Techmeme
October 24, 2019, 9:00 PM

Top News

Ingrid Lunden / TechCrunch:
Twitter misses Q3 estimates with revenue of $823.7M, up 9% YoY vs. $874M expected; 145M monetizable DAUs, up 17% YoY; stock closes down 20%+  —  Twitter today reported its earnings for the quarter that ended September 30, and the numbers delivered a big surprise, falling on both sales and earnings per share.
Megan Graham / CNBC:
Twitter says some users will start seeing more ads after it changed its historical approach of showing fewer ads to users with high follower counts  —  - Twitter's third-quarter earnings were marred by issues in a product that advertisers use to market mobile apps.
Amazon:
Amazon Q3: $70B revenue, up 24% YoY, net income of $2.1B, down from $2.9B in Q3 2018, AWS revenue of $9B, up from $6.7B in Q3 2018; stock down 7%+ after hours  —  SEATTLE—(BUSINESS WIRE) October 24, 2019—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2019.
Washington Post:
Senate Minority Leader Chuck Schumer and Senator Tom Cotton ask US intelligence officials to determine whether TikTok poses “national security risks”  —  Two senior members of Congress, Senate Minority Leader Charles E. Schumer (D-N.Y.) and Sen. Tom Cotton (R-Ark.) …
Ryan Broderick / BuzzFeed News:
TikTok says its content moderation policies are led by a US-based team and it will not remove content, including posts about Hong Kong, at the behest of China  —  Short-form video app TikTok can't shake an air of suspicion that surrounds it in the United States.
Julia Alexander / The Verge:
Michael “Shroud” Grzesiek, one of the gaming world's most watched streamers, announces a move to Microsoft's Mixer from Twitch, following Tyler “Ninja” Blevins  —  'I'm making moves'  —  Michael “Shroud” Grzesiek is the latest Twitch megastar to abandon …
Benjamin Mayo / 9to5Mac:
Apple TV app launches on Amazon Fire TV devices starting with the Fire TV Stick 4K and HD models, with support for other devices and models coming soon  —  Apple today released the Apple TV app for Amazon TV devices, starting with the Amazon Fire TV Stick 4K and the older HD model.
Kif Leswing / CNBC:
Gene Levoff, who was in charge of enforcing Apple's Insider Trading Policy, indicted for insider trading between 2011 and 2016; Levoff was fired in Sept. 2018  —  - Gene Levoff, who was a senior director of corporate law, was aware of Apple financial results before they were public …
Ben Schoon / 9to5Google:
Verizon, AT&T, T-Mobile, and Sprint announce the Cross Carrier Messaging Initiative to bring RCS to Android phones in 2020  —  Here's a shocker.  All four major US carriers — Verizon, AT&T, Sprint, and T-Mobile — have just announced that they're joining forces to deliver RCS messaging in the US for Android smartphones in 2020.
Brendan Sinclair / GamesIndustry.biz:
As Google opens its first gaming studio in Montreal, head of Stadia Jade Raymond discusses its strategy, including building several first-party studios  —  As Google unveils new Montreal development studio, Stadia Games & Entertainment boss Jade Raymond discusses the platform strategy
Ingrid Lunden / TechCrunch:
Fair.com, a flexible car ownership marketplace valued at $1.2B that raised $500M from SoftBank and others, says it is laying off 40% of its staff  —  As the market continues to turn against the wave of highly valued, venture-backed startups operating with little end in sight to their huge losses …
More: PYMNTS.comTweets: @brianmcc and @saraashleyo
Peter Kafka / Vox:
Facebook to pay some news partners as much as $3M a year for appearing in its news tab, to be available as a test Friday for a couple hundred thousand US users  —  Facebook co-founder and CEO Mark Zuckerberg testifies before the House Financial Services Committee in the Rayburn House Office Building …
Paris Martineau / Wired:
New report says the proliferation of right-wing content on YouTube is driven by both supply and demand rather than the platform's recommendation algorithm  —  In a new report, Penn State political scientists say that it's not the recommendation engine, but the communities that form around right-wing content.
Jordan Novet / CNBC:
Intel beats with Q3 revenue of $19.19B, up 6% YoY, vs. $18.05B est., and Client Computing Group revenue of $9.7B, down 5% YoY; stock up 4%+ after hours  —  Intel stock jumped 8% in extended trading on Thursday after the chipmaker beat third-quarter earnings expectations and reignited revenue growth.
Jim Baker / Lawfare:
Former FBI general counsel explains why US law enforcement needs to embrace encryption to protect the country against existential cybersecurity threats  —  I. Embrace Reality and Deal With It  —  From 2012 to 2014, I worked for Bridgewater Associates, a hedge fund located in Connecticut.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:00 PM ET, October 24, 2019.

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.

More News

Ana Swanson / New York Times:
Lauren Kaori Gurley / VICE:

Earlier Picks

Tony Romm / Washington Post: