Techmeme
January 31, 2019, 2:10 PM

Top News

CNBC:
Intel names Robert Swan CEO, its seventh one in 50 years, following the ouster of Brian Krzanich in June 2018  —  - Analysts and media outlets speculated early on about several possible candidates, including two female executives who had left Intel in the relatively recent past.
Casey Newton / The Interface:
Apple shutting down Facebook's internal iOS apps should serve as a reminder of the power Apple holds over the rest of us  —  At around 2:30 a.m. ET on Wednesday, Facebook sent me an update about the controversial market research program revealed on Tuesday by TechCrunch.
The Verge:
Rob Price / Business Insider:
Nick Summers / Engadget:
Nintendo reports Q3 profit of ~$1.5B, up 36% YoY, on revenue of $5.6B, up 26% YoY, sells 9.41M Switch consoles, but cuts its fiscal year target from 20M to 17M  —  Nintendo sold 9.41 million Switch consoles in the three months leading up to December 31st, 2018, bringing lifetime sales to 32.27 million.
Janko Roettgers / Variety:
Ultraviolet, the cloud movie locker that launched in 2011 with support from major Hollywood studios, is shutting down on July 31  —  Ultraviolet, a cloud movie locker once hailed as Hollywood's best bet to get consumers hooked on digital movies, is shuttering.
Kyle Wiggers / VentureBeat:
IDC: 375.4M smartphones shipped in Q4 2018, down 4.9% YoY, closing out worst year; Apple shipped estimated 68.4M iPhones, down 11.5% YoY; Samsung was top vendor  —  The smartphone market isn't looking too hot.  In a report published today, research firm International Data Corporation (IDC) …
Facebook:
Kyle Wiggers / VentureBeat:
Google says Google+ for consumers will shut down April 2; all content posted by consumer accounts, including Google+ pages, photos, and videos, will be deleted  —  In late 2018, Google announced that it would shut down Google+, its beleaguered social network, for consumers due to “low usage” …
Athena Jones / CNN:
New York AG, in precedent-setting settlement, finds selling fake followers and likes or using stolen IDs on social media is illegal in its case against Devumi  —  New York (CNN Business)A company that brought in millions of dollars in revenue by creating fake social media posts and comments …
Sam Byford / The Verge:
Samsung reports Q4 revenue of $53.3B, down 10% YoY, operating profit of $9.7B, down 29% YoY, says earnings primarily affected by falling demand for memory chips  —  Samsung Electronics has turned in an earnings report in line with its guidance, as happens every quarter.
Microsoft:
Microsoft Q2: revenue of $32.5B, up 12% YoY; Productivity and Business Processes revenue of $10.1B, up 13% YoY; Intelligent Cloud revenue of $9.4B, up 20% YoY  —  Microsoft Cloud Strength Fuels Second Quarter Results  —  REDMOND, Wash. — January 30, 2019 — Microsoft Corp. today announced …

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Earlier Picks

Bloomberg: