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October 17, 2019, 6:50 AM
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| Annie Palmer / CNBC: |
Netflix reports Q3 revenue of $5.25B, up 31% YoY, 158M paid subs globally, up 21% YoY, as net adds increase to 6.8M, up 12% YoY but below 7M company forecast — Netflix CEO Reed Hastings split the company in two in 2011, thinking that the growing ubiquity of high-speed Internet access …
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Netflix Investor Relations, The Verge, Vox, AppleInsider, Engadget, Yahoo Finance, Fast Company, 9to5Mac, Silicon Valley Business …, Bloomberg, Cult of Mac, CNET, Thurrott, Telegraph, Financial Times, Business Insider, Wall Street Journal, Business Insider, Reuters, Variety, Business Insider, International Business Times, The Streamable, Android Headlines, Axios, Observer, and GameSpot
Tweets: @pkafka, @jank0, @zeitchikwapo, @lamonicabuzz, @stevekovach, @psmith, @stevekovach, @engadget, @cnbc, @lucas_shaw, @jank0, @chriskeall, @zeitchikwapo, @matthewkeyslive, @jank0, and @jboorstin
| Jason Gurwin / The Streamable: |
Netflix says it expects “modest headwind” to near-term growth, but long-term growth should continue as new streaming services accelerate shift from linear TV — The Streamable is reader-supported and may earn an affiliate commission when you sign up with our links.| Zack Whittaker / TechCrunch: |
US, UK, and South Korea dismantle one of the largest child exploitation dark web sites, with 200K unique videos; over three dozen people have been arrested — The Justice Department says it's dismantled one of the largest child exploitation sites on the dark web.| Wall Street Journal: |
Inside Facebook's attempt to launch its cryptocurrency, as major partners and most payments providers withdraw from Libra Association amid regulatory pressure — Major partners bolted after Washington challenged the social-media giant's foray into finance — David Marcus gathered …
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Yahoo Finance, Business Insider, Axios, Business Insider, Cointelegraph, Seeking Alpha, and Bloomberg
Tweets: @srussolillo, @smtuffy, @wsjtech, @wsj, @davidgerard, @davidclowery, and @wsj
| Jordan Pearson / VICE: |
Yahoo says it is shutting down its long-running Yahoo Groups platform on October 21 and will permanently delete all posted content on December 14 — Users won't be able to upload new content to the site after October 21 and have until December 14 to archive their content, Yahoo said in an announcement.
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Help for Yahoo Account, BetaNews, Engadget, SlashGear, and Firstpost Tech
Tweets: @bdowney, @marccanter4real, @ron_miller, @wizardofid, @mattmcgee, @swyx, @joshelman, @travelingheidi, @wingedpig, @syneryder, @sigmundbloom, @amstanley, and @zck
| Joe Otterson / Variety: |
Mike Isaac's book, Super Pumped: The Battle for Uber, will be the basis for a Showtime series by Billions creators Brian Koppelman and David Levien — Brian Koppelman and David Levien are developing a limited series about ridesharing company Uber for Showtime.
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Axios, Deadline, The Verge, Hollywood Reporter, The Wrap, Engadget, New York Post, Business Insider, TVLine, Gizmodo, and IndieWire
Tweets: @briankoppelman, @pkafka, @mikeisaac, @jank0, @laurawags, @yashar, @tomstonemayer, @poniewozik, @nitashatiku, @seyitaylor, @strngwys, and @eugenewei
| Makena Kelly / The Verge: |
FCC has formally approved the merger between T-Mobile and Sprint on a party-line vote, with Democrats dissenting — But the deal won't close just yet — On Wednesday, the Federal Communications Commission formally approved the merger between T-Mobile and Sprint, an FCC official told The Verge.
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The Atlantic, Axios, Federal Communications …, Reuters, SiliconANGLE, BGR, FierceWireless, Android Headlines, Cult of Mac, Digital Trends, Android Police, ZDNet, GeekWire, TechSpot, iPhone Hacks, CNBC, TmoNews, XDA Developers, Engadget, CNET, TechCrunch, Droid Life, Android Authority, iMore, AppleInsider, Fast Company, and 9to5Mac
| Mary Jo Foley / ZDNet: |
Microsoft announces two new open-source projects, Open Application Model and Dapr, to make it easier for developers to build cloud, edge, and Kubernetes apps — Microsoft is introducing two new specs, the Open Application Model and Dapr, with the aim of making building cloud, edge and Kubernetes apps easier.
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Open Source Blog, Open Source Blog, The Register, GitHub, TechCrunch, SiliconANGLE, BetaNews, MSPoweruser, and MSPoweruser
Tweets: @markrussinovich, @h0x0d, @markrussinovich, @openatmicrosoft, and @grork
| Natalie Jarvey / Hollywood Reporter: |
Inside Bob Iger's risky bet on Disney+, set to launch with 35 originals in first year, which executives hope will have 60M to 90M global subscribers by 2024 — Disney+ leads a wave of billion-dollar Netflix competitors that are transforming the entertainment industry and launching a new age of ambition …
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iDownloadBlog.com and Business Insider
Tweets: @thr, @josemluna, @thr, @manabyte, and @carlquintanilla
| Ben Thompson / Stratechery: |
Google's “ambient computing” vision, powered by smartphones and in-home devices, plays to its strengths, but challenges remain, like high costs to consumers — The most surprising revelation from yesterday's Made by Google 19 keynote came in Google Senior Vice President of Devices … | Rob Merrick / The Independent: |
After delays, the UK government quietly drops its controversial plan to implement an age verification requirement for porn websites — The long-delayed measure - one of the first of its kind in any democratic country - had been plagued by legal and technical difficulties
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UK Parliament, The Guardian, TechCrunch, Geek.com, HuffPost UK, Reclaim The Net, The Verge, Gizmodo, TechSpot, Yahoo Finance, BetaNews, Mirror.co.uk, birminghammail, The Register, Business Insider, PoliticsHome.com, and Inquirer
Tweets: @latentexistence, @martinsfp, and @martinbelam
| Craig Silverman / BuzzFeed News: |
Investigation: US ad agency Ads Inc. ran a subscription-based Facebook scam whereby users rented their account to Ads Inc., which ran $50M in ads since 2016 — Asher Burke built his company, Ads Inc, on the back of one of the internet's most persistent, lucrative, and sophisticated scams — the subscription trap.| Yoolim Lee / Bloomberg: |
Graphic design app Canva raises $85M led by Mary Meeker's VC firm Bond Capital at a valuation of $3.2B, five months after raising $70M at a $2.5B valuation — - Sydney-based Canva plans to double workforce in coming year — Focus on scaling up through expanded enterprise offering| Olivia Carville / Bloomberg: |
IBM reports Q3 revenue of $18B, down 3.9% YoY, the fifth consecutive down quarter; Red Hat sales of $371M, included for the first time, did not stop the decline — - Third-quarter revenue fell 3.9% in fifth period of decline — Red Hat included in results for first time since 2018 purchase
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SiliconANGLE, MarketWatch, FreightWaves, Reuters, Current Industry, ZDNet, Wall Street Journal, Financial Times, and CNBC. Tweets: @business
| Hollywood Reporter: |
Inside's Apple steep learning curve with TV+ and Hollywood, as sources say the company already well outspent its projected $1B annual content budget — After a few false starts and a little offscreen drama, AppleTV+ finally makes its big debut with a slate of shows, Jennifer Aniston …
More:
Spoiler TV, iPhone in Canada Blog, Fortune, iLounge, and iMore
Tweets: @thr, @thrmattbelloni, @designatednerd, @richlightshed, @jason, and @hsteinfeldnews
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