Techmeme
October 30, 2019, 7:50 PM

Top News

@jack:
[Thread] Twitter will stop accepting all political and issue ads on its platform globally starting on November 22  —  We've made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons...🧵
Emily Stewart / Vox:
Jack Dorsey's announcement that Twitter will cut out political ads increases the pressure for Facebook and Mark Zuckerberg to follow suit  —  Jack Dorsey's announcement that Twitter is axing political advertisements ups the pressure on Facebook and Mark Zuckerberg to follow suit.
Apple:
Apple reports Q4 revenue of $64B, up 2% YoY, of which $51.5B came from products and $12.5B from services; Q1 2020 revenue expected to be $85.5B-$89.5B  —  Services Revenue Reaches All-Time High of $12.5 Billion  —  EPS Sets New Fourth Quarter Record of $3.03
Chance Miller / 9to5Mac:
Tim Cook says Apple Card users will soon be able to finance iPhone purchases over 24 months with zero interest  —  Apple CEO Tim Cook announced today that Apple Card will soon be adding a new feature for iPhone financing.  Starting later this year, Apple Card users will be able to finance iPhone purchases with 0 percent interest.
Facebook:
Facebook reports Q3 revenue of $17.7B, up 29% YoY; DAUs rose 9% YoY to 1.62B as MAUs rose 8% YoY to 2.45B; headcount increased 28% YoY to 43,030  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended September 30, 2019.  —  “We had a good quarter and our community …
New York Times:
Andy Greenberg / Wired:
Legal experts analyze WhatsApp's options in its case against NSO Group, over sending malware to WhatsApp users, which they say will be an uphill battle  —  The Facebook-owned messaging company is taking on a notorious malware vendor in what could be an uphill battle.
Tim Hardwick / MacRumors:
Report: Apple will use Qualcomm's X55 5G modem in all three 2020 iPhones  —  Apple's 2020 iPhones will all use Qualcomm's newest and fastest 5G-capable modem chip, claims a new report out of Asia today.  —  Apple is expected to launch three iPhones next year in 5.4-inch, 6.1-inch, and 6.7-inch sizes.
Benjamin Mayo / 9to5Mac:
Student subscribers to Apple Music, which costs $4.99 per month, will get Apple TV+ at no extra charge  —  In a surprise announcement, Apple has announced its first bundle deal for Apple TV+.  For subscribers to Apple Music on the student plan, $4.99 per month, Apple will giveaway Apple TV+ at no additional charge.
BBC:
Facebook agrees to pay a £500K fine to the UK for its role in the Cambridge Analytica scandal but makes no admission of liability  —  Facebook has agreed to pay a £500,000 fine imposed by the UK's data protection watchdog for its role in the Cambridge Analytica scandal.
Kate Conger / New York Times:
Lyft reports Q3 revenue of $955.6M, up 63% YoY, adjusted net loss of $121.6M, compared to $245.3M last year, beating estimates, and raises 2019 revenue guidance  —  SAN FRANCISCO — Lyft on Wednesday emphasized a new mantra — profitability — over and over again.
Alex Danco:
As the world has moved toward services, consumers have benefited from far more access to what they want but at a cost: hidden complexities and lack of ownership  —  Back in 2015, I wrote a blog post called Dropbox: the First Dead Decacorn.  At the time, it was the most widely shared take I'd ever written.
Casey Newton / The Verge:
Cognizant, which provides content moderation services for Facebook, Google, and Twitter, says it'll exit the business in 2020 after completing current contracts  —  Moderators complained of filthy offices and severe mental health strain  —  The professional services firm Cognizant will exit …
Guilherme Rambo / 9to5Mac:
Image in macOS 10.15.1 suggests new MacBook Pro is not a major redesign, revealing a Touch ID key separate from the Touch Bar  —  Rumors about a new 16-inch MacBook Pro are not exactly new, with recent icon evidence found in macOS Catalina betas suggesting the redesigned mentioned in some reports is not going to happen as we thought.

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