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October 27, 2017, 12:50 AM
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Top News

Alphabet Investor Relations:
Alphabet Q3: revenue of $27.8B, up 24% YoY, vs. $27.2B expected; net income reaches $6.73B, up from $5.06B YoY; Other Bets made $302M, lost $812M; stock up 3%+  —  MOUNTAIN VIEW, Calif. - October 26, 2017 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2017.
Peter Kafka / Recode:
Google CEO Sundar Pichai says people are watching YouTube on TVs for 100M hours/day, up 70% in the last year  —  YouTube viewing on actual TV sets is up 70 percent in the last year.  —  YouTube has been trying to position itself as a TV competitor for years.
Business Wire:
Amazon beats with Q3 revenue of $43.74B, up 34% YoY, vs. $42.14B expected; net income of $256M, up from $252M YoY; stock up 7%+ after hours  —  SEATTLE—(BUSINESS WIRE)—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2017.
Nat Levy / GeekWire:
Amazon now has 540K employees, nearly 7x that of Google and 4x that of Microsoft, making it the second-largest employer in US after Walmart  —  Amazon added a whopping 159,500 employees in the last quarter, pushing its total employment to 541,900 people worldwide, according to new numbers from the tech giant released today.
More: Business Insider and CNBC.  Tweets: @geekwire
Twitter:
Twitter decides to ban advertising from all accounts owned by Russia Today and Sputnik and will donate estimated $1.9M earnings since 2011 to misinfo research  —  Twitter has made the policy decision to off-board advertising from all accounts owned by Russia Today (RT) and Sputnik, effective immediately.
Microsoft Investor Relations:
Microsoft Q1: revenue of $24.54B, up 12% YoY, vs. $23.56B expected; net income up 16% YoY to $6.6B; Productivity revenue hits $8.2B, up 28% YoY; stock up 3%+  —  REDMOND, Wash. — October 26, 2017 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2017:
Samantha Liss / St. Louis Post-Dispatch:
Amazon gains wholesale pharmacy licenses in 12+ states, including Nevada, Arizona, Louisiana, Alabama, New Jersey, Michigan, Connecticut, Oregon, and Tennessee  —  Throughout the past year, and without much fanfare, Amazon.com Inc. has gained approval to become a wholesale distributor …
Lorenzo Franceschi-Bicchierai / Motherboard:
Researcher recounts warning Equifax about vulnerability on public-facing site that exposed user data months before breach, six months before Equifax patched  —  Months before its catastrophic data breach, a security researcher warned Equifax that it was vulnerable to the kind of attack …
Katie Roof / TechCrunch:
Sources: cybersecurity firm Zscaler has confidentially filed for an IPO, plans to go public before the year's end  —  Zscaler, a nine-year-old, San Jose, Calif.-based company, has filed confidentially for IPO, multiple sources tell TechCrunch.  The cloud security outfit is aiming to go public before the end of the year.
Paul Sawers / VentureBeat:
Ticketing platform SeatGeek partners with Facebook, gives third-party companies a way to sell tickets via events pages  —  Ticketing platform SeatGeek has signed Facebook up as a distribution partner, allowing sports fans and gig-goers to buy tickets directly through the world's biggest social network.
Georgia Wells / Wall Street Journal:
Twitter overstated MAUs by 1-2M since Q4 2014 by including users of a service for third-party apps; according to revised numbers, its MAUs shrank in Q2 by 2M  —  Social media company says it had been including users of service for third-party apps as monthly users that shouldn't have been counted
Selina Wang / Bloomberg:
Twitter Q3: $589.6M revenue tops estimates, net loss down to $21.1M; MAUs grew 4% YoY to 330M, DAUs grew 14% YoY; stock up 19%+ as Q4 guidance suggests profit

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This is a Techmeme archive page. It shows how the site appeared at 12:50 AM ET, October 27, 2017.

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.

From Mediagazer

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

New York Times:
A profile of NFL reporter Dianna Russini, who resigned from The Athletic after photos of her with the coach of New England Patriots prompted an internal probe

Reuters:
Sources: Sky has agreed on terms to buy ITV's broadcast and streaming unit in a £1.6B deal, which will include ITV Studios acquiring Sky's Love Productions

More News

Nancy Scola / Politico:
Study: interviews with tech staffers show how Facebook, Twitter, and Google helped Trump team as part of ad services; Clinton team declined embeds
Max Chafkin / Bloomberg:
How Snapchat avoids misinformation: commitment to newsroom values, vetting videos it distributes to a wider audience, partnering with credible media outlets

Earlier Picks

Dieter Bohn / The Verge:
Google Pixelbook review: beautiful hardware, great Chrome apps performance, but has average battery life, and Android apps need to be updated for screen and pen
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