Techmeme
January 29, 2014, 5:45 PM

Top News

Google:
Lenovo to acquire Motorola Mobility from Google for $2.91 billion  —  Lenovo to Acquire Motorola Mobility from Google  —  Research Triangle Park, North Carolina, and Mountain View, California - January 29, 2014: Lenovo (HKSE: 992) (ADR: LNVGY) and Google (NASDAQ: GOOG) …
Ina Fried / Re/code:
Google and Lenovo Explain their $2.9 Billion Motorola Deal (Live Coverage)  —  Google is swallowing a big loss in selling Motorola for $2.9 billion and Lenovo is taking a big risk in acquiring an iconic but troubled brand.  —  So why are they doing it?  —  We think we know why Google …
Facebook:
Facebook Reports Fourth Quarter and Full Year 2013 Results  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the fourth quarter and full year ended December 31, 2013.  —  “It was a great end to the year for Facebook,” said Mark Zuckerberg, Facebook founder and CEO.
Blair Hanley Frank / GeekWire:
Facebook reports $2.6B in revenue, 1.23B monthly active users, beating estimates  —  Facebook announced today that it brought in $2.6 billion in revenue last quarter, up 63 percent from the same period a year ago.  In addition, the company reported $780 million in profit on earnings of 31 cents per share.
Liz Gannes / Re/code:
After Google Pressure, Samsung Will Dial Back Android Tweaks, Homegrown Apps  —  In early January, while the rest of the consumer technology world at CES marveled at the sheer size of Samsung's upcoming Galaxy tablet, Google execs were dismayed by what they saw on the screen of the massive 12.1-inch slate …
Josh Lowensohn / The Verge:
Gmail bug made some users accidentally delete emails sent between January 12th to 21st  —  Gmail bug made some users accidentally delete emails  —  A recent bug in Gmail resulted in some users accidentally deleting emails and reporting others as spam when applying those actions to other messages.
Stephen Lam / Reuters:
Exclusive: Google close to settling EU antitrust investigation - sources  —  (Reuters) - Google and EU regulators are close to settling a three-year antitrust investigation into the company's suspected anti-competitive behaviour after it offered improved concessions to allay competition concerns, two sources said on Thursday.
Wall Street Journal:
U.S. Skeptical on Sprint's Possible T-Mobile Deal  —  Justice Officials Met With Directors Son and Hesse, Signaled Dim View Toward a Merger  —  Sprint Corp. board members Masayoshi Son and Dan Hesse met recently with Justice Department officials who said they would view a Sprint acquisition …
Ben Popper / The Verge:
Twitter partners with CNN on “Dataminr for News” system that alerts journalists to breaking news  —  CNN announces partnership with Twitter to ‘revolutionize’ news gathering  —  Taking the flood of public information on Twitter and mining it for breaking news insights
Ingrid Lunden / TechCrunch:
After Pledging A “Better Evernote”, Evernote Updates Data Sync, Now 4X Faster  —  Earlier this month, Evernote — the note-taking app with some 80 million users and over $250 million in funding — took a humble pill after former TechCrunch writer Jason Kincaid slammed the company for letting …
Michael Carney / PandoDaily:
Ensighten raises $40M to take on Adobe and Salesforce, redefine the marketing cloud  —  If Series A rounds are meant to prove out a business model and Series B rounds are meant to scale it, then enterprise data and tag management startup Ensighten is poised to get much, much bigger.
Sam Byford / The Verge:
Nintendo makes profit on 1.95 million Wii U sales, but predicts dire final quarter  —  Nintendo made an operating profit of ¥21.7 billion ($210 million) in its crucial fiscal third quarter as the Wii U picked up sales over the holiday shopping period.  Net income was ¥9.6 billion ($93 million).
Greg Bensinger / Wall Street Journal:
Amazon to Offer Kindle Checkout System to Physical Retailers  —  Project Would Give E-Commerce Firm Access to More Customer Data  —  Amazon.com Inc. plans to offer brick-and-mortar retailers a checkout system that uses Kindle tablets as soon as this summer, people briefed on the company's plans said.
Sarah Perez / TechCrunch:
Walmart Begins Testing Online Grocery Shopping With Local Store Pickup Option In Denver  —  Walmart To Go, the retailer's on-demand shopping service offering home delivery of general merchandise, including in some cases, groceries, is expanding its test in the Denver market today to also include a local pick-up option.
Reuters:
Qualcomm faces record fine exceeding $1 billion in Chinese antitrust probe  —  Qualcomm faces prospect of record antitrust fines in China  —  (Reuters) - Qualcomm Inc, the world's biggest cellphone chip maker, may be hit with a record fine exceeding $1 billion in a Chinese antitrust probe …
Steven Musil / CNET:
Obama proposes creation of six new tech manufacturing hubs  —  President Obama made a push for an expanded high-tech manufacturing base in the US during his State of the Union address Tuesday night, proposing the creation of six new high-tech manufacturing hubs in the US this year.
Zack Whittaker / ZDNet:
Qualcomm Q1: Mixed on estimates, but strong quarter on smartphone, tablet sales  —  Summary: The chip maker's chief executive said its partners' strong smartphone and tablet sales helped drive the record quarterly results, but missed on estimates.  Its Q2 outlook also missed estimates.  —  Zack Whittaker
Naoki Hiroshima / Medium:
How I Lost My $50,000 Twitter Username  —  A story of how PayPal and GoDaddy allowed the attack and caused me to lose my $50,000 Twitter username.  —  My $50,000 Twitter Username Was Stolen Thanks to PayPal and GoDaddy  —  I had a rare Twitter username, @N. Yep, just one letter.

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