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February 2, 2017, 11:50 PM
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| U.S. Securities and Exchange Commission: |
Snap Inc.'s S-1 SEC filing for IPO — This is an initial public offering of shares of non-voting Class A common stock of Snap Inc. Snap Inc. is offering to sell shares of Class A common stock in this offering. The selling stockholders identified in this prospectus are offering an additional shares of Class A common stock.
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Tweets: @dannysullivan, @alexeheath, @mattgarrahan, @shaig, @theinformation, @ow, @srussolillo, @brianroemmele, @tim, @sapna, @jgfarb, @dcurtis, @brianroemmele, @ow, @belril, @tim, @kurtwagner8, @alexeheath, @mattgarrahan, @jyarow, @reutersbiz, @mattrosoff, @amir, @shiraovide, @acesrose, @geoffreyfowler, @alexjamesfitz, @lexnfx, @sai, @alex, @mhbergen, @dannysullivan, @lexnfx, @verge, @jandawson, @shaig, @anthony, @ericgplatt, @alex, @alex, @alex, @joshconstine, @alex, @lexnfx, @lanceulanoff, @lexnfx, @lexnfx, and @sarahfrier
See also Mediagazer| Jordan Novet / VentureBeat: |
Snap Inc. files for IPO, aiming to raise $3B; firm had $404M in revenue in 2016, up 500% YoY, on a $514M net loss — Snap today filed its S-1 paperwork with the Securities and Exchange Commission (SEC), triggering the process to go public. The company aims to raise $3 billion …
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Tweets: @mollywood, @jordannovet, @alexjamesfitz, and @danprimack
See also Mediagazer| Matthew Lynley / TechCrunch: |
Snapchat had 161M DAUs in December 2016, up from 110M last year, with 69M located in US and 53M in Europe, and made $1.05 average revenue per user in Q4 2016 — It's here! Snap — which confidentially filed for its IPO late last year — has released its public filing through the Securities and Exchange Commission.
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| Alex Heath / Business Insider: |
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| Ryan Lawler / TechCrunch: |
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| Mike Isaac / New York Times: |
Travis Kalanick tells employees that he's leaving Trump's economic advisory council; 200K customers deleted their accounts over the past six days, say sources — SAN FRANCISCO — Travis Kalanick, chief executive of Uber, plans to step down from President Donald J. Trump's economic advisory council …
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See also Mediagazer| Kara Swisher / Recode: |
Sources: Facebook, Microsoft, Google, Apple, and Amazon circulating draft open letter to Trump on recent immigration order ahead of planned release this week — It's the first joint effort from big U.S. businesses to try to support immigration. — Alphabet, Apple, Facebook, Microsoft …
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| Brad Smith / Microsoft on the Issues: |
Microsoft asks Trump administration for a formal process to grant exceptions to visa-holding workers and students affected by immigration order — Proposal calls for case-by-case exception process for law-abiding visa holders with pressing needs — In last Friday's executive order …
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Tweets: @bradsmi, @business, @stephennellis, @opencommunique, @twoscooters, @nickwingfield, @b_fung, @greene, @satyanadella, and @fxshaw
| Bob Fernandez / Philly.com: |
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Tweets: @caseynewton, @mcdanyel, @bobbyallyn, @sweendogz, @biancaamarilis, @loftus, @bobfernandez1, @phillydotcom, @forzacorrado, @quan, and @caseynewton
See also Mediagazer| Business Wire: |
Amazon.com Announces Fourth Quarter Sales up 22% to $43.7 Billion — Operating cash flow increased 38% to $16.4 billion for the trailing twelve months, compared with $11.9 billion for the trailing twelve months ended December 31, 2015. Free cash flow increased to $9.7 billion …
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Quartz, Computerworld, Business Insider, CNET, Marketing Land, CNBC, The Verge, GeekWire, Tubefilter, ZDNet, SiliconANGLE, VentureBeat, GeekWire, and Reuters
Tweets: @jonerlichman, @jkrisch, @jonerlichman, and @reuterstech
| John Mannes / TechCrunch: |
Amazon reports Q4 revenue of $43.7B, up 22% YoY, vs $44.68B expected, as net income reaches $749M; stock down 3%+ — Mixed faces in Seattle today as Amazon delivered its Q4 2016 earnings. The e-commerce company reported lower than expected revenue of $43.74 with better than expected earnings per share of $1.54.| Jordan Novet / VentureBeat: |
| Tom Warren / The Verge: |
Microsoft updates Outlook for iOS with support for apps and add-ons, starting with Giphy, Evernote, Trello, more — Microsoft is bringing apps and add-ins to its Outlook for iOS email application today. The software giant has partnered with Evernote, Giphy, Nimble, Trello …
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Tweets: @officenews and @maryjofoley
| Joseph Cox / motherboard: |
Hackers release iOS cracking tools used by Cellebrite, the Israeli firm known for breaking into phones; expert says the tools are similar to jailbreaking tools — In January, Motherboard reported that a hacker had stolen 900GB of data from mobile phone forensics company Cellebrite.
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9to5Mac, Redmond Pie, AppleInsider, iPhone Hacks, The Mac Observer, iLounge, and MacDailyNews
Tweets: @josephfcox, @panzer, @scribandotcom, @smitherinda, and @josephfcox
| Matt Burns / TechCrunch: |
GoPro stock crashes 13%+ after missing quarterly expectations with $540.6M in Q4 revenue amid Karma drone recall — GoPro today reported its fourth-quarter and year-end earning results. And they weren't good. The stock is currently falling like a recalled GoPro Karma drone.| Stephen Shankland / CNET: |
Mozilla lays off about 50 from its connected devices team, bringing the project to an end — The nonprofit is cutting about 50 people after struggling to extend the influence of its Firefox web browser for PCs. — A last vestige of Mozilla's effort to expand its technological influence beyond …
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Android Police, Ars Technica, SlashGear, The Register, Liliputing, TechCrunch, Engadget, and The Verge
Tweets: @__davidflanagan and @cnet
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