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January 30, 2020, 4:15 AM
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Top News

Facebook:
Facebook reports Q4 revenue of $21.1B, up 25% YoY, and net income of $7.4B, up 7% YoY; DAUs rose 9% YoY to 1.66B, MAUs rose 8% YoY to 2.5B; stock drops 5%+  —  Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2019.
Josh Constine / TechCrunch:
Facebook Q4 profits grew 7% YoY, compared to growth of 61% a year ago, while expenses of $12.2B were up 34% YoY as headcount grew 26% to 44,942  —  Facebook beat Wall Street estimates in Q4 but slowing profit growth beat up the share price.  Facebook reached 2.5 billion monthly users …
Microsoft:
Microsoft Q2: revenue of $36.9B, up 14% YoY, net income of $11.6B, up 38% YoY; Commercial Cloud revenue up 39% YoY to $12.5B; Office 365 Consumer subs hit 37.2M  —  Microsoft Commercial Strength Powers Second Quarter Results REDMOND, Wash. — January 29, 2020 — Microsoft Corp. today announced …
Emil Protalinski / VentureBeat:
Microsoft's Personal Computing saw Q2 revenue rise by 2% YoY to $13.2B, with Surface up 6%; Intelligent Cloud rose 27% YoY to $11.9B, with Azure revenue up 62%
Emma Court / Bloomberg:
Practice Fusion, which offers free, ad-supported health records software to doctors, agrees to pay $145M DOJ fine for its role in boosting opioid prescriptions  —  - Practice Fusion ensured that addictive drugs were on the menu  — 'It's evil.  There's really no other word for it,' doctor says
New York Times:
Facebook agrees to pay $550M to settle a class action suit over Illinois biometric law violations for tagging users in photos, after SCOTUS rejected its appeal  —  It was another black mark on the privacy record of the social network, which also reported its quarterly earnings.
Joe Rossignol / MacRumors:
Kuo outlines Apple's H1 2020: 4.7" iPhone, “AirTags” trackers, smaller wireless charging mat, high-end headphones, and refreshed iPad Pro, MacBook Pro or Air  —  Apple plans to release several new products in the first half of 2020, including Ultra Wideband tags …
Natasha Lomas / TechCrunch:
Study that looked at 72M YouTube comments across 330,925 videos finds evidence of radicalization effect on users that leads them to extreme far-right content  —  Research presented at the ACM FAT 2020 conference in Barcelona today supports the notion that YouTube's platform is playing a role …
Bloomberg:
California court orders Apple to pay $838M and Broadcom to pay $270M for infringing California Institute of Technology patents on Wi-Fi transmissions  —  Apple Inc. and Broadcom Inc. must pay $1.1 billion in damages for infringing California Institute of Technology patents on Wi-Fi transmissions, a jury in California ordered.
Eun-Young Jeong / Wall Street Journal:
Samsung reports weak Q4 earnings from low memory chip sales as net profit slumps to $4.4B, down 39% YoY, on revenue of $50.52B, up 1.1% YoY  —  Company reports weak fourth-quarter earnings from low memory-chip sales  —  SEOUL—Samsung Electronics Co. reported a 39% drop in fourth-quarter net profit …
Zac Hall / 9to5Mac:
Fantastical, a popular calendar app for iOS and macOS, switches to a subscription model to unlock new premium features like Calendar Sets and weather forecasts  —  Admit it, you've lost track of how many years it's been since you paid for Fantastical.  The answer could be as long ago as 2013 …
Ben Parker / The New Humanitarian:
Report: UN did not tell the public nor its general staff about a hacking attack into its IT systems from last July, despite staff records being compromised  —  About this investigation: … GENEVA  —  The UN did not publicly disclose a major hacking attack into its IT systems in Europe …
The Information:
Source: Apple has terminated AI startup Xnor.ai's involvement in the Pentagon's Project Maven after its recent acquisition of the startup  —  Big technology companies like Microsoft, Amazon and Google have jockeyed to secure lucrative contracts supplying their products and services to the military.
Katy Stech Ferek / Wall Street Journal:
US Interior Department introduces a no-fly rule for its ~800 drones that were made in China or have Chinese parts, with some exceptions, amid espionage concerns  —  Order reflects concern that data collected ‘could be valuable to foreign entities’  —  WASHINGTON—Interior Department officials plan …
Shara Tibken / CNET:
Apple addresses Wuhan coronavirus concerns, offers wider than usual Q2 revenue estimates, says it closed one retail store in China, slightly delayed production  —  Apple has suppliers in the Wuhan area of China, and it has taken precautions like closing one store in China and reducing hours at other retail locations.

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From Mediagazer

Michael S. Rosenwald / New York Times:
Mike Shatzkin, a publishing consultant who was among the first in the industry to shake publishers into confronting the digital disruption, died on Nov. 7 at 77

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Peter Kafka / Business Insider:
A Q&A with Chris Balfe, CEO of Red Seat Ventures, which has helped Tucker Carlson and Megyn Kelly set up their podcast and streaming businesses and sell ads

More News

New York Times:
A look at Covariant.AI, which builds warehouse robots trained with reinforcement learning, as few warehouse tasks remain that cannot be automated

Earlier Picks

Babu Mohan / Android Central:
Samsung says the 5G version of its Galaxy Tab S6, which it claims is the world's first 5G tablet, is available now in South Korea for $850
Matina Stevis-Gridneff / New York Times:
Despite US pressure, the EU told member states they should limit “high risk” 5G vendors, like Huawei, but did not recommend a total ban
Julia Carrie Wong / The Guardian:
Investigation: in 2019, Trump's marketing campaign spent ~$20M on 218K+ Facebook ads targeting conservatives with marketing ploys designed to harvest user data
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