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January 31, 2019, 12:05 PM
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Top News

CNBC:
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.
Facebook:
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.
Nick Summers / Engadget:
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.
Rob Price / Business Insider:
Memo: Facebook confirms Apple disabled access to internal iOS apps and says it's “working closely” to reinstate “our most critical internal apps immediately”
The Verge:
Apple shuts down Facebook's ability to distribute internal iOS apps, blocking staff transportation app and early releases of Facebook, Instagram, and Messenger
Josh Constine / TechCrunch:
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
Bloomberg:
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
Kyle Wiggers / VentureBeat:
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) …
Kyle Wiggers / VentureBeat:
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” …
Sam Byford / The Verge:
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.
Athena Jones / CNN:
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 …
Microsoft:
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 …
Frank Chaparro / The Block:
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.
Kyle Wiggers / VentureBeat:
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.
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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Alex Sherman / CNBC:
Analyzing Comcast's spinoff of cable networks, purposefully structured with low debt: the move might be a signal to the industry that it's time to consolidate

Daniel Thomas / Financial Times:
James Harding says the Tortoise-Observer deal could create a profitable media group and there isn't a guaranteed future for the Observer with the Guardian

Charlie Savage / New York Times:
Trump says Republicans must kill the PRESS Act, which would protect journalists' records and sources from the US government; the bill is stalled in the Senate

More News

Christine Kim / CoinDesk:
“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

Earlier Picks

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
Jack Nicas / New York Times:
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
Michael Bott / NBC Bay Area:
Unsealed court documents: FBI arrests second Chinese Apple employee for allegedly trying to steal trade secrets related to Apple's autonomous vehicles
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