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January 30, 2020, 10:15 AM
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| Charlie Osborne / ZDNet: |
Avast will shut down its marketing subsidiary Jumpshot following controversy over selling user data to third parties — Avast's CEO said the move is “absolutely the right thing to do.” — Avast is winding down its subsidiary Jumpshot following an explosive investigation into the sale …
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VentureBeat, Avast EN, Forbes, CNET, Reuters, Forrester, Yahoo Finance, Tom's Guide, Engadget, Slashdot, TidBITS, and BetaNews
Tweets: @ron_n, @sosowski, @joshis_tweets, @martijn_grooten, @mikko, @edbott, @dylanljmartin, @iblametom, and @wolfiechristl
| 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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Facebook: Mark Zuckerberg. Tweets: @joshconstine, @kashhill, @sarahfrier, @mjb_sf, @cpen, @mikeisaac, @joshconstine, @mattrosoff, @thekenyeung, @joshconstine, @danielnewmanuv, @hoarsewisperer, @mikeisaac, @slpng_giants, @kantrowitz, @sarahfrier, @scobleizer, @twadhwa, @profgalloway, @thekenyeung, @thekenyeung, @thekenyeung, @mattrosoff, and @tonyromm
| Josh Constine / TechCrunch: |
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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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ZDNet, The Verge, GeekWire, Bloomberg, cloudcomputing-news.net, CNBC, Reuters, coinspeaker.com, PYMNTS.com, Associated Press, Ars Technica, GameSpot, Business Insider, OnMSFT.com, CNN, SiliconANGLE, Wccftech, Windows Central, VentureBeat, Yahoo Finance, MSPoweruser, Financial Post, Investing.com, MarketWatch, ZDNet, Thurrott, and TechCrunch
Tweets: @zhugeex, @tomwarren, @tomwarren, @markhachman, @zhugeex, @seamusblackley, @benjisales, @zhugeex, @bdsams, @fxshaw, @bdsams, @daniel_rubino, @fxshaw, and @mattrosoff
| Emil Protalinski / VentureBeat: |
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Tweets: @epro, @tomwarren, @nextgenplayer, @pearltearizzy, @nextgenplayer, @dr_1up, @epro, @alexdnz, and @patrickmoorhead
| Wall Street Journal: |
Apple hired one of Netflix's top engineers in strategy to staff up the technical team supporting its newly launched TV+ subscription services — Apple Inc. AAPL 2.89% recently hired one of Netflix Inc.'s NFLX -1.87% top engineers, part of a broader strategy to build out the technical team supporting …
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Business Insider, The Mac Observer, PYMNTS.com, BGR, AppleInsider, and Silicon Valley Business …
Tweets: @wsj and @mgsiegler
| 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| Eun-Young Jeong / Wall Street Journal: |
Samsung reports weak Q4 earnings from low memory chip sales as net profit slumps to $4.4B, down 39% YoY, on revenue of $50.52B, up 1.1% YoY — Company reports weak fourth-quarter earnings from low memory-chip sales — SEOUL—Samsung Electronics Co. reported a 39% drop in fourth-quarter net profit …
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Tweets: @wolfmetric, @andreif7, and @journeydan
| 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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Threatpost, ZDNet, Input, Axios, Business Wire, The Daily Dot, The Next Web, Reuters, Mashable, CNET, infosecurity-magazine.com, and Inverse
Tweets: @sivavaid, @johnbattelle, @aclu, @azeem, @peopleslawchi, @carolineha_, @alecstapp, @realkylemorris, @lucyparsonslabs, @suntimes, and @acluofil
| Ryan Houlihan / Input: |
Imran Chaudhri and Bethany Bongiorno, key members of the original iPad team, on the early days of the project and their regrets about how the iPad has evolved — Ten years ago, Apple introduced one of the most influential products of the company's modern era: the iPad.
Tweets: @bzamayo
| Dean Takahashi / VentureBeat: |
Nintendo says Switch passed SNES in lifetime sales with 52M+ sold, reports sales of $9.39B and net profit of $1.8B for the nine months ended in December — Nintendo said it is upgrading its forecast for profits in the fiscal year ending March 31, thanks to strong sales of the Nintendo Switch and games that run on it.| 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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Reuters, ZDNet, Engadget, The Verge, MacDailyNews, TechRadar.com, Seeking Alpha, SlashGear, iDownloadBlog.com, iMore, MacRumors, Law360, and 9to5Mac
Tweets: @markgurman and @business
| The Information: |
Source: Apple has terminated AI startup Xnor.ai's involvement in the Pentagon's Project Maven after its recent acquisition of the startup — Big technology companies like Microsoft, Amazon and Google have jockeyed to secure lucrative contracts supplying their products and services to the military.
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9to5Mac, iDownloadBlog.com, GeekWire, and Patently Apple
Tweets: @marywareham, @kateconger, @nickwingfield, @amir, and @jessicalessin
| 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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The Verge, Flexibits, Six Colors, The Loop, iPhone Hacks, Michael Tsai, and MacRumors
Tweets: @viticci, @viticci, @apollozac, and @viticci
| 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 … | Ingrid Lunden / TechCrunch: |
Spatial, which develops a 3D “holographic” collaboration platform, raises $14M Series A led by WhiteStar Capital, iNovia, and Kakao Ventures — The worlds of virtual and augmented reality have yet to land on the applications and hardware to truly spark mass-market … | 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 …
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ACM Digital Library, The Next Web, and Tubefilter
Tweets: @baxterkb, @oliverdarcy, @leighzus, @ffrafaction, @fredbenenson, @fightextremism, @marietjeschaake, @jason_kint, and @kevinroose
| Sean Gallagher / Ars Technica: |
Maze ransomware ring has dumped stolen data from about 25 companies online and has threatened full dumps as leverage against victims who don't pay the ransom — Maze operators “gift” Pensacola by removing data dump, but others not so lucky. — The Maze ransomware ring has taken extortion … | Annie Musgrove / Tech.eu: |
SimScale, which offers cloud-based computer-aided engineering simulation software, raises €27M Series C led by Insight Partners — SimScale, the Munich-based SaaS startup, has raised €27 million in Series C funding to grow its cloud-based engineering simulation tool.
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FinSMEs and Business Wire
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