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November 6, 2019, 5:15 PM
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| Pavel Alpeyev / Bloomberg: |
SoftBank reports a loss of $6.5B, its first quarterly operating loss in 14 years, and a loss of $8.9B in the Vision Fund, including a charge of $4.6B for WeWork — SoftBank Group Corp. reported its first quarterly operating loss in 14 years after writing down the value of some of its marquee investments …
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Nikkei Asian Review, Associated Press, CNN, Reuters, PYMNTS.com, Financial Times, Vanity Fair, TechSpot, Crunchbase News, PYMNTS.com, Silicon Republic, Fortune, Telegraph, and Financial Times
Tweets: @tculpan, @grainnemcc, @ellehardy, @jrhennessy, and @carnage4life
| Ben Dooley / New York Times: |
Following SoftBank's first loss in 14 years, CEO Masayoshi Son says his WeWork bet was a mistake, describing it as a “harsh lesson”, and vows to move forward — Masayoshi Son defended the Japanese company's investment, while admitting he misjudged the American firm's founder, Adam Neumann.
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Wall Street Journal, The Verge, Bloomberg, CNBC, Observer, CNBC, Bloomberg, Reuters, Fortune, CNN, FierceWireless, and CNN
Tweets: @scottmaustin and @eliotwb
| Adi Robertson / The Verge: |
Facebook says ~100 app developers might have had improper access to Groups member data even after the company announced restrictions to Groups API last year — At least 11 accessed data in the last two months — Facebook says that even after it locked down its Groups system last year …
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Mashable, Facebook Developers, CNBC, Business Standard, BBC, Washington Post, Digital Trends, Ars Technica, Threatpost, Security Affairs, CNET, BleepingComputer, Thurrott, Inquirer, Tom's Guide, ZDNet, Business Insider, Gizchina, SecurityWeek, The Hacker News, Yahoo Finance, TechSpot, Computer Business Review, Firstpost Tech, infosecurity-magazine.com, Social Media Today, The Next Web, IT Management, Understandably, Fossbytes, Axios, and PYMNTS.com
Tweets: @blmohr, @jackshafer, @jason_kint, @chrisbrogan, and @thekenyeung
| Lauren Feiner / CNBC: |
Following the deaths of five people at a “party house”, Airbnb unveils new safety policies: verifying 100% of listings, a 24/7 “neighbor hotline”, and more — Airbnb CEO: We intend to verify 100% of listings — Airbnb is pushing out several new safety features …
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Airbnb Newsroom, CNET, VICE, New York Times, Engadget, CNN, Mercury News, USA Today, Yahoo Finance, Fortune, Axios, The Verge, Adweek, New York Post, Business Insider, and Forbes
Tweets: @bchesky, @bchesky, @mikeisaac, @rmac18, @bchesky, @katienotopoulos, @alexhern, and @ldrogen
| Reuters: |
Court docs: Facebook execs discussed a plan in 2012 to cut off access to user data for developers seen as future rivals while pushing a user privacy narrative — SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) began cutting off access to user data for app developers from 2012 to squash potential rivals … | Reuters: |
Court filing demanding subpoenaed docs reveals California has been probing Facebook's disclosure of user data to Cambridge Analytica and others for 18 months — WASHINGTON (Reuters) - California is investigating Facebook Inc's disclosure of user data to Cambridge Analytica and other partners …
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New York Times, CNBC, Associated Press, The Verge, CNN, Axios, Business Insider, and Washington Post
Tweets: @b_fung, @cnbcnow, @stevekovach, @alexeheath, @b_fung, @b_fung, @pinboard, and @b_fung
| Lily Hay Newman / Wired: |
Google debuts App Defense Alliance, a partnership with ESET, Lookout, Zimperium to catch Android malware early by streamlining and boosting data sharing efforts — The newly formed App Defense Alliance will try to solve a malware problem that has bedeviled the Play Store since inception.
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Google Online Security Blog, ZDNet, Android Authority, BleepingComputer, CyberScoop, ESET, Zimperium Mobile Security Blog, Yahoo Finance, Tom's Guide, 9to5Google, VentureBeat, Telecoms.com, and Zimperium
Tweets: @wired, @eset, and @dangoodin001
| Casey Newton / The Verge: |
Twitter announces Topics, which lets users follow 300+ subjects in their timeline, rolling out from Thursday; topics include sports and gaming but not politics — Starting with more than 300 subjects across sports, gaming, and entertainment — Recently, a friend told me he wanted to spend …
More:
The Next Web, Engadget, CNET, 9to5Mac, MacStories, and iPhone Hacks
Tweets: @airlineflyer, @kantrowitz, @caseynewton, and @caseynewton
| Christina Farr / CNBC: |
Apple and the US Department of Veterans announce that veterans can now access their health records on their iPhone via Apple's Health app — - The goal is to make it a lot easier for vets to access their medical information, even if they seek care from multiple providers.
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Apple, TechCrunch, 9to5Mac, ZDNet, PYMNTS.com, CNET, iDownloadBlog.com, MacRumors, The Mac Observer, iMore, Engadget, and Yahoo Finance
Tweets: @tim_cook and @chrissyfarr
| Dan Seifert / The Verge: |
Amazon Echo Studio review: loud, spacious sound with support for a wide array of streaming services, but 3D music is more of a demo and the unit is large — The Studio is a great-sounding smart speaker that has some silly gimmicks you can thankfully ignore| Washington Post: |
DOJ charges two ex-Twitter employees, arresting one, with spying for Saudi Arabia by snooping on kingdom critics; one allegedly accessed 6,000 accounts in 2015 — The Justice Department has charged two former Twitter employees with spying for Saudi Arabia in a case that raises concerns …
Tweets: @olivia_beavers, @jtregunna, and @caseynewton
| Conor Dougherty / New York Times: |
Apple, Facebook, and Google have pledged a combined $4.5B to end California's housing crisis, but the money will do little to solve systemic issues — Efforts by Apple, Facebook and Google to address the California housing crunch must contend with the forces that created it.
More:
Bloomberg. Tweets: @stephennellis, @curiouswavefn, @shiraovide, @meslackman, @conordougherty, @conordougherty, @nate_berg, @bencasselman, @davidloysd, @pacobtv, @sr_lazarus, @stephennellis, @jenny_schuetz, and @aarmlovi
| Cara Lombardo / Wall Street Journal: |
Sources: Xerox is considering making a cash-and-stock offer for HP, which has a market value of ~$27B and is more than three times the size of Xerox — Bid for HP would be at a premium to company's market value of $27 billion — Xerox Holdings Corp. XRX 2.05% has set its sights on a takeover …
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CNBC, International Business Times, Financial Times, Bloomberg, Tom's Hardware, Yahoo Finance, IT PRO, Inquirer, Windows Central, Mercury News, CBS San Francisco, PCWorld, Silicon Valley Business …, Business Insider, ZDNet, TechSpot, Computer Business Review, The Next Web, and Seeking Alpha
Tweets: @wsj and @dinasrinivasan
| Dave Gershgorn / OneZero: |
Documents shed light on the US Army's Automated Biometric Information System, a database with 7.4M identities that underpins US military intelligence operations — ver the last 15 years, the United States military has developed a new addition to its arsenal.
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Slashdot. Tweets: @davegershgorn, @davegershgorn, @davegershgorn, @davegershgorn, @davegershgorn, @carolineha_, @bcmerchant, @willoremus, and @mvzelenks
| Ingrid Lunden / TechCrunch: |
WhatsApp begins rolling out an update that lets users block specific individuals from adding them to Groups — WhatsApp, the popular messaging app owned by Facebook, has faced a lot of controversy over the role that Groups plays on the platform — both for Groups' role in spreading spam …
More:
WhatsApp Blog, Android Authority, Fast Company, iPhone Hacks, Yahoo Finance, Neowin, MSPoweruser, Adweek, and Firstpost Tech. Tweets: @whatsapp
| Bloomberg: |
NTSB: the Uber self-driving test car that killed a pedestrian in Tempe, Arizona last year wasn't programmed to recognize and react to jaywalkers — - U.S. safety board releases documents on fatal 2018 accident — Pedestrian hit, killed by experimental self-driving Uber car
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Wired, Techdirt, Telegraph, The Verge, Inquirer, CNET, and Reuters
Tweets: @robaeprice, @brenttoderian, @karlbode, @mheadd, @alexhern, @sustainable2050, @kmac, @ketanj0, @tonyromm, @karlbode, @mistydemeo, @dannypage, and @karlbode
| Zack Whittaker / TechCrunch: |
Apple has updated its privacy pages for the fourth year in a row, now includes several technical whitepapers detailing some of its technologies — For the fourth year in a row, Apple has updated its privacy pages. — Every year the tech giant's refreshes the privacy portion of its website … | Sarah Perez / TechCrunch: |
Digits, a stealthy fintech startup from the founders of Crashlytics that describes itself as a “counting company”, raises $10.5M Series A led by Benchmark — Stealth fintech startup Digits, from the same team that built Crashlytics to scale then sold to Twitter for over $100 million … | Mat Honan / BuzzFeed News: |
A profile of Jeremy Stoppelman, CEO of Yelp, which launched 15 years ago in October, and has been in an epic, years-long battle with Google — Yelp launched 15 years ago in October, and for most of its existence it's been in an epic battle with Google. Here's why its CEO keeps fighting and keeps focusing on trust.
Tweets: @lutherlowe, @vincesollitto, and @amysez
| Joshua Brustein / Bloomberg: |
Walmart and other companies are testing a monitoring device for workplace safety made by StrongArm in warehouses, raising concerns about workplace surveillance — Every morning when he goes to work in the freezer room of a warehouse in eastern Pennsylvania, Jack Westley throws on a hooded sweatshirt … | Janko Roettgers / Variety: |
Roku Q3: revenue of $260.9M vs. $257M est., up from $173.4M YoY, net losses up from $7.9M to $26.5M YoY; active accounts up 1.7M QoQ to 32.3M; stock down 13%+ — Roku users streamed more than 10 billion hours of entertainment in the September quarter, helping the company to once again rake in big bucks with digital advertising.| Ingrid Lunden / TechCrunch: |
Coveo, which builds AI-powered enterprise search and personalization services, raises $172M led by Omers Capital Private Growth Equity Group at a $1B+ valuation — Search and personalization services continue to be a major area of investment among enterprises, both to make their products …
More:
Crunchbase News, SiliconANGLE, Beyond Search, PE Hub Blog, FinSMEs, and VentureBeat. Tweets: @devsoftweb. Thanks:@ingridlunden
| Judd Legum / Popular Information: |
Avaaz: false stories on Facebook had 158M views in 2019, greater than before the 2016 election, with 86M views in the last 3 months, up 3x over the prior 3 — An explosive new study reveals that political misinformation is running rampant on Facebook as the 2020 election approaches.| Bloomberg: |
Survey of Tesla Model 3 owners: 90%+ say Autopilot makes them safer, 13% say Autopilot has put them in a dangerous situation and 28% say it saved them from one — We asked 5,000 Model 3 owners about Tesla's software for automated driving on highways and parking lots. More than 90% said the feature makes them safer.| Mark Seal / Vanity Fair: |
Inside the Big Bitcoin Heist, in which thieves stole 550 Bitcoin mining computers, worth $500K for hardware alone, from a cryptocurrency data center in Iceland — With its cheap geothermal energy and low crime rate, Iceland has become the world's leading miner of digital currency.| Josh Constine / TechCrunch: |
Uber will sell ads to restaurants in its Uber Eats app, where it takes 10.7% of gross bookings as adjusted net revenue, to try to lure more food delivery orders — A new revenue stream it won't split with drivers — Uber will become an ad platform, selling space inside its Eats app …
More:
Search Engine Land, Crunchbase News, Engadget, and Seeking Alpha
Tweets: @joshconstine and @joshconstine
| Josh Constine / TechCrunch: |
How Arweave, which has raised $5M led by a16z, uses blockchain to host sites and apps perpetually, hedging upfront user payments with declining storage costs — Andreessen Horowitz + USV invest — What if you could pay now to store something online permanently?
More:
The Arweave Project, Business Wire, CryptoSlate, Crowdfund Insider, Multicoin Capital, and AVC
| Nicholas Quah / Hot Pod News: |
Members of the podcasting industry anonymously discuss common issues in the field: inexperienced leadership, poorly managed ad sales, accessibility, more — Over the past month, we've been running a call for opinions built around a fairly straightforward question: “What are you most frustrated by?”
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