Techmeme
January 29, 2020, 4:55 AM

Top News

Apple:
Apple reports record first quarter results  —  iPhone, Wearables & Services Drive All-Time Record Revenue and Earnings  —  Apple today announced financial results for its fiscal 2020 first quarter ended December 28, 2019.  The Company posted quarterly revenue of $91.8 billion …
Shara Tibken / CNET:
Apple addresses Wuhan coronavirus concerns, offers wider than usual Q2 revenue estimates, says it closed one retail store in China, slightly delayed production  —  Apple has suppliers in the Wuhan area of China, and it has taken precautions like closing one store in China and reducing hours at other retail locations.
Alex Wilhelm / TechCrunch:
Apple reports Q1 revenue of $91.8B, up 9% YoY, of which $79.1B came from products, $12.7B from services, and net income of $22.2B; $63B-$67B Q2 revenue expected  —  Today after the bell, Apple reported the results of the first quarter of its fiscal 2020.  The company's revenue totaled $91.8 billion …
Michael Potuck / 9to5Mac:
Apple reached 1.5B active devices, up from 1.4B a year ago, with ~80% of recent iPhones and iPads running iOS/iPadOS 13  —  Commenting on Apple's record-breaking 2020 Q1 performance, CEO Tim Cook shared an update on how many active devices are now in customers' hands and we've also got fresh numbers …
Kevin McLaughlin / The Information:
Sources: Google is testing a new communications app for businesses, which brings together functions from Gmail, Drive, Hangouts Meet, Hangouts Chat, and more  —  Google is working on a mobile application for businesses that brings together the functions of several standalone apps the company already offers …
Salvador Rodriguez / CNBC:
Facebook shares proposed bylaws for its oversight board, which some have called a content moderation “supreme court”, that leave Facebook firmly in control  —  - In a 46-page document, Facebook outlined the powers and limitations of the board, stating that the company is committing …
Salvador Rodriguez / CNBC:
Facebook VP of Engineering Jay Parikh, who was instrumental in building Facebook's data center infrastructure, is leaving the company after more than a decade  —  - Facebook's Vice President of Engineering Jay Parikh on Tuesday announced his departure from the company, joining a long list …
Dara Kerr / CNET:
Lime to pilot AI-based technology in San Jose, CA which it claims warns riders when they are on a sidewalk 50% or more of the time  —  Not all electric scooter riders follow the rules of the road.  Those rules include obeying traffic signals, signaling, and not riding on sidewalks where the motorized vehicles can endanger pedestrians.
Nikhilesh De / CoinDesk:
UK court orders Bitfinex to freeze bitcoin worth $860K after the crypto exchange and Chainalysis traced the funds to a ransomware payment  —  A U.K. court has ordered Bitfinex to freeze bitcoin worth $860,000 after the crypto exchange and blockchain sleuthing firm Chainalysis traced the funds to a ransomware payment.

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