Techmeme
October 29, 2019, 6:55 AM

Top News

Mike Isaac / New York Times:
Sources: over 250 Facebook employees have signed a letter visible on an internal forum that says letting politicians lie in ads is “a threat” to the company  —  In an open letter, the social network's employees said letting politicians post false claims in ads was “a threat” to the company.
Reuters:
Sources: Alphabet has made an offer to buy wearable device maker Fitbit; Fitbit's stock closes up 30% on the news  —  (Reuters) - Google owner Alphabet Inc (GOOGL.O) has made an offer to acquire U.S. wearable device maker Fitbit Inc (FIT.N), as it eyes a slice of the crowded market …
Catalin Cimpanu / ZDNet:
Microsoft says hackers from Strontium, also known as Fancy Bear/APT28, are targeting 16 global sporting and anti-doping organizations ahead of 2020 Olympics  —  Microsoft said APT28 targeted “at least 16 national and international sporting and anti-doping organizations.”
Apple:
Apple unveils AirPods Pro, with active noise cancellation, transparency mode, silicone ear tip design, and water resistance, coming October 30 for $249  —  All-New Design Features Active Noise Cancellation for Immersive Sound  —  Cupertino, California — Apple today announced AirPods Pro …
Alphabet:
Alphabet reports Q3 revenue of $40.5B, up 20% YoY, operating income of $9.2B, up from $8.6B YoY, and net income of $7.1B, down from $9.1B YoY  —  “I am extremely pleased with the progress we made across the board in the third quarter, from our recent advancements in search and quantum computing …
Wolfie Zhao / CoinDesk:
Following Xi Jinping's speech urging adoption of blockchain tech, the CPC releases a decentralized app for members to attest their loyalty on a blockchain  —  China's Communist Party (CPC) is taking its leader's support for blockchain to heart.  —  Following Xi Jinping's bombshell speech …
Zack Whittaker / TechCrunch:
FCC proposes rules requiring telcos remove Huawei and ZTE equipment, in two draft orders slated to be voted on at a meeting on November 19  —  The Federal Communications Commission said it will move ahead with proposals to ban telecommunications giants from using Huawei and ZTE networking equipment …
Mark Gurman / Bloomberg:
Sources: Apple is working on new smart home products with a new team headed by Andreas Gal, the former Mozilla CTO and co-founder of Apple-acquired Silk Labs  —  The iPhone maker's effort in smart-home devices trails rivals.  A new team wants to change that.
Judd Legum / Popular Information:
How Ben Shapiro's massively popular right-wing site The Daily Wire gets promoted in an inauthentic, coordinated manner by 14 Facebook pages followed by millions  —  The Daily Wire, the right-wing website founded by pundit Ben Shapiro, is a cesspool of misogyny, bigotry, and misinformation.
Hugh Son / CNBC:
Uber unveils Uber Money, a division for efforts like digital wallets and upgraded debit and credit cards, focusing at first on getting 4M drivers a bank account  —  - The ride company announces a new division called Uber Money, which includes a digital wallet and upgraded debit and credit cards.
Bloomberg:
China has created a $29B state-backed fund to invest in the semiconductor industry, from design to manufacturing, to reduce its dependency on US technology  —  - Second of its kind, the fund is mainly backed by state capital  — China wants to become self-reliant in chip-making and design
Tom Warren / The Verge:
Microsoft revives Xbox All Access for US gamers and expands it to the UK and Australia; prices start at $20 per month, with a Project Scarlett upgrade option  —  Xbox All Access bundles from as little as $19.99 per month  —  Microsoft is bringing its Xbox All Access bundle back, just in time for the holiday season.

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Earlier Picks

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Angus Crawford / BBC: