Techmeme
February 11, 2016, 6:10 AM

Top News

Twitter:
Twitter Q4 revenue up 48% YoY to $710M, company lowers revenue guidance for Q1 to between $595M and $610M  —  Twitter Q4 and Fiscal Year 2015 Shareholder Letter  —  SAN FRANCISCO, CALIFORNIA February 10, 2016 Dear Shareholders, As we announced last week, we're taking a new approach to our earnings announcements.
Farhad Manjoo / New York Times:
Twitter's problem isn't that it stopped growing; it's that people expect it to keep growing  —  Twitter, to Save Itself, Must Scale Back World-Swallowing Ambitions  —  Twitter is the world's most important social network.  —  That might sound like the ravings of an addict …
TechCrunch:
Twitter reports 320M total MAUs, no change from previous quarter, but MAUs excluding SMS fast followers declined to 305M in Q4 from 307M in Q3  —  Twitter's User Growth Goes Nowhere As It Meets Revenue Expectations Of $710M  —  Twitter today reported its fourth-quarter earnings …
Mark Zuckerberg / Facebook:
Mark Zuckerberg says Marc Andreessen's comments are “deeply upsetting” and do not represent thinking of Facebook or himself  —  I want to respond to Marc Andreessen's comments about India yesterday.  I found the comments deeply upsetting, and they do not represent the way Facebook or I think at all.
Kurt Wagner / Re/code:
Evan Blass / VentureBeat:
Alcatel OneTouch Idol 4S packaging will double as VR goggles  —  EXCLUSIVE:  —  For the fifth largest cellphone brand in North America — up from 13th as recently as 2014 — Alcatel OneTouch isn't nearly the household name that competitors Huawei and ZTE have become.
Sarah Perez / TechCrunch:
HBO Now has 800K paying subscribers 10 months after launch, short of predicted 1-2M subs  —  HBO NOW, The Network's Streaming Service For Cord Cutters, Has Just 800,000 Subscribers  —  HBO NOW may have scored as one of last year's top streaming apps in terms of revenue …
Kasper Viita / Bloomberg Business:
App Annie report: cheap smartphones to propel app spending to $101B in 5 years, as userbase of smartphones and tablets slated to hit 6.2B by 2020, up from 2.6B  —  Cheap Smartphones to Propel App Spending Past $100 Billion  —  Mobile app store spending set to more than double by 2020
 

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