Techmeme
February 9, 2017, 3:35 PM

Top News

Lara O'Reilly / Business Insider:
Twitter reports Q4 revenue of $717M, missing estimates, but beats on earnings; MAUs grew 2M from Q3 2016, reaching 319M  —  Twitter missed analysts' expectations for its fourth-quarter revenue — reporting $717 million versus estimates of $740 million — as advertising spend lagged behind …
Brett Molina / USA Today:
Twitter shares fall over 11% due to Q4 revenue miss, flat growth, weak Q1 guidance, and a 5% YoY drop in US ad revenue  —  So much for the “Trump bump.”  —  Twitter missed on revenue during the fourth quarter, according to results released Thursday, as the social media service struggles …
William Alden / BuzzFeed:
Memo: Zenefits is laying off 430 employees, or about 45% of its staff, including 250 from its San Francisco office, as it expands workforces in Canada and India  —  Zenefits will lay off 45% of its employees in an effort to slash costs, according to an internal memo this morning that was obtained …
Stephen Witt / Billboard:
Interview with Jeff Bezos and Steve Boom, VP of Amazon Music, about the music industry, Echo and Alexa's place in it, more  —  Amazon founder Jeff Bezos would make almost any list of the world's most powerful people.  In retail, he's clearly on top, and in tech, he's close to it.
Andrew Liptak / The Verge:
Facebook hires MTV executive Mina Lefevre as head of development, overseeing scripted and unscripted content  —  Mina Lefevre had been the head of scripted for MTV  —  Facebook has been working to make video a central part of how its users experience the site, first with Facebook Live …
Bryan Clark / The Next Web:
Google gives devs until March 15 to provide a valid privacy policy for apps or risk administrative action including removal of apps from the Play Store  —  Over the last 24 hours, Google has been sending notices to developers worldwide stating its intention to “limit visibility” …
Kurt Wagner / Recode:
Filing: Snap has a $1B agreement with Amazon Web Services to use its services alongside Google's; minimum 2017 spend is $50M, rising to $350M by 2021  —  Snap disclosed the deal in a revised version of its S-1 made public Thursday.  —  It turns out that Google isn't the only company Snap …
Marcus Ash / Windows Blog:
Microsoft's Cortana will now suggest reminders based on content of emails, available now on Windows 10 and iOS, Android in the coming weeks  —  Cortana* already gives you reminders for people, places and times, and helps you make and manage to-do lists so you don't forget a thing.
Sarah Perez / TechCrunch:
Twitch launches Communities in beta, catering to hundreds of non-gaming interests and topics, available now  —  Twitch's push to broaden the scope of its video game streaming site to include more types of content continues today with the launch of a new section on its site called “Communities.”

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