Techmeme
October 27, 2020, 9:46 PM

Top News

Microsoft:
Microsoft Q1: revenue of $37.2B, up 12% YoY, net income of $13.9B, up 30% YoY, revenue for Intelligent Cloud was $13.0B, up 20% YoY  —  REDMOND, Wash. — October 27, 2020 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2020, as compared to the corresponding period of last fiscal year:
Patrick Moorhead / Forbes:
AMD says it will buy rival chipmaker Xilinx for $35B in an all-stock deal  —  I talked to AMD CEO Lisa Su last night and got the download on what could be a historic, $35B semiconductor deal to acquire Xilinx.  AMD had a monster Q3 and guide and has been on a growth tear for years …
Juli Clover / MacRumors:
Report: tensions over profit margins are souring Apple and Foxconn's partnership, leading Foxconn to employ questionable manufacturing and reporting tactics  —  The relationship between longtime partners Apple and Foxconn is eroding due to a battle over profit margins, according to a new report from The Information.
Mike Masnick / Techdirt:
In Mark Zuckerberg's prepared testimony for Wednesday's Senate hearing, he advocates for Congress to update Section 230 to “make sure it's working as intended”  —  This shouldn't be much of a surprise, unfortunately, but it appears that once again Facebook is the first to crack …
Mark Gurman / Bloomberg:
Sources: Apple acquired Barcelona-based Vilynx, a startup specializing in AI and computer vision tech, earlier this year for about $50M  —  - Barcelona-based Vilynx's technology makes video search easier  — Apple has purchased several AI startups to buttress Siri, apps
Michael Sheetz / CNBC:
SpaceX, in emails to interested customers, says the beta of the Starlink satellite internet service will initially cost $99/month plus a $499 upfront cost  —  - SpaceX is expanding the beta test of its Starlink satellite internet service, reaching out via email on Monday to people who expressed interest in signing up for the service.
Brian Heater / TechCrunch:
Reddit says that moving forward it will let employees work from home, with some exceptions, and that it won't lower pay for US staff if they move within the US  —  Spurred on by the seemingly endless COVID-19 pandemic — and no doubt inspired by similar moves from companies like Twitter …
Sarah Perez / TechCrunch:
TikTok partners with Shopify, letting merchants create TikTok ad campaigns for In-Feed video ads from the Shopify dashboard  —  TikTok is further investing in social commerce with today's announcement of a new global partnership with e-commerce platform Shopify.
Chaim Gartenberg / The Verge:
Ubisoft rebrands its $15/month UPLAY+ game streaming service as Ubisoft+ and will expand the service's availability to Stadia and Luna by end of year  —  Ubisoft's subscription service goes multiplatform and bets big on game streaming  —  Ubisoft is overhauling its UPlay Plus subscription service …
Wall Street Journal:
Twitter and Square employees say Jack Dorsey takes hands-off management to extremes, delegating or delaying most major decisions, partly to pursue his passions  —  The CEO's management style, delegating most major decisions while pursuing his personal passions, faces one of its biggest tests
Manish Singh / TechCrunch:
Ankhi Das, Facebook's public policy director for India, South, and Central Asia, leaves after allegations of content moderation interference for India's BJP  —  Ankhi Das, a top Facebook executive in India, is leaving the company on Tuesday months after she was alleged to interfere …
Danny Crichton / TechCrunch:
The rise of “no-code platforms” is helping usher in a new generation fluent in using computers and mobile devices for self-expression, research, and analysis  —  In the distant past, there was a proverbial “digital divide” that bifurcated workers into those who knew how to use computers …
BBC:
UK regulator bans mobile carriers from selling locked phones from December 2021  —  The UK's mobile networks are to be forbidden from selling phones locked to their services from December 2021.  —  Regulator Ofcom said unlocking handsets could often be a complicated process …
Chaim Gartenberg / The Verge:
T-Mobile will debut live TV streaming service TVision on Nov. 1, with TVision Vibe available for $10/mo. and more expensive TVision Live tiers with sports, news  —  Including a new $10-per-month option  —  After years of anticipation, T-Mobile is finally getting into the live TV business …
Anthony Ha / TechCrunch:
Vimeo launches Vimeo Record, a free tool to help teams communicate through video messages that has subscription options for premium features  —  Vimeo Record is a new product that allows teams to communicate through video messages.  —  Vimeo CEO Anjali Sud said that while the pandemic …

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