Techmeme
October 25, 2018, 5:15 PM

Top News

New York Times:
Sources: Andy Rubin left Google with $90M after credible sexual misconduct allegation; one accused executive left with a big exit package while another remained  —  The internet giant paid Mr. Rubin $90 million and praised him, while keeping silent about a misconduct claim.
CNBC:
In email to employees, Sundar Pichai says Google fired 48 people, including 13 senior managers, over last 2 years for sexual harassment; none had exit packages  —  - Google CEO Sundar Pichai sent an email to employees Thursday in response to a report in The New York Times about sexual misconduct at the company.
Jillian D'Onfro / CNBC:
Alphabet reports Q3 Google ad business revenue of $28.95B, “other” revenues, like cloud and hardware, of $4.64B, and traffic acquisition costs of $6.58B  —  Google-parent company Alphabet just reported its third quarter earnings.  The company beat earnings expectations but missed revenue expectations.
More: Engadget
Jack Nicas / New York Times:
A look at how Apple combines algorithms and roughly 30 journalists to curate Apple News, which is read regularly by 90M people, and its plans for the app  —  Many of Apple's employees moved into a glistening new $5 billion glass headquarters in Cupertino, Calif., this year.
Michelle Castillo / CNBC:
Twitter beats estimates with Q3 revenue of $758M, up 29% YoY, but monthly usage drops to 326M MAUs, down 9M since Q2; stock opens up 14%+  —  - Estimated monthly active users (MAUs): 326 million vs. 330.1 million, according to FactSet and StreetAccountnt  —  Twitter shares was up as high …
Sam Byford / The Verge:
Xiaomi announces 6.4-inch Mi Mix 3 flagship with a 1080p OLED screen, sliding cameras and no notch, 10GB RAM, out in China on November 1 for ~$475  —  Xiaomi has announced the Mi Mix 3, the latest entry in its series of full-screen flagship phones.  It's yet another high-end Chinese device …
James Vincent / The Verge:
UK data watchdog fines Facebook the maximum £500K amount for its failure to protect users' personal information in the Cambridge Analytica scandal  —  The fine is just £500,000, but regulators say it should have been ‘significantly higher’  —  The UK's data watchdog has levied …
Sarah Perez / TechCrunch:
Google Maps adds a “follow” button for businesses, which lets users get updates on events and offers, rolling out over the next few weeks, initially on Android  —  Sarah Perez @sarahintampa / 7 hours  —  Google Maps has been steadily rolling out new features to make its app …
Zack Whittaker / TechCrunch:
Cathay Pacific says data of 9.4M passengers was stolen in data breach, including dates of birth, phone numbers, email and postal addresses, and passport numbers  —  Zack Whittaker @zackwhittaker / 22 hours  —  Cathay Pacific, one of the main airlines in Hong Kong, says records …
Reuters:
Ireland says it will restrict short-term rentals like Airbnb starting June in an effort to tackle a severe housing shortage  —  DUBLIN (Reuters) - Ireland will tackle a severe housing shortage in booming cities such as Dublin by regulating short-term lettings and home-sharing sites such as Airbnb …
More: CNET and Fortune
Josh Constine / TechCrunch:
Sources: Facebook is working on a new TikTok-like music app to let users record and share videos of themselves lip-syncing or dancing to popular songs  —  Josh Constine @JoshConstine / 8 hours  —  Facebook is working on a new app that it hopes could win back the attention of teens …
Sara Salinas / CNBC:
Snap reports Q3 revenue of $298M, vs. $283M estimated, up 43% YoY, and DAUs of 186M, vs. 186.1M estimated, up 5% YoY but down 1% QoQ  —  - Wall Street was keeping a close eye on active user numbers for Snap's namesake photo-sharing app, Snapchat, as global social media use plateaus.

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