Techmeme
November 8, 2019, 10:20 PM

Top News

Adrienne So / Wired:
Instagram to test hiding Like counts in the US starting next week, following similar tests in Canada, Ireland, Italy, Japan, Brazil, Australia, and New Zealand  —  Hiding like counts is just the latest step in Instagram's quest to become the safest place on the internet.
Oliver Darcy / CNN:
Facebook and YouTube say they are removing content that mentions the possible name of the whistleblower whose complaint prompted Trump impeachment inquiry  —  New York (CNN)Facebook (FB) and YouTube said Friday that they were removing content that mentioned the potential name …
Ingrid Lunden / TechCrunch:
Blackstone buys majority stake in MagicLab, owner of dating apps Badoo and Bumble, valuing the company at $3B+; Whitney Wolfe Herd to become MagicLab's CEO  —  Bumble, the popular and profitable dating and networking app built around the ethos of women calling the shots on how connections …
William Feuer / CNBC:
Yelp reported Q3 revenue of $262.4M vs. $262.2M expected, up 9% YoY, and says it expects a growth of 11% to 13% YoY in Q4 revenue; stock closes up 15%+  —  - While the company's fourth-quarter guidance fell below expectations, it appears to be better than investors feared as the app faces increasing competition from Google.
Jay Peters / The Verge:
Apple says it is working on a fix for a macOS bug that stored portions of encrypted emails sent via Mail app in an unencrypted form  —  Apple may have known for months  —  Apple stakes a lot of its reputation on how it protects the privacy of its users, as it wants to be the only tech company you trust.
Neil Mawston / Strategy Analytics:
Smartwatch shipments grew 42% YoY to 14.2M units in Q3, as Apple grew market share to 48% from 45% last year and Fitbit's market share dropped from 15% to 11%  —  According to new research from our Wearable Device Ecosystems (WDE) service, global smartwatch shipments grew an impressive +42% YoY …
Donie O'Sullivan / CNN:
YouTube has run the misleading Trump ad accusing Biden of corruption, which was seen 10M-30M times, but Google says it strives to ensure ads are “honest”  —  (CNN Business)You'd be forgiven for thinking that the only tech platform that allows politicians to run false ads is Facebook.
Saritha Rai / Bloomberg:
Source: Tencent acquired a 10% stake in Policybazaar, valuing the Indian online insurance aggregator at $1.5B  —  - Purchase from Tiger Global values Policybazaar at $1.5 billion  — Tencent's India portfolio already includes Ola, Byju's, Swiggy  —  Tencent Holdings Ltd. has acquired …
Tweets: @tim
CNBC:
Bob Iger says Disney+ will be on Amazon's Fire TV when it launches on November 12  —  - Analysts will be looking to see if Disney gives any color on expected subscriber numbers for Disney+.  —  Disney shares were up about 3% after the company reported an earnings beat for its fiscal fourth-quarter on Thursday.

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