Techmeme
January 27, 2016, 12:00 PM

Top News

Apple:
Apple Reports Record First Quarter Results  —  CUPERTINO, California — January 26, 2016 — Apple® today announced financial results for its fiscal 2016 first quarter ended December 26, 2015.  The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share.
Joe Rossignol / MacRumors:
Apple says it now has over 1B active devices worldwide, up 25% year-over-year  —  Apple Now Has Over 1 Billion Active Devices Worldwide  —  Apple has announced that its active installed base of devices has reached 1 billion, based on the number of iPhone, iPad, Mac, iPod touch …
Daisuke Wakabayashi / Wall Street Journal:
Apple says it sold 74.8M iPhones, up less than 1% year-over-year, the slowest growth pace ever  —  Apple Reports Slowing Growth in iPhone Sales  —  Company sees revenue in current quarter declining at the steepest rate in 15 years  —  Apple Inc. said iPhone sales grew at the slowest pace since …
Adam Satariano / Bloomberg Business:
Shira Ovide / Bloomberg Business:
Twitter's revenue growth rate better than almost every company that had $2B in sales over the past year  —  Changing the Twitter Conversation  —  Shira Ovide is a Bloomberg Gadfly columnist covering technology.  She previously was a reporter for the Wall Street Journal.
Kurt Wagner / Re/code:
Sources: Twitter's former VP of product Kevin Weil joins Instagram as product head  —  Former Twitter Product Head Kevin Weil Is Joining Instagram  —  Kevin Weil, Twitter's former VP of product who was among the group of executives who left the company over the weekend, has a new job: Head of Product at Facebook-owned Instagram.
Joseph Bernstein / BuzzFeed:
Apple says it's fixed an issue that caused its Safari browser on iOS and Mac OS X to crash when users typed into address bar  —  Apple Says It Has Fixed The Bug That Was Crashing Safari  —  Apple has fixed the bug that caused the Safari browser to crash on iPhones, iPads, and Macs around the world, BuzzFeed News has learned.
Tracey Lien / Los Angeles Times:
Lyft settles California lawsuit by paying $12.25M, without granting drivers employee status  —  Lyft settles worker misclassification lawsuit for $12.25 million  —  Lyft has settled a lawsuit over worker misclassification.  —  Lyft has settled a worker misclassification lawsuit for $12.25 million …
Tiernan Ray / Tech Trader Daily:
VMware beats slightly with $1.87B in revenue, up 10% YoY, confirms layoffs of 800, and appoints new CFO Zane Rowe from EMC  —  VMware Q4 Beats; Will Cut 800 Jobs; Appoints EMC CFO  —  Virtualization software pioneers VMware (VMW), which is in the process of being acquired …

Sponsor Posts

Microsoft:
Microsoft unveils new offerings to empower IT and drive digital transformation  —  Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen announce that Adobe is bringing its Marketing Cloud to Microsoft Azure …
Worldpay:
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Zoho:
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Cheddar:
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