UK and Canada Jointly Summon Zuckerberg

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UK and Canada Jointly Summon Zuckerberg
Number 663
Broadcast Date OCTOBER 31, 2018
Episode Length 4:44
Hosts Tom Merritt

Apple pulls back WatchOS update, The UK and Canada team up to summon Facebook’s CEO, Starship robots to deliver packages in the UK.

Headlines

Apple has pulled back the WatchOS 5.1 update after some users reported it made their Series 4 get stuck on the loading screen. Apple says it will have a fix as soon as possible. No action is required if the update installed correctly.
Apple has added its performance management feature to the iPhone 8, 8 Plus and X in iOS 12.1. The feature has proved controversial as it slows down a phones processor if battery degradation is detected in order to prevent random shutdowns. Apple was fined by Italy for using the feature in older phones without telling its customers.
Facebook daily users grew 9% in September to 1.49 billion people but missed expectations of 1.51 billion. Daily users fell in Europe, India, Indonesia and the Philippines showed the strongest gains in users. Sales for Facebook rose 33% in Q3, slower than the 42% growth of Q2.
Parliamentary committees from the UK and Canada have issued a joint summons for Facebook CEO Mark Zuckerberg. The chairs of the UK’s Digital, Culture, Media and Sport (DCMS) committee and the Canadian Standing Committee on Access to Information, Privacy and Ethics (SCAIPE), intend to hold a special joint parliamentary hearing in Westminster on November 27 about disinformation and fake news. Other parliaments from other countries may join. Zuckerberg has appeared before the US and EU but has declined to appear in the UK. Facebook has until November 7 to respond.
Messaging company Line has given up majority control of its Line Games business in order to expand globally. Korea's Anchor Equity partners is taking 27.55% of Line Games reducing Line Corp's share to 41.73 percent. Line is the most popular messaging app in Japan, Thailand and Taiwan. The games business is focused on those three countries plus Korea. Line Games will also focus on non-mobile platorms like the Nintendo Switch. Line acquired NextFloor in 2017 which makes popular titles like Dragon Flight and Destiny Child.
Samsung reported an operating profit of 17.57 trillion won in Q3 up 21 percent on the year. Revenue rose 5.5 percent on the year. Samsung saw strong sales and production yields in its memory products and display panels. Its mobile business saw a drop in earnings despite strong sales of Galaxy smartphones. Samsung predicts an overall decline in earnings in Q4 because of weak seasonal demand for semiconductors and high marketing costs for smartphones.
Starship Technologies is expanding its service to deliver packages by autonomous robot in Milton Keynes, UK. Users install an app and get an address of a Starship warehouse to have their package delivered to. Once the package arrives there the app will notify the recipient who can request the bot to deliver it to them wherever they happen to be within a two-mile radius of the warehouse, though Starship wants to increase that range. The first month is free and then costs £7.99 a month. Starship intends to offer the service in San Francisco by the end of the year.
Digital Trends and Extreme Tech are among the outlets reporting user problems with Nvidia’s RTX 2080 Ti graphics card above the normal complaints that accompany the launch of any new piece of hardware. The users report the card not working on arrival or failing after a brief period of use with multiple users saying they are on their second card after a replacement or have had more than one card fail. Nvidia says it is not seeing broader issues and is working with individual users with problems.
Sprint reported earnings per share of 5 cents up from a loss of one cent last year at this time. Analysts expected a loss of one cent this time as well. Sprint added a net 109,000 subscribers who pay monthly, down from 168,000 last year. Analysts had expected Sprint to LOSE 10,000 customers not gain. A merger of T-Mobile US and Sprint is waiting for regulatory approval.
Taiwan's United Microelectronics Corp said it will temporarily halt research and development activities with China's Fujian Jinhua. The US Department of Commerce has restricted US companies from selling parts and software to Fujian Jinhua over national security concerns. The company makes memory chips and devices and US companies wanting to sell to it will now need a license.

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Preceded by:
"Apple Announces new iPad Pro, Mac mini, Macbook Air"
UK and Canada Jointly Summon Zuckerberg
Followed by:
"Apple To Possibly Invest In iHeartMedia"