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January 3, 2019, 6:40 PM
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M.G. Siegler / 500ish Words:
As the law of large numbers catches up with Apple, it faces a rocky but pivotal year where it needs to transition into a services company earlier than planned  —  Yesterday's updated guidance wasn't just about China...  The results are in.  Actually, they're not in.  And that was a major problem yesterday for Apple.
Shira Ovide / Bloomberg:
Apple failed to warn about China and market saturation, the underlying conditions for its guidance downgrade, which were obvious to those paying attention  —  The company has reached the end of its denial phase.  —  The optimistic narrative about Apple Inc.'s iPhone business is falling apart in front of our eyes.
Tim Cook / Apple:
Apple revises guidance for its fiscal 2019 Q1 downwards due to weakness in some markets, particularly China; stock closes down 9%+
More: Bloomberg, Bloomberg, Wired, The Atlantic, Daring Fireball, Bloomberg, 9to5Mac, Tom's Guide, Stratechery, CNBC, Business Insider, The Verge, Daring Fireball, Macworld, Wall Street Journal, VentureBeat, Business Insider, Fortune, New York Times, Philip Elmer-DeWitt, The Hill, Engadget, Thurrott, PYMNTS.com, Telegraph, CNN, TechCrunch, Tech.pinions, Ethereum World News, On my Om, TidBITS, Motherboard, Wall Street Journal, New York Times, The Verge, The Mac Observer, Business Insider, Bloomberg, Gizmodo, Vox, Light Reading, Six Colors, Investor's Business Daily, Fox News, FutureSin, iDownloadBlog.com, CCN, iClarified, AppleInsider, FierceWireless, Droid Life, MacRumors, BGR, Telegraph, ZDNet, KnowTechie, Computerworld, MacRumors, Gizmodo, Trustnodes, Quartz, Crunchbase News, BetaNews, Forbes, Recode, ExtremeTech, Cult of Mac, Mashable, MacDailyNews, Reuters, Ars Technica, IT PRO, iPhone in Canada Blog, Cult of Mac, Silicon Republic, Inquirer, 9to5Mac, Digital Trends, Financial Times, BBC, Daring Fireball, Axios, EE Times, The Loop, Yahoo Finance, TechCrunch, The Next Web, Notes from Silicon Valley, Newser, The Register, TechSpot, USA Today, Insanely Great Mac, Pocket-lint, MSPoweruser, Neowin, CBS San Francisco, BleepingComputer, ABC News, iPhone Hacks, CNET, and investor.apple.com
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Steve Kovach / CNBC:
Apple lowers revenue guidance to $84B after previously projecting $89B-$93B, because of fewer iPhone upgrades than expected
Makena Kelly / The Verge:
Report: for the second year in a row, FCC's Ajit Pai has canceled his CES trip, as the US government shutdown forces furloughs for non-essential FCC employees  —  It will be the second year in a row that he hasn't attended the conference  —  Federal Communications Commission Chairman Ajit Pai …
Jesse Damiani / The Verge:
Netflix's interactive format for films like Bandersnatch makes content harder to pirate, increases viewer engagement, and generates insightful data about users  —  Light spoilers for Black Mirror's interactive episode Bandersnatch ahead.  —  On Friday, December 28th, after months of speculation …
Andrew J. Hawkins / The Verge:
GM's self-driving unit Cruise partners with DoorDash to test a food delivery service in San Francisco starting in early 2019  —  The pilot will commence in early 2019 in San Francisco  —  Cruise Automation, the self-driving unit of General Motors, is teaming up with DoorDash to test …
Brady Dale / CoinDesk:
BitTorrent announces its own crypto tokens that users trade to other users for faster downloads  —  BitTorrent, which pioneered peer-to-peer technology for sharing files on the internet, is creating its own cryptocurrency.  —  Issued by the Singapore-based BitTorrent Foundation …
Mary Jo Foley / ZDNet:
Microsoft adds two new Microsoft 365 bundles focused on security and compliance, expands availability of its MyAnalytics “fitness tracker for work” service  —  Microsoft is adding new Microsoft 365 packages to its subscription-service roster, as well as expanding availability …
Campbell Kwan / ZDNet:
USB Implementers Forum announces USB Type-C authentication program to protect against non-compliant USB chargers and USB malware risks  —  USB-IF announced it will roll out a USB Type-C authentication program to protect against non-compliant USB chargers and USB malware risks.

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From Mediagazer

Todd Spangler / Variety:
The Writers Guild of America sues Paramount and WBD in an effort to stop their merger, claiming the deal would hurt wages and working conditions for writers

Naman Ramachandran / Variety:
BBC DG Matt Brittin says the BBC and UK public service broadcasting face “real jeopardy” as license fee erosion drives BBC's third consecutive annual deficit

Reuters:
Sources: Lionsgate has attracted takeover interest from France's Bolloré Group, owner of Canal+, and Banijay, which just completed an $8B merger with All3Media

More News

Nellie Bowles / New York Times:
Obituary of Karen Sparck Jones, a self-taught programmer whose 1972 research paper on natural language processing laid the groundwork for modern search engines

Earlier Picks

Li Yuan / New York Times:
Inside Beijing-based Beyondsoft and its “censorship factories”, with 4,000+ staff monitoring online content for media companies eager to please China's censors
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