Techmeme
October 30, 2019, 10:10 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.
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.
Mike Isaac / New York Times:
Two men plead guilty in federal court to hacks in 2016 of Uber and Lynda.com and subsequent extortion, saying they used employee AWS accounts to gain access  —  Guilty pleas to charges of hacking and an extortion conspiracy cap a legal saga that ensnared the tech companies in data breach scandals.
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.

Sponsor Posts

Smartsheet:
Mark Mader: How I stay accountable while scaling a high-growth SaaS company  —  On the Founder Real Talk podcast, Mader shares how he grew Smartsheet from a startup to a publicly traded company with over 1000 employees serving 82,000 customers.
Zoho:
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Google Cloud:
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Intel:
Here's why gamers should go with a processor that has high IPC and can hit the highest frequencies  —  Adding core count for core count's sake does not create a better gaming experience
Mattermost:
7 ways to speed up your build cycle  —  High-impact ways that your team can speed up your build cycle for increased velocity.

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