Techmeme
October 30, 2020, 1:25 PM

Top News

Jeremy Horwitz / VentureBeat:
Apple's international sales were 59% of Q4 revenue but were down 28.6% YoY in China to $7.95B, likely due to the delayed arrival of new iPhones  —  While 2020 won't be remembered fondly in history books, it has been quite good for Apple, which is ending its fiscal 2020 with record revenues for three of its four quarters.
Apple:
Apple reports Q4 revenue of $64.7B, up from $64.0B YoY, of which $50.1B came from products, $14.5B from services, and net income of $12.7B; stock down 5%+  —  Company revenue sets September quarter record Services and Mac revenue reach new all-time high  —  Apple today announced financial results …
Wesley Hilliard / AppleInsider:
Apple will launch the Apple One subscription bundle on October 30, with Fitness+ launching later in the quarter  —  Apple will launch the Apple One subscription bundle on October 30, with Fitness+ launching later in the quarter, according to Apple's CFO Luca Maestri.
Elena Schneider / Politico:
Biden campaign says Facebook blocked thousands of its ads approved prior to Facebook's ban; Facebook blames advertisers' misunderstanding and a technical glitch  —  Biden's campaign said ads that had previously been approved by the tech giant have been erroneously removed.
IDC:
353.6M smartphones shipped in Q3 2020, with Samsung shipping 80.4M up 2.9% YoY, Huawei 51.9M, down 22%, Xiaomi 46.5M, up 42%, and Apple 41.6M, down 10.6%  —  FRAMINGHAM, Mass., October 29, 2020 -The worldwide smartphone market showed signs of improvement in the third quarter of 2020 (3Q20) …
Steve Dent / Engadget:
Samsung launches SmartThings Find app to track down lost Galaxy devices, works with Galaxy phones, tablets, Buds, Watches, and more  —  Smartphones and other devices are so intertwined with our lives that losing one can be traumatic.  To that end, Samsung has unveiled SmartThings Find …
Facebook:
Facebook Q3: $21.47B revenue, up 22% YoY, net income $7.85B, up 29% YoY, as DAUs rise 12% YoY to 1.82B, MAUs rise 12% YoY to 2.74B  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended September 30, 2020.  —  “We had a strong quarter as people and businesses continue …
Ted Johnson / Deadline:
Alphabet:
Salvador Rodriguez / CNBC:
Instagram says it will temporarily remove the “Recent” tab from hashtag pages to reduce the spread of misinformation leading up to the US election  —  - Instagram announced it will temporarily remove the recent tab from hashtag pages to reduce the spread of misinformation in the lead up to the U.S. election.
Abner Li / 9to5Google:
Google adds a free VPN service for users of its 2TB plan on Google One, rolling out first to US Android users, with more countries, iOS and web to follow  —  Back in July, Google's storage subscription service made phone backups free on Android and announced plans for iOS.
Natasha Lomas / TechCrunch:
UK's ICO reduces Marriott fine for a 2014 data breach, in which 339M Starwood hotels guest records were affected, from £99M to £14.4M  —  The UK's ICO has reduced the size of a data breach penalty for hotel business Marriott — dropping it to £14.4 million (~$23.8M) …
Amazon.com, Inc.:
Amazon reports Q3 revenue of $96.15B, net sales increase of 37% YoY, net income of $6.3B, up from $2.1B YoY, and AWS net sales of $11.6B, up 29% YoY  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2020.

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Earlier Picks

Dean Takahashi / VentureBeat:
Michael del Castillo / Forbes:
Lauren Feiner / CNBC:
Julia Alexander / The Verge:
New York Times: