Techmeme
October 28, 2019, 11:57 AM

Top News

Spotify:
Spotify Q3: paid subs rose 31% YoY to 113M; MAUs grew 30% YoY to 248M; revenue up 28% YoY to €1.73B; net income of €241M, up from €43M in Q3 '18; stock up 16%+  —  NEW YORK—(BUSINESS WIRE)— Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the third fiscal quarter …
Angus Crawford / BBC:
Instagram bans drawings and memes related to self-harm or suicide  —  Instagram has pledged to remove images, drawings and even cartoons showing methods of self-harm or suicide.  —  The move is its latest response to the public outcry over the death of British teenager Molly Russell.
Darrell Etherington / TechCrunch:
Nvidia unveils new $149 Shield TV and $199 Shield TV Pro with a faster Tegra X1+ processor, AI-based 4K upscaling, Dolby Vision HDR, and Dolby Atmos support  —  Nvidia has a new family of Android TV-based streaming devices, as tipped early via a couple of leaks from online stores.
Khari Johnson / VentureBeat:
Facebook AI Research says it has created a system that can modify human faces in live video feeds to thwart state-of-the-art facial recognition software  —  Facebook AI Research says it has created a machine learning system for de-identification of individuals in video.
Kyle Wiggers / VentureBeat:
Aviatrix, which provides a common set of networking and security services to enterprise clients with one or more public clouds, raises $40M Series C led by CRV  —  Aviatrix, a five-year-old provider of networking and security services for multi-cloud enterprises, today announced …
More: FinSMEs and PE Hub Blog
Kyle Wiggers / VentureBeat:
Fairmarkit, a platform that automates enterprise procurement of goods like office or cleaning supplies and services, raises $11M Series A  —  Tail spend — the purchases enterprises make outside their large, ongoing expenses — is a tricky business.  While direct spend is usually well managed …
More: PR Newswire and FinSMEs
Reuters:
Sources: Alphabet has made an offer to buy wearable device maker Fitbit; Fitbit's stock has jumped 30%+ on the news  —  (Reuters) - Google owner Alphabet Inc (GOOGL.O) has made an offer to acquire U.S. wearable device maker Fitbit Inc (FIT.N), as it eyes a slice of the crowded market …

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Earlier Picks

Carl Miller / BBC: