Techmeme
January 30, 2020, 9:10 PM

Top News

Amazon:
Amazon Q4: $87.4B revenue, up 21% YoY, net income of $3.3B, up from $3B in Q4 2018, AWS revenue of $9.9B, up from $7.4B in Q4 2018; stock up 11%+ after hours  —  SEATTLE—(BUSINESS WIRE) January 30, 2020—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2019.
Sarah Perez / TechCrunch:
Apple says its updated Maps are rolling out across the US, with more detailed visuals and new features like Look Around, and coming to Europe later this year  —  Apple's updated and more detailed Maps experience has now rolled out across the U.S., the company announced this morning.
Charlie Osborne / ZDNet:
Avast will shut down its marketing subsidiary Jumpshot following controversy over selling user data to third parties  —  Avast's CEO said the move is “absolutely the right thing to do.”  —  Avast is winding down its subsidiary Jumpshot following an explosive investigation into the sale …
Jon Porter / The Verge:
Reports from four analytics companies: Huawei surpassed Apple in 2019 with global smartphone shipments of 241M vs. 198M; Samsung retains its top spot with 298M  —  Apple's strong fourth quarter wasn't enough to hold off the Chinese challenger  —  Huawei overtook Apple to become …
Jordan Novet / CNBC:
IBM CEO Ginni Rometty to step down on April 6, to be replaced by SVP of Cloud and Cognitive Software Arvind Krishna; Jim Whitehurst to become President  —  - Ginni Rometty has been executive chairman, president and CEO since 2012.  — Rometty has been at IBM for almost four decades; the next one has been there for three decades.
Financial Times:
Sources: Uber and DoorDash held failed merger talks about six months ago; the talks were at SoftBank's behest which wanted to consolidate food-delivery industry  —  Uber and DoorDash held talks to combine last year in a deal that would have accelerated the long-awaited consolidation …
Wall Street Journal:
Angela Chen / MIT Technology Review:
Pitch deck details Column, a paid social network centered on tech/business notables, with Aron Ping D'Souza as CEO; investor Sarah Cone later said she was CEO  —  Business and technology leaders are being asked to spend $100,000 buying in to the service.  —  A proposed new social network …
Catalin Cimpanu / ZDNet:
Microsoft launches Xbox bug bounty program, will pay rewards up to $20K for vulnerabilities found in the Xbox Live network and services  —  Microsoft Security Response Center (MSRC) to start accepting vulnerabilities in Xbox gaming platform.  —  Microsoft announced today the launch …
Katie Notopoulos / BuzzFeed News:
Woman tried for 4 years to get Facebook to remove a business page someone created for her “butthole”; the company removed it only after BuzzFeed wrote about it  —  “This unofficial Page was created because people on Facebook have shown interest in this place or business.
Danielle Abril / Fortune:
Survey of 12,043 US adults: 59% distrust Facebook for political and election news, including 62% of Republicans and 59% of Democrats, while 48% distrust Twitter  —  Facebook and Twitter are a long way from instilling confidence after letting misinformation flood their services during recent elections, according to a new survey.
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 …
Sarah O'Rourke / Google Online Security Blog:
Google releases OpenSK, an open-source implementation for security keys that supports both FIDO U2F and FIDO2 standards  —  Posted by Elie Bursztein, Security & Anti-abuse Research Lead, and Jean-Michel Picod, Software Engineer, Google  —  Today, FIDO security keys are reshaping …
Dean Takahashi / VentureBeat:
Nintendo says Switch passed SNES in lifetime sales with 52M+ sold, reports sales of $9.39B and net profit of $1.8B for the nine months ended in December  —  Nintendo said it is upgrading its forecast for profits in the fiscal year ending March 31, thanks to strong sales of the Nintendo Switch and games that run on it.

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