Techmeme
October 24, 2014, 5:15 AM

Top News

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.
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.”
Amazon.com:
Amazon.com Announces Third Quarter Sales up 20% to $20.58 Billion  —  Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2014.  —  Operating cash flow increased 15% to $5.71 billion for the trailing twelve months …
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 …
Tim Bradshaw / Financial Times:
Airbnb valued at $13B ahead of staff stock sale  —  Airbnb's valuation is set to rise to $13 billion, up from $10 billion earlier this year, as it prepares an employee stock sale, according to people familiar with its plans.  —  The valuation would make the accommodation site second …
Kurt Wagner / Re/code:
Ello raises $5.5M round led by Foundry Group; investors and founders commit to ad free mission  —  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, has raised $5.5 million in new venture funding, according to CEO Paul Budnitz.
Sam Colt / Business Insider:
Former Apple retail chief Ron Johnson launching Enjoy in 2015, has raised $30M to help consumers find products  —  The Genius Behind The Apple Store Wants To Help You Choose Your Next Gadget  —  Former J.C. Penny CEO and Apple retail chief Ron Johnson has a new startup that hopes to help …
Scott Austin / Wall Street Journal:
Study finds VC confidence in Silicon Valley declining for first time in two years  —  Venture Capitalists' Confidence Is Waning — or So It Seems … A quarterly survey that gauges the confidence level in Silicon Valley shows that venture capitalists downgraded their enthusiasm in the third quarter.
Jeff John Roberts / Gigaom:
Judge says Aereo must shut for good as live TV, but service may survive as a cloud DVR  —  Broadcasters put the final nail in the coffin of Aereo as a live-streaming TV service on Thursday, but a judge's ruling could open the door to it operating as a cloud-DVR service.
Liz Gannes / Re/code:
Shuddle, an Uber for kids with childcare pros as drivers, launches today, has raised $2.6M, founded by Sidecar co-founder Nick Allen  —  Shuddle Is an Uber for Kids Driven by Childcare Pros  —  Shuddle, a new service for parents to arrange paid rides for their children, launches today.
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