Techmeme
November 1, 2017, 11:10 PM

Top News

Facebook:
Facebook reports Q3 profit of $4.7B, up 79% YoY; revenue of $10.3B, up 47% YoY, vs. $9.84B expected; headcount hits 23,165, up 47% YoY  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended September 30, 2017.  —  “Our community continues to grow and our business …
Ben Popper / The Verge:
Mark Zuckerberg says Facebook's efforts to prevent abuse will cut into future profits as company plans to double employees to police its platform  —  Under fire, the social network plans to spend big on security  —  Facebook was front and center in the news today, testifying before legislators …
Kurt Wagner / Recode:
Senators including Blunt and Burr downplay Russian meddling impact on 2016 election; Twitter says it banned 106 accounts for creating 700+ vote-by-text tweets  —  Tech companies will take questions from the Senate and House Intel Committees on Wednesday.  —  Take two.
Josh Constine / TechCrunch:
Vlad Savov / The Verge:
Razer Phone: 5.7" 120Hz 1440p display, 8GB RAM, Snapdragon 835, 12MP dual cameras, 4000mAh battery, but no audio jack, Oreo update 2018; ships Nov. 17 for $699  —  Can you actually make an Android phone for gamers?  Aren't they all spec-heavy beasts of incredible processing burden?
Jonathan Shieber / TechCrunch:
SEC: paid endorsements of ICOs may be illegal if compensation is not properly disclosed, and, even with disclosure, paid promoters may be liable in some cases  —  The Securities and Exchange Commission has issued a stern warning to the celebrities, athletes and social media stars pitching investment opportunities in virtual currencies.
Olga Kharif / Bloomberg:
The value of the Bancor token has dropped 56% since the June ICO, which raised ~$153M  —  Bancor has lost more than half of value since June offering  —  Developers question usefulness of market-making token  —  Bancor, one of the most successful initial coin offerings in the short history …
David Pierce / Wired:
Doppler Labs, the smart earbuds startup which raised a total of $50M+, is shutting down  —  ON OCTOBER 23, Doppler Labs founder Noah Kraft got a Facebook notification.  One of those “On This Day” pop-ups, resurfacing a post from exactly two years ago, when Kraft had appeared on CNBC to make the case for his company.
Juli Clover / MacRumors:
Face ID Unlocks an iPhone More Slowly Than Touch ID, but is Faster in Day-to-Day Usage  —  Apple's new Face ID facial recognition system coming in the iPhone X unlocks an iPhone more slowly than Touch ID did, according to Tom's Guide.  —  Tom's Guide is one of the sites that was provided …
Tripp Mickle / Wall Street Journal:
Larry Dignan / ZDNet:
IBM launches Cloud Private platform to bring cloud native apps to on-premises data centers; it works with multiple clouds, hardware, and existing infrastructure  —  IBM is betting that its Cloud Private platform can be the middleware and platform architecture connecting data center hardware of all stripes with a cloud operating model.
Katie Roof / TechCrunch:
New York terror attack suspect was an Uber driver for the past six months with over 1,400 trips; Uber is now in contact with FBI about the incident  —  New York terror suspectSayfullo Saipov was a driver for Uber, the company confirms.  He has been accused of driving a truck into a crowd near …

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Featured Podcasts

Access:
A top iPhone app developer reacts to Apple's new Siri
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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The Upstarts Podcast:
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AI's Mythos Moment: Rishi Sunak on preparing governments for AI
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.
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Thuy Ong / The Verge: