Techmeme
October 29, 2014, 9:00 AM

Top News

Facebook:
Facebook Reports Third Quarter 2014 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended September 30, 2014.  —  “This has been a good quarter with strong results,” said Mark Zuckerberg, Facebook founder and CEO.  “We continue to focus on serving …
Alexei Oreskovic / Reuters:
Facebook warns of increased spending in 2015, expects costs to rise 55% to 75%  —  Facebook warns of increased spending, shares fall  —  (Reuters) - Facebook Inc warned on Tuesday of a dramatic increase in spending in 2015 and projected a slowdown in revenue growth this quarter, slicing a tenth off its market value.
More: Wall Street Journal and USA Today.  Tweets: @umangdua
Mike Isaac / New York Times:
MCX forbids participating retailers from accepting any competing mobile payment products, will issue “steep” fine if contract broken  —  Apple Pay Runs Afoul of MCX, a Group With a Rival Product  —  One week after its debut, Apple's new mobile wallet is showing promise with consumers.
Patrick Howell O'Neill / The Daily Dot:
Verizon's tech news site SugarString won't let writers report on US spying or net neutrality  —  Verizon is launching a tech news site that bans stories on U.S. spying  —  Verizon is getting into the news business.  What could go wrong?  —  The most-valuable, second-richest telecommunications company …
Jon Russell / TechCrunch:
Reddit Gets Into Crowdfunding With Redditmade  —  Reddit is continuing to expand its presence beyond its wildly popular sharing site — known as the front page of the internet for many — after it jumped into the world of crowdfunding with Redditmade, a service that allows moderators to set up projects which can be backed by Redditors.
Frederic Lardinois / TechCrunch:
W3C Declares HTML5 Standard Complete  —  More than four years ago, Steve Jobs declared war on Flash and heralded HTML5 as the way to go.  You could be forgiven if you thought the HTML5 standard — the follow-up to 1997's HTML 4 — has long been set in stone, given that developers …
Mikey Campbell / AppleInsider:
Apple's Greg Joswiak blames iOS 8.0.1 issues on software distribution  —  In a rare interview on Tuesday, Apple VP of iPhone, iPod, and iOS Product marketing Greg “Joz” Joswiak mostly towed the company line, but did reveal that issues with last month's iOS 8.0.1 rollout were caused by software distribution issues.
Kevin Fitchard / Gigaom:
Ruckus launches its first small business router: Could this be Google's new Wi-Fi hardware?  —  Ruckus Wireless will supply the gear for Google's planned business Wi-Fi service, Gigaom has learned.  The catch is Ruckus has never sold any small business products — not until today, that is.
Anna Irrera / Wall Street Journal:
U.K. Regulator to Explore Benefits of Blockchain Technology  —  The United Kingdom's Financial Conduct Authority is to explore the potential benefits of the technology underpinning bitcoin to the wider financial services industry, according to the regulator's chief executive.
Mike Carter / The Seattle Times:
FBI created fake Seattle Times Web page to nab bomb-threat suspect  —  The FBI created a fake news story on a bogus Seattle Times Web page to plant software in the computer of a suspect in a series of bomb threats to Timberline High School in 2007, documents reveal.
Jon Russell / TechCrunch:
LG Shipped A Record 16.8 Million Smartphones In Q3 2014, Up 39% Year-On-Year  —  Samsung is under-pressure as a long-period of growth continues to flatten out, but things couldn't be going much better for fellow Korean phone-maker LG, which just announced that it shipped a best-ever 16.8 million smartphones in Q3 2014.
Mike Beasley / 9to5Mac:
Apple expands iAd platform to 70 new countries, bringing total to 95  —  Apple has announced that starting today, the iAd platform will be available in 70 new countries, bringing the total number of supported nations to 95.  —  Today's expansion is by far the largest the company has ever attempted …
Andy Chalk / PC Gamer:
Twitch changes its rules of conduct to forbid topless and “sexually suggestive” streaming  —  You may have the body of a Greek god, all rippling muscle and taut sinew, but no matter how good you look in a Speedo (or out of one), Twitch would very much appreciate it if you'd keep yourself covered up while you're streaming on its service.
Chance Miller / 9to5Google:
OnePlus apologizes for pre-order problems, will offer another chance to order on November 17  —  After months and months of inconsistent availability and controversial marketing techniques, the OnePlus One finally went up for official pre-order yesterday.  As you'd expect however, the launch did not go as planned.
Chris Welch / The Verge:
FTC sues AT&T over ‘deceptive’ throttling of unlimited data customers  —  The Federal Trade Commission is suing AT&T because the carrier throttles speeds of its unlimited data customers, a policy that the FTC describes as “deceptive” and “unfair.”

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