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October 24, 2018, 5:50 PM
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Top News

Microsoft:
Microsoft reports Q1 revenue of $29.1B, up 19% YoY, net income of $8.8B, up 34% YoY; Azure revenue grew 76%, LinkedIn revenue grew 33%, Surface revenue grew 14%  —  Microsoft Cloud Strength Powers Record First Quarter Results  —  REDMOND, Wash. — October 24, 2018 — Microsoft Corp. today announced …
Natasha Lomas / TechCrunch:
Tim Cook attacks the “data industrial complex” and calls for comprehensive US privacy laws in speech at conference on data protection and privacy in Brussels  —  Apple's CEO Tim Cook has joined the chorus of voices warning that data itself is being weaponized again people and societies …
The Keyword:
Google now lets users review and delete their recent search activity and provides easier access to privacy controls, on desktop today and mobile apps later  —  We're always working on making it easier for you to understand and control your data so you can make privacy choices that are right for you.
Casey Newton / The Verge:
A look at two features Twitter is testing: “presence indicators”, which say what users are doing while they tweet, and “ice breakers” to start conversations  —  Executives say they want to enhance conversations on the platform  —  Twitter is testing new features designed …
The Verge:
Leaked Google contract stipulates that Android device makers provide at least two years of security updates for phones and tablets that have 100K+ activations  —  Every month, a security team at Google releases a new set of patches for Android — and every month, carriers and manufacturers struggle …
The Daily Beast:
Amazon pitched its facial recognition surveillance tech to ICE and continued its dialogue with the US immigration agency in the midst of critical media coverage  —  Amazon employees are up in arms about possible collaborations with law enforcement.  That hasn't stopped Amazon reps from pitching ICE on its face-scanning tech.
Angelo Amante / Reuters:
Italian anti-trust watchdog fines Apple and Samsung €5M over phone throttling complaints and Apple an additional €5M over lack of info on battery replacement  —  ROME (Reuters) - Italy's anti-trust watchdog said on Wednesday it was fining Apple Inc. (AAPL.O) and Samsung Electronics Co Ltd …
Alex Heath / Cheddar:
Leaked internal survey of Snap's ~3,000-person workforce shows 40% don't plan to stay, up 11% since Q1 2018, as Snap stock has tumbled in recent months  —  Snapchat employees are looking to jump ship in growing numbers after a botched app redesign and drop in stock price soured many on the company's future …
Jason Schreier / Kotaku:
Interviews with dozens of employees detail Rockstar Games' culture of “crunch”, after a studio co-founder's 100-hour weeks remark triggered industry discussion  —  In the final year of development on Red Dead Redemption 2, the upcoming Western game, the top directors decided …
New York Times:
The marked contrast between Amazon's and Sears' compensation plans shows the shift in recent years away from employees to shareholders  —  Half a century ago, a typical Sears salesman could walk out of the store at retirement with a nest egg worth well over a million in today's dollars, feathered with company stock.
Heather Somerville / Reuters:
Sources describe problems at GM's Cruise self-driving car unit, which has had delays, issues with software, and more, after landing $5B in investments  —  SAN FRANCISCO (Reuters) - It's one of the biggest bets going in the world of cars.  —  Since May, General Motors Co …
Taylor Hatmaker / TechCrunch:
Two years after acquiring Drip, Kickstarter hands control of the platform to Andy Baio and XOXO co-founder Andy McMillan and provides new seed funding for it  —  Taylor Hatmaker @tayhatmaker / 7 hours  —  Two years ago, Kickstarter acquired Drip, an indie musician crowdfunding platform, on the eve of the service's untimely demise.
Lorenzo Franceschi-Bicchierai / Motherboard:
Researchers: Germany-based spyware firm Wolf Intelligence left 20GB of data on an unprotected server and a public Google Drive folder, including customer info  —  The Germany-based spyware startup Wolf Intelligence exposed its own data, including surveillance target's information …
Wolfie Zhao / CoinDesk:
Japan's finance regulator grants legal status to cryptocurrency exchange association as a self-regulatory industry body  —  The Financial Services Agency (FSA), Japan's finance regulator, has formally approved a cryptocurrency exchange association as a self-regulatory industry body.
Michelle Castillo / CNBC:
Snap says it hired Jeremi Gorman, most recently Amazon's head of ads sales, as its chief business officer and Jared Grusd as its chief strategy officer  —  - Jeremi Gorman will become chief business officer, and was previously head of advertising sales for Amazon.
Natalie Gagliordi / ZDNet:
AMD reports Q3 revenue of $1.65B, vs. $1.7B est., up 4% YoY, net income of $102M, up from $61M YoY, but low Q4 guidance; stock down 24%+ after hours  —  The company missed third quarter revenue targets and issued lower-than-expected fourth quarter guidance.
New York Times:
Google plans to reach five million schoolchildren with a digital citizenship education program, but critics say it should be disqualified from doing so  —  The tech giant is positioning itself in schools as a trusted authority on digital citizenship at a moment when the company's data-handling practices are under growing scrutiny.

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This is a Techmeme archive page. It shows how the site appeared at 5:50 PM ET, October 24, 2018.

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

Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

Gene Maddaus / Variety:
WGA East members working for PBS member stations reach a deal, averting a strike; the union says the deal expands protections to animation writers

More News

Earlier Picks

Jacob Kastrenakes / The Verge:
Motorola and iFixit partner on DIY battery and screen repair kits that include official parts and cost $40 to $200; faulty repair of a phone may void warranty
Nikhilesh De / CoinDesk:
Coinbase adds its first stablecoin, a Circle-issued coin called USDC tied to the US dollar, which US customers outside NY state can buy and sell
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