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October 31, 2019, 9:40 AM
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| @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...🧵
More:
The Verge, Wired, Washington Post, The Guardian, Bloomberg, Inquirer, Axios, Washington Post, AdExchanger, Business Insider, BuzzFeed News, TechSpot, Politico, NPR, ZDNet, VICE, International Business Times, Inc42 Media, MediaNama, BetaNews, SiliconANGLE, CNBC, Android Central, The Mac Observer, Silicon Republic, VentureBeat, Gizmodo, Quartz, Fast Company, CNN, Adweek, Digital Trends, Neowin, Geek.com, Pocket-lint, The Sun, Variety, The Daily Dot, and MSPoweruser
Facebook: Senator John S. McCollister. Tweets: @jack, @jack, @aoc, @jack, @jack, @jack, @jack, @hillaryclinton, @jack, @nedsegal, @jack, @jack, @jack, @mcclure111, @kurtwagner8, @snowden, @alexstamos, @bcmerchant, @b_fung, @sarafischer, @zeynep, @nickconfessore, @benthompson, @alexstamos, @mikeisaac, @oneunderscore__, @carolecadwalla, @jason_kint, @kateconger, @danriffle, @jbenton, @benedictevans, @sarahfrier, @alexstamos, @kt_so_it_goes, @laguarda, @pinboard, @rmac18, @b_fung, @laurengoode, @jonlovett, @michelleinbklyn, @shiraovide, @panzer, @kirstinestewart, @joshsternberg, @kurtwagner8, @stevekovach, @kifleswing, @panzer, @mathewi, @sarafischer, @jimwaterson, @tpcarney, @danprimack, @epro, @jeffjarvis, @panzer, @manvsgame, @randfish, @davepell, @mikeisaac, and @panzer
| Josh Constine / TechCrunch: |
In an earnings call, Mark Zuckerberg defends Facebook's political ads policy, estimates ads from politicians will be less than 0.5% of company's revenue in 2020 — As Jack Dorsey announced his company Twitter would drop all political ads, Facebook CEO Zuckerberg doubled-down on his policy of refusing to fact check politicians' ads.
More:
New York Times, Axios, TechCrunch, Telegraph, IT PRO, Bloomberg, Social Media Today, and Business Insider
Tweets: @richlightshed and @kantrowitz
| Emily Stewart / Vox: |
Jack Dorsey's announcement that Twitter will cut out political ads increases the pressure on 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
More:
The Verge. Tweets: @vijaya, @willoremus, @tonyromm, @willoremus, @chimeracoder, @benedictevans, @alexstamos, @mathewi, @benedictevans, and @benedictevans
| Casey Newton / The Interface: |
Twitter's political ad ban will run into enforcement issues on defining issue ads and possibly disadvantage lesser-known or nontraditional candidates — If you've ever wondered about the value of having multiple social networks competing to develop the best products and policies, Wednesday offered us a clear example.| 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
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Reuters, 9to5Mac, 9to5Mac, VentureBeat, CNET, AppleInsider, Inquirer, Business Insider, Seeking Alpha, 9to5Mac, Engadget, WRAL TechWire, Firstpost Tech, Softpedia News, iPhone Hacks, Cult of Mac, Six Colors, iDownloadBlog.com, Ars Technica, Tom's Guide, Mashable, Philip Elmer‑DeWitt, MacRumors, ZDNet, iMore, MSPoweruser, Thurrott, TechCrunch, and SlashGear
Tweets: @macrumors, @neilcybart, @benbajarin, @stephennellis, @neilcybart, @stephennellis, @stevesi, @stephennellis, @cnbcnow, @cnet, and @mrinaldesai
| Chance Miller / 9to5Mac: |
Tim Cook says Apple Pay transactions more than doubled YoY to 3B+ transactions in Q4, exceeding PayPal's volume and growing 4x faster — Apple Pay has been growing at a brisk pace recently, and Tim Cook is making a point to emphasize that fact. During Apple's Q4 2019 earnings call today … | 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.
More:
Macworld, ZDNet, CNBC, Cult of Mac, SiliconANGLE, Pocket-lint, Digital Trends, MacRumors, iDownloadBlog.com, CNET, Softpedia News, and iMore
Tweets: @kifleswing, @nithin, @mgsiegler, @jonyiveparody, and @iankar_
| Lauren Feiner / CNBC: |
More:
9to5Mac, Cult of Mac, Macworld, MacStories, and ZDNet
Tweets: @neilcybart, @neilcybart, and @neilcybart
| Steven Musil / CNET: |
Samsung posts Q3 operating profit of $6.6B, down 56% YoY, on revenue of $53B, while the revenue from its mobile division grew 17.4% YoY to ~$25.2B — Samsung was hit hard in its third quarter by the slowdown in tech. The company on Wednesday reported a steep drop in operating profit amid ongoing weakness in the chip industry.| 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 …
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CNBC, AdExchanger, Coinspeaker, Financial Times, Business Insider, Yahoo Finance, and ZDNet
Facebook: Mark Zuckerberg. Tweets: @sarahfrier, @mcwm, @sarahfrier, @ianbassin, @qwongsj, @mikeisaac, and @mollywood
| Jager McConnell / Crunchbase: |
Crunchbase, a platform for finding business information about private and public companies, raises $30M Series C led by Omers Ventures — We are excited to share that Crunchbase just closed a $30 million dollar Series C funding round led by OMERS Ventures.| Pavel Alpeyev / Bloomberg: |
Nintendo beats estimates in Q2 with sales of 4.8M Switch consoles, up 50% YoY, and operating income of ~$615M on revenue of ~$2.5B — - Switch sales climb 50% from a year ago to 4.8 million units — Nintendo sticks with conservative full-year earnings outlook
More:
IGN, GeekWire, VentureBeat, Engadget, Yahoo News, The Verge, and Kotaku
| Eric Newcomer / Bloomberg: |
Interior Department is grounding its fleet of 800+ aerial drones, one of the largest in the federal government, concerned about risk from Chinese manufacturers — The decision comes after pressure from lawmakers — The the federal agency responsible for maintaining America's vast federal lands …
More:
Wall Street Journal, BBC, The Verge, Fortune, and TechNode
Tweets: @senrickscott and @business
| Kevin Townsend / SecurityWeek: |
Report: 21M stolen credentials from global Fortune 500 organizations were found for sale on the dark web, 16M of which were compromised in the last 12 months — There have been many studies and investigations into the number of stolen credentials available on the dark web.
| 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 … | 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.
More:
Ars Technica, The Next Web, Financial Times, Naked Security, Quartz, and Beyond Search
Tweets: @thekenyeung and @a_greenberg
| Sarah Emerson / OneZero: |
An investigation into the supply chain of AmazonBasics batteries shows how Amazon masks its private label operations through a discreet network of outsourcing — One of Amazon's smallest and most popular products has a surprisingly large footprint — heard the “pop!” from my living room …
Tweets: @sarahnemerson, @ozm, @anrao, and @joshelman
| Steve O'Hear / TechCrunch: |
Freetrade, which offers commission-free stock investing in the UK, raises $15M Series A led by Draper Esprit — Freetrade, the U.K. challenger stockbroker that offers commission-free investing, has closed $15 million in Series A funding. The round includes a $7.5 million investment from Draper Esprit …
More:
Tech.eu and EU-Startups
| 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.
More:
CNET, IT PRO, Engadget, Associated Press, PYMNTS.com, and Reuters
Tweets: @krishnan, @cnet, @zackwhittaker, @iankar_, and @mikeisaac
| Dropbox Blog: |
Dropbox says Guido van Rossum, the creator of Python, is leaving the company after six and a half years and heading into retirement — After six and a half years, Guido van Rossum, the creator of Python, is leaving Dropbox and heading into retirement. From the beginning, we knew Guido would be a great addition to our company.
Tweets: @gvanrossum and @drewhouston
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