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

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle  —  Save months of compute time with Tangle, built by Shopify.  Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed.  Project Ready.  Tasks Created.  —  Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms.  But for most businesses …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
The Pull to Build: Joubin Mirzadegan on Grit and Starting Roadrunner
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The 100-person AI lab that became Anthropic and Google's secret weapon | Edwin Chen (Surge AI)
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 Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
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.
Channels with Peter Kafka:
"Hollywood is Truly Freaked Out." Inside the Netflix/WBD Deal with Lucas Shaw
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
 

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: