Apple reports Q4 revenue of $64.7B, up from $64.0B YoY, of which $50.1B came from products, $14.5B from services, and net income of $12.7B; stock down 3%+
Company revenue sets September quarter record Services and Mac revenue reach new all-time high — Apple today announced financial results …
Facebook Q3: $21.47B revenue, up 22% YoY, net income $7.85B, up 29% YoY, as DAUs rise 12% YoY to 1.82B, MAUs rise 12% YoY to 2.74B
Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter ended September 30, 2020. — “We had a strong quarter as people and businesses continue …
Alphabet reports Q3 revenue of $46.17B, up 14% YoY, net income of $11.25B, from $7.07B YoY, Other Bets operating loss grew to $1.1B; stock up 7%+
MOUNTAIN VIEW, Calif. - October 29, 2020 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2020.
Apple will launch the Apple One subscription bundle on October 30, with Fitness+ launching later in the quarter
here's how to sign up Julia Alexander / The Verge : Apple's big services bundle, Apple One, launches tomorrow Josiah Motley / KnowTechie : Apple One, which combines a variety of Apple services, is com...
Biden campaign says Facebook blocked thousands of its ads approved prior to Facebook's ban; Facebook blames advertisers' misunderstanding and a technical glitch
Biden's campaign said ads that had previously been approved by the tech giant have been erroneously removed.
Apple Q4: iPhone sales of $26.44B, down 20% YoY, Mac sales $9.03B, up from $6.99B YoY, and iPad sales of $6.8B, up from $4.66B YoY
Larry Dignan / ZDNet :
Apple's international sales were 59% of Q4 revenue but were down 28.6% YoY in China to $7.95B, likely due to the delayed arrival of new iPhones
While 2020 won't be remembered fondly in history books, it has been quite good for Apple, which is ending its fiscal 2020 with record revenues for three of its four quarters.
Netflix increases pricing for standard plan by $1 to $14/month and premium tier by $2 to $18/month; basic plan will remain $9/month
The basic plan will remain $9 a month — Netflix is introducing price hikes for its US subscribers today, increasing its standard plan to $14 a month and its premium tier to $18 a month.
Apple reports FY 2020 revenue of $274.5B, up 5.5% YoY from $260.2B in 2019, of which $220.7B came from products, $53.8B from services, and net income of $57.4B
Tim Higgins / Wall Street Journal :
Amazon reports Q3 revenue of $96.15B, net sales increase of 37% YoY, net income of $6.3B, up from $2.1B YoY, and AWS net sales of $11.6B, up 29% YoY
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2020.
353.6M smartphones shipped in Q3 2020, with Samsung shipping 80.4M up 2.9% YoY, Huawei 51.9M, down 22%, Xiaomi 46.5M, up 42%, and Apple 41.6M, down 10.6%
FRAMINGHAM, Mass., October 29, 2020 -The worldwide smartphone market showed signs of improvement in the third quarter of 2020 (3Q20) …
Instagram says it will temporarily remove the “Recent” tab from hashtag pages to reduce the spread of misinformation leading up to the US election
- Instagram announced it will temporarily remove the recent tab from hashtag pages to reduce the spread of misinformation in the lead up to the U.S. election.
Apple reports an all-time high of 585M paid subscriptions for its services in Q4, growing by 135M YoY, on track to reach 600M by the end of 2020
Mike Peterson / AppleInsider :
Facebook's Q3 “Other” revenue, including sales of Oculus and Portal, was $249M, down 7% YoY, but Facebook says strong Oculus Quest 2 sales may boost Q4 revenue
Salvador Rodriguez / CNBC :
Facebook Q3: ad revenue was $21.2B, up 22% YoY from $17.4B despite July's ad boycott; Facebook expects higher ad growth in Q4 from holiday season
Ted Johnson / Deadline :
Apple reports Wearables, Home, and Accessories category sales of $7.9B, up 21% YoY; 75% of Watch sales in September were by users new to the Apple Watch
Juli Clover / MacRumors :
Google adds a free VPN service for users of its 2TB plan on Google One, rolling out first to US Android users, with more countries, iOS and web to follow
Back in July, Google's storage subscription service made phone backups free on Android and announced plans for iOS.
Samsung launches SmartThings Find app to track down lost Galaxy devices, works with Galaxy phones, tablets, Buds, Watches, and more
Smartphones and other devices are so intertwined with our lives that losing one can be traumatic. To that end, Samsung has unveiled SmartThings Find …
YouTube reports $5B in Q3 ad revenue, up 30% YoY from $3.8B, has more than 30M paid music and premium subscribers; YouTube TV has more than 3M subscribers
Parent company Alphabet reported better-than-expected third quarter ad revenue results — Google parent company Alphabet's third …
Amazon reports Q3 “other” category revenue, which mostly covers its ad business, of $5.4B, up 51% YoY, and subscription services revenue of $6.58B, up 33% YoY
Emil Protalinski / VentureBeat :
UK's ICO reduces Marriott fine for a 2014 data breach, in which 339M Starwood hotels guest records were affected, from £99M to £14.4M
The UK's ICO has reduced the size of a data breach penalty for hotel business Marriott — dropping it to £14.4 million (~$23.8M) …
Twitter beats with Q3 revenue of $936M, up 14% YoY, vs $777M est., ad revenue of $808M, up 15% YoY, but mDAUs of 187M, up 29% YoY, vs.196M est.; stock down 15%+
Lauren Feiner / CNBC :
Under Armour to sell MyFitnessPal to investment firm Francisco Partners for $345M, after buying it in 2015 for $475M, and sunsetting Endomondo, bought for $85M
Global fitness giant Under Armour announced this morning that it will be selling MyFitnessPal to investment firm Francisco Partners …
Profile of FCC's Brendan Carr, a potential FCC chairman if Trump is reelected, and a key figure in the Republican fight against Big Tech
SHARE All sharing options — Ted Cruz was shouting at Jack Dorsey. — “Who the hell elected you and put you in charge of what the media are allowed …
Alphabet's “Other Bets”, which includes Waymo, Verily, Fiber, and others, had a Q3 operating loss of $1.1B, an increase from $941M YoY, on revenues of $178M
Abner Li / 9to5Google :
Wisconsin Republican Party says hackers stole $2.3M from its federal account; party chairman says the FBI is investigating
A look at “perception hacks”, small attacks that can undermine confidence if exaggerated, and other scenarios that election officials are keeping an eye on
perception hacks are designed to trick us into thinking there has been widespread manipulation when there hasn't. The threat actors will keep trying, but we don't have to take the bait! https://www.ny...
Leaked 2018 doc shows Binance conceived of an elaborate corporate structure designed to intentionally deceive regulators and profit from US crypto investors
Apple et al do the same thing. (Allegations about encouraging US citizens to subvert AML is a different matter of course). In any event, great reporting @DelRayMan https://www.forbes.com/... Kontra / ...
Corsair announces it has acquired the EpocCam app, which turns iOS devices into high definition Mac and PC webcams; EpocCam creator Sam Grohn to join Elgato
Brian Heater / TechCrunch :
Researchers extract Intel's secret key for encrypting and decrypting security updates that patch vulnerabilities on its Goldmont architecture-based CPUs
Dan Goodin / Ars Technica : Tweets: @dangoodin001 Tweets: Dan Goodin / @dangoodin001 : The research behind this hack is stellar. It opens the door to tethered jailbreaks and rooting like those done o...
Activision Blizzard reports Q3 net revenue of $1.95B, up 38% YoY, vs. estimated $1.7B; company plans to hire 2,000+ staff to meet production demands
Dean Takahashi / VentureBeat :
Researchers find candidates and PACs are increasingly turning to influencers for the election as platforms like Facebook and Twitter clamp down on bots and ads
Arielle Pardes / Wired : Tweets: @wired and @pardesoteric Tweets: @wired : Nanoinfluencers tend to have closer relationships to their audience and higher engagement too. That kind of authentic connec...
ByteDance launches its first gadget, a $119 smart lamp aimed at school-going children, with a built-in camera to let parents tutor remotely
Brazil-based payments processor Conductor raises $150M led by Viking Global Investors to expand in Latin America
Intel announces it will acquire SigOpt, a startup building a platform to optimize AI models; SigOpt will join Intel's machine learning performance division
Kyle Wiggers / VentureBeat :
Online auto insurance provider Root raises $724M in IPO, with shares closing the day at $27, giving it a market valuation of $6.8B
Bloomberg :
Shopify Q3: revenue of $767.4M, up 96% YoY, vs $658M est., gross merchandise volume of $30.9B, up 109% YoY, ended Q3 with $6.12B in cash and equivalents
Larry Dignan / ZDNet :
Arable, which makes connected devices for agricultural insights and predictions for farmers, raises $20M Series B led by Prelude Ventures
Kyle Wiggers / VentureBeat :
Ant Group's $10.3B raise in 2018, its first from non-Chinese investors, promises a combined $8B gain for Silver Lake, Warburg Pincus, and others when Ant IPOs
Sports streaming service DAZN is expanding to 200 countries and territories on December 1
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
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Protecting your Cloud Applications Data
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