Techmeme
October 31, 2018, 12:55 PM

Top News

Peter Cao / 9to5Mac:
Apple has pulled watchOS 5.1 update after reports that it had bricked some Apple Watches  —  [Update: Apple has now pulled watchOS 5.1.  Users who haven't updated should refrain from doing so if it was downloaded, but not yet installed.]  —  While many users are disappointed with the lack …
Ina Fried / Axios:
Source: Rich DeVaul, a director at X, Alphabet's moonshot unit, left the company today following reports of sexual harassment, did not receive an exit package  —  Rich DeVaul, a director at X, the moonshot unit of Alphabet, Google's parent company, has left the company following reports of sexual harassment.
Will Sommer / The Daily Beast:
Virginia Hughes / BuzzFeed News:
Researchers examining 135 popular kids apps on Android and iOS find 88% of paid and 100% of free apps often have manipulative and distracting ads  —  Popular apps for young kids, especially those available in Google's app store, are teeming with advertisements that distract them from play …
Natasha Lomas / TechCrunch:
Mark Zuckerberg has been summoned to appear before an “international grand committee” of Canadian and UK MPs to discuss fake news on November 27  —  Two separate parliamentary committees, in the UK and Canada, have issued an unprecedented international joint summons for Facebook's CEO Mark Zuckerberg to appear before them.
Nick Statt / The Verge:
Facebook:
Facebook reports Q3 revenue of $13.73B, up 33% YoY, DAUs of 1.49B on average, up 9% YoY, says mobile ad revenue represented ~92% of all ad revenue  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended September 30, 2018.  —  “Our community and business continue …
Josh Constine / TechCrunch:
Saheli Roy Choudhury / CNBC:
Samsung Electronics posts Q3 operating profit of ~$15.5B, up 21% YoY, driven by strong sales of memory chips and higher demand for high-end OLED display panels  —  - Samsung Electronics on Wednesday said it recorded an operating profit of 17.57 trillion won (about $15.5 billion) for the quarter ending in September.
Ryan Browne / CNBC:
Ethos, a startup that says it can process life insurance applications in minutes, raises $35M Series B led by Accel and backed by GV  —  - Ethos saw a more than 400 percent jump in revenue, customers and applications in the last four months.  —  Ethos, a start-up that says it can process …

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