Techmeme
October 31, 2019, 8:25 AM

Top News

@jack:
[Thread] Twitter will stop accepting all political and issue ads on its platform globally starting on November 22  —  We've made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons...🧵
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
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.
Kara Swisher / New York Times:
Dorsey's political ad ban is a worthy dare to all social networks that have become hostage to abuse and manipulation, with their growth-at-all-costs mentality  —  Twitter will no longer allow political advertising, a move that places Twitter and Jack Dorsey in stark contrast to Facebook and Mark Zuckerberg.
Apple:
Apple reports Q4 revenue of $64B, up 2% YoY, of which $51.5B came from products and $12.5B from services; Q1 2020 revenue expected to be $85.5B-$89.5B  —  Services Revenue Reaches All-Time High of $12.5 Billion  —  EPS Sets New Fourth Quarter Record of $3.03
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.
Facebook:
Facebook reports Q3 revenue of $17.7B, up 29% YoY; DAUs rose 9% YoY to 1.62B as MAUs rose 8% YoY to 2.45B; headcount increased 28% YoY to 43,030  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended September 30, 2019.  —  “We had a good quarter and our community …
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.
New York Times:
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.
Kate Conger / New York Times:
Lyft reports Q3 revenue of $955.6M, up 63% YoY, adjusted net loss of $121.6M, compared to $245.3M last year, beating estimates, and raises 2019 revenue guidance  —  SAN FRANCISCO — Lyft on Wednesday emphasized a new mantra — profitability — over and over again.
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.

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Zoho:
Empowering the frontline  —  Your frontline employees are the face of your brand.  But are they feeling undervalued and out of the loop?  Here are the key takeaways to bridge the gap and empower your frontline …
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
The Kevin Rose Show:
Gavin Purcell & Kevin Pereira, The Future of AI (#55)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Fri. 05/03 - Apple Earnings Underline Their Predicament
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:25 AM ET, October 31, 2019.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Jessica Huseman / ProPublica:
Alex Danco:

Earlier Picks

BBC: