Techmeme
January 29, 2020, 10:30 PM

Top News

Facebook:
Facebook reports Q4 revenue of $21.1B, up 25% YoY, and net income of $7.4B, up 7% YoY; DAUs rose 9% YoY to 1.66B, MAUs rose 8% YoY to 2.5B; stock drops 5%+  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2019.
Josh Constine / TechCrunch:
Facebook Q4 profits grew 7% YoY, compared to growth of 61% a year ago, while expenses of $12.2B were up 34% YoY as headcount grew 26% to 44,942  —  Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price.  Facebook reached 2.5 billion monthly users …
Microsoft:
Microsoft Q2: revenue of $36.9B, up 14% YoY, net income of $11.6B, up 38% YoY; Commercial Cloud revenue up 39% YoY to $12.5B; Office 365 Consumer subs hit 37.2M  —  Microsoft Commercial Strength Powers Second Quarter Results REDMOND, Wash. — January 29, 2020 — Microsoft Corp. today announced …
Emil Protalinski / VentureBeat:
Joe Rossignol / MacRumors:
Kuo outlines Apple's H1 2020: 4.7" iPhone, “AirTags” trackers, smaller wireless charging mat, high-end headphones, and refreshed iPad Pro, MacBook Pro or Air  —  Apple plans to release several new products in the first half of 2020, including Ultra Wideband tags …
New York Times:
Facebook agrees to pay $550M to settle a class action suit over Illinois biometric law violations for tagging users in photos, after SCOTUS rejected its appeal  —  It was another black mark on the privacy record of the social network, which also reported its quarterly earnings.
Bloomberg:
California court orders Apple to pay $838M and Broadcom to pay $270M for infringing California Institute of Technology patents on Wi-Fi transmissions  —  Apple Inc. and Broadcom Inc. must pay $1.1 billion in damages for infringing California Institute of Technology patents on Wi-Fi transmissions, a jury in California ordered.
Katy Stech Ferek / Wall Street Journal:
US Interior Department introduces a no-fly rule for its ~800 drones that were made in China or have Chinese parts, with some exceptions, amid espionage concerns  —  Order reflects concern that data collected ‘could be valuable to foreign entities’  —  WASHINGTON—Interior Department officials plan …
Emil Protalinski / VentureBeat:
Google says in 2019 its bug bounty program paid 461 security researchers $6.5M, up from $3.4M to 317 researchers in 2018  —  Google today announced it has paid out over $21 million since launching its bug bounty program in November 2010.  In the past year alone, the company distributed $6.5 million …
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.
Michael Potuck / 9to5Mac:
Ben Parker / The New Humanitarian:
Report: UN did not tell the public nor its general staff about a hacking attack into its IT systems from last July, despite staff records being compromised  —  About this investigation: … GENEVA  —  The UN did not publicly disclose a major hacking attack into its IT systems in Europe …
Natasha Lomas / TechCrunch:
Study that looked at 72M YouTube comments across 330,925 videos finds evidence of radicalization effect on users that leads them to extreme far-right content  —  Research presented at the ACM FAT 2020 conference in Barcelona today supports the notion that YouTube's platform is playing a role …
Matina Stevis-Gridneff / New York Times:
Despite US pressure, the EU told member states they should limit “high risk” 5G vendors, like Huawei, but did not recommend a total ban  —  The bloc's experts suggested members limit and monitor the involvement of “high-risk” vendors as they invest in next-generation mobile communications infrastructure.

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Babu Mohan / Android Central:
Dhruv Mehrotra / Gizmodo:
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