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October 23, 2014, 6:30 PM
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Microsoft:
Microsoft Cloud Strength and Hardware Progress Drive Record First-Quarter Revenue  —  Strong performance across commercial and consumer segments delivers revenue of $23.20 billion.  — REDMOND, Wash. — October 23, 2014 — Microsoft Corp. today announced revenue of $23.20 billion for the quarter ended September 30, 2014.
Alex Wilhelm / TechCrunch:
Microsoft Up 3% After Reporting Better Than Expected FQ1 Revenue Of $23.20B, EPS Of $0.54  —  After gaining more than 1 percent in regular trading, Microsoft reported its fiscal first quarter 2015 earnings: Revenue totaled $23.20 billion in the period, leading to profits of $0.54 per share.
Jason Del Rey / Re/code:
Amazon Takes $170 Million Writedown on Weak Fire Phone Sales  —  Amazon said in a conference call following the release of a disappointing third-quarter financial report that it would take a $170 million charge “primarily related to Fire phone inventory valuation and supplier commitment costs.”
Everett Rosenfeld / CNBC:
Amazon misses with loss of $0.95/share, reports 20% higher YoY Q3 revenues of $20.58B, loses 11% in after-hours trading  —  Amazon misses estimates  —  Amazon reported quarterly earnings and revenue that missed analysts' expectations on Thursday.  —  The company posted third-quarter …
Josh Constine / TechCrunch:
Facebook Launches Pseudonymous App “Rooms” That Lets You Create Forums About Any Topic  —  It's not quite anonymous, but forums standalone app Rooms is Facebook's first product that allows you to ditch your real name.  Rooms lets you set up a mobile-only in-app discussion space about any topic …
Kurt Wagner / Re/code:
Ello raises $5.5M round led by Foundry Group; investors and founders commit to ad free mission and convert Ello to a public benefit corporation  —  Ello Raises $5.5 Million to Grow Its Ad-Free Social Network  —  Ello, the ad-free social network that promises users it will never sell their data …
Bloomberg:
Christian Bale to play Steve Jobs in Aaron Sorkin's film, which will begin shooting in the next couple of months  —  Christian Bale Didn't Have to Audition for Jobs Film Role  —  Actor Christian Bale didn't have to audition for the role of Steve Jobs in the coming biopic of the Apple Inc. …
Matthew Miller / Reuters:
Apple CEO says to add 25 stores in China within two years: Sina  —  Apple CEO Tim Cook holds a new iPad after a presentation at Apple headquarters in Cupertino, California October 16, 2014.  —  (Reuters) - Apple Inc Chief Executive Tim Cook said the company is planning to open 25 retail stores …
Roger Cheng / CNET:
Sprint undercuts AT&T, Verizon with $20, 1GB family data plan  —  At $20, Sprint is offering twice as much data as Verizon and more than three times the data as AT&T.  —  The wireless wars over family plans continue, with Sprint once against taking it up a notch.
Joseph Bernstein / BuzzFeed:
Gimbal's beacons installed on public property in Chicago and LA without public oversight  —  Hidden “Beacons” Were Also Installed In L.A. And Chicago  —  A BuzzFeed News investigation reveals the quiet spread of Gimbal Inc.'s phone-tracking technology in some of America's largest cities.
Nick Summers / The Next Web:
Mozilla's Webmaker app will make it easy for anyone to create Web apps on their smartphone  —  Mozilla is working on an app for Android, iOS and Firefox OS that gives smartphone users the ability to easily create and share Web apps.  —  It's called Webmaker, after the initiative that Mozilla created to promote Web literacy.

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From Mediagazer

Elle Griffin / The Elysian:
Penguin vs. DOJ transcripts: top publishing houses spend most of their money on book advances for big celebrities like Britney Spears and franchise authors

Amy Graff / SFGATE:
KQED, a Bay Area NPR and PBS affiliate, is initiating buyouts, and may have layoffs or a hiring freeze; in 2023, revenue hit $90.4M and expenses $100.9M

Sara Fischer / Axios:
Puck hires veteran journalist and TV commentator John Heilemann as its chief political columnist and partner, as the outlet expands its presence in Washington

More News

Earlier Picks

Marcus Wohlsen / Wired:
Mark Zuckerberg gives 30-minute public interview in Chinese at Tsinghua University
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