Microsoft Q2: revenue of $36.9B, up 14% YoY, net income of $11.6B, up 38% YoY; Commercial Cloud revenue up 39% YoY to $12.5B; Office 365 Consumer subs hit 37.2M
Microsoft Commercial Strength Powers Second Quarter Results REDMOND, Wash. — January 29, 2020 — Microsoft Corp. today announced …
Facebook reports Q4 revenue of $21.1B, up 25% YoY, and net income of $7.4B, up 7% YoY; DAUs rose 9% YoY to 1.66B, MAUs rose 8% YoY to 2.5B; stock drops 5%+
Facebook, Inc. (Nasdaq: FB) today reported financial results for the quarter and full year ended December 31, 2019.
Practice Fusion, which offers free, ad-supported health records software to doctors, agrees to pay $145M DOJ fine for its role in boosting opioid prescriptions
- Practice Fusion ensured that addictive drugs were on the menu — 'It's evil. There's really no other word for it,' doctor says
Avast will shut down its marketing subsidiary Jumpshot following controversy over selling user data to third parties
Avast's CEO said the move is “absolutely the right thing to do.” — Avast is winding down its subsidiary Jumpshot following an explosive investigation into the sale …
Samsung reports weak Q4 earnings from low memory chip sales as net profit slumps to $4.4B, down 39% YoY, on revenue of $50.52B, up 1.1% YoY
Company reports weak fourth-quarter earnings from low memory-chip sales — SEOUL—Samsung Electronics Co. reported a 39% drop in fourth-quarter net profit …
Facebook agrees to pay $550M to settle a class action suit over Illinois biometric law violations for tagging users in photos, after SCOTUS rejected its appeal
It was another black mark on the privacy record of the social network, which also reported its quarterly earnings.
Apple hired one of Netflix's top engineers in strategy to staff up the technical team supporting its newly launched TV+ subscription services
Apple Inc. AAPL 2.89% recently hired one of Netflix Inc.'s NFLX -1.87% top engineers, part of a broader strategy to build out the technical team supporting …
Microsoft's Personal Computing saw Q2 revenue rise by 2% YoY to $13.2B, with Surface up 6%; Intelligent Cloud rose 27% YoY to $11.9B, with Azure revenue up 62%
Emil Protalinski / VentureBeat :
California court orders Apple to pay $838M and Broadcom to pay $270M for infringing California Institute of Technology patents on Wi-Fi transmissions
Apple Inc. and Broadcom Inc. must pay $1.1 billion in damages for infringing California Institute of Technology patents on Wi-Fi transmissions, a jury in California ordered.
Sources: Uber and DoorDash held failed merger talks around six months ago at the behest of SoftBank to consolidate the food-delivery industry
Uber and DoorDash held talks to combine last year in a deal that would have accelerated the long-awaited consolidation of the lossmaking food delivery industry …
Nintendo says Switch passed SNES in lifetime sales with 52M+ sold, reports sales of $9.39B and net profit of $1.8B for the nine months ended in December
Nintendo said it is upgrading its forecast for profits in the fiscal year ending March 31, thanks to strong sales of the Nintendo Switch and games that run on it.
Fantastical, a popular calendar app for iOS and macOS, switches to a subscription model to unlock new premium features like Calendar Sets and weather forecasts
Admit it, you've lost track of how many years it's been since you paid for Fantastical. The answer could be as long ago as 2013 …
Facebook Q4 profits grew 7% YoY, compared to growth of 61% a year ago, while expenses of $12.2B were up 34% YoY as headcount grew 26% to 44,942
Josh Constine / TechCrunch :
Zuckerberg says his goal for Facebook this decade “isn't to be liked but to be understood” and that people need to know where the company stands to trust it
Kaya Yurieff / CNN :
Woman tried for 4 years to get Facebook to remove a business page someone created for her butthole, which the company removed only after BuzzFeed wrote about it
“This unofficial Page was created because people on Facebook have shown interest in this place or business.
Source: Apple has terminated AI startup Xnor.ai's involvement in the Pentagon's Project Maven after its recent acquisition of the startup
Big technology companies like Microsoft, Amazon and Google have jockeyed to secure lucrative contracts supplying their products and services to the military.
Spatial, which develops a 3D “holographic” collaboration platform, raises $14M Series A led by WhiteStar Capital, iNovia, and Kakao Ventures
The worlds of virtual and augmented reality have yet to land on the applications and hardware to truly spark mass-market …
Microsoft's Q2 gaming revenue was down 21% YoY to $3.4B, with hardware revenue down 43% YoY and Xbox content and services revenue down 11% YoY to $2.4B
Taylor Soper / GeekWire :
Maze ransomware ring has dumped stolen data from about 25 companies online and has threatened full dumps as leverage against victims who don't pay the ransom
Maze operators “gift” Pensacola by removing data dump, but others not so lucky. — The Maze ransomware ring has taken extortion …
A look at the bruising price war in Latin America among food delivery companies Uber, Didi, and Rappi, all of which are funded by SoftBank
Wall Street Journal : Tweets: @rwhelanwsj , @rwhelanwsj , and @andreanavarror Tweets: Robbie Whelan / @rwhelanwsj : This story is about venture capital's excesses, but it's also about how something s...
Imran Chaudhri and Bethany Bongiorno, key members of the original iPad team, on the early days of the project and their regrets about how the iPad has evolved
Ten years ago, Apple introduced one of the most influential products of the company's modern era: the iPad. Tweets: @bzamayo Tweets: Benjamin Mayo / @bzamayo : Cool interview with Imran Chaudhri and B...
Report: UN did not tell the public nor its general staff about a hacking attack into its IT systems from last July, despite staff records being compromised
and then tried to cover it up Associated Press : Leaked report shows United Nations suffered hack Lindsey O'Donnell / Threatpost : U.N. Hack Stemmed From Microsoft SharePoint Flaw Igor Bonifacic / Eng...
Despite US pressure, the EU told member states they should limit “high risk” 5G vendors, like Huawei, but did not recommend a total ban
Matina Stevis-Gridneff / New York Times :
A look at Covariant.AI, which builds warehouse robots trained with reinforcement learning, as few warehouse tasks remain that cannot be automated
and say they're ready for the big time. https://www.technologyreview.com/ ... @techreview : “Every time, we expected that they would fail with the next product, because it became more and more tricky ...
Sources: online pharmacy Alto, which offers same-day deliveries and medication management apps, has raised ~$250M led by SoftBank, at a valuation of over $1B
BANGALORE (Reuters) - SoftBank's second Vision Fund has led a new round of funding for Silicon Valley-based drug delivery firm Alto Pharmacy …
Study that looked at 72M YouTube comments across 330,925 videos finds evidence of radicalization effect on users that leads them to extreme far-right content
Natasha Lomas / TechCrunch :
Apple addresses Wuhan coronavirus concerns, offers wider than usual Q2 revenue estimates, says it closed one retail store in China, slightly delayed production
Shara Tibken / CNET :
Snapchat launches Bitmoji TV, 4-minute comedy cartoons with users' avatars, on a dedicated Snapchat Show page to which users can subscribe to get notifications
Josh Constine / TechCrunch :
Pinterest says it will remove any user post or ad that misleads people about voting or participating in the US census in a new “civic participation” policy
Cat Zakrzewski / Washington Post : Tweets: @digiphile , @colorofchange , and @josephmosby . Thanks: @jamiefavazza Tweets: Alex Howard / @digiphile : First, @pinterest set new industry standards by no...
OpsRamp, which lets IT teams automate and manage hybrid environments, raises $37.5M led by Morgan Stanley Expansion Capital, bringing its total raised to $62M
Kyle Wiggers / VentureBeat :
SimScale, which offers cloud-based computer-aided engineering simulation software, raises €27M Series C led by Insight Partners
Annie Musgrove / Tech.eu :
Sources: EU is preparing rules on data interoperability and cross-border use to create a single market in data aimed at challenging the dominance of big tech
Foo Yun Chee / Reuters :
In a first, US DOJ is seeking court approval to take enforcement action against several telecom operators for facilitating robocalls
Kate Fazzini / CNBC :
Codility, which helps recruiters and hiring managers assess candidates through online coding tests, raises $22M Series A led by Oxx and Kennet Partners
Frederic Lardinois / TechCrunch :
Canada-based Miovision, which offers an AI-based modelling platform to help cities manage and optimize traffic congestion, completes a $120M CAD funding round
PayPal reports Q4 revenue of $4.96B up 17% YoY, with total payment volume up 22%; Venmo's userbase reached 52M and processed payments grew to $29B, up 56% YoY
Natalie Gagliordi / ZDNet :
A look at the debate about whether Amazon should be held liable for defective 3rd-party products on its Marketplace, which the company argues is like Craigslist
Colin Lecher / The Verge :
Source: Facebook refines Facebook Watch strategy by moving away from originals and investing in talk shows and licensing, ups budget from $1B in 2017 to $1.4B
The Information : Tweets: @jtramsay See also Mediagazer Tweets: J T. Ramsay / @jtramsay : Even Facebook can't pivot to video https://twitter.com/... See also Mediagazer
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