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InMobi buys Sprint unit; Apple allows users to delete data

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InMobi buys Sprint unit; Apple allows users to delete data

Top News

* InMobi, a global provider of enterprise platforms for marketers, acquired Pinsight Media+ Inc., a mobile data and advertising company, from Sprint Corp. This all-stock deal is part of a broader strategic partnership between InMobi and Sprint across devices, data, media and marketing, the company said.

* Apple Inc. unveiled a new feature that allows users to download, change or delete all the data that their iPhones have collected, Reuters reports. The tool, which was rolled out for users in the European Union earlier this year, is now available for the users in the U.S., Canada, Australia and New Zealand.

* Facebook Inc.'s initial findings suggested that people who hacked the accounts of about 30 million users were spammers and not affiliated with a nation-state, The Wall Street Journal reports, citing sources with knowledge of the matter. According to the report, the attackers were a group of Facebook and Instagram spammers that present themselves as a digital marketing company to make money.

* A tide of local opposition is rising against two recent orders from the U.S. Federal Communications Commission aimed at streamlining 5G deployment, casting doubt on the agency's ability to speed things along. In an open meeting this summer, the FCC voted first to prohibit state and local governments from blocking the deployment of telecom equipment through moratorium statutes.

Media & Entertainment

* Disruption among media stalwarts and a race to scale is driving opportunity for investors in the media and technology industries, two partners at private equity firm Shamrock Capital Advisors LLC told S&P Global Market Intelligence.

Technology

* Apple's iPhone XR will go on sale in more than 50 countries and territories Oct. 26. The company said users will be able to order the smartphone starting Oct. 19. The iPhone XR features a 6.1-inch Liquid Retina display and A12 Bionic chip with next-generation Neural Engine, among other features.

* Roku Inc. will resume sales of its devices in Mexico in the coming weeks. The move comes after the 11th Collegiate Court in Mexico City lifted a sales ban on the company, according to a news release.

Internet & OTT

* NBCUniversal Media LLC's NBC Sports Regional Networks has introduced a new mobile app that provides enthusiasts with access to expansive multimedia coverage for 25 NBA, MLB, NHL and NFL squads. Called MyTeams, the new app, which launched Oct. 16 and is available on iOS and Android devices, features live and on-demand video, podcasts, and written commentary and analysis.

* Twitter Inc. disclosed millions of tweets, images and videos and thousands of accounts linked to operatives based in Russia and Iran, Bloomberg News reports. The datasets released are made up of 3,841 accounts affiliated with the Russia-based Internet Research Agency, 770 other accounts potentially based in Iran as well as 10 million tweets and more than 2 million images, videos and other media.

* Twitter will offer feedback whenever it deletes a tweet to explain why the enforcement action was taken. In an official blog post, the company said once a tweet is deleted it will display a notice stating that the action was taken because the tweet violated one of the company's rules, along with a link to the Rules and an article to offer more details on how the rules are enforced.

* Hulu LLC unveiled a dark theme, called "Night Mode," for web users, TechCrunch.com reports. Users can enable the dark theme in settings.

* Netflix Inc. will premiere the seventh and final season of original series "Orange Is The New Black" in 2019, according to a tweet. The series, which was created and executive produced by Jenji Kohan, stars Taylor Schilling, Laura Prepon, Uzo Aduba, Natasha Lyonne and Danielle Brooks.

* Netflix picked up a new multigenerational live action comedy series called "Family Reunion" starring Loretta Devine and Tia Mowry. The original series is about a husband and a wife who travel to a small town for a family reunion only to discover an extended family they did not know about, the company said.

Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.

The day ahead

Early morning futures indicators pointed to a lower opening for the U.S. market.

In Asia, the Nikkei 225 was down 0.80% to 22,658.16, while the Hang Seng fell 0.03% to 25,454.55.

In Europe, as of midday, the FTSE 100 fell 0.10% to 7,047.51, and Euronext 100 rose 0.33% to 1,004.38.

On the macro front

The jobless claims report, the Philadelphia Fed Business Outlook survey, the leading indicators report, the Energy Information Administration natural gas report, the Fed balance sheet and the money supply report are due out today.

Featured news

The Daily Dose Europe: Samsung to buy Spanish network analytics firm; Spotify invests in DistroKid: South Korea's Samsung Electronics Co. Ltd. agreed to acquire Barcelona-based artificial intelligence company ZhiLabs SL, while music-streaming service Spotify Technology SA made an investment in digital music distribution platform DistroKid.

The Daily Dose Asia-Pacific: Reliance to buy majority stakes in cable operators; Samsung to acquire Zhilabs: Reliance Industries Ltd. will buy majority stakes in cable operators DEN Networks Ltd. and Hathway Cable & Datacom Ltd., while Samsung Electronics will acquire Barcelona-based artificial intelligence-powered network analytics provider Zhilabs.

Featured research

Global Multichannel: Top 25 multichannel groups in the Americas: AT&T Inc.'s U.S. and Latin American footprints cement the company's multichannel leadership in the Americas. Overall, U.S. multichannel providers led the ranking, but Latin American operators are climbing due to U.S. operators' subscriber losses.

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