Techmeme Ride Home

Its Earnings Bonanza Day! Tesla, Facebook, Microsoft, Samsung… Facebook pays a record fine to Illinois, the Switch has outsold the SNES, three interesting Apple stories, Avast changes its business model and the new Fantastical app. Sponsors: Metalab.co BelovedRobot.com/nolowcode Links: Tesla’s record 2019 has bought it some breathing room (The Verge) We’re about to enter a world where Tesla is the cheaper electric car (Quartz) Facebook plunges, wiping out more than $50 billion in market value (CNBC) Xbox revenue falls 21% as Microsoft gears up for Xbox Series X debut (GeekWire) Samsung Posts Lower Profit, Anticipates End of Chip Slump (WSJ) Facebook to Pay $550 Million to Settle Facial Recognition Suit (NYTimes) Avast winds down Jumpshot, cites user data sale privacy concerns (ZDNet) Nintendo upgrades fiscal-year forecast as Switch hits 52.5 million consoles sold (VentureBeat) Apple Hires Key Netflix Engineer in Bid to Boost Subscription Services (WSJ) Apple Ends AI Startup’s Work on ‘