Techmeme
November 1, 2018, 8:35 PM

Top News

Apple:
Apple reports Q4 revenue of $62.9B, up 20% YoY, profit of $14.1B, says services revenue reached an all-time high of $10B, up 27% YoY; stock down 6%+ after hours  —  Revenue Up 20 Percent and EPS Up 41 Percent to New September Quarter Records  —  Services Revenue of $10 Billion Reaches New All-Time High
Benjamin Mayo / 9to5Mac:
Apple will stop reporting unit sales for iPhone, iPad, and Mac starting next quarter, as CFO says units sold isn't representative of the state of business  —  Apple just announced on its earnings call that it will stop reporting unit sales for iPhone, iPad and Mac from next quarter — the start of its next financial year.
Stephen Nellis / Reuters:
Apple warns holiday sales may miss Wall Street expectations; Cook says negative forecast due to exchange rates, supply uncertainty, weakness in emerging markets  —  (Reuters) - Apple Inc on Thursday said sales for the crucial holiday quarter could miss Wall Street expectations …
The Cut:
Google walkout organizers share demands: end pay inequality and forced arbitration, better sexual misconduct reporting, a harassment transparency report, more  —  Last week, the New York Times published an article about Google's history of harassment, discrimination, support for abusers …
BuzzFeed News:
Google workers from Singapore, Japan, Israel, the UK, Ireland, India, and the US staged a walkout to protest the company's handling of sexual harassment  —  Groups of Google employees are staging walkouts at offices across the world in protest at how sexual misconduct allegations are handled by the company.
Chaim Gartenberg / The Verge:
Flickr says it will end 1TB storage for free accounts and delete all but the most recent 1,000 photos or videos if users don't upgrade to Pro by February 2019  —  Flickr was purchased in April by professional photo hosting service SmugMug, and today, the first major changes under the new ownership have been announced.
Micah Singleton / The Verge:
Sonos says it is delaying support for Google Assistant, announced in 2017 and slated for the Sonos One in 2018, until 2019  —  ‘The reality is that we need a bit more time to get the experience right’  —  Sonos is delaying support for Google Assistant until 2019, the company announced in a blog post today.
Yogita Khatri / CoinDesk:
Hong Kong's securities regulator says funds investing 10%+ of their portfolios in crypto will need a license and proposes new rules for crypto exchanges  —  Hong Kong's Securities and Futures Commission (SFC) says it will bring crypto funds under its securities regulations to improve investor protection.
Ina Fried / Axios:
Over 50 companies, including Apple, Amazon, Google, Intel, and Microsoft, sign letter opposing Trump administration's efforts to roll back transgender rights  —  More than 50 companies, many of them tech firms, have signed a letter opposing any effort by the Trump Administration to roll back transgender rights.
Reuters:
Spotify meets expectations in Q3 with revenue of €1.35B, up 31% YoY, adds 4M premium subscribers for a total of 87M, and reports 191M total MAUs; stock down 6%+  —  LONDON/STOCKHOLM (Reuters) - Spotify (SPOT.N), the world's most popular paid music streaming service …
Benjamin Mullin / Wall Street Journal:
Recode to be folded into Vox.com starting early next year with no expected layoffs; current EIC Dan Frommer will be replaced by Jason del Rey in the interim  —  Editor in Chief Dan Frommer to depart; no staff cuts are planned as a result of the combination, Vox said
Geoffrey A. Fowler / Washington Post:
Testing of battery life on flagship phones, including iPhone XS and Pixel 3, shows newer phones die faster than older ones, likely due to screen tech like OLED  —  Despite some notable exceptions, many 2018 smartphone batteries can't keep up.  Here's why — and what we can do about it.

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Earlier Picks

Brian Wheeler / BBC:
Financial Times: