Techmeme
January 31, 2018, 7:10 PM

Top News

Microsoft Investor Relations:
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:
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.
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 …
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.
Janko Roettgers / Variety:
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 …
Saheli Roy Choudhury / CNBC:
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.
Roger Cheng / CNET:
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  —  AT&T has never shied away from a fight.  —  The Dallas telecom giant has been in the thick of a long battle …
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 …
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.
Valentina Zarya / Fortune:
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%  —  Things are changing for women in the startup and venture capital world.  Last year, a handful of them came forward to share their stories …

Sponsor Posts

TELUS Digital:
See how your customer experience priorities compare  —  TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing.  Get the results.  No form fill required!
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
The rise of AI in recruitment  —  Note: This is a guest post by our integration partner Ringover.AI has already begun transforming recruitment, but in the coming years, it will reach new heights.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
Become a better communicator: Specific frameworks to improve your clarity, influence, and impact | Wes Kao (coach, entrepreneur, advisor)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
(BNS) The Legality Of The AI Stuff
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Hard Fork:
Tech Stock Shock + Solving the Mystery of OpenAI's "Blip" + Tinder's Flirt-Off
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
BG2 Pod:
Liberation Day, Tariffs, US v China Open Source, OpenAI Fundraise, $CRWV, TikTok
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner and Bill Gurley.
Subscribe to BG2 Pod.
Decoder with Nilay Patel:
What AI anime memes tell us about the future of art and humanity
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Great Chat:
Battle of the startup cities
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:10 PM ET, January 31, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Daisuke Wakabayashi / New York Times:
Jon Russell / TechCrunch:
Bloomberg:
Arjun Kharpal / CNBC:

Earlier Picks

Bloomberg: