Techmeme
October 24, 2018, 5:50 PM

Top News

Microsoft:
Microsoft reports Q1 revenue of $29.1B, up 19% YoY, net income of $8.8B, up 34% YoY; Azure revenue grew 76%, LinkedIn revenue grew 33%, Surface revenue grew 14%  —  Microsoft Cloud Strength Powers Record First Quarter Results  —  REDMOND, Wash. — October 24, 2018 — Microsoft Corp. today announced …
Natasha Lomas / TechCrunch:
Tim Cook attacks the “data industrial complex” and calls for comprehensive US privacy laws in speech at conference on data protection and privacy in Brussels  —  Apple's CEO Tim Cook has joined the chorus of voices warning that data itself is being weaponized again people and societies …
The Keyword:
Google now lets users review and delete their recent search activity and provides easier access to privacy controls, on desktop today and mobile apps later  —  We're always working on making it easier for you to understand and control your data so you can make privacy choices that are right for you.
Casey Newton / The Verge:
A look at two features Twitter is testing: “presence indicators”, which say what users are doing while they tweet, and “ice breakers” to start conversations  —  Executives say they want to enhance conversations on the platform  —  Twitter is testing new features designed …
The Verge:
Leaked Google contract stipulates that Android device makers provide at least two years of security updates for phones and tablets that have 100K+ activations  —  Every month, a security team at Google releases a new set of patches for Android — and every month, carriers and manufacturers struggle …
The Daily Beast:
Amazon pitched its facial recognition surveillance tech to ICE and continued its dialogue with the US immigration agency in the midst of critical media coverage  —  Amazon employees are up in arms about possible collaborations with law enforcement.  That hasn't stopped Amazon reps from pitching ICE on its face-scanning tech.
Angelo Amante / Reuters:
Italian anti-trust watchdog fines Apple and Samsung €5M over phone throttling complaints and Apple an additional €5M over lack of info on battery replacement  —  ROME (Reuters) - Italy's anti-trust watchdog said on Wednesday it was fining Apple Inc. (AAPL.O) and Samsung Electronics Co Ltd …
Alex Heath / Cheddar:
Leaked internal survey of Snap's ~3,000-person workforce shows 40% don't plan to stay, up 11% since Q1 2018, as Snap stock has tumbled in recent months  —  Snapchat employees are looking to jump ship in growing numbers after a botched app redesign and drop in stock price soured many on the company's future …
Jason Schreier / Kotaku:
Interviews with dozens of employees detail Rockstar Games' culture of “crunch”, after a studio co-founder's 100-hour weeks remark triggered industry discussion  —  In the final year of development on Red Dead Redemption 2, the upcoming Western game, the top directors decided …
New York Times:
The marked contrast between Amazon's and Sears' compensation plans shows the shift in recent years away from employees to shareholders  —  Half a century ago, a typical Sears salesman could walk out of the store at retirement with a nest egg worth well over a million in today's dollars, feathered with company stock.
Heather Somerville / Reuters:
Sources describe problems at GM's Cruise self-driving car unit, which has had delays, issues with software, and more, after landing $5B in investments  —  SAN FRANCISCO (Reuters) - It's one of the biggest bets going in the world of cars.  —  Since May, General Motors Co …
Taylor Hatmaker / TechCrunch:
Two years after acquiring Drip, Kickstarter hands control of the platform to Andy Baio and XOXO co-founder Andy McMillan and provides new seed funding for it  —  Taylor Hatmaker @tayhatmaker / 7 hours  —  Two years ago, Kickstarter acquired Drip, an indie musician crowdfunding platform, on the eve of the service's untimely demise.
Lorenzo Franceschi-Bicchierai / Motherboard:
Researchers: Germany-based spyware firm Wolf Intelligence left 20GB of data on an unprotected server and a public Google Drive folder, including customer info  —  The Germany-based spyware startup Wolf Intelligence exposed its own data, including surveillance target's information …
Wolfie Zhao / CoinDesk:
Japan's finance regulator grants legal status to cryptocurrency exchange association as a self-regulatory industry body  —  The Financial Services Agency (FSA), Japan's finance regulator, has formally approved a cryptocurrency exchange association as a self-regulatory industry body.
Michelle Castillo / CNBC:
Snap says it hired Jeremi Gorman, most recently Amazon's head of ads sales, as its chief business officer and Jared Grusd as its chief strategy officer  —  - Jeremi Gorman will become chief business officer, and was previously head of advertising sales for Amazon.
Natalie Gagliordi / ZDNet:
AMD reports Q3 revenue of $1.65B, vs. $1.7B est., up 4% YoY, net income of $102M, up from $61M YoY, but low Q4 guidance; stock down 24%+ after hours  —  The company missed third quarter revenue targets and issued lower-than-expected fourth quarter guidance.
New York Times:
Google plans to reach five million schoolchildren with a digital citizenship education program, but critics say it should be disqualified from doing so  —  The tech giant is positioning itself in schools as a trusted authority on digital citizenship at a moment when the company's data-handling practices are under growing scrutiny.

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Earlier Picks

Jacob Kastrenakes / The Verge:
Nikhilesh De / CoinDesk: