Techmeme
October 25, 2018, 11:40 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.
Andy Rubin / @arubin:
Andy Rubin says NYT story is part of a smear campaign, calls allegations false, is troubled that Google execs are commenting and misrepresenting facts about him  —  1/2 The New York Times story contains numerous inaccuracies about my employment at Google and wild exaggerations about my compensation. Specifically, I never coerced a woman to have sex in a hotel room. These false allegations are part of a smear campaign
More: FortuneTweets: @arubin and @edbott
Wall Street Journal:
Interviews with 70+ current and former Netflix employees tell of a culture of candor and transparency that some find ruthless, demoralizing, and dysfunctional  —  Buzzwords and anxiety fill the hallways as Hollywood giant tries to maintain a winning culture amid breakneck growth; ‘sunshining’ the ‘N-word’ scandal
Amazon:
Amazon Q3: revenue of $56.6B, up 29% YoY, operating income of $3.7B, up from $347M YoY, net income of $2.9B, up from $256M YoY; stock down 7%+ after hours  —  SEATTLE—(BUSINESS WIRE) October 25, 2018—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2018.
Jason Koebler / Motherboard:
US Copyright Office files final rule on right to repair that allows consumers to legally break DRM for repairing or maintaining devices beginning Oct. 28  —  The new exemptions are a major win for the right to repair movement and give consumers wide latitude to legally repair the devices they own.
Corin Faife / BREAKER:
Investigation: 12 of 22 contacted crypto news sites agreed, upon request, to publish paid content without marking it as sponsored; prices were $240 to $4,500  —  This article started out with an email, one that arrived in my inbox years ago.  I can't remember when the first of them came exactly …
Alphabet:
Gabe Cohn / New York Times:
Christie's sells a portrait by the French art collective Obvious generated using AI for $432,500, over 40x its estimated price, a first for the auction house  —  Last Friday, a portrait produced by artificial intelligence was hanging at Christie's New York opposite an Andy Warhol print and beside a bronze work by Roy Lichtenstein.
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.
Jordan Novet / CNBC:
Intel reports Q3 revenues of $19.2B, up 19% YoY, and net income of $6.4B, up 42% YoY, beating analyst estimates on strong PC and data center chip demand  —  Intel Intel stock rose 4 percent Thursday after the company reported better-than-expected third-quarter earnings.
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 down 2.7% after hours  —  - Estimated monthly active users (MAUs): 326 million vs. 330.1 million, according to FactSet and StreetAccountnt
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  —  Google Maps has been steadily rolling out new features to make its app more than just a way to find places and navigate to them.
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 …

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