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Techmeme
February 1, 2018, 1:00 PM
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Top News

Wall Street Journal:
Sources: Alphabet and state-owned oil giant Aramco are in talks to jointly build data centers and a large tech hub in Saudi Arabia  —  Saudi Arabia's state-owned oil giant and Google parent Alphabet Inc., two of the world's biggest companies, are in talks about jointly building …
David Katzmaier / CNET:
YouTube TV is now available on select Roku devices for $35/month; YouTube says the service is coming to Apple TV “very soon”  —  YouTube's $35-per-month alternative to cable TV is now on the most popular streaming platform.  —  Just in time for the big game, the Winter Olympics …
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
Richard Nieva / CNET:
Facebook reports Q4 revenue of $12.97B, vs $12.55B est., up 47% YoY; net income of $4.27B, up 20% YoY, despite $2.27B charge due to tax overhaul
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.
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  —  Update:Both Telegram iOS apps are now back on the App Store.  Original story follows below  —  The Telegram messaging apps appear …
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.
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 …
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?

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:00 PM ET, February 1, 2018.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Wall Street Journal:
Sources: the DOJ closed an investigation of Paramount's bid for WBD before career staffers who were concerned about the acquisition had an opportunity to object

Todd Spangler / Variety:
Netflix expands its iHeartMedia partnership to stream video episodes of podcasts from Martha Stewart and others; the episodes will no longer be on YouTube

Kerry Flynn / Axios:
Substack hires former Roku exec Dan Robbins as its first head of brand sponsorships, and launches Creator Kits for publishers interested in brand collaborations

More News

Earlier Picks

Roger Cheng / CNET:
AT&T reports Q4 revenue of $41.7B, vs. $41.8B last year, 4.1M total wireless net adds, and $19B net income, vs. $2.4B last year, boosted by tax reform benefit
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
Evelyn Cheng / CNBC:
Jack Dorsey says almost all Square Cash App users can now trade Bitcoin on the platform; service isn't available for users in NY, Georgia, Wyoming, Hawaii
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