Techmeme
October 30, 2019, 8:25 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  —  Twitter CEO Jack Dorsey announced his company is no longer going to allow political advertising on its platform.  David Becker / Getty Images
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.
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.
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.

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