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January 31, 2018, 4:35 PM
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| Microsoft Investor Relations: |
Microsoft reports $28.92B in Q2 2018 revenue, up 12% YoY, vs $28.92B est., 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:
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TechCrunch, ZDNet, Reuters, The Verge, Windows Central, Business Insider, MSPoweruser, and MSPoweruser
Tweets: @maryjofoley, @mehedih_, and @greene
| Saheli Roy Choudhury / CNBC: |
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.
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Android Authority, Bloomberg, TechCrunch, FierceWireless, TWICE, The Verge, Seeking Alpha, SamMobile, ValueWalk, TechSpot, Android Police, SlashGear, BGR, Firstpost, Samsung Global Newsroom, VentureBeat, 9to5Google, Android Central, Bloomberg, Financial Times, CNET, and Reuters
Tweets: @jandawson, @jandawson, @business, and @samsung
| Jon Russell / TechCrunch: |
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 …
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Digital Trends, The Next Web, BBC, Engadget, Cointelegraph.com News, The Verge, CoinSpeaker, Gizmochina, CNBC, Ubergizmo, Mashable, ZDNet, CoinDesk, Inquirer, TechSpot, CNBC, Ubergizmo, International Business Times, Neowin, and SlashGear. Tweets: @iamjosephyoung
| Paul Sawers / VentureBeat: |
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 … | Facebook: |
Facebook reports Q4 revenue of $12.97B, up 47% YoY, as net income reaches $4.27B, up 20% YoY; DAUs reach 1.4B, up 14% YoY, and 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.
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Bloomberg, TechCrunch, TechCrunch, Business Insider, Variety, and CNBC
Tweets: @kantrowitz, @business, @recode, @caseynewton, @jonerlichman, and @jonerlichman
| Janko Roettgers / Variety: |
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 … | Evelyn Cheng / CNBC: |
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 — - Users of Square's Cash payments app can now trade bitcoin, except for those located in New York, Georgia, Wyoming and Hawaii, according to the company's website.
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The Next Web, Bloomberg, Business Insider, TechCrunch, 9to5Google, 9to5Mac, Business Insider, and CoinDesk
| Megan Rose Dickey / TechCrunch: |
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.
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SiliconANGLE, Uber Newsroom, The Next Web, Gizmodo, The Verge, Engadget, and Axios
| Sarah Perez / TechCrunch: |
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.
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Tubefilter, MacRumors, Variety, VentureBeat, AppAdvice.com, and iPhone in Canada Blog
| Sarah Frier / Bloomberg: |
Users around the world who infrequently log in to Facebook say it has been increasing re-engagement prompts via emails and text messages recently — It's been about a year since Rishi Gorantala deleted the Facebook app from his phone, and the company has only gotten more aggressive in its emails to win him back.
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Vanity Fair. Tweets: @joshconstine, @martinsfp, @kcoxdc, @jessefelder, @thestalwart, @josheidelson, @shiraovide, @alex, and @sarahfrier
| Arjun Kharpal / CNBC: |
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.| Reuters: |
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 … | Bloomberg: |
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 … | CNBC: |
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 — - Critics have slammed the initiative as not only illegal but nothing more than a debt issuance by the government amid quadruple-digit inflation and major shortages.
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Bloomberg, Bloomberg, Hacker Noon, Motherboard, CoinDesk, and Seeking Alpha
Tweets: @_jillruth, @matt_odell, and @jeffjohnroberts
| Becky Peterson / Business Insider: |
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.
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VentureBeat, The Asana Blog, TechCrunch, Peter O'Kelly's Reality Check, Bloomberg, PE Hub Blog, PitchBook, and CNBC. Tweets: @rosenstein
| Salvador Rodriguez / Reuters: |
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.Thanks:@sal19
| Jon Russell / TechCrunch: |
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.
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Reuters, ZDNet, CNBC, LINE MOBILE Corporation, Bank Innovation, VentureBeat, CNBC, and PE Hub Blog. Tweets: @jamesliamcook
| Daisuke Wakabayashi / New York Times: |
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 — SAN FRANCISCO — After nearly a year of legal wrangling, dramatic last-minute delays and uncooperative witnesses, a jury will soon hear arguments …
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Ars Technica, Bloomberg, Reuters, and Axios
Tweets: @jmbooyah, @bizcarson, @bizcarson, @bizcarson, @jmbooyah, @meharris, @kateconger, @meharris, @daiwaka, and @kateconger
| Valentina Zarya / Fortune: |
PitchBook: female founders received $1.9B, or ~2.2%, of $85B total invested by VCs in 2017, up from 1.9% in 2016, as male-founded firms received $66.9B, or ~79% — Things are changing for women in the startup and venture capital world. Last year, a handful of them came forward to share … | Ingrid Lunden / TechCrunch: |
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 …
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VatorNews and PE Hub Blog
| Alex Kantrowitz / BuzzFeed: |
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 — Twitter previously said 677,775 people in the US interacted with a Kremlin-linked troll campaign during the election.Sponsor Posts
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IDrive:
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