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January 29, 2020, 11:25 PM
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| Facebook: |
Facebook reports Q4 revenue of $21.1B, up 25% YoY, and net income of $7.4B, up 7% YoY; DAUs rose 9% YoY to 1.66B, MAUs rose 8% YoY to 2.5B; stock drops 5%+ — Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2019.
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The Guardian, CNBC, CNET, Forbes, Barron's Online, SiliconANGLE, PYMNTS.com, The Wrap, Bloomberg, Variety, Axios, and ZDNet
Facebook: Mark Zuckerberg. Tweets: @joshconstine, @kashhill, @danielnewmanuv, @twadhwa, @mjb_sf, @sarahfrier, @cpen, @mikeisaac, @joshconstine, @mattrosoff, @thekenyeung, @joshconstine, @thekenyeung, @tonyromm, @hoarsewisperer, @mikeisaac, @slpng_giants, @kantrowitz, @sarahfrier, @scobleizer, @thekenyeung, @mattrosoff, @profgalloway, and @thekenyeung
| Josh Constine / TechCrunch: |
Facebook Q4 profits grew 7% YoY, compared to growth of 61% a year ago, while expenses of $12.2B were up 34% YoY as headcount grew 26% to 44,942 — Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price. Facebook reached 2.5 billion monthly users …
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Reuters, Silicon Valley Business …, The Verge, Windows Central, and Social Media Today
Tweets: @joshconstine and @joshconstine
| Microsoft: |
Microsoft Q2: revenue of $36.9B, up 14% YoY, net income of $11.6B, up 38% YoY; Commercial Cloud revenue up 39% YoY to $12.5B; Office 365 Consumer subs hit 37.2M — Microsoft Commercial Strength Powers Second Quarter Results REDMOND, Wash. — January 29, 2020 — Microsoft Corp. today announced …
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The Verge, GeekWire, Ars Technica, Business Insider, CNBC, Reuters, CNN, SiliconANGLE, Yahoo Finance, MSPoweruser, GameSpot, ZDNet, Financial Post, Investing.com, Thurrott, OnMSFT.com, VentureBeat, MarketWatch, Windows Central, Wccftech, TechCrunch, Business Insider, and Yahoo Finance
Tweets: @zhugeex, @tomwarren, @tomwarren, @markhachman, @zhugeex, @mattrosoff, @seamusblackley, @benjisales, @zhugeex, @bdsams, @fxshaw, @bdsams, @daniel_rubino, and @fxshaw
| Emil Protalinski / VentureBeat: |
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ZDNet, Windows Central, Business Insider, Patently Apple, MSPoweruser, and Gamasutra
Tweets: @epro, @tomwarren, @nextgenplayer, @nextgenplayer, @dr_1up, @epro, @alexdnz, and @patrickmoorhead
| New York Times: |
Facebook agrees to pay $550M to settle a class action suit over Illinois biometric law violations for tagging users in photos, after SCOTUS rejected its appeal — It was another black mark on the privacy record of the social network, which also reported its quarterly earnings.
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The Verge, Input, Chicago Sun-Times, Axios, CNET, Reuters, The Seattle Times, Mashable, Business Wire, and Inverse
Tweets: @realkylemorris, @peopleslawchi, @carolineha_, @lucyparsonslabs, @suntimes, @alecstapp, and @acluofil
| Joe Rossignol / MacRumors: |
Kuo outlines Apple's H1 2020: 4.7" iPhone, “AirTags” trackers, smaller wireless charging mat, high-end headphones, and refreshed iPad Pro, MacBook Pro or Air — Apple plans to release several new products in the first half of 2020, including Ultra Wideband tags …
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9to5Mac, The Next Web, TechRadar.com, Business Insider, iDownloadBlog.com, Cult of Mac, Input, TechSpot, CNET, Neowin, Pocketnow, Digital Trends, iPhone Hacks, MSPoweruser, SlashGear, BGR, Tom's Guide, and iMore
Tweets: @tomgara, @nicnguyen, @laurengoode, @bzamayo, and @joannastern
| Emma Court / Bloomberg: |
Practice Fusion, which offers free, ad-supported health records software to doctors, agrees to pay $145M DOJ fine for its role in boosting opioid prescriptions — - Practice Fusion ensured that addictive drugs were on the menu — 'It's evil. There's really no other word for it,' doctor says| Bloomberg: |
California court orders Apple to pay $838M and Broadcom to pay $270M for infringing California Institute of Technology patents on Wi-Fi transmissions — Apple Inc. and Broadcom Inc. must pay $1.1 billion in damages for infringing California Institute of Technology patents on Wi-Fi transmissions, a jury in California ordered.
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The Verge, iMore, MacRumors, 9to5Mac, SlashGear, iDownloadBlog.com, and Law360
Tweets: @markgurman and @business
| Katy Stech Ferek / Wall Street Journal: |
US Interior Department introduces a no-fly rule for its ~800 drones that were made in China or have Chinese parts, with some exceptions, amid espionage concerns — Order reflects concern that data collected ‘could be valuable to foreign entities’ — WASHINGTON—Interior Department officials plan …
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CyberScoop, SiliconANGLE, TechCrunch, Ars Technica, CNET, The Verge, U.S. Department …, and Gizmodo
Tweets: @rikefranke, @jchengwsj, @shanvav, @katystech, and @emptywheel
| Emil Protalinski / VentureBeat: |
Google says in 2019 its bug bounty program paid 461 security researchers $6.5M, up from $3.4M to 317 researchers in 2018 — Google today announced it has paid out over $21 million since launching its bug bounty program in November 2010. In the past year alone, the company distributed $6.5 million …
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Google Online Security Blog, Tom's Hardware, Threatpost, Android Police, TechSpot, Wccftech, Input, and ZDNet
Tweets: @campuscodi and @ryanaraine
| Zac Hall / 9to5Mac: |
Fantastical, a popular calendar app for iOS and macOS, switches to a subscription model to unlock new premium features like Calendar Sets and weather forecasts — Admit it, you've lost track of how many years it's been since you paid for Fantastical. The answer could be as long ago as 2013 …
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MacStories, Flexibits, Six Colors, MacRumors, Yahoo Finance, Michael Tsai, iPhone Hacks, The Loop, The Verge, TechCrunch, and iDownloadBlog.com
Tweets: @viticci, @apollozac, @viticci, and @viticci
| Ben Parker / The New Humanitarian: |
Report: UN did not tell the public nor its general staff about a hacking attack into its IT systems from last July, despite staff records being compromised — About this investigation: … GENEVA — The UN did not publicly disclose a major hacking attack into its IT systems in Europe … | Shara Tibken / CNET: |
Apple addresses Wuhan coronavirus concerns, offers wider than usual Q2 revenue estimates, says it closed one retail store in China, slightly delayed production — Apple has suppliers in the Wuhan area of China, and it has taken precautions like closing one store in China and reducing hours at other retail locations.| Michael Potuck / 9to5Mac: |
| Natasha Lomas / TechCrunch: |
Study that looked at 72M YouTube comments across 330,925 videos finds evidence of radicalization effect on users that leads them to extreme far-right content — Research presented at the ACM FAT 2020 conference in Barcelona today supports the notion that YouTube's platform is playing a role …
More:
ACM Digital Library and Tubefilter
Tweets: @oliverdarcy, @leighzus, @jason_kint, @ffrafaction, @fredbenenson, @kevinroose, @fightextremism, and @marietjeschaake
| Matina Stevis-Gridneff / New York Times: |
Despite US pressure, the EU told member states they should limit “high risk” 5G vendors, like Huawei, but did not recommend a total ban — The bloc's experts suggested members limit and monitor the involvement of “high-risk” vendors as they invest in next-generation mobile communications infrastructure.
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Reuters, The Verge, Wired, Digital Single Market, CNN, Engadget, CNET, Android Headlines, TechCrunch, Thurrott, Fortune, and Reuters
| Kate Fazzini / CNBC: |
In a first, US DOJ is seeking court approval to take enforcement action against several telecom operators for facilitating robocalls — - The U.S. Justice Department announced its first-ever enforcement action against telecommunications companies over robocalls, the agency announced Tuesday.| Natalie Gagliordi / ZDNet: |
PayPal reports Q4 revenue of $4.96B up 17% YoY, with total payment volume up 22%; Venmo's userbase reached 52M and processed payments grew to $29B, up 56% YoY — The company also announced that Venmo's active user based sits at 52 million. — PayPal beat estimates for its fiscal fourth quarter …
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PayPal, Inc., Reuters, MarketWatch, and Bloomberg
| Foo Yun Chee / Reuters: |
Sources: EU is preparing rules on data interoperability and cross-border use to create a single market in data aimed at challenging the dominance of big tech — BRUSSELS (Reuters) - The European Union wants to create a single market in data aimed at challenging the dominance of tech giants such as Facebook …
Tweets: @mpmboevink
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