Techmeme
November 4, 2015, 7:50 PM

Top News

Facebook:
Facebook Reports Third Quarter 2015 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter ended September 30, 2015.  —  “We had a good quarter and got a lot done,” said Mark Zuckerberg, Facebook founder and CEO.  “We're focused on innovating and investing …
Josh Constine / TechCrunch:
Facebook Hits 8 Billion Daily Video Views, Doubling From 4 Billion In April  —  Facebook video viewership is growing by leaps and bounds.  It now sees 8 billion average daily video views from 500 million users.  That's up from just 4 billion video views per day in April.
Alexei Oreskovic / Business Insider:
Facebook generated $9.86 in ad revenue from every user in the US in Q3, up 50% from a year ago  —  Facebook makes 50% more ad revenue from every US user than it did a year ago  —  Facebook's ad business delivered a strong quarter that helped the social network handily beat Wall Street's revenue and profit targets.
Josh Constine / TechCrunch:
Financial Times:
Sources: Facebook's Notify app for news alerts to launch next week with dozens of media partners including Vogue, the Washington Post, and CBS  —  Facebook links with media groups to launch news app  —  Facebook is preparing its latest push into news with a new standalone app called Notify …
BBC:
Proposed new UK surveillance bill requires ISPs to store which sites users visit for a year  —  May unveils plan to store web browsing  —  Internet firms will have to store data on what people access online for a year, under new surveillance law plans.  —  At the same time …
Rolfe Winkler / Wall Street Journal:
Sources: facing cash crunch, Jet.com close to completing $550M round at $1.55B post-money valuation, after discussing valuation as high as $3B this past summer  —  Facing Cash Crunch, Retailer Jet.com Racing to Complete Funding Round  —  Investment would prevent the e-commerce startup from running out of money by the end of the year
Arik Hesseldahl / Re/code:
Microsoft and Red Hat Team Up to Offer Linux on Azure Cloud  —  Microsoft said today that it will offer Red Hat's version of the open source Linux operating system on its Azure cloud computing platform.  —  The alliance, which will be detailed in a webcast later today …
Jacob Demmitt / GeekWire:
Fast-growing online marketplace OfferUp announces it has raised $90M in total to date and its users have sold $2.9B worth of merchandise so far in 2015  —  Fast-growing OfferUp breaks silence with $90M in funding, goes after Craigslist … OfferUp — one of the Seattle area's most valuable …
Tom Warren / The Verge:
Microsoft begins accepting signups for Cortana for iOS beta in US and China  —  Microsoft opens up its Cortana for iPhone beta  —  Microsoft is getting ready to let iPhone users test a version of Cortana for iOS.  The software maker has been steadily testing the app over the past six months internally …
Timothy B. Lee / Vox:
Bitcoin economy: price is at highest level of the year, transaction volume increasing, becoming more international, growing number of Bitcoin ATMs  —  The growing Bitcoin economy, in 5 charts  —  Bitcoin hasn't received the kind of hype in 2015 that it has in previous years.

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