Samsung Electronics posts record Q4 profit of $14.15B driven by chip sales, while its mobile business saw a 3.2% YoY profit decline to ~$2.25B
- Samsung Electronics recorded an operating profit of about $14.15 billion for the December quarter — in line with guidance.
Sources: US DoJ and SEC are investigating whether Apple violated securities laws concerning its disclosures about update that slowed iPhones with old batteries
The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc. violated securities laws concerning …
Samsung confirms it is manufacturing ASIC chips, which are used to mine cryptocurrencies; the ASIC industry is dominated by China's Bitmain and Canaan Creative
Fresh from toppling Intel as the planet's biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips …
Spotify is testing a separate Pandora-style music app called “Stations” on Android in Australia
Music streaming service Spotify released a new Android app that's all about free music Tuesday. The app, dubbed Stations, lets users stream curated music stations without …
Nintendo beats expectations with Q3 revenue of $4.44B, up 177% YoY, profit of $1.07B, up 261% YoY, and raises annual Switch sales forecast to 15M units from 14M
- The Japanese gaming giant raised its sales forecast for the Nintendo Switch from 14 million to 15 million to the end of March 2018.
Red Hat to acquire Kubernetes and containers startup CoreOS for $250M
With CoreOS, Red Hat doubles down on technology to help customers build, run and manage containerized applications in hybrid and multicloud environments — Red Hat, Inc. (NYSE: RHT), the world's lead...
Amazon rolls out SMS messaging feature for Alexa devices that lets users send text messages via voice, currently only available to Android users in US
Amazon announced today it's launching a new messaging feature for Alexa devices in the U.S. that will allow you to send texts - yes …
Dustin Moskovitz's productivity startup Asana raises $75M Series D led by Al Gore's Generation Investment Management; sources say at a $900M valuation
- The collaboration and productivity application company Asana raised $75 million in a series D, the company announced Tuesday.
South Korea says it has no plans to ban cryptocurrency exchanges, as it uncovers illegal cryptocurrency foreign exchange trading worth nearly $600M
SEOUL (Reuters) - South Korea's finance minister said the government has no plans to shut down cryptocurrency trading …
Fujifilm buys control of Xerox to form an $18B company, marking an end to the iconic American giant's independence
Joint venture to eliminate 10,000 jobs globally in revamp — Deal will end independence of U.S. firm formed in early 1900s — Fujifilm Holdings Corp. is buying control …
Line Corp., creator of Japan's biggest messaging app, is expanding into cryptocurrency trading, insurance, and other financial services
Japan's biggest messenger creates a financial holdings company — Line applied for cryptocurrency exchange license in Japan
Nuro exits stealth after unveiling an autonomous delivery vehicle prototype, has raised $92M from investors including Banyan Capital and Greylock Partners
A secretive startup has unveiled its new grocery-getter, one of many automakers that are leaving people out of the equation.
Google says it removed 700,000+ apps from the Play Store last year for policy violations, up 70% YoY, credits new machine learning techniques for the increase
Google today shared details of Google Play's efforts to protect Android users with its teams of engineers, policy experts …
Microsoft updates iOS Office apps with real-time co-authoring, iPad drag and drop support, universal link support, and OneDrive support for the iOS Files app
Today's post was written by Jeff Teper, corporate vice president for OneDrive, SharePoint and Office.
Google Flights says it will use historical data and AI to predict when planes may be delayed
Google has announced two new features for its flight-booking search service. — Using historical flight status data, Google Flights will now try to predict when flights will be delayed …
SoftBank buys a 51% stake in Line's MVNO service in Japan, which allows unlimited data for Line services and social sites like Facebook, Twitter, and Instagram
SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service.
Uber partners with JUMP to begin piloting a bike-sharing service called Uber Bike in San Francisco starting next week
Uber is launching a bike-sharing service next week in partnership with JUMP, a startup that recently received the first and only permit to operate dockless bike-sharing in San Francisco.
Facebook says it's banning all ads for cryptocurrencies, ICOs, and binary options to avoid “misleading or deceptive promotional practices”
Kurt Wagner / Recode :
A KodakCoin co-creator says market reaction has diverted public attention from how it benefits photography rights, first KodakCoins to be sold Wednesday in ICO
When Kodak announced on Jan. 9 that it was planning to launch its own cryptocurrency, investors swooned.
California appellate court judge sides with man suing Tinder who argued that Tinder Plus' pricing, which is more expensive for users over 30, is discriminatory
Melanie Ehrenkranz / Gizmodo :
Source: US regulators subpoenaed Bitfinex and subsidiary Tether amid doubts that Tether's USDT, which the firm says is pegged to USD, has sufficient reserves
Matthew Leising / Bloomberg :
iOS 11.3, now in beta, allows approval of family purchases using Face ID; biometric authentication of family purchases previously possible only via Touch ID
Guilherme Rambo / 9to5Mac :
Big data business intelligence startup Trifacta raises $48M Series D from investors including Google, Ericsson, Accel, and others
Trifacta, a big-data startup that is building tools to help businesses structure and analyse data that gets generated in their networks through customer interactions …
Lyft opens its first European office in Munich, Germany where staff will work on localization and geometric mapping tech for autonomous vehicles
Ride-hailing provider Lyft Inc. is expanding to Europe, opening an office in the southern German city of Munich, home to the likes of BMW AG and Siemens AG.
Game broadcasting platform Caffeine, founded by two ex-Apple designers, raised $46M across two rounds led by Greylock in 2016 and a16z in 2017
A team of ex-Apple engineers and execs is taking on Amazon-owned Twitch and Google's YouTube Gaming with today's official launch of a new social broadcasting platform, Caffeine.
EA reports Q3 revenue of $1.16B, up 1% YoY; net loss of $186M, $176M of which was charges due to US tax reform; stock up 8%+
Star Wars: Battlefront II is a 'learning opportunity Business Wire : Electronic Arts Reports Q3 FY18 Financial Results Matthew Handrahan / GamesIndustry.biz : EA makes $186m Q3 loss despite rising dig...
Bytedance, operator of Chinese news app Toutiao, sues Baidu for unfair competition, claims Baidu deliberately places negative news about Toutiao in top results
Yimian Wu / China Money Network :
Study: Google shows competitors' ads in just 2% of product-ad spots in Germany and 0.4% in the UK, following rollout of new ad bidding system after EU fine
Wall Street Journal :
AMD reports Q4 revenue of $1.48B, up 34% YoY, vs $1.41B est., and is expecting $1.55B in revenue in Q1 2018, vs $1.25B est.
Jordan Novet / CNBC :
Snap debuts new styles for its Bitmoji called Bitmoji Deluxe, now offers 40 skin tones, up from 25, twice as many hair colors, and 50 hair treatment options
Josh Constine / TechCrunch :
Webpass, the wireless home broadband company Google Fiber acquired in 2016, is exiting the Boston market, one of eight cities it served
Why Jeff Bezos Just Might Crack the Health Care Challenge Mike Dano / FierceWireless : Google Fiber's fixed wireless service, Webpass, closes Boston operation Abner Li / 9to5Google : Alphabet's Fiber ...
Slack CEO Stewart Butterfield says its Enterprise Grid service, launched one year ago, has 150+ customers
SAN FRANCISCO (Reuters) - Slack Technologies Inc now has more than 150 customers using the enterprise version of its workplace collaboration software, Chief Executive Stewart Butterfield told Reuters....
Study: Twitter cuts into Facebook's lead on traffic sent to publishers; this month FB sent 2.5 visitors for each one Twitter sent; in Oct '17, ratio was 4.7:1
Alex Kantrowitz / BuzzFeed :
Amazon, Berkshire Hathaway, and JPMorgan Chase partner to cut employee healthcare costs, will create a company targeting healthcare technology solutions
Jeff Cox / CNBC :
Dog-walking app Wag accepts $300M in deal expected to give SoftBank 45% of the company and says cofounder Josh Viner will step aside as CEO
I love my dogs. — My partners Tom and Gary love their dogs as well. Zoë Bernard / Business Insider : Dog-walking startup Wag got a whopping $300 million from SoftBank and hired a new CEO Valentina Z...
Microsoft makes its event routing service Azure Event Grid generally available in about 10 Azure regions
Apple Pay accepted at 1 out of 2 US stores, says Apple VP Jennifer Bailey
AppleInsider :
Astound announces $11.5M Series A and launches out of stealth to help large enterprises automate employee service requests using AI
Blair Hanley Frank / VentureBeat :
Google partners with MobileIron, which offers a cybersecurity tool for phones, to create a new marketplace for cloud services to challenge Amazon
Nico Grant / Bloomberg :
Uber sells its Xchange Leasing portfolio to car leasing startup Fair; Fair becomes Uber's exclusive partner for leasing services for its drivers in the US
Popular rewards app Drop raises $21M Series A led by NEA
Pinterest hires Chuck Rosenberg, Google's computer vision research lead, to be the company's head of computer vision and lead its visual search engineering team
Next Trucking, which matches shippers and truck carriers through an online marketplace, raises $21M Series B led by Sequoia Capital
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