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January 4, 2019, 10:35 AM
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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.
Tim Cook / Apple:
Apple revises guidance for its fiscal 2019 Q1 downwards due to weakness in some markets, particularly China
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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
Bloomberg:
Hackers dump private info of Angela Merkel and hundreds of other German politicians including email addresses, phone numbers, and personal chat transcripts  —  - Leak includes emails, chat transcripts, photos, phone numbers  — Hack is ‘elaborate’ social-engineering attack, IT expert says
New York Times:
Los Angeles sues the company behind the Weather Channel app, which is owned by IBM, for slyly using location data for commercial purposes  —  The Weather Channel app deceptively collected, shared and profited from the location information of millions of American consumers …
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 …
Sijia Jiang / Reuters:
Internal memo shows that Huawei demoted two employees and cut their monthly pay for using an iPhone to send New Year greetings from its official Twitter account  —  HONG KONG (Reuters) - China's Huawei Technologies [HWT.UL] has punished two employees for New Year greetings sent …
Lily Hay Newman / Wired:
How Intel's STORM, its global team of about 12 hackers working to mitigate future security threats, is still cleaning up the mess left by Meltdown and Spectre  —  A YEAR AGO today, Intel coordinated with a web of academic and independent researchers to disclose a pair of security vulnerabilities with unprecedented impact.
Christina Farr / CNBC:
Verily, the life sciences arm of Alphabet, raises $1B in round led by Silver Lake, says Alphabet CFO Ruth Porat and Silver Lake's Egon Durban are joining board  —  - Alphabet's Verily is raising $1 billion in a new round led by Silver Lake, and Ruth Porat is joining the board.

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Trip Gabriel / New York Times:
R. Bruce Dold, a Pulitzer Prize-winning journalist at the Chicago Tribune, where he became editor-in-chief and publisher, is dead at 70

More News

Will Sommer / The Daily Beast:
YouTubers popular with kids are promoting a shady gambling site selling “mystery boxes” filled with supposed prizes
Mary Jo Foley / ZDNet:
Microsoft is testing a project codenamed “Bali” that lets users “visualize, manage, control, share, and monetize” data that the company collects about them
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

Earlier Picks

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
Brady Dale / CoinDesk:
BitTorrent announces its own crypto tokens that users trade to other users for faster downloads
Campbell Kwan / ZDNet:
USB Implementers Forum announces USB Type-C authentication program to protect against non-compliant USB chargers and USB malware risks
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