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๐Ÿ“ก Getting eaten by software. Mmm, yum! ๐Ÿ˜‹

Welcome to this week's Pulse! Coming to you from a scarily windy/rainy Manchester! I'm not joking; se
February 9 · Issue #75 · View online
Welcome to this weekโ€™s Pulse!
Coming to you from a scarily windy/rainy Manchester! Iโ€™m not joking; see my Snapchat story.
Itโ€™s been another super busy week, and it will get even more hectic next weekโ€ฆ soโ€ฆ yay!
This is a pretty big issue, so scroll away - and remember: youโ€™re smart enough to know how to share Pulse with a friend.
-ย ๐•ญ๐–Š๐–“ ๐”ฃ๐”ฏ๐”ฌ๐”ช [ย ๐–•๐–Š๐–—๐–˜๐–•๐–Š๐–ˆ๐–™๐–Ž๐–›๐–Š ๐–Ž๐– ]

  • OurMine briefly compromised Facebookโ€™s Twitter and Instagram accounts, seemingly via a third-party service called Khoros [Verge].

  • The Trump administration has bought access to a database tracking locations of millions of phones in the US and is using it for immigration and border control [WSJ - paywalled]

  • Some usersโ€™ Google Photos videos in Takeout backups were exported to strangers between November 21-25, 2019 [9to5Google] - those affected were notified by email.

  • WeWork named commercial real estate veteran Sandeep Mathrani as its new CEO; SoftBankโ€™s Marcelo Claure continues as WeWorkโ€™s executive chairman [NYTimes]; months after Adam Neumann walked away with more than $1 billion & WeWork laid off thousands of employees [SteveKopack].

  • A mother reunites with her deceased child in VR [Futurism] - Would you want to see a deceased loved one again โ€” in VR?

  • Nvidia is no longer attending MWC (Mobile World Congress), citing coronavirus risk [Verge] - joining Ericsson, LG, and ZTE.

  • Apple has been fined 25 million euros (ยฃ21m, $27m) for deliberately slowing down older iPhone models without making it clear to consumers by Franceโ€™s competition and fraud watchdog DGCCRF [BBC].

  • Instagram prototypes letting IGTV creators monetise with ads [TechCrunch]

  • Netflixย has taken down only nine pieces of content in response to written government demands in its 23 years, according to its first-ever Environmental Social Governance report [Netflix].

  • Alphabet reports Q4 net income of $10.67B, up from $8.95B YoY, fiscal year 2019 revenues of $162B, up 18% YoY [Alphabet].
Google reveals it made over $15 billion from YouTube ads last year alone โ€”ย up 36 percent from 2018 and 86 percent compared to 2017 [BrianFung].

  • Uber reports Q4 revenue of $4.1B, up 37% YoY, gross bookings of $18.1B, up 28%, and net loss of $1.1B; gross bookings from Uber Eats were $4.37B, up 71% YoY [Uber].

  • Twitter Q4: revenue of $1.01B, up 11% YoY, net income of $119M, down from $255M in Q4 2018, monetizable DAU of 152M compared to 126M a year ago [TechCrunch].

  • Pinterest Q4: revenue of $400M, up 46% YoY and net loss of $36M with global MAUs up 26% YoY to 335M; net loss for 2019 was $1.3B; stock up 16%+ after hours [Reuters].

  • Spotify reports Q4 revenue of $2B, up 24% YoY; 271M total MAUs, up 31% YoY, as paying users rise 29% YoY to 124M; 16% of its MAUs engage with podcast content [TechCrunch].

Software - Credit: Markus Spiske on Unsplash
Software - Credit: Markus Spiske on Unsplash
Standing on the shoulders of giants
A big deck by Benedict Evans, digging into macro and strategic trends in the tech industry.
This year, โ€˜Standing on the shoulders of giantsโ€™ - the state of tech and the outlook for regulation, which was presented at a Nasdaq/Protocol event in Davos in January 2020.
Software ate the world, so now all the worldโ€™s problems get expressed in software.
Download the deck [PDF].

Twitter's YoY growth in monetizable DAU - Credit: Statista
Twitter's YoY growth in monetizable DAU - Credit: Statista
Twitter Ramps Up User Monetization Growth
Aside from finally breaking past the billion-dollar mark for revenue, the headline figure focused on by Twitter in its Q4 earnings release yesterday was its increase in monetizable daily active usage (mDAU). The year-over-year growth rate of 21 percent represents the latest strong result in a growing trend for the social media giant. CEO Jack Dorsey commented on the improvement in the latest quarter, saying: โ€œ2019 was a great year for Twitter. Our work to increase relevance and ease of use delivered 21% mDAU growth in Q4, with more than half of the 26 million mDAU added in 2019 directly driven by product improvementsโ€.

Mobile Users Spent $195 Million in Meditation Apps Last Year, Up 52% Over 2018
Global user spending in the top 10 highest-earning mobile meditation apps grew 52 percent year-over-year in 2019 to $195 million.
For this analysis, Sensor Tower studied the 10 most-earning meditation appsโ€”defined as apps whose primary function is guided meditationโ€”for each year between 2015 and 2019, finding that 2018โ€™s cohort had generated $128 million in spending. In comparison, the top 10 earning meditation apps of 2015 generated slightly more than $8 million. Over the entire five-year period analyzed, combined revenue for the top 10 apps of this type had a compound annual growth rate, or CAGR, of 121 percent.
Read more on SensorTower.

Okta's data report on trends in apps used in big companies
  • VANGOGH: Generate colour palettes using keywords, powered by AI

  • Milanote 2.0: Organise your ideas & projects into beautiful visual boards.
One of my favourite apps with a new look. I was a beta tester and I really liked the new look.

Jane Manchun Wong
Instagram is working on video trimmer for Stories
Ben Geskin
Samsung Galaxy Z Flip - First Hands On Video
Matt Navarra
Facebook has finally removed the Discover tab in Messenger
Fear of Technology - Throughline
๐Ÿฆ TWEETS of the WEEK
Jack Butcher
Complexity impresses your peers.
Clarity impresses your customers.
Matthew Kobach
Just because itโ€™s โ€œfreeโ€ for your brand to post on social media doesnโ€™t mean it doesnโ€™t cost you anything
one of the coolest selfies ever! ๐Ÿ‘‡
Jessica Meir
Fine, visor up this time โ€“ but at least the magnificent Earth still makes an appearance too. All #spacewalk #selfies (and other photos) made possible with a Nikon D5 with a 28 mm lens in a protective housing (visible in center of 2nd photo). #SelfieSunday
Google Maps Hacks by Simon Weckert
Ikea Had a Great Reaction to Balenciaga Making a $2,145 Version of Its 99-Cent Blue Bag
17 designs Bell almost used for the layout of telephone buttons - via the Atlantic
17 designs Bell almost used for the layout of telephone buttons - via the Atlantic
That's all for this week...
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See you next week!
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