| @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.| 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.| Emily Stewart / Vox: |
| Apple: |
| Lauren Feiner / CNBC: |
Apple Q4 iPhone revenue was $33.36B, down 9% YoY, but beating analyst estimates of $32.42B and up from fiscal Q3 revenue of $25.99B — - Apple is planning to release a 5G iPhone line that is expected to drive up sales, Nikkei Asian review reported earlier on Wednesday.| Kif Leswing / CNBC: |
Tim Cook suggests iPhone upgrade plans are akin to the idea of a “prime subscription” and says Apple sees it as a major growth area — - Some investors want Apple to sell its iPhone on a subscription basis to shift more of Apple's revenue from transactional sales to recurring revenue.| Chance Miller / 9to5Mac: |
| FireEye: |
FireEye: Chinese state-backed hacker group APT41 is using malware called MESSAGETAP to parse and save SMS traffic from a telecom's network at scale — FireEye Mandiant recently discovered a new malware family used by APT41 (a Chinese APT group) that is designed to monitor and save SMS traffic … | 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.| Canalys: |
Canalys: Huawei shipped 41.5M smartphones in China in Q3, up 66% YoY, growing its country marketshare to 42% from 25% last year — The China (mainland) smartphone market improved sequentially in Q3 2019 as shipments reached 97.8 million, from 97.6 million units in Q2.</a> China is still shrinking … | 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| Bloomberg: |
Sources: Alibaba is deciding whether to launch a reduced $10B Hong Kong IPO in November or wait until next year, as global economic uncertainty mounts — - Its required Hong Kong listing hearing is still pending — The company is pondering when to launch its mega listing| 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 … | 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.| Josh Barro / New York Magazine: |
A look at how US airports like LAX and O'Hare are trying to solve congestion caused by ride-hailing pickups by experimenting with ideas like PIN-based pickup — Earlier this month, I landed at McCarran Airport in Las Vegas and got out my phone to call an Uber.| Kevin Townsend / SecurityWeek: |
| Facebook: |
| Drew Harwell / Washington Post: |
| Reuters: |
Sources: senior government and military officials in at least 20 countries, including US allies, were among the known targets of NSO Group's WhatsApp malware — WASHINGTON (Reuters) - Senior government officials in multiple U.S.-allied countries were targeted earlier this year with hacking software … | Andy Greenberg / Wired: |
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| Kate Conger / New York Times: |
| Mike Isaac / New York Times: |