Techmeme
November 7, 2017, 9:35 PM

Top News

Snap Investor Relations:
Snap reports Q3 net loss of $443.2M, vs. last year's $124.2M, and writes off $39.9M in unsold Spectacles inventory  —  VENICE, Calif.—(BUSINESS WIRE)— Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended September 30, 2017.
Chris Welch / The Verge:
Evan Spiegel says Snap is redesigning Snapchat to make it easier to use and expects that it will be “disruptive to our business in the short term”  —  New version of the Android app also in the works  —  In today's earnings letter to Snap investors, CEO Evan Spiegel revealed …
Caitlyn Gribbin / ABC:
Facebook tests hashing to eliminate revenge porn in some countries; users send nude pics to themselves that Facebook will hash so they never appear on its sites  —  If you've had a nude photo taken, you might be nervous about where it could end up.  —  Your phone may be hacked …
Timothy B. Lee / Ars Technica:
Waymo now offers free taxi rides in fully driverless cars in Phoenix, plans for a paid taxi service; at first, most of the cars will have employee in back seat  —  Waymo's first product will be a driverless taxi service in the Phoenix area.  —  Driverless cars are here.
Casey Newton / The Verge:
Twitter is rolling out 280-character tweets around the world  —  Double trouble  —  In most of the world, the iconic 140-character tweet is now officially a thing of the past.  Twitter said today that after a global test, 280-character tweets will roll out to users around the world.
Dara Khosrowshahi / LinkedIn:
Uber CEO announces new “cultural norms” for company after employee input: celebrate differences, do the right thing, act like owners, make big bold bets  —  I've spent my first two months as Uber's CEO meeting our teams around the world, dealing with a few firefights …
Jon Russell / TechCrunch:
Major flaw in Parity multi-sig wallets, often used in ICOs, potentially freezes hundreds of millions of dollars worth of Ethereum  —  Today is not a good news day for Ethereum.  A vulnerability found within a popular wallet has frozen potentially hundreds of millions of dollars …
Ben Thompson / Stratechery:
iPhone X shows how Apple's integration of hardware and software fends off less integrated rivals, like Google, even when rival services are superior  —  The history of Apple being doomed doesn't necessarily repeat, but it does rhyme.  —  Take the latest installment, from Professor Mohanbir Sawhney …
BBC:
Facebook promoted comments expressing disbelief under news stories as part of an experiment that has since ended  —  A Facebook test that promoted comments containing the word fake to the top of news feeds has been criticised by users.  —  The trial, which Facebook says has now concluded …
Tarinder Sandhu / HEXUS.net Tech Latest Content:
Memo: Raja Koduri, AMD Radeon Technologies Group leader, to leave company after two years  —  One of Raja Koduri's last acts as chief of the Radeon Technologies Group  —  Remember when we reported on the Radeon Technologies Group boss, Raja Koduri, taking a leave of absence with an intent to return to the fold in December?
Stephen Nellis / Reuters:
TechInsights: iPhone X sells for $999 and costs Apple $357.50, giving it a gross margin of 64%; iPhone 8 sells for $699 with a 59% gross margin  —  (Reuters) - Apple Inc's (AAPL.O) new flagship iPhone X makes the company more money per phone than its iPhone 8 model, according to an analysis …

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