Bloomberg
Next year, Foxconn plans to cut about $2.9 billion from expenses, Bloomberg reports, citing an internal company memo. Specifically, “The iPhone business will need to reduce expenses by 6 billion yuan next year and the company plans to eliminate about 10 percent of non-technical staff,” it writes. “Foxconn’s moves are likely to add to the gloom enveloping Apple and suppliers for the iPhone.”
CNN.com
Mark Zuckerberg tells CNN that he has no plans to surrender his role as Facebook’s chairman, or remove Sheryl Sandberg as its Chief Operating Officer. As it reports: “Zuckerberg resisted growing calls for changes to Facebook’s C-Suite, reiterated Facebook’s potential as a force for good, and pushed back at some of the unrelenting critical coverage of his company after a year of negative headlines about fake news, election meddling and privacy concerns.”
Venture Beat
Skype calling is finally coming to devices with Amazon’s Alexa voice assistant, Venture Beat reports. "Saying something like 'Alexa, call John on Skype' or 'Alexa, call 217-804-7734 on Skype' will place a call, while answering an incoming call is as easy as responding 'Alexa, answer'," it writes.
Axios
Tech companies can bet on government regulations in the foreseeable future, Apple CEO Tim Cook said during an interview with Axios on HBO. “Generally speaking, I am not a big fan of regulation,” Cook said. “I’m a big believer in the free market. But we have to admit when the free market is not working. And it hasn’t worked here.”
The Verge
For reasons that at not entirely clear, the Tumblr iOS app is cannot currently be found on Apple’s App Store, The Verge reports. “Tumblr says that it is ‘working to resolve an issue with the iOS app,” but it’s not clear if the app is missing from the store because it was removed by Apple, or by Tumblr itself,” it writes.
The Wall Street Journal
As Facebook fights battles on multiple fronts, Mark Zuckerberg has told senior executives that he considers the company to be at “war,” The Wall Street Journal reports. Yet, “Zuckerberg’s new approach is causing unprecedented turmoil atop Facebook, driving several key executives from the company,” the Journal writes, citing sources.
Android Police
Among other new features, Google is integrating Google Assistant routines into the Android Clock app, Android Police reports. “The addition of dedicated in-app routines to the Clock app makes a lot of sense,” it writes. Other new features include “the ability to put your device into Do Not Disturb mode via smart speaker.”
TechCrunch
Netflix is testing a cheaper mobile-only subscription in emerging markets, TechCrunch reports. “The first reports are from Malaysia, where Netflix quietly rolled out a mobile-only tier priced at … around $4, each month,” it writes. “That’s half the price of the company’s next cheapest package -- ‘Basic’ -- which retails for … around $7.90, per month in Malaysia.”
Wall Street Journal
Nearly half of Facebook employees are not optimistic about the company’s future, The Wall Street Journal reports. “Facebook Inc.’s difficult year is taking a toll on employee morale, with several key measures of internal sentiment taking a sharp turn for the worse over the past year,” The Journal writes.
The New York Times
The New York Times has compiled some 6,000 words on why Facebook has struggled so mightily to address various scandals over the past year or so. “As evidence accumulated that Facebook’s power could also be exploited to disrupt elections, broadcast viral propaganda and inspire deadly campaigns of hate around the globe, Mr. Zuckerberg and Ms. Sandberg stumbled,” it writes.