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January 30, 2020, 1:20 PM
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WeSmirchTop News
| Charlie Osborne / ZDNet: |
Avast will shut down its marketing subsidiary Jumpshot following controversy over selling user data to third parties — Avast's CEO said the move is “absolutely the right thing to do.” — Avast is winding down its subsidiary Jumpshot following an explosive investigation into the sale …
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Avast EN, Forbes, VentureBeat, Avast EN, VICE, SiliconANGLE, Press EN-WW, Axios, BleepingComputer, CyberScoop, Windows Central, BetaNews, Yahoo Finance, Input, CNET, Reuters, WinBuzzer, Forrester, Mashable, Tom's Guide, and TidBITS
| Emma Court / Bloomberg: |
Practice Fusion, which offers free, ad-supported health records software to doctors, agrees to pay $145M DOJ fine for its role in boosting opioid prescriptions — - Practice Fusion ensured that addictive drugs were on the menu — 'It's evil. There's really no other word for it,' doctor says| Financial Times: |
Sources: Uber and DoorDash held failed merger talks around six months ago at the behest of SoftBank to consolidate the food-delivery industry — Uber and DoorDash held talks to combine last year in a deal that would have accelerated the long-awaited consolidation of the lossmaking food delivery industry …
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CNBC and Seeking Alpha
Tweets: @rwhelanwsj, @wsj, @carnage4life, @eliotwb, @ericgplatt, @tbraithwaite, @lanceulanoff, @alex, and @daveleeft
| Wall Street Journal: |
Apple hired one of Netflix's top engineers in strategy to staff up the technical team supporting its newly launched TV+ subscription services — Apple Inc. AAPL 2.89% recently hired one of Netflix Inc.'s NFLX -1.87% top engineers, part of a broader strategy to build out the technical team supporting … | Eun-Young Jeong / Wall Street Journal: |
Samsung reports weak Q4 earnings from low memory chip sales as net profit slumps to $4.4B, down 39% YoY, on revenue of $50.52B, up 1.1% YoY — Company reports weak fourth-quarter earnings from low memory-chip sales — SEOUL—Samsung Electronics Co. reported a 39% drop in fourth-quarter net profit …
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Samsung Global Newsroom, Bloomberg, CNET, Yahoo Finance, Reuters, Thurrott, iPhone in Canada Blog, Reuters, PYMNTS.com, Android Headlines, Android Central, Gizchina, Bloomberg, ZDNet, XDA Developers, and The Verge
Tweets: @wolfmetric, @andreif7, and @journeydan
| 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 …
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ZDNet, The Verge, GeekWire, Bloomberg, WinBuzzer, cloudcomputing-news.net, coinspeaker.com, CNBC, PYMNTS.com, Reuters, Associated Press, Ars Technica, GameSpot, and Business Insider
Tweets: @zhugeex, @tomwarren, @tomwarren, @seamusblackley, @benjisales, @fxshaw, @fxshaw, @zhugeex, @markhachman, @zhugeex, @bdsams, @bdsams, @daniel_rubino, and @mattrosoff
| Emil Protalinski / VentureBeat: |
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ZDNet, CNBC, Softpedia News, Business Insider, and Patently Apple
Tweets: @epro, @tomwarren, @pearltearizzy, @nextgenplayer, @nextgenplayer, @dr_1up, @alexdnz, @patrickmoorhead, and @epro
| Ryan Houlihan / Input: |
Imran Chaudhri and Bethany Bongiorno, key members of the original iPad team, on the early days of the project and their regrets about how the iPad has evolved — Ten years ago, Apple introduced one of the most influential products of the company's modern era: the iPad.| Dean Takahashi / VentureBeat: |
Nintendo says Switch passed SNES in lifetime sales with 52M+ sold, reports sales of $9.39B and net profit of $1.8B for the nine months ended in December — Nintendo said it is upgrading its forecast for profits in the fiscal year ending March 31, thanks to strong sales of the Nintendo Switch and games that run on it.| 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.
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The Guardian, Engadget, CNBC, CNBC, Road to VR, New York Times, KnowTechie, Input, coinspeaker.com, MSPoweruser, Forbes, and Barron's Online
Facebook: Mark Zuckerberg. Tweets: @joshconstine, @kashhill, @sarahfrier, @cpen, @danielnewmanuv, @hoarsewisperer, @slpng_giants, @twadhwa, @profgalloway, @mikeisaac, @mjb_sf, @scobleizer, @joshconstine, @kantrowitz, @sarahfrier, @mikeisaac, @thekenyeung, @joshconstine, @thekenyeung, @mattrosoff, @thekenyeung, @thekenyeung, @mattrosoff, and @tonyromm
| Ingrid Lunden / TechCrunch: |
Spatial, which develops a 3D “holographic” collaboration platform, raises $14M Series A led by WhiteStar Capital, iNovia, and Kakao Ventures — The worlds of virtual and augmented reality have yet to land on the applications and hardware to truly spark mass-market …
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Axios, SiliconANGLE, UploadVR, VRFocus, and VRFocus. Tweets: @ingridlunden. Thanks:@ingridlunden
| 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.
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The Verge, The Guardian, TechCrunch, Input, Civicist Posts, Reuters, Politico, ZDNet, The Daily Dot, Axios, The Next Web, Business Wire, infosecurity-magazine.com, Mashable, and CNET
Tweets: @johnbattelle, @aclu, @azeem, @alecstapp, @sivavaid, @carolineha_, @peopleslawchi, @realkylemorris, @lucyparsonslabs, @suntimes, and @acluofil
| 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.
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Reuters, ZDNet, Engadget, Silicon Valley Business …, The Verge, TechSpot, The Mac Observer, Seeking Alpha, MacDailyNews, SlashGear, TechRadar.com, iDownloadBlog.com, iMore, MacRumors, and Law360
Tweets: @markgurman and @business
| Anirban Sen / Reuters: |
Sources: online pharmacy Alto, which offers same-day deliveries and medication management apps, has raised ~$250M led by SoftBank, at a valuation of over $1B — BANGALORE (Reuters) - SoftBank's second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy … | The Information: |
Source: Apple has terminated AI startup Xnor.ai's involvement in the Pentagon's Project Maven after its recent acquisition of the startup — Big technology companies like Microsoft, Amazon and Google have jockeyed to secure lucrative contracts supplying their products and services to the military.
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9to5Mac, iDownloadBlog.com, The Mac Observer, and Patently Apple
Tweets: @marywareham, @kateconger, @nickwingfield, @amir, and @jessicalessin
| Katie Notopoulos / BuzzFeed News: |
Woman tried for 4 years to get Facebook to remove a business page someone created for her butthole, which the company removed only after BuzzFeed wrote about it — “This unofficial Page was created because people on Facebook have shown interest in this place or business.
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Gizmodo. Tweets: @dseetharaman, @sheeraf, @christopherjm, @walldo, @histoftech, @vindugoel, @strngwys, @katienotopoulos, @profgalloway, and @can
| Sean Gallagher / Ars Technica: |
Maze ransomware ring has dumped stolen data from about 25 companies online and has threatened full dumps as leverage against victims who don't pay the ransom — Maze operators “gift” Pensacola by removing data dump, but others not so lucky. — The Maze ransomware ring has taken extortion … | Zac Hall / 9to5Mac: |
Fantastical, a popular calendar app for iOS and macOS, switches to a subscription model to unlock new premium features like Calendar Sets and weather forecasts — Admit it, you've lost track of how many years it's been since you paid for Fantastical. The answer could be as long ago as 2013 … | Jon Porter / The Verge: |
Reports from four analytics companies: Huawei surpassed Apple in 2019 with global smartphone shipments of 241M vs. 198M; Samsung retains its top spot with 298M — Apple's strong fourth quarter wasn't enough to hold off the Chinese challenger — Huawei overtook Apple to become …
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Business Wire, Business Insider, and VentureBeat
| Bloomberg Quint: |
Online insurance marketplace Policygenius raises $100M Series D led by KKR — (Bloomberg) — Online insurance startup Policygenius raised $100 million from investors including KKR & Co. and venture capital operations backed by Axa SA, Massachusetts Mutual Life Insurance Co. and Transamerica.
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PR Newswire
| Kyle Wiggers / VentureBeat: |
OpenAI says it will migrate to Facebook's PyTorch machine learning framework for future projects, eschewing Google's TensorFlow platform — In what might only be perceived as a win for Facebook, OpenAI today announced that it will migrate to the social network's PyTorch machine learning framework …
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OpenAI
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