Techmeme

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Re/code:
Google hires former Motorola CEO Rick Osterloh to head new hardware division that includes Nexus, Chromecast, Chromebooks, Pixel C, OnHub, ATAP, and Glass   —  Google is building a new hardware division under former Motorola chief Rick Osterloh  —  Rick Osterloh is coming back to Google.
Apr 28, 2016, 2:35 PMIn context
Jason Del Rey / Re/code:
Shopify announces Shopify Capital, a program that lets eligible merchants get cash advances, following in the footsteps of PayPal and Square   —  It feels like every tech company is offering cash advances.  Shopify is the latest.  —  If you're a tech company and you aren't getting …
Apr 27, 2016, 9:20 PMIn context
Peter Kafka / Re/code:
Twitter's user growth problems become ad revenue issue as firm struggles to compete with new products like Snapchat, lacks scale to take on Facebook, Google   —  Twitter is going to have a hard time fixing its ad problem  —  For the last couple of years, two things about the Twitter narrative …
Apr 27, 2016, 7:15 PMIn context
Kurt Wagner / Re/code:
Facebook reports Q1 revenue of $5.38B up from $3.54B last year, 79% comes from mobile ads; 1.65B MAUs, adding 60M from Q4; stock jumps over 8%   —  Facebook mobile ads now make up 79 percent of its business  —  Facebook is more mobile than ever.  Again.  —  The company reported …
Apr 27, 2016, 4:15 PMIn context
Johana Bhuiyan / Re/code:
Arianna Huffington joins Uber's board of directors   —  Arianna Huffington, the co-founder and editor in chief of the Huffington Post (and an Uber investor already), has joined Uber's board of directors, company CEO Travis Kalanick announced today.  —  As a director, Huffington is in the company …
Apr 27, 2016, 11:50 AMIn context
Ina Fried / Re/code:
AT&T meets expectations with $40.5B Q1 revenue, $3.8B in net income, is losing U-Verse customers faster than adding DirecTV subs; adds 1.8M wireless subscribers   —  AT&T adds 1.8 million U.S. wireless customers as sales top $40 billion  —  AT&T on Tuesday reported quarterly revenue …
Apr 26, 2016, 5:20 PMIn context
Dan Frommer / Re/code:
Analysts expect Apple to post its first quarterly year-over-year revenue decline today since 2003, down about 10% to $52B, driven by shrinking iPhone sales   —  Apple is about to post its first quarterly revenue decline since 2003  —  Apple's incredible growth streak is expected to officially come …
Apr 26, 2016, 9:30 AMIn context
Ina Fried / Re/code:
Microsoft, Google agree to stop complaining to regulators about each other   —  Microsoft and Google say they have recently reached an agreement under which they will drop pending regulatory complaints against one another across the globe.  The pair have also agreed that they will try …
Apr 22, 2016, 9:45 AMIn context
Peter Kafka / Re/code:
Medium raises $50M Series C led by Spark Capital, adds Ben Horowitz, Judy Estrin to board; source puts value at $600M, up from $400M in Sept when it raised $57M   —  Ev Williams's Medium raised $57 million in September — now it's raised another $50 million  —  You may have heard there's …
Apr 21, 2016, 6:55 PMIn context
Peter Kafka / Re/code:
A summary of Bill Gurley's big warning about Silicon Valley's big money troubles   —  We read Bill Gurley's big warning about Silicon Valley's big money troubles so you don't have to  —  Last night, Benchmark VC Bill Gurley posted a 5,700-word piece sounding the alarm about the state …
Apr 21, 2016, 12:25 PMIn context

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