| Josh Constine / TechCrunch: |
Snap reports it added 7M DAUs in Q3 to hit 210M, up 13% YoY, revenue of $446M, up 50% YoY, and a net loss of $227M, down from $325M a year ago — The Snap-back continues. Snapchat blew past earnings expectations for a big beat in Q3, as it added 7 million daily active users this quarter to hit 210 million, up 13% year-over-year.| Drew Harwell / Washington Post: |
A look at HireVue's controversial AI-driven face and voice scanning “employability” assessment tool, used by 100+ employers including Hilton and Goldman Sachs — HireVue claims it uses artificial intelligence to decide who's best for a job. Outside experts call it ‘profoundly disturbing.’| Emil Protalinski / VentureBeat: |
Firefox 70 arrives with social tracking blocked by default, a personalized privacy report to show how many trackers have been blocked, and performance gains — Mozilla today launched Firefox 70 for Windows, Mac, Linux, Android, and iOS. Firefox 70 includes social tracking protection … | Tony Romm / Washington Post: |
New York State's attorney general says 46 attorneys general have joined its antitrust probe into Facebook, separate from DOJ and FTC investigations — The expanded roster of 47 states and territories taking part reflects broad concerns among officials that ‘Facebook may have put consumer data at risk’| Todd Spangler / Variety: |
Verizon is giving away Disney+ for free for one year to all of its wireless customers on unlimited-data plans and to FiOS and 5G home internet customers — New Fios broadband, 5G home wireless internet customers also eligible for 12-month free offer — Verizon is giving away Disney Plus … | Natalie Gagliordi / ZDNet: |
Former SAP CEO Bill McDermott has been named chief executive of cloud automation platform ServiceNow; he replaces John Donahoe, who will become CEO of Nike — McDermott will replace John Donahoe, who is stepping down from his role leading ServiceNow to become the CEO of Nike.| Conor Dougherty / New York Times: |
Facebook announces a pledge of $1B in a package of grants, loans, and land as part of a partnership with California to help build more affordable housing — SAN FRANCISCO — Facebook said on Tuesday it would give $1 billion in a package of grants, loans and land toward easing California's … | Anthony Ha / TechCrunch: |
Medium says it will now pay its Partner Program writers based “primarily” on reading time, not claps; the platform has paid $6M+ to 30,000+ writers since 2017 — Medium is announcing significant changes to its Partner Program, where subscribers pay for access to exclusive content, and the revenue gets split with writers.| Ben Thompson / Stratechery: |
Mark Zuckerberg's proposal of social media as a “Fifth Estate” highlights that the world is fundamentally changing; the sooner we realize that, the better — Facebook CEO Mark Zuckerberg began his speech last week by attempting to place free expression in the historical American context … | Nathaniel Gleicher / Facebook: |
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Browser-based UI design and prototyping tool Figma gives users public profiles to share design files and works in progress, as part of a new Community platform — Like GitHub for designers — Figma, the browser-based UI design and prototyping tool, is giving users public profiles to share design files and works in progress.| Joe Maring / Android Central: |
The Pixel 4 and 4 XL support fast wireless charging on any Qi charger, unlike the Pixel 3, which needed Google's own Pixel Stand for fast charging — 11W speeds seem to be supported on just about anything. — Updated October 22, 2019: So it turns out that the Pixel 4's wireless charging situation … | Salvador Rodriguez / CNBC: |
In prepared remarks for Congress, Mark Zuckerberg argues Libra “will extend America's financial leadership” and that China is pursuing similar projects — - Facebook CEO Mark Zuckerberg intends to tell Congress that Facebook will not launch Libra anywhere in the world unless all U.S. regulators approve it.| Financial Times: |
Sources: Facebook hasn't offered money to wire services Reuters and AP for being featured on its news page, as Bloomberg and Dow Jones land seven-figure deals — Facebook will pay millions of dollars to some publications featured on its news page but nothing to others, as its efforts to rebuild trust divide the US media sector.| Joseph Cox / VICE: |
The FTC issues its first-ever ban on “stalkerware” as it bars Retina-X from selling apps that monitor mobile devices unless a legitimate use for them is shown — The FTC's move comes after Motherboard revealed a hacker had repeatedly breached Retina-X and gained access to sensitive user data.| Kyle Wiggers / VentureBeat: |
Databricks raises $400M Series F at a $6.2B valuation led by a16z, with Microsoft and others participating, up from its $2.75B post-money valuation in February — Prescient are the entrepreneurs who predicted data would become the new oil, like Ali Ghodsi, Andy Konwinski, Ion Stoica … | Nathan Ingraham / Engadget: |
Task management app Todoist gets a major update to its mobile, desktop, and web apps, adding sections inside projects for better organization, and more — Todoist is one of the best to-do apps out there — in fact, we picked it as our favorite about 18 months ago.| Joseph Cox / VICE: |
Sources: MPC, pitched as a privacy-focused smartphone vendor, was run by a violent UK gang and shut down after multiple investigations into it developed — Crime blogger Martin Kok was assassinated while leaving a sex club. It turned out MPC, one of his clients, was not an ordinary phone company.| CNBC: |
Sources: SoftBank to take control of WeWork, spending $4B-$5B on new funding and existing shares in The We Company, valuing it between $7.5B and $8B — KEY POINTS — Softbank to spend $4 billion to $5 billion on new equity, existing shares, sources say.
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