Techmeme
February 5, 2020, 11:00 AM

Top News

Peter Kafka / Vox:
Spotify will buy The Ringer, the podcast-centric media company run and owned by Bill Simmons, and plans to hire Simmons and his approximately 90 employees  —  The Ringer CEO Bill Simmons in 2015 |  Photo by Mike Windle/Getty Images for Vanity Fair  —  It's the fourth podcast deal Spotify has done in a year.
Ingrid Lunden / TechCrunch:
Spotify reports Q4 results: 271M total MAUs, up 31% YoY, as paying users rise 29% YoY to 124M; overall revenue was $2B, up 24% YoY; stock down 4%+  —  Streaming music now accounts for more than 80% of all music consumption in key markets like the US, and one of the big leaders in the field is reaping some of the rewards.
Charlie Warzel / New York Times:
Shadow's Iowa failure was a dangerous combination of techno-utopianism and laziness, which led to slapdash software engineering, procurement, and deployment  —  Democrats desperately need to win the internet to beat Trump.  Their first big test was a massive failure.  —  Mr. Warzel is an opinion writer at large.
@rabble:
HuffPost:
Cat Zakrzewski / Washington Post:
Nick Statt / The Verge:
Amid coronavirus fears, ZTE cancels its MWC 2020 press conference; LG Electronics says it is withdrawing from exhibiting and participating in the Barcelona expo  —  The second big company to cancel its MWC appearance  —  LG Electronics, the division of LG Corporation responsible for mobile phones …
Emily McCormick / Yahoo Finance:
Disney beats analyst expectations for Q1, reporting $20.86B in Q1 revenue, up 36% YoY, 26.5M subscribers for Disney+, and 30.4M for Hulu, up 33% YoY  —  DIS) posted better than expected results in the company's first report since the launch of its eponymous streaming service.
Twitter:
Twitter says users “may not deceptively share synthetic or manipulated media” likely to cause harm; such tweets will be labeled or removed  —  It's our responsibility to create rules on Twitter that are fair and set clear expectations for everyone on our service.
Sean Hollister / The Verge:
Researchers discover a now patched vulnerability in Philips Hue smart light bulbs that could have let hackers infiltrate users' home or corporate networks  —  Might want to check if you've got firmware 1935144040  —  Four years ago, security researchers showed how a flying drone could hack …
Catalin Cimpanu / ZDNet:
Researcher details a backdoor in Huawei-owned HiSilicon chips used in millions of smart devices, including security cameras, that has been active since 2013  —  Researcher said he did not notify HiSilicon due to a lack of trust in the hardware vendor to adequately fix the issue.
Danish Khan / The Economic Times:
India's premium smartphone segment grew 29% YoY in 2019; Apple was the fastest growing brand, up 41% YoY, and OnePlus maintained its No. 1 position  —  Apple was the fastest growing premium smartphone brand in 2019 with 41% yearly growth even as China's OnePlus maintained its leadership …
Bloomberg:
Sources: Instagram generated ~$20B in advertising revenue in 2019, making up more than a quarter of Facebook's revenue  —  - Unit brought in about $20 billion in 2019, people familiar say  — Photo-sharing app has gained in importance since 2012 purchase
Wall Street Journal:
Sources: NYSE owner Intercontinental Exchange has made a takeover offer for eBay that could value the marketplace at more than $30B; eBay stock closes up 8.78%  —  A deal could value the online marketplace at more than $30 billion  —  New York Stock Exchange owner Intercontinental Exchange Inc …
Mary Ann Azevedo / Crunchbase News:
The Zebra, which runs an insurance comparison site, raises $38.5M Series C led by Accel, bringing its total raised to $101.5M  —  The Zebra, which operates an insurance comparison site, announced today it raised a $38.5 million Series C led by Accel.  —  Subscribe to the Crunchbase Daily
Sebastian Sinclair / CoinDesk:
Transparent Financial Systems, a Seattle-based startup developing a real-time cryptographic settlement network, raises $14M+ Series A led by Pantera Capital  —  Transparent Financial Systems, a Seattle-based startup developing a real-time “cryptographic settlement” network …
More: GeekWire

Sponsor Posts

Google Workspace:
See how it's done with Google Workspace  —  Whether you're a team of 10 or 10,000, Google Workspace has all the tools you need to connect, create and collaborate.
Oura:
7 Tips for a Good Night's Sleep  —  Want to improve your sleep and build healthy habits that can last a lifetime?  Put these 7 tips to the test.
Zoho:
How to get the best color combinations to boost interactivity in email marketing  —  w Introduction In our last blog, we learned that colors don't merely exist in emails—they also convey messages.
Techmeme Leaderboards:
Find out who the top reporters are in 43 different tech categories  —  Who are the most influential writers on topics like AI, VR, IoT, or e-commerce?  We've analyzed Techmeme's news crawl data to find out.
Modern Finance Podcast:
The Origins and Future of Aave, The Decentralized Finance Protocol to Lend and Borrow Crypto
Kevin Rose covers all things cryptocurrency, DeFi, NFTs, stock picks, and more.
Subscribe via Apple Podcasts, Spotify, or RSS.
Techmeme Ride Home:
Wed. 07/28 - Earnings Bonanza
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:00 AM ET, February 5, 2020.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Financial Times:
David McCabe / New York Times:
Davey Alba / New York Times:
Sean Hollister / The Verge:
Abner Li / 9to5Google: