Techmeme
October 24, 2019, 5:15 PM

Top News

Ingrid Lunden / TechCrunch:
Twitter misses Q3 estimates with revenue of $823.7M, up 9% YoY vs. $874M expected; 145M monetizable DAUs, up 17% YoY; stock closes down 20%+  —  Twitter today reported its earnings for the quarter that ended September 30, and the numbers delivered a big surprise, falling on both sales and earnings per share.
Megan Graham / CNBC:
Twitter says some users will start seeing more ads after it changed its historical approach of showing fewer ads to users with high follower counts  —  - Twitter's third-quarter earnings were marred by issues in a product that advertisers use to market mobile apps.
Washington Post:
Senate Minority Leader Chuck Schumer and Senator Tom Cotton ask US intelligence officials to determine whether TikTok poses “national security risks”  —  Two senior members of Congress, Senate Minority Leader Charles E. Schumer (D-N.Y.) and Sen. Tom Cotton (R-Ark.) …
Ana Swanson / New York Times:
Benjamin Mayo / 9to5Mac:
Apple TV app launches on Amazon Fire TV devices starting with the Fire TV Stick 4K and HD models, with support for other devices and models coming soon  —  Apple today released the Apple TV app for Amazon TV devices, starting with the Amazon Fire TV Stick 4K and the older HD model.
Amazon:
Amazon Q3: $70B revenue, up 24% YoY, net income of $2.1B, down from $2.9B in Q3 2018, AWS revenue of $9B, up from $6.7B in Q3 2018; stock down 7%+ after hours  —  SEATTLE—(BUSINESS WIRE) October 24, 2019—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2019.
Brendan Sinclair / GamesIndustry.biz:
As Google opens its first gaming studio in Montreal, head of Stadia Jade Raymond discusses its strategy, including building several first-party studios  —  As Google unveils new Montreal development studio, Stadia Games & Entertainment boss Jade Raymond discusses the platform strategy
Paris Martineau / Wired:
New report says the proliferation of right-wing content on YouTube is driven by both supply and demand rather than the platform's recommendation algorithm  —  In a new report, Penn State political scientists say that it's not the recommendation engine, but the communities that form around right-wing content.
Lauren Kaori Gurley / VICE:
Forty music festivals including SXSW, Coachella, and Bonnaroo promise they will not use facial recognition tech, following a musician- and activist-led campaign  —  Activists declare the first major victory against the spread of commercial facial recognition technology in the United States.
Peter Kafka / Vox:
Facebook to pay some news partners as much as $3M a year for appearing in its news tab, to be available as a test Friday for a couple hundred thousand US users  —  Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building …
Jim Baker / Lawfare:
Former FBI general counsel explains why US law enforcement needs to embrace encryption to protect the country against existential cybersecurity threats  —  I. Embrace Reality and Deal With It  —  From 2012 to 2014, I worked for Bridgewater Associates, a hedge fund located in Connecticut.
Ingrid Lunden / TechCrunch:
Fair.com, a flexible car ownership marketplace valued at $1.2B that raised $500M from Softbank and others, says it is laying off 40% of its staff  —  As the market continues to turn against the wave of highly valued, venture-backed startups operating with little end in sight to their huge losses …
More: socalTECH.comTweets: @brianmcc and @saraashleyo
Jay Peters / The Verge:
AT&T says a weeks-long voicemail outage affecting some customers across the country is due to a software update, promises a patch but offers no timetable  —  It's telling a different story elsewhere  —  AT&T has been experiencing a weeks-long voicemail outage affecting some customers across the country.
BBC:
BBC News launches dark web mirror of its international site, accessible via Tor, as it seeks to thwart censorship from states such as China, Iran, and Vietnam  —  The BBC has made its international news website available via Tor, in a bid to thwart censorship attempts.
iFixit News:
Microsoft Surface Laptop 3 (15") teardown: seems pretty repairable with an easily accessible SSD, but there's one big drawback: its battery is firmly glued down  —  Teardown of the Surface Laptop 3 reveals a shocking turnaround in repairability on what used to be our least-favorite laptop design.

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Tony Romm / Washington Post: