Techmeme
February 1, 2018, 10:55 AM

Top News

Recode:
Facebook's daily active user base in the US and Canada fell for the first time ever in Q4, dropping to 184M from 185M in Q3  —  It was a small but negative change to daily active users in Facebook's most valuable market.  —  Here's a troubling data point if you're a Facebook investor …
Facebook:
Mark Zuckerberg says showing fewer viral videos reduced the total time people spent on Facebook by ~50M hours every day, as MAUs reach 2.13B, up 14% YoY  —  Facebook, Inc. (NASDAQ: FB) today reported financial results for the quarter and full year ended December 31, 2017.
Richard Nieva / CNET:
Natasha Lomas / TechCrunch:
Apple pulls Telegram apps from the App Store for inappropriate content; founder Durov expects both apps to return once protections are in place  —  The Telegram messaging apps appear to have breached Apple's App Store guidelines and are currently unavailable for download on iOS. 9to5Mac spotted …
Jason Del Rey / Recode:
eBay says it will stop using PayPal for its backend payments service by 2020, will work with Amsterdam-based Adyen instead; PayPal stock down 8%+  —  The shopping marketplace will instead begin working with Amsterdam-based Adyen.  —  One of the tech industry's most storied partnerships is coming to an end.
Julia Alexander / Polygon:
Nintendo confirms Switch Online will launch in September for $3.99/month and Mario Kart Tour will come to smartphones by March 2019  —  Company confirms Nintendo Switch Online launches this fall  —  Mario Kart Tour is the next Nintendo mobile game heading to smartphones.
Reuters:
India says it does not consider cryptocurrencies legal tender and will eliminate their use for payments, but would explore use of blockchain technology  —  NEW DELHI (Reuters) - India will move to stamp out use of cryptocurrencies, which it considers illegal, Finance Minister Arun Jaitley said on Thursday …
Nathaniel Popper / New York Times:
Concerns grow that Bitcoin's price is being propped up by Bitfinex, the widely-used and shadowy exchange subpoenaed in December by the US CFTC  —  A growing number of virtual currency investors are worried that the prices of Bitcoin and other digital tokens have been artificially propped …
Katherine Bindley / Wall Street Journal:
Instagram's Facebook-style recommendations and notifications and an uptick in the number of ads in feeds are making the service more annoying to use  —  Why does Instagram want to be so much like its big brother at a time when the pre-eminent social network is drawing so much criticism?
Sarah Frier / Bloomberg:
Microsoft Investor Relations:
Microsoft reports $28.92B in Q2 2018 revenue, up 12% YoY, net loss of $6.3B due to $13.8B charge related to tax overhaul  —  REDMOND, Wash. — January 31, 2018 — Microsoft Corp. today announced the following results for the quarter ended December 31, 2017:  · Revenue was $28.9 billion and increased 12%
Miranda Katz / Wired:
Podcasters first look at Apple's Podcast Analytics data shows listeners are highly engaged, with many listening to 80-90% of shows, and prefer longer formats  —  The public radio producer had started a podcast as a side project in early 2017, and the exploration of her experience …

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Featured Podcasts

Cheeky Pint:
Muse Wonder: Zuckerberg and Wang's $100B AI
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Lenny's Podcast:
Why every company now needs to think and operate like a lab team | Josh Woodward (Google Labs, Gemini, AI Studio)
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Big Technology Podcast:
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Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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The Upstarts Podcast:
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Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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More News

Roger Cheng / CNET:

Earlier Picks

Valentina Zarya / Fortune:
CNBC:
Evelyn Cheng / CNBC:
Paul Sawers / VentureBeat: