Techmeme
October 17, 2019, 9:00 AM

Top News

Annie Palmer / CNBC:
Netflix reports Q3 revenue of $5.25B, up 31% YoY, 158M paid subs globally, up 21% YoY, as net adds increase to 6.8M, up 12% YoY but below 7M company forecast  —  Shares of Netflix surged 8% in premarket trading after the company late Wednesday released its earnings report for the third quarter.
Zack Whittaker / TechCrunch:
US, UK, and South Korea dismantle one of the largest child exploitation dark web sites, with 200K unique videos; over three dozen people have been arrested  —  The Justice Department says it's dismantled one of the largest child exploitation sites on the dark web.
Wall Street Journal:
Inside Facebook's attempt to launch its cryptocurrency, as major partners and most payments providers withdraw from Libra Association amid regulatory pressure  —  Major partners bolted after Washington challenged the social-media giant's foray into finance  —  David Marcus gathered …
Jordan Pearson / VICE:
Yahoo says it is shutting down its long-running Yahoo Groups platform on October 21 and will permanently delete all posted content on December 14  —  Users won't be able to upload new content to the site after October 21 and have until December 14 to archive their content, Yahoo said in an announcement.
Mary Jo Foley / ZDNet:
Microsoft announces two new open-source projects, Open Application Model and Dapr, to make it easier for developers to build cloud, edge, and Kubernetes apps  —  Microsoft is introducing two new specs, the Open Application Model and Dapr, with the aim of making building cloud, edge and Kubernetes apps easier.
Joe Otterson / Variety:
Mike Isaac's book, Super Pumped: The Battle for Uber, will be the basis for a Showtime series by Billions creators Brian Koppelman and David Levien  —  Brian Koppelman and David Levien are developing a limited series about ridesharing company Uber for Showtime.
Makena Kelly / The Verge:
FCC has formally approved the merger between T-Mobile and Sprint on a party-line vote, with Democrats dissenting  —  But the deal won't close just yet  —  On Wednesday, the Federal Communications Commission formally approved the merger between T-Mobile and Sprint, an FCC official told The Verge.
Natalie Jarvey / Hollywood Reporter:
Inside Bob Iger's risky bet on Disney+, set to launch with 35 originals in first year, which executives hope will have 60M to 90M global subscribers by 2024  —  Disney+ leads a wave of billion-dollar Netflix competitors that are transforming the entertainment industry and launching a new age of ambition …
Ben Thompson / Stratechery:
Google's “ambient computing” vision, powered by smartphones and in-home devices, plays to its strengths, but challenges remain, like high costs to consumers  —  The most surprising revelation from yesterday's Made by Google 19 keynote came in Google Senior Vice President of Devices …
Kyle Wiggers / VentureBeat:
Invoca, which provides AI-powered call tracking and conversational analytics, raises $56M, bringing its total raised to $116M  —  It's predicted that the annual number of mobile phone calls to businesses will reach 169 billion by 2020, and that click-to-call — web integrations enabling real-time calls …
More: PR NewswireThanks:@dstickler_01
Rob Merrick / The Independent:
After delays, the UK government quietly drops its controversial plan to implement an age verification requirement for porn websites  —  The long-delayed measure - one of the first of its kind in any democratic country - had been plagued by legal and technical difficulties
Hollywood Reporter:
Inside's Apple steep learning curve with TV+ and Hollywood, as sources say the company already well outspent its projected $1B annual content budget  —  After a few false starts and a little offscreen drama, AppleTV+ finally makes its big debut with a slate of shows, Jennifer Aniston …
Dami Lee / The Verge:
Instagram is rolling out new features over six months that help users manage third-party app permissions, including removing them and seeing requested data  —  See who has your data at a glance  —  Instagram has added a new feature for users to control the data they're sharing with third-party apps.

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