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Techmeme
January 31, 2018, 1:30 PM
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Top News

Saheli Roy Choudhury / CNBC:
Samsung Electronics posts record Q4 profit of $14.15B driven by chip sales, while its mobile business saw a 3.2% YoY profit decline to ~$2.25B  —  - Samsung Electronics recorded an operating profit of about $14.15 billion for the December quarter — in line with guidance.
Jon Russell / TechCrunch:
Samsung confirms it is manufacturing ASIC chips, which are used to mine cryptocurrencies; the ASIC industry is dominated by China's Bitmain and Canaan Creative  —  Fresh from toppling Intel as the planet's biggest seller of chipsets, Samsung has confirmed that it has begun manufacturing ASIC chips …
Janko Roettgers / Variety:
Spotify is testing a separate Pandora-style music app called “Stations” on Android in Australia  —  Music streaming service Spotify released a new Android app that's all about free music Tuesday.  The app, dubbed Stations, lets users stream curated music stations without …
Megan Rose Dickey / TechCrunch:
Uber partners with JUMP to begin piloting a bike-sharing service called Uber Bike in San Francisco starting next week  —  Uber is launching a bike-sharing service next week in partnership with JUMP, a startup that recently received the first and only permit to operate dockless bike-sharing in San Francisco.
Arjun Kharpal / CNBC:
Nintendo beats expectations with Q3 revenue of $4.44B, up 177% YoY, profit of $1.07B, up 261% YoY, and raises annual Switch sales forecast to 15M units from 14M  —  - The Japanese gaming giant raised its sales forecast for the Nintendo Switch from 14 million to 15 million to the end of March 2018.
Becky Peterson / Business Insider:
Dustin Moskovitz's productivity startup Asana raises $75M Series D led by Al Gore's Generation Investment Management; sources say at a $900M valuation  —  - The collaboration and productivity application company Asana raised $75 million in a series D, the company announced Tuesday.
Sarah Perez / TechCrunch:
Game broadcasting platform Caffeine, founded by two ex-Apple designers, raised $46M across two rounds led by Greylock in 2016 and a16z in 2017  —  A team of ex-Apple engineers and execs is taking on Amazon-owned Twitch and Google's YouTube Gaming with today's official launch of a new social broadcasting platform, Caffeine.
Jon Russell / TechCrunch:
SoftBank buys a 51% stake in Line's MVNO service in Japan, which allows unlimited data for Line services and social sites like Facebook, Twitter, and Instagram  —  SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service.
Pavel Alpeyev / Bloomberg:
Line Corp., creator of Japan's biggest messaging app, is expanding into cryptocurrency trading, insurance, and other financial services  —  Japan's biggest messenger creates a financial holdings company  —  Line applied for cryptocurrency exchange license in Japan
Salvador Rodriguez / Reuters:
Slack CEO Stewart Butterfield says its Enterprise Grid service, launched one year ago, has 150+ customers  —  SAN FRANCISCO (Reuters) - Slack Technologies Inc now has more than 150 customers using the enterprise version of its workplace collaboration software, Chief Executive Stewart Butterfield told Reuters.
Thanks:@sal19
Bloomberg:
Fujifilm buys control of Xerox to form an $18B company, marking an end to the iconic American giant's independence  —  Joint venture to eliminate 10,000 jobs globally in revamp  —  Deal will end independence of U.S. firm formed in early 1900s  —  Fujifilm Holdings Corp. is buying control …
Sarah Perez / TechCrunch:
Amazon rolls out SMS messaging feature for Alexa devices that lets users send text messages via voice, currently only available to Android users in US  —  Amazon announced today it's launching a new messaging feature for Alexa devices in the U.S. that will allow you to send texts - yes …
Kyle Stock / Bloomberg:
Nuro exits stealth after unveiling an autonomous delivery vehicle prototype, has raised $92M from investors including Banyan Capital and Greylock Partners  —  A secretive startup has unveiled its new grocery-getter, one of many automakers that are leaving people out of the equation.
Emil Protalinski / VentureBeat:
Google says it removed 700,000+ apps from the Play Store last year for policy violations, up 70% YoY, credits new machine learning techniques for the increase  —  Google today shared details of Google Play's efforts to protect Android users with its teams of engineers, policy experts …
Ingrid Lunden / TechCrunch:
Big data business intelligence startup Trifacta raises $48M Series D from investors including Google, Ericsson, Accel, and others  —  Trifacta, a big-data startup that is building tools to help businesses structure and analyse data that gets generated in their networks through customer interactions …
Red Hat:
Red Hat to acquire Kubernetes and containers startup CoreOS for $250M  —  With CoreOS, Red Hat doubles down on technology to help customers build, run and manage containerized applications in hybrid and multicloud environments  —  Red Hat, Inc. (NYSE: RHT), the world's leading provider …

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From Mediagazer

Isabella Simonetti / Wall Street Journal:
Sources: Vanity Fair and Olivia Nuzzi have agreed to part ways following new allegations about her affair with RFK Jr. and her behavior while reporting on him

Alexandra Steigrad / New York Post:
Sources: Forbes has cut ties with dozens of contributing writers; one exec said Forbes needs to ensure the contributor model is “financially sound”

Liam Scott / Columbia Journalism Review:
A look at the First Amendment Watch's SLAPP Back Initiative, a US SLAPP tracker; in 2024, 69 of 500 cases involved the media, of which 46 were dismissed

More News

Daisuke Wakabayashi / New York Times:
As jury selection begins in Waymo-Uber trial, a rundown of both sides' core arguments on trade secrets, R&D, Anthony Levandowski's role, and more

Earlier Picks

Jeff Teper / Microsoft Tech Community:
Microsoft updates iOS Office apps with real-time co-authoring, iPad drag and drop support, universal link support, and OneDrive support for the iOS Files app
Kurt Wagner / Recode:
Facebook says it's banning all ads for cryptocurrencies, ICOs, and binary options to avoid “misleading or deceptive promotional practices”
Matthew Leising / Bloomberg:
Source: US regulators subpoenaed Bitfinex and subsidiary Tether amid doubts that Tether's USDT, which the firm says is pegged to USD, has sufficient reserves
Bloomberg:
Sources: US DoJ and SEC are investigating whether Apple violated securities laws concerning its disclosures about update that slowed iPhones with old batteries
Josh Constine / TechCrunch:
Snap debuts new styles for its Bitmoji called Bitmoji Deluxe, now offers 40 skin tones, up from 25, twice as many hair colors, and 50 hair treatment options
Jeff Cox / CNBC:
Amazon, Berkshire Hathaway, and JPMorgan Chase partner to cut employee healthcare costs, will create a company targeting healthcare technology solutions
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