Mark Zuckerberg says showing fewer viral videos reduced the total time people spent on Facebook by ~50M hours every day, as MAUs reach 2.13B, up 14% YoY
Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter and full year ended December 31, 2017.
Apple pulls Telegram apps from the App Store for inappropriate content; founder Durov expects both apps to return once protections are in place
Update:Both Telegram iOS apps are now back on the App Store. Original story follows below — The Telegram messaging apps appear …
Facebook reports Q4 revenue of $12.97B, vs $12.55B est., up 47% YoY; net income of $4.27B, up 20% YoY, despite $2.27B charge due to tax overhaul
Richard Nieva / CNET :
eBay says it will stop using PayPal for its backend payments service by 2020, will work with Amsterdam-based Adyen instead; PayPal stock down 8%+
The shopping marketplace will instead begin working with Amsterdam-based Adyen. — One of the tech industry's most storied partnerships is coming to an end.
Nintendo confirms Switch Online will launch in September for $3.99/month and Mario Kart Tour will come to smartphones by March 2019
Company confirms Nintendo Switch Online launches this fall — Mario Kart Tour is the next Nintendo mobile game heading to smartphones.
Microsoft reports $28.92B in Q2 2018 revenue, up 12% YoY, net loss of $6.3B due to $13.8B charge related to tax overhaul
REDMOND, Wash. — January 31, 2018 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2017: · Revenue was $28.9 billion and increased 12%
Facebook's daily active user base in the US and Canada fell for the first time ever in Q4, dropping to 184M from 185M in Q3
It was a small but negative change to daily active users in Facebook's most valuable market. — Here's a troubling data point if you're a Facebook investor …
YouTube TV is now available on select Roku devices for $35/month; YouTube says the service is coming to Apple TV “very soon”
YouTube's $35-per-month alternative to cable TV is now on the most popular streaming platform. — Just in time for the big game, the Winter Olympics …
Concerns grow that Bitcoin's price is being propped up by Bitfinex, the widely-used and shadowy exchange subpoenaed in December by the US CFTC
A growing number of virtual currency investors are worried that the prices of Bitcoin and other digital tokens have been artificially propped …
Sources: Alphabet and state-owned oil giant Aramco are in talks to jointly build data centers and a large tech hub in Saudi Arabia
Saudi Arabia's state-owned oil giant and Google parent Alphabet Inc., two of the world's biggest companies, are in talks about jointly building …
eBay reports Q4 revenue of $2.6B, net loss of $2.6B due to $3.1B tax overhaul charge, issues Q1 revenue guidance of $2.57B-$2.61B; stock up 13%+
E-commerce company eBay (EBAY) … Muvija M / Reuters : Ebay posts loss for holiday quarter as it books $3.1 billion tax charge Tweets: eBay Newsroom / @ebaynewsroom : $EBAY reports Q4 2017 Results. Rev...
Podcasters first look at Apple's Podcast Analytics data shows listeners are highly engaged, with many listening to 80-90% of shows, and prefer longer formats
The public radio producer had started a podcast as a side project in early 2017, and the exploration of her experience …
Instagram's Facebook-style recommendations and notifications and an uptick in the number of ads in feeds are making the service more annoying to use
Why does Instagram want to be so much like its big brother at a time when the pre-eminent social network is drawing so much criticism?
India says it does not consider cryptocurrencies legal tender and will eliminate their use for payments, but would explore use of blockchain technology
NEW DELHI (Reuters) - India will move to stamp out use of cryptocurrencies, which it considers illegal, Finance Minister Arun Jaitley said on Thursday …
Spotify partners with gaming chat service Discord to let users connect accounts on the platform; Premium users will be able to play music within a server
Gaming-focused chat platform Discord today announced a new integration with Spotify that will allow users to connect their Spotify accounts …
PayPal reports Q4 revenue of $3.71B, up 24% YoY, vs. $3.63B est., processes $131B in total payments volume, up 32% YoY, and adds 8.7M customer accounts
Katie Roof / TechCrunch :
Qualcomm reports Q1 revenue of $6.04B, up 1% YoY, $6B tax reform charge, and 96% YoY operating profit decline as Apple and others withheld royalty payments
- Qualcomm reported adjusted earnings of 98 cents per share and revenue of $6 billion, beating street estimates of 91 cents per share and $5.93 billion in revenue.
Users around the world who infrequently log in to Facebook say it has been increasing re-engagement prompts via emails and text messages recently
Sarah Frier / Bloomberg :
Instagram announces plan to bring Carousel Ads to Stories, letting advertisers show up to three photos or videos in Stories
It's been less than a year since Instagram brought advertising to Instagram Stories — a format that its owner Facebook said in November has more than 300 million daily users.
Federal appeals court rules Twitter not legally responsible for two American deaths in ISIS-linked attack, says ISIS' Twitter use not directly linked to attack
Bob Egelko / San Francisco Chronicle :
Qualcomm and Samsung announce patent cross-licensing agreement, with Samsung withdrawing its interventions in Qualcomm's appeal against $868M fine
Tim Bradshaw / Financial Times :
AT&T reports Q4 revenue of $41.7B, vs. $41.8B last year, 4.1M total wireless net adds, and $19B net income, vs. $2.4B last year, boosted by tax reform benefit
Consolidated revenues of $41.7 billion Jon Fingas / Engadget : AT&T's big DirecTV Now update arrives this spring Sean Kinney / RCR Wireless News : AT&T CEO: FirstNet, millimeter wave spectrum will bri...
Venezuela's president says a pre-sale of its new “petro” cryptocurrency, with each token backed by one barrel of crude oil, will begin on February 20
Lenovo reports Q3 $289M net loss, recorded $400M charge due to US tax reform; core PC and smart devices business group posted 8% rise in revenue to $9.25B
Microsoft's Q2 productivity revenue up 25% YoY to $9B, Intelligent Cloud revenue up 15% YoY to $7.8B, personal computing revenue up 2% YoY to $12.2B
Emil Protalinski / VentureBeat :
Instagram Stories begins rolling out its “type mode” feature to users, letting them post text-based pages
Ashley Carman / The Verge :
Fujifilm buys control of Xerox to form an $18B company, marking an end to the iconic American giant's independence
Bloomberg :
As jury selection begins in Waymo-Uber trial, a rundown of both sides' core arguments on trade secrets, R&D, Anthony Levandowski's role, and more
Jack Dorsey says almost all Square Cash App users can now trade Bitcoin on the platform; service isn't available for users in NY, Georgia, Wyoming, Hawaii
Square (Jack Dorsey) , Square Cash . Finextra Research Headlines : Square joins bitcoin revolution; SpherePay to launch own-brand cryptocurrency
PitchBook: all-female founding teams received ~2.2% of $85B total invested by VCs in 2017, up from 1.9% in 2016, as all-male founding teams received ~79%
giving men a leg up when it comes to raising funds” - just 2% of 2017's VC funding went to women-led co's http://fortune.com/... Jodi Jahic / @jodij : Sobering statistics, but @kmlake is right: in a c...
Twitter now says 1.4M+ US users interacted with tweets from Russia-linked accounts during 2016 election, up from 670K previously announced, has notified them
Alex Kantrowitz / BuzzFeed :
Pandora announces restructuring, shifting resources to ad tech and audience development, cutting workforce by 5% to save $45M annually, will expand in Atlanta
Todd Spangler / Variety :
YouTube expands YouTube Go, a lightweight version of its service for emerging markets, to 130+ countries
Sarah Perez / TechCrunch :
Alibaba's Q3 earnings beat expectations as revenue jumps 56% YoY to ~$13.19B; company will buy a 33% stake in its payment affiliate Ant Financial
Google Flights says it will use historical data and AI to predict when planes may be delayed
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
Game broadcasting platform Caffeine, founded by two ex-Apple designers, raised $46M across two rounds led by Greylock in 2016 and a16z in 2017
Slack CEO Stewart Butterfield says its Enterprise Grid service, launched one year ago, has 150+ customers
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