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October 31, 2019, 11:00 AM
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| @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...🧵
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Wired, The Verge, Washington Post, Business Insider, The Guardian, Washington Post, CNBC, Inquirer, Bloomberg, MIT Technology Review, Axios, AdExchanger, Politico, ZDNet, VICE, TechSpot, Inc42 Media, MediaNama, International Business Times, Android Central, SiliconANGLE, Silicon Republic, NPR, The Daily Dot, The Mac Observer, BuzzMachine, Adweek, VentureBeat, Gizmodo, Quartz, Fast Company, CNN, Digital Trends, Firstpost Tech, and Neowin
Facebook: Senator John S. McCollister. Tweets: @jack, @jack, @aoc, @jack, @jack, @jack, @jack, @hillaryclinton, @jack, @nedsegal, @jack, @jack, @jack, @mcclure111, @mcclure111, @kurtwagner8, @stevekovach, @snowden, @alexstamos, @nickconfessore, @benthompson, @danriffle, @benedictevans, @jonlovett, @kirstinestewart, @mathewi, @tpcarney, @manvsgame, @michelleinbklyn, @sarahfrier, @b_fung, @jeffjarvis, @alexstamos, @alexstamos, @carolecadwalla, @oneunderscore__, @kt_so_it_goes, @jimwaterson, @randfish, @pinboard, @epro, @mikeisaac, @panzer, @jason_kint, @laguarda, @zeynep, @kurtwagner8, @panzer, @panzer, @panzer, @danprimack, @sarafischer, @laurengoode, @sarafischer, @joshsternberg, @mikeisaac, @kateconger, @jbenton, @stevekovach, @shiraovide, @b_fung, @rmac18, @kifleswing, @bcmerchant, and @davepell
| 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.
More:
New York Times, Axios, TechCrunch, The Guardian, Telegraph, IT PRO, Bloomberg, Social Media Today, Business Insider, and Engadget
Tweets: @richlightshed and @kantrowitz
| 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: |
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
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International Business Times, GeekWire, Reuters, 9to5Mac, VentureBeat, Seeking Alpha, 9to5Mac, CNET, AppleInsider, iDownloadBlog.com, Coinspeaker, Inquirer, 9to5Mac, Engadget, Firstpost Tech, Cult of Mac, Softpedia News, WRAL TechWire, iPhone Hacks, Six Colors, Mashable, Ars Technica, Tom's Guide, Philip Elmer‑DeWitt, MacRumors, ZDNet, Macworld, and iMore
Tweets: @macrumors, @neilcybart, @benbajarin, @cnbcnow, @cnet, @stephennellis, @stephennellis, @stephennellis, @neilcybart, @mrinaldesai, and @stevesi
| 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: |
More:
Macworld, CNBC, ZDNet, Cult of Mac, SiliconANGLE, Pocket-lint, Digital Trends, and MacRumors
Tweets: @mgsiegler, @kifleswing, @nithin, @jonyiveparody, and @iankar_
| 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.| 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.| 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 …
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CNBC, AdExchanger, Coinspeaker, Financial Times, Business Insider, and Yahoo Finance
Facebook: Mark Zuckerberg. Tweets: @sarahfrier, @mcwm, @ianbassin, @mikeisaac, @mollywood, @qwongsj, and @sarahfrier
| 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
More:
VentureBeat, IGN, Telegraph, GeekWire, GameSpot, Engadget, Yahoo News, The Verge, and Kotaku
| 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 …
Tweets: @sarahnemerson, @joshelman, @ozm, and @anrao
| 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| Kevin Townsend / SecurityWeek: |
Report: 21M stolen credentials from global Fortune 500 organizations were found for sale on the dark web, 16M of which were compromised in the last 12 months — There have been many studies and investigations into the number of stolen credentials available on the dark web.
| 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 … | 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.
More:
Business Insider, The Guardian, and Los Angeles Times
| 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 …
More:
Wall Street Journal, BBC, The Verge, Fortune, and TechNode
Tweets: @senrickscott and @business
| 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.
Tweets: @gvanrossum and @drewhouston
| 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 …
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