Techmeme
October 31, 2019, 11:00 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...🧵
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:
Kara Swisher / New York Times:
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:
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 …
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 …
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 …
Steve O'Hear / TechCrunch:
Namogoo, which helps e-commerce sites prevent unauthorized ad injections that attempt to divert customers to competitors, raises $40M Series C led by Oak HC/FT  —  Namogoo, the Herzliya, Israel-based company that has developed a solution for e-commerce and other online enterprises to prevent …
More: Reuters

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