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JustAnotherOldGuy writes: Facebook issued a disappointing quarterly report, sending its stock price down by 6% , reports CNBC. In the report, Facebook reported a 51% rise in expenses and "warned of advertising headwinds related to privacy and regulatory changes on the horizon, leading to slowing growth in the U.S. Facebook said privacy improvements on Apple's iPhones and Google's Android software could hurt its ability to target advertising." Here are the key numbers from Facebook's fourth-quarter earnings report, per CNBC: Earnings (EPS): $2.56 vs. $2.53 per share forecast by Refinitiv. Revenue: $21.08 billion vs. $20.89 billion forecast by Refinitiv. Daily active users (DAUs): 1.66 billion vs. 1.65 billion forecast by FactSet. Monthly active users (DAUs): 2.5 billion vs. 2.5 billion forecast by FactSet. Average revenue per user (ARPU): $8.52 vs. $8.38 forecast by FactSet. from Slashdot: News for nerds, stuff that matters https://ift.tt/2RFkmk8 ...

Several delivery services, including Postmates, Seamless, Grubhub, and DoorDash, are offering food from restaurants without their explicit permission . "The delivery apps pull up restaurant menus listed online, from which customers make their selections, and couriers working for the apps place orders on their behalf," reports Eater. "The process essentially inserts third-party apps as middlemen into a service many restaurants say they want control over, or wish to opt out of entirely." From the report: Recently, in a move to compete with the Postmates and Doordash model, Grubhub and Seamless adopted a similar policy, adding "non-partnered" restaurants to their platform. Starting a few months ago in some cities like San Francisco, Grubhub added restaurants without their permission based on local demand -- i.e., searches -- for them. If Grubhub can demonstrate public interest in getting delivery from a particular restaurant, the plan goes, maybe restaurants ...

140Mandak262Jamuna writes: Tesla announced its 2019 Fourth Quarter results. "Expectations were high this quarter after Tesla destroyed earnings expectations with surprisingly high profits last quarter. Today, Tesla announced that it made $7.384 billion in revenue and it reported surprising profits of $2.14 per share (Non-GAAP) in Q4 2019 -- over expectations for both revenue and earnings. The automaker continues to improve its financial position with strong results and increased its cash position by almost $1 billion to now $6.3 billion." Stock zoomed in after hours trading and continued to rally today. The short interest tracker S3 Partners reported that shorts lost another $1.5 billion today, as the stock zoomed very quickly on open giving them very little time to cover at anything close to yesterday's prices. According to this report they had $5.6 billion YTD profit last June. They have raked up losses of almost $13 billion dollars since. The investor conference c...

58 min ago Save Amazon 58 min ago Amazon 58 min ago Amazon It Grows Tom McKay 11 Save Evil had a great holiday season: Amazon now has over 150 million Prime subscribers , the company announced in Q4 2019 numbers released on Thursday. The massive growth numbers sent the company’s market cap surging to over $1 trillion and made CEO Jeff Bezos an estimated $13.2 billion in a matter of minutes. from Gizmodo | We come from the future https://ift.tt/2S7uAsw via IFTTT

An anonymous reader quotes a report from TechCrunch: Research presented at the ACM FAT 2020 conference in Barcelona today supports the notion that YouTube's platform is playing a role in radicalizing users via exposure to far-right ideologies . The study, carried out by researchers at Switzerland's Ecole polytechnique federale de Lausanne and the Federal University of Minas Gerais in Brazil, found evidence that users who engaged with a middle ground of extreme right-wing content migrated to commenting on the most fringe far-right content. Their paper, called " Auditing radicalization pathways on YouTube ," details a large-scale study of YouTube looking for traces of evidence -- in likes, comments and views -- that certain right-leaning YouTube communities are acting as gateways to fringe far-right ideologies. Per the paper, they analyzed 330,925 videos posted on 349 channels -- broadly classifying the videos into four types: Media, the Alt-lite, the Intellectual Dar...

The Electronic Software Association is introducing tighter security measures around press registration for E3 , following an incident last year in which sensitive personal information belonging to thousands of journalists, YouTube creators, and Twitch streamers was made public . The Verge reports: A new blog post published today details updates to the conference and its "media registration process," which the company says "received a lot of attention this past summer." "Earning back your trust and support is our top priority," the post reads. "That's why we rebuilt the E3 website with enhanced and layered security measures developed by an outside cybersecurity firm. This included updating our data management processes, including the handling of personally identifiable information, and we will no longer store that data on our site." Changes to the registration process will also occur this year. The ESA will "collect the minimum informa...

The California Institute of Technology (CalTech) said it won a $1.1 billion jury verdict in a patent case against Apple and Broadcom . Reuters reports: In a case filed in federal court in Los Angeles in 2016, the Pasadena, California-based research university alleged that Broadcom wi-fi chips used in hundreds of millions of Apple iPhones infringed patents relating to data transmission technology. "While we thank the members of the jury for their service, we disagree with the factual and legal bases for the verdict and intend to appeal," Broadcom said in a statement. Apple said it plans to appeal the verdict, but declined further comment. The company had said in court filings that it believed all of the university's claims against it resulted from it using Broadcom's chips in its devices, calling itself "merely an indirect downstream party." The verdict awarded CalTech $837.8 million from Apple and $270.2 million from Broadcom. "We are pleased the jury ...