a macOS bug bounty  —  Security researcher Linuz Henze has shared a video demonstration of what is claimed to be a macOS Mojave exploit to access passwords stored in the Keychain.
Zack Whittaker / TechCrunch:
Report: some iPhone apps use Glassbox's analytics SDK to record in-app user interactions without permission, and recordings sometimes don't mask sensitive data  —  And there's no way a user would know  —  Many major companies, like Air Canada, Hollister and Expedia, are recording every tap and swipe you make on their iPhone apps.
Nico Grant / Bloomberg:
Inside Oracle's ad software arm Data Cloud, built with ~$3B of acquisitions since 2014, that has reported disappointing financials and seen layoffs  —  Oracle Corp. has spent five years and billions of dollars getting really good at following people around the internet.
Ryan Felton / Consumer Reports:
Survey of 110 hospitals and five agencies from 47 US cities: 1,500+ e-scooter-related injuries since late 2017; quick spread of e-scooters surprised some cities  —  A Consumer Reports investigation finds 1,500 e-scooter injuries across the country, and many hospitals still don't track them
Motherboard:
Inside the illicit world of “iCloud unlocking”, where cybercriminals trick iPhone owners or Apple staff into removing iCloud accounts to resell iPhones  —  In a novel melding of physical and cybercrime, hackers, thieves, and even independent repair companies are finding ways to “unlock iCloud” from iPhones.
Patrick Howell O'Neill / Gizmodo:
If Reddit lands a $150M Tencent investment, they'd make strange bedfellows: Tencent helps build the Great Firewall; Reddit's product, banned in China, is speech  —  Who really thinks about where the money is coming from as long as you get the money?  —  Reddit is about to get a huge new round …

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This is a Techmeme archive page. It shows how the site appeared at 3:15 AM ET, February 7, 2019.

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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

New York Times:
Sources: California is preparing to file a lawsuit to block Paramount's WBD merger as soon as this week, joined by New York, WA, CT, and possibly other states

Brooks Barnes / New York Times:
Lionsgate's Michael crosses $1B at the global box office, its first film to reach the milestone, per Rentrak, reviving Hollywood's last major independent studio

More News

Earlier Picks

Manish Singh / VentureBeat:
WhatsApp says it bans about 2M fake or abusive accounts each month, 75% of them without manual intervention, 20% of them at the time of registration itself
BuzzFeed News:
A story of two hackers, both US citizens and ex-members of UGNazi hacking group, who allegedly deceived and murdered one hacker's girlfriend in the Philippines
Apple:
Angela Ahrendts to leave Apple in April after five years, as Apple names 30-year company veteran Deirdre O'Brien SVP of Retail + People reporting to Tim Cook
Jeremy Burge / Emojipedia:
Unicode Consortium finalizes its emoji list for 2019, including 230 new emojis like “yawning face” and “pinching hand”, likely coming to major platforms soon
Robert Hackett / Fortune:
Zcash discloses a flaw, first discovered in-house last March and fixed in October, that may have allowed “infinite” counterfeiting
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