| @jack: |
| Josh Constine / TechCrunch: |
In an earnings call, Mark Zuckerberg defends Facebook's political ads policy, estimates ads from politicians will be less than 0.5% of company's revenue in 2020 — As Jack Dorsey announced his company Twitter would drop all political ads, Facebook CEO Zuckerberg doubled-down on his policy of refusing to fact check politicians' ads.| Emily Stewart / Vox: |
Jack Dorsey's announcement that Twitter will cut out political ads increases the pressure on Facebook and Mark Zuckerberg to follow suit — Twitter CEO Jack Dorsey announced his company is no longer going to allow political advertising on its platform. David Becker / Getty Images| Casey Newton / The Interface: |
Twitter's political ad ban will run into enforcement issues on defining issue ads and possibly disadvantage lesser-known or nontraditional candidates — If you've ever wondered about the value of having multiple social networks competing to develop the best products and policies, Wednesday offered us a clear example.| Apple: |
| Chance Miller / 9to5Mac: |
Tim Cook says Apple Pay transactions more than doubled YoY to 3B+ transactions in Q4, exceeding PayPal's volume and growing 4x faster — Apple Pay has been growing at a brisk pace recently, and Tim Cook is making a point to emphasize that fact. During Apple's Q4 2019 earnings call today … | Chance Miller / 9to5Mac: |
Tim Cook says Apple Card users will soon be able to finance iPhone purchases over 24 months with zero interest — Apple CEO Tim Cook announced today that Apple Card will soon be adding a new feature for iPhone financing. Starting later this year, Apple Card users will be able to finance iPhone purchases with 0 percent interest.| Lauren Feiner / CNBC: |
| Steven Musil / CNET: |
Samsung posts Q3 operating profit of $6.6B, down 56% YoY, on revenue of $53B, while the revenue from its mobile division grew 17.4% YoY to ~$25.2B — Samsung was hit hard in its third quarter by the slowdown in tech. The company on Wednesday reported a steep drop in operating profit amid ongoing weakness in the chip industry.| Facebook: |
| Jager McConnell / Crunchbase: |
Crunchbase, a platform for finding business information about private and public companies, raises $30M Series C led by Omers Ventures — We are excited to share that Crunchbase just closed a $30 million dollar Series C funding round led by OMERS Ventures.| Pavel Alpeyev / Bloomberg: |
Nintendo beats estimates in Q2 with sales of 4.8M Switch consoles, up 50% YoY, and operating income of ~$615M on revenue of ~$2.5B — - Switch sales climb 50% from a year ago to 4.8 million units — Nintendo sticks with conservative full-year earnings outlook| Eric Newcomer / Bloomberg: |
Interior Department is grounding its fleet of 800+ aerial drones, one of the largest in the federal government, concerned about risk from Chinese manufacturers — The decision comes after pressure from lawmakers — The the federal agency responsible for maintaining America's vast federal lands … | Kevin Townsend / SecurityWeek: |
| Casey Newton / The Verge: |
Cognizant, which provides content moderation services for Facebook, Google, and Twitter, says it'll exit the business in 2020 after completing current contracts — Moderators complained of filthy offices and severe mental health strain — The professional services firm Cognizant will exit … | Andy Greenberg / Wired: |
Legal experts analyze WhatsApp's options in its case against NSO Group, over sending malware to WhatsApp users, which they say will be an uphill battle — The Facebook-owned messaging company is taking on a notorious malware vendor in what could be an uphill battle.| Sarah Emerson / OneZero: |
An investigation into the supply chain of AmazonBasics batteries shows how Amazon masks its private label operations through a discreet network of outsourcing — One of Amazon's smallest and most popular products has a surprisingly large footprint — heard the “pop!” from my living room … | Steve O'Hear / TechCrunch: |
Freetrade, which offers commission-free stock investing in the UK, raises $15M Series A led by Draper Esprit — Freetrade, the U.K. challenger stockbroker that offers commission-free investing, has closed $15 million in Series A funding. The round includes a $7.5 million investment from Draper Esprit … | Dropbox Blog: |
Dropbox says Guido van Rossum, the creator of Python, is leaving the company after six and a half years and heading into retirement — After six and a half years, Guido van Rossum, the creator of Python, is leaving Dropbox and heading into retirement. From the beginning, we knew Guido would be a great addition to our company.| Mike Isaac / New York Times: |
Two men plead guilty in federal court to hacks in 2016 of Uber and Lynda.com and subsequent extortion, saying they used employee AWS accounts to gain access — Guilty pleas to charges of hacking and an extortion conspiracy cap a legal saga that ensnared the tech companies in data breach scandals.| Tim Hardwick / MacRumors: |
Report: Apple will use Qualcomm's X55 5G modem in all three 2020 iPhones — Apple's 2020 iPhones will all use Qualcomm's newest and fastest 5G-capable modem chip, claims a new report out of Asia today. — Apple is expected to launch three iPhones next year in 5.4-inch, 6.1-inch, and 6.7-inch sizes.
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