Intel names Robert Swan CEO, its seventh one in 50 years, following the ouster of Brian Krzanich in June 2018
- Analysts and media outlets speculated early on about several possible candidates, including two female executives who had left Intel in the relatively recent past.
Nintendo reports Q3 profit of ~$1.5B, up 36% YoY, on revenue of $5.6B, up 26% YoY, sells 9.41M Switch consoles, but cuts its fiscal year target from 20M to 17M
Nintendo sold 9.41 million Switch consoles in the three months leading up to December 31st, 2018, bringing lifetime sales to 32.27 million.
Facebook reports Q4 net income of $6.9B, up 61% YoY, revenue of $16.9B, up 30% YoY, DAUs of 1.52B, up 9% YoY, and headcount of 35,587, up 42% YoY; stock up 11%+
Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2018.
Apple shuts down Facebook's ability to distribute internal iOS apps, blocking staff transportation app and early releases of Facebook, Instagram, and Messenger
The Verge :
Zuckerberg says combining Facebook's messaging apps into a unified platform is a “2020 thing or beyond”
Chaim Gartenberg / The Verge :
Apple says it revoked Facebook's Enterprise Certificate yesterday used to distribute the Research app outside of App Store, before Facebook could shut it down
but I should have said it's unclear if that means the Google Play Store proper, or if we're talking about a sideloaded Android app. My apologies. Brian Fung / @b_fung : That Facebook's response consis...
Facebook says Instagram Stories has 500M daily users, will phase out Facebook-only metrics, focusing on “family” metrics like 2.7B monthly users across apps
Roughly half of Instagram's users 1 billion users now use Instagram Stories every day.
Zuckerberg shares Facebook's 2019 priorities: progress on the social issues facing it, building new experiences, supporting businesses, and more transparency
Mark Zuckerberg :
Hackers are distributing Collections #2-5, 845GB of usernames and passwords or 25B records, almost tripling Collection #1, on hacker forums and torrents
WHEN HACKERS BREACHED companies like Dropbox and LinkedIn in recent years—stealing 71 and 117 million passwords, respectively …
Sources: Apple tests USB-C iPhones and iOS dark mode for 2019, plans updated 10" iPad this spring, laser-based 3D cameras to aid AR on iPhones as soon as 2020
- Company is testing a triple camera system for 2019 phones — New low-end iPads and an updated iPhone XR also in the works
Memo: Facebook confirms Apple disabled access to internal iOS apps and says it's “working closely” to reinstate “our most critical internal apps immediately”
Rob Price / Business Insider :
Google says Google+ for consumers will shut down April 2; all content posted by consumer accounts, including Google+ pages, photos, and videos, will be deleted
In late 2018, Google announced that it would shut down Google+, its beleaguered social network, for consumers due to “low usage” …
IDC: 375.4M smartphones shipped in Q4 2018, down 4.9% YoY, closing out worst year; Apple shipped estimated 68.4M iPhones, down 11.5% YoY; Samsung was top vendor
The smartphone market isn't looking too hot. In a report published today, research firm International Data Corporation (IDC) …
Microsoft Q2: revenue of $32.5B, up 12% YoY; Productivity and Business Processes revenue of $10.1B, up 13% YoY; Intelligent Cloud revenue of $9.4B, up 20% YoY
Microsoft Cloud Strength Fuels Second Quarter Results — REDMOND, Wash. — January 30, 2019 — Microsoft Corp. today announced …
Ultraviolet, the cloud movie locker that launched in 2011 with support from major Hollywood studios, is shutting down on July 31
Ultraviolet, a cloud movie locker once hailed as Hollywood's best bet to get consumers hooked on digital movies, is shuttering.
Facebook reports Q4 average revenue per user was $7.37, up 21% QoQ and 19% YoY, vs. $7.11 est.; MAUs in Europe and Asia-Pacific rose YoY as N. America was flat
Sara Salinas / CNBC :
Samsung reports Q4 revenue of $53.3B, down 10% YoY, operating profit of $9.7B, down 29% YoY, says earnings primarily affected by falling demand for memory chips
Samsung Electronics has turned in an earnings report in line with its guidance, as happens every quarter.
New York AG, in precedent-setting settlement, finds selling fake followers and likes or using stolen IDs on social media is illegal in its case against Devumi
New York (CNN Business)A company that brought in millions of dollars in revenue by creating fake social media posts and comments …
Binance now allows users to buy cryptocurrencies like bitcoin, ethereum, litecoin, and XRP with a credit or debit card
Binance, the largest spot cryptocurrency exchange by trading volume, is now accepting credit and debit cards for crypto payments, the firm announced Thursday.
Apple shutting down Facebook's internal iOS apps should serve as a reminder of the power Apple holds over the rest of us
At around 2:30 a.m. ET on Wednesday, Facebook sent me an update about the controversial market research program revealed on Tuesday by TechCrunch. Tweets: @caseynewton , @qwertyoruiopz , @caseynewton ...
Microsoft meets Q2 expectations with $32.5B revenue; Azure revenue grew 76% YoY, LinkedIn revenue grew 29% YoY, and Surface revenue grew 39% YoY
Emil Protalinski / VentureBeat :
Microsoft says chip supply issues hurt its Q2 Office and Windows revenues and that negative effects “will take through the June quarter to normalize”
Mary Jo Foley / ZDNet :
Fake news outlets switch domain names to get past Facebook's fact-checking system, publishing old stories under new names to regain reach on Facebook
One of the most frequently debunked fake news publishers on Facebook is still getting past the platform's fact-checking system — and it's doing it by using the simplest of tricks.
“Wrapped Bitcoin” (WBTC), a joint initiative between BitGo and other partners, has launched its ERC-20 token that is backed one-to-one by a regular bitcoin
Christine Kim / CoinDesk :
Augury, which uses AI to predict equipment failure based on ultrasonic vibrations, raises $25M Series C led by Insight Venture Partners
What do you hear when you put your ear up against a rumbling combustion engine, a whirring fan, or a thumping pneumatic press? Probably noise.
Microsoft reports Q2 gaming revenue was up 8% YoY as Xbox software sales revenues and services rise 31% YoY
Mike Minotti / VentureBeat : Tweets: @fxshaw , @zhugeex , @zhugeex , and @zhugeex Tweets: Frank X. Shaw / @fxshaw : Our largest quarter for gaming revenue reflects investments in content, community a...
DHS announces changes to H-1B visa lottery favoring workers with US advanced degrees starting April 1, making it harder for outsourcers to hire from abroad
Melia Russell / San Francisco Chronicle :
Unsealed court documents: FBI arrests second Chinese Apple employee for allegedly trying to steal trade secrets related to Apple's autonomous vehicles
Michael Bott / NBC Bay Area :
Venmo processed $19B in payments in Q4, up 80% YoY, and $62B in 2018, up 79% YoY, with an annual revenue of $200M+
- The company saw $19 billion in payments volume through its peer-to-peer lending app Venmo in the fourth quarter — an 80 percent increase year-over-year.
Grab raises $200M from Thai retail conglomerate Central Group, says the deal is not part of ongoing Series H but an investment into its Thailand-based business
it is putting $200M into Grab's Thailand business and integrating its many retail businesses into Grab, including food, logistics, customer transport and more http://techcrunch.com/...
PayPal misses with Q4 revenue of $4.23B, but saw $164B in total payment volume and 2.9M net new active accounts thanks to Hyperwallet and iZettle acquisitions
Jonathan Shieber / TechCrunch :
Google disables its Screenwise Meter app on iOS, which coaxed users into sharing info in a manner similar to Facebook's Research app but with better disclosure
TechCrunch :
Qualcomm reports Q1 revenue of $4.82B, down 20% YoY, net income of $1.1B, up from a $6B loss YoY, and projects Q2 licensing revenues of $1B-$1.1B, down 10%+ YoY
AlphaStreet :
Within days of Intel announcing it is expanding its chip plant in Israel, sources say it has bid $5.5B to acquire Israeli big data chipmaker Mellanox
Mike Robuck / FierceTelecom :
Crypto funds have begun resembling VC funds more than hedge funds, following a tough year; Polychain Capital raises $175M for fund with a 7-year lockup period
Olga Kharif / Bloomberg : Tweets: @ttfacer and @alastairjmarsh Tweets: Tim Facer / @ttfacer : Crypto funds morph into venture capitalists shunned in ICO boom • Polychain's $175 million fund includes ...
Argo AI, a self-driving car startup that received $1B from Ford in 2017, has obtained a permit to test its autonomous vehicles in California
Kirsten Korosec / TechCrunch :
Ironclad, a startup focused on automating the creation and management of legal contracts and other paperwork, announces $23M funding round led by Sequoia
Jordan Novet / CNBC :
Research: in 2018, startups in the SF Bay Area raised $22.4B across 87 $100M+ funding rounds; startups in the rest of US raised $24.9B across 103 $100M+ rounds
Joanna Glasner / Crunchbase News :
Electric scooter startup Grin, which merged with São Paulo-based Ride in October, merges with Brazil-based Yellow as it expands further across Latin America
Megan Rose Dickey / TechCrunch :
Reddit launches cost-per-click ads following a months-long beta with 50+ advertisers, saying it's Reddit's first foray into performance-driven ad bidding
David Cohen / Adweek :
Tim Baxter, Samsung North America's president and CEO, says he will retire on June 1, will be replaced by YH Eom, deputy head of Samsung North America
C. Scott Brown / Android Authority : Tweets: @inafried Tweets: Ina Fried / @inafried : Tim Baxter, head of Samsung's US business, is leaving the Korean electronics firm after 12 years. http://www.lin...
A lot of tech startups have promising ideas to fix the housing crisis, but the fundamental problem of affordability seems beyond their reach
Emily Badger / New York Times : Tweets: @emilymbadger , @byrosenberg , and @annehelen Tweets: Emily Badger / @emilymbadger : Technology has disrupted many corners of the economy. But the housing mark...
Analysis: Facebook's estimates for active fake accounts it reported in filings each quarter was significantly smaller than the number it said it had taken down
Jack Nicas / New York Times : Tweets: @jacknicas , @jacknicas , @jacknicas , @jacknicas , @jacknicas , and @jacknicas Tweets: Jack Nicas / @jacknicas : New: In the small print at the bottom of its ea...
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