Techmeme
October 25, 2018, 10:25 AM

Top News

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 …
New York Times:
Sources: US intelligence has determined that China and Russia spy on phone calls Trump makes using his iPhones instead of his secure White House landline  —  WASHINGTON — When President Trump calls old friends on one of his iPhones to gossip, gripe or solicit their latest take on how he is doing …
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 …
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 …
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 …
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 …
Michelle Castillo / CNBC:
Responding to Tim Cook's privacy speech, ex-Facebook CSO Alex Stamos calls out Apple's anti-privacy moves in China and tech media for ignoring them in coverage  —  - Former Facebook chief security officer Alex Stamos said on Twitter Apple needs to “come clean” about how it blocks ways …
Natasha Lomas / TechCrunch:
Thomas Brewster / Forbes:
Sources: GrayKey, which some law enforcement agencies bought to break the passcodes of iOS devices, can no longer do so for any iPhone running iOS 12 or above  —  Apple has managed to prevent the hottest iPhone hacking company in the world from doing its thing.
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 …
Sapna Maheshwari / New York Times:
Kinsa, a smart thermometer startup that raised ~$29M via VCs like Kleiner Perkins, has products in 500K+ US homes, sells “illness data” to companies like Clorox  —  Most of what we do — the websites we visit, the places we go, the TV shows we watch, the products we buy — has become fair game for advertisers.
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 …
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 20%+ after hours  —  The company missed third quarter revenue targets and issued lower-than-expected fourth quarter guidance.
The Times of Israel:
Cybersecurity giant Check Point buys Tel Aviv-based cloud security startup Dome9; initial cash considerations priced deal at $175M  —  Cybersecurity giant acquires Tel Aviv based Dome9 in cash, stock and options; Checkpoint third quarter earnings per share up 6% year on year

Sponsor Posts

Smartsheet:
Smartsheet Announces Appointment of Praerit Garg as CTO  —  Smartsheet (NYSE: SMAR), a leading cloud-based platform for work execution, today announced that Praerit Garg has joined the company as Chief Technology Officer.
Zoho:
Zoho Meeting Latest Updates: Registration Moderation for webinars, Screen Sharing for meetings, Dial-in numbers for India, and HD recordings.  —  Spending lots of money on webinar promotion can boost registrations and consequently increase attendee numbers.
Chromebook:
If you're over the old way of doing things  —  With Family Link on Chromebook, parents have a new, easy way to set digital ground rules and help children create healthy online habits.
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Earlier Picks

Heather Somerville / Reuters:
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Lorenzo Franceschi-Bicchierai / Motherboard:
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