Techmeme: Facebook reports $2.6B in revenue, 1.23B monthly active users, beating estimates (Blair Hanley Frank/GeekWire)

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January 29, 2014, 5:35 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) …

Larry Page / The Official Google Blog:

Google CEO: Motorola to be better served at Lenovo, which is “all-in” on making mobile devices — Lenovo to acquire Motorola Mobility — We've just signed an agreement to sell Motorola to Lenovo for $2.91 billion. As this is an important move for Android users everywhere, I wanted to explain why in detail.

More: Re/code, The Technology Chronicles, The Next Web, Gigaom and iDownloadBlog.com

Matthew Panzarino / TechCrunch:

Google Keeps ‘Vast Majority’ Of Motorola Mobility Patents In Sale To Lenovo — Motorola Mobility is being sold to Lenovo, in a deal worth $2.91B. Google is divesting itself of the handset division it purchased for $12.5B in 2011, but it will keep some of the assets — including patents.

More: Los Angeles Times, The Next Web, The Mac Observer, WebProNews, Android Authority and Electronista

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.

More: Re/code, Business Insider, AdExchanger, CNET, ZDNet, CNNMoney.com, Forbes, The Next Web, Tech Trader Daily, Yahoo, TechnoBuffalo, WebProNews, Washington Post and MobileSyrup.com

Josh Constine / TechCrunch:

Facebook Officially A Mobile Ad Firm With 53% Of Ad Revenue Now Coming From Its 945M Mobile Users — Linode Moves From Monthly To Metered Billing — Facebook hit a major milestone with today's Q4 2013 earnings as it crossed the halfway point and now earns 53% of ad revenue from mobile …

More: TechCrunch, Digits, Digits, Engadget and CNET

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 …

More: Gigaom, ReadWrite, BGR, Examiner, Engadget, The Verge, Daring Fireball, Gizmodo, MobileBurn.com, WebProNews, TechnoBuffalo, PhoneArena, MobileSyrup.com, Phandroid, Android Authority, Ubergizmo, pocketnow.com, SlashGear, Droid Life and Android Community

Tweets: @asadotzler and @benbajarin

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.

More: CNET, PC Magazine, Los Angeles Times, Redmond Pie, WebProNews, TechnologyTell, Gigaom, iDownloadBlog.com, MacRumors, iLounge, pocketnow.com, 9to5Google, iPhone in Canada Blog, AppleInsider, Mashable, App Advice, Softpedia News and MacNN. Tweets: @sacca

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.

More: Computerworld, ZDNet, BGR, GeekWire, Search Engine Land, SlashGear, The Register, Softpedia News, TechnoBuffalo, CNET, WebProNews and bizjournals. Tweets: @amir

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 …

More: Computerworld, GeekWire, DSLreports, Ars Technica, The Verge, CNET, Ubergizmo, TechnoBuffalo, TUAW, BGR, dailywireless.org, Gigaom Research, TheStreet.com, MacRumors, TmoNews and PhoneArena

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

More: TechCrunch, Twitter, Dataminr, Re/code, Wired, Engadget, Variety, Gawker, SlashGear and Poynter

Tweets: @joannauk, @benpopper, @mikeisaac and @vivianschiller

See also Mediagazer

Joe Mullin / Ars Technica:

Court: Google infringed patents, must pay 1.36 percent of AdWords revenue — Vringo is a tiny company that purchased some patents from Lycos, an old search engine, in 2011 and then used those patents to sue Google. In December 2012, Vringo won $30 million in a jury trial …

More: The Verge, Search Engine Land, VentureBeat, Computerworld, The Switch, WebProNews and BGR. See also Mediagazer

Josh Ong / The Next Web:

Twitter.com gets new search filters for news, videos, and people you follow — The Web version of Twitter has new search filters that let you restrict your searches to photos, videos, news, people you follow, and nearby locations. — The ability to limit a search to only people you follow …

More: Search Engine Land, ReadWrite, ZDNet, The Verge, Gizmodo and Electronista. Tweets: @twitter

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.

More: TechCrunch, PE Hub Blog and VentureBeat

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 …

More: Evernote Blog, The Next Web, ZDNet, iClarified, iPhone, Android Community, PC Magazine, App Advice, Cult of Mac, SlashGear, PC World and Engadget. Tweets: @dujkan

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 …

More: TelecomLead

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.

More: GeekWire, internetretailer.com, VCPOST and Re/code

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.

More: The Loop, The Twitter Blog, Gigaom, AppleInsider, PC World, The Verge, The Switch, MacRumors, Cult of Mac, App Advice, Electronista, SlashGear, Associated Press, National Journal and The Next Web

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).

More: AFP, Engadget, Engadget, VentureBeat, The Next Web, VentureBeat, Digital Trends, TechnoBuffalo, BGR, Inquirer, Ars Technica, New York Times, SlashGear, GeekWire, VentureBeat, Wall Street Journal, Reuters and Softpedia News

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.

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

More: PR Newswire, Tech Trader Daily and Wall Street Journal

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