Techmeme
October 29, 2020, 5:30 PM

Top News

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 3%+  —  Company revenue sets September quarter record Services and Mac revenue reach new all-time high  —  Apple today announced financial results …
Julia Alexander / The Verge:
Netflix increases pricing for standard plan by $1 to $14/month and premium tier by $2 to $18/month; basic plan will remain $9/month  —  The basic plan will remain $9 a month  —  Netflix is introducing price hikes for its US subscribers today, increasing its standard plan to $14 a month and its premium tier to $18 a month.
Alphabet:
Alphabet reports Q3 revenue of $46.17B, up 14% YoY, net income of $11.25B, from $7.07B YoY, Other Bets operating loss grew to $1.10B, stock up 4%+  —  'MOUNTAIN VIEW, Calif. - October 29, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2020.
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.
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 …
Christopher Bing / Reuters:
Cybersecurity experts say FBI is investigating Ryuk ransomware attacks on more than two dozen US hospitals, and officials warned hospitals to back up systems  —  WASHINGTON (Reuters) - The FBI is investigating the recent targeting with ransomware of more than two dozen hospitals across …
Anne Steele / Wall Street Journal:
Spotify had total Q3 revenue of €1.97B, up 14% YoY, ARPU of €4.19, down 10% YoY, with 320M MAUs, up 29% YoY, and 144M paying subscribers, up 27% YoY  —  Listening time, revenue increased as use in cars and homes grew  —  Spotify Technology SA moved past a slump that hit early in the pandemic …
New York Times:
A look at startup culture wars happening around Coinbase, Expensify, and others as they become embroiled in a debate over the role of politics in the workplace  —  Coinbase, Expensify, Soylent, Clubhouse and others are embroiled in a culture war over politics and the workplace.
Tom Warren / The Verge:
Microsoft adds live custom data types to Excel, letting users import their data, a feature currently available to Office beta testers in the Insiders program  —  Excel now goes far beyond text and numbers  —  Microsoft is overhauling Excel with the ability to support custom live data types.
Financial Times:
Taiwanese contract chipmaker UMC fined $60M after pleading guilty to DOJ charges of stealing trade secrets from US chipmaker Micron  —  Chipmaker fined $60m and agrees to co-operate in case against China's Fujian Jinhua  —  Taiwanese contract chipmaker United Microelectronics Corporation …
Lauren Feiner / CNBC:
Twitter beats with Q3 revenue of $936M, up 14% YoY, vs $777M est., ad revenue of $808M, up 15% YoY, but mDAUs of 187M, up 29% YoY, vs.196M est.; stock down 11%+  —  - Twitter reported earnings for its third quarter of 2020 on Thursday that beat analyst estimates on the top and bottom lines.
Scott Bauer / Associated Press:
Wisconsin Republican Party says hackers stole $2.3M from its federal account; party chairman says the FBI is investigating  —  MADISON, Wis. (AP) — Hackers have stolen $2.3 million from the Wisconsin Republican Party's account that was being used to help reelect President Donald Trump …
YouTube:
Zeynep Tufekci / Insight:
Casey Newton / Platformer:
New York Times:
A look at “perception hacks”, small attacks that can undermine confidence if exaggerated, and other scenarios that election officials are keeping an eye on  —  In the final days of voting, election officials and cybersecurity experts are keeping a close eye on a range …

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Keep your business moving with delegated signing in Zoho Sign  —  Contracts piling up while you're traveling or stuck in back-to-back meetings?  With Zoho Sign's delegated signing feature, those delays will be a thing of the past.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Cheeky Pint:
Creating prediction markets (and suing the CFTC) with Tarek Mansour and Luana Lopes Lara
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Invest Like the Best:
William Hockey - Building the Operating System for the Dollar and Silicon Valley Heresy
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
BG2 Pod:
ChatGPT - The Super Assistant Era
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Lenny's Podcast:
The tactical playbook for getting 20-40% more comp (without sounding greedy) | Jacob Warwick (Executive Negotiator)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
AI Backlash Intensifies, Nvidia GTC Preview, Meta's Embarrassing Delay
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Tools and Weapons with Brad Smith:
Everybody Goes Home: How technology is helping prevent wildfires from spreading
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:30 PM ET, October 29, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Frederic Lardinois / TechCrunch:
Will Knight / Wired:

Earlier Picks

Jonathan Albright / Medium:
Uwagbale Edward-Ekpu / Quartz:
Craig Chapple / Sensor Tower Blog: