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Good morning! Here is the tech news you need to end your week.
1. The iPhone X is available for preorder, and the first customers will receive their device in a week. There are two colours, Space Grey and Silver, and two models, 64 and 128GB, selling for $999/£999 and $1,149/£1,149 in the US and UK respectively.
2. Microsoft is reportedly working on an ultra-portable, foldable tablet. The device, possibly part of the Surface family, should run full Windows on ARM chips, and fold to become a pocket-sized handset with full phone capabilities.
3. Twitter has banned all ads from accounts owned by Russia Today and Sputnik. The company announced that the $1.9 million (£1.4 million) it expected to make from RT and Sputnik advertising will be donated to misinformation research.
4. Alphabet beat expectations in Q3 earnings. Revenue was up 24% year-on-year, at $27.8 billion (£21.1 billion), net income reached $6.73 billion (£5.12 billion), and stock was up over 3%.
5. Amazon reported strong results in its Q3 earnings. Revenue was up 34% year-on-year, at $43.74 billion (£33.30 billion), beating the $42.1 billion (£32 billion) projection, while net income was $256 million (£195 million), which all sent the stock surging up over 7%.
6. Microsoft announced a big beat on Q3 earnings, which sent the stock up 3%. The company reported $24.5 billion (£18.6 billion) in revenue, up 12% from last year, net income reached $6.6 billion (£5 billion), a 16% improvement, and Productivity revenue hit a $8.2 billion (£6.2 billion) high, up 28% from Q3 2016.
7. Google issued a response to the numerous complaints about the display of its Pixel 2 XL smartphone. The company stated that some of the issues, like screen burn-in, are to be expected on OLED panels, while it will work on an update to give users the option to have more saturated – if somewhat miscalibrated – colours.
8. Spotify is reportedly cancelling original video series on the service. That includes all the show it hasn’t released, as the company needs to “rethink its video strategy.”
9. Google CEO Sundar Pichai said that YouTube is growing on TV during the company’s earnings call yesterday. People are watching a reported 100 million hours a day worth of YouTube content on television specifically, which is a 70% increase from last year.
10. Google announced that preorders for its two Pixel phones doubled those of last year. It also said that it plans to partner with more retailers to expand its offline offering, as well as start selling the devices in more countries.