Techmeme
February 7, 2020, 12:40 AM

Top News

Uber:
Uber reports Q4 revenue of $4.1B, up 37% YoY, gross bookings of $18.1B, up 28%, and net loss of $1.1B; gross bookings from Uber Eats were $4.37B, up 71% YoY  —  Revenue of $4.1 billion, growing 37% year-over-year or 39% on a constant currency basis  —  Rides Adjusted EBITDA of $742 million, with continued margin expansion
Dane Glasgow / The Keyword:
Google Maps turns 15 and updates its app with five tabs: Explore, Commute, Saved, Contribute, and Updates, new transit features, and more  —  In 2005, we set out to map the world.  Since then we've pushed the limits of what a map can do: from helping you easily navigate from point A to B …
David Kirton / Reuters:
Sources: Xiaomi, Huawei, Oppo, and Vivo are creating a platform to let developers outside China upload apps onto all of their app stores simultaneously  —  SHENZHEN, China (Reuters) - China's Xiaomi, Huawei Technologies, Oppo and Vivo are joining forces to create a platform for developers outside China …
Nick Statt / The Verge:
Strategy Analytics: Apple shipped 30.7M Watches globally in 2019, up 36% YoY, outselling entire Swiss watch industry, which shipped 21.1M units, down 13% YoY  —  The Apple Watch continues to dominate the market  —  The Apple Watch wasn't just the best-selling smartwatch last year …
Nikhilesh De / CoinDesk:
SEC commissioner proposes a three-year grace period from a startup's first token sale to achieving a level of decentralization sufficient to pass SEC evaluation  —  SEC Commissioner Hester Peirce wants to give legitimate crypto projects a shot at success without running afoul of U.S. securities laws.
Kirsten Korosec / TechCrunch:
Nuro receives a two-year driverless exemption for its new delivery vehicle called R2 and says it is the first company to receive such an exemption from NHTSA  —  Nuro, the autonomous delivery startup that raised $940 million in financing from Softbank Vision Fund last year …
Alex Sherman / CNBC:
Sources: ViacomCBS is building a new ad-supported streaming service that will build on CBS All Access, and an ad-free version that includes Showtime  —  - ViacomCBS is preparing to throw its hat into the streaming wars after consummating a merger on Dec. 31.
Reuters:
US Attorney General William Barr says the US and its allies should consider investing in Nokia and Ericsson to counter Huawei  —  WASHINGTON (Reuters) - U.S. Attorney General William Barr on Thursday stressed the threat posed by Huawei Technologies and said the United States and its allies …
Biz Carson / protocol:
Sweat Equity Ventures, which trades operational and recruiting expertise for equity instead of cash, launches publicly, backed by $30M from Reid Hoffman  —  Launching from stealth, Sweat Equity Ventures is a new venture concept that trades operational and recruiting expertise for equity in startups.
Maddie Stone / VICE:
Leaked contract shows Apple wants repair shops signing up to its Independent Repair Program to agree to audits and inspections, even after leaving the program  —  Last August, in what was widely hailed a victory for the right-to-repair movement, Apple announced it would begin selling parts …
Huawei:
Huawei says it does not include backdoors into its products, including HiSilicon, after recent reports of security issues in HiSilicon chips  —  HiSilicon is a global leading fabless semiconductor and IC design company that is dedicated to providing comprehensive connectivity …
More: SDxCentral
Julia Alexander / The Verge:
Netflix says users can now turn off the autoplay preview feature on its homepage  —  Browsing the homepage isn't an annoying problem anymore  —  Netflix customers have complained for years about the frustrating and annoying autoplay feature that occurs on its homepage.
Wall Street Journal:
Sources: Elliott Management has quietly built up a $2.5B+ stake in SoftBank and is pushing for changes like stock buybacks and improved corporate governance  —  Activist fund pushes for stock buybacks and for the tech giant to improve corporate governance to boost share price

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