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October 23, 2014, 10:10 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.
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 …
Everett Rosenfeld / CNBC:
Amazon shares drop 13 percent on missed estimates  —  Amazon reported quarterly earnings and revenue that missed analysts' expectations on Thursday.  —  The company posted third-quarter a loss of 95 cents per share, compared to a loss of 9 cents per share in the year-earlier period.
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 …
Josh Constine / TechCrunch:
Q&A With Facebook's Josh Miller On Why His Rooms App Isn't Anonymous, It's The Early Web Reborn  —  Is Rooms the anonymous Facebook app people were expecting?  “No. Unequivocally No...because you cannot be anonymous in our app,” Josh Miller tells me.  The Branch founder turned Facebook product manager's …
More: CNET and Engadget.  Tweets: @gem_ray
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 …
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.
Agam Shah / PC World:
Google to build Play-like hardware store for Project Ara  —  Drawing inspiration from its Play Store, Google will create a hardware store in which users can buy and sell Lego-like hardware modules for the customizable Project Ara smartphone.  —  Project Ara is Google's upcoming build …
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.
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.
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.
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 …

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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.

From Mediagazer

Mia Sato / The Verge:
Memo: Gannett is adding AI-generated summaries to the top of some stories, with a disclaimer at the bottom; some USA Today stories already show the summaries

Steven Waldman / @stevenwaldman:
The California Senate Appropriations Committee approves a bill imposing fees on Alphabet, Meta, and Amazon to pay for local news through employment tax credits

Cade Metz / New York Times:
Two voice actors sue AI startup Lovo, saying it illegally used recordings of their voices to make audio clones without their permission; Lovo denies the claims

More News

Earlier Picks

Jason Del Rey / Re/code:
Etsy introduces Square-like credit card reader, which charges sellers 2.75% per transaction, available only to Etsy's Direct Checkout users
Bloomberg:
Christian Bale to play Steve Jobs in Aaron Sorkin's film, which will begin shooting in the next couple of months
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