Techmeme: Amazon.com Announces First Quarter Sales up 23% to $19.74 Billion (Amazon)

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April 24, 2014, 5:30 PM

Top News

Moves:

Moves joins Facebook, will continue as standalone app, will not “commingle data with Facebook” — Moves joins Facebook! — 24 April 2014 - Today, we're delighted to announce that Facebook has acquired our company and the Moves app. Since we launched Moves …

Reed Albergotti / Wall Street Journal:

Facebook buys Helsinki-based ProtoGeo Oy, maker of popular fitness tracking app Moves — With App Acquisition, Facebook Enters Fitness Tracking Market — Facebook is leaping into the fitness tracking market by buying a Helsinki-based maker of a mobile app that can track users …

More: Associated Press, Agence France-Presse, Mashable, PC World, Engadget, MacRumors, The Technology Chronicles, TechHive, ArcticStartup and ABC News

Tweets: @dannysullivan, @wsjd, @bigdata and @teroterotero

Re/code:

Google+ head Vic Gundotra to leave company after 8 years, with VP of engineering David Besbris replacing him — Google+ Head Vic Gundotra Leaving Company — Vic Gundotra, who aggressively led Google into the social world with the creation of Google+, is leaving the company.

Tom Wheeler / Official FCC Blog:

FCC chairman to have net neutrality “enforceable rules” by the end of the year, mandate that ISPs “not act in a commercially unreasonable manner” — Setting the Record Straight on the FCC's Open Internet Rules — There has been a great deal of misinformation …

More: New Yorker, Gigaom, Techdirt, USA Today, Re/code, New York Times, PC Magazine, The Register, eWeek, Computerworld, TechCrunch, Business Insider, TIME, CNET, VentureBeat, ZDNet, GamePolitics blogs, Salon, RT, Guardian, Quartz, Reuters and Mashable

Tweets: @brendansasso, @laughingstoic, @jeffjarvis, @samgustin, @amy_schatz, @jbrodkin, @samgustin, @samgustin, @om, @ceciliakang, @techmss, @jamesrbuk, @lanceulanoff, @jeffjarvis and @barrett

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Stacey Higginbotham / Gigaom:

The FCC doesn't want to destroy net neutrality, but it's going to anyway — The Federal Communications Commission doesn't want companies like Netflix or Viacom to have to pay to get their content to end users of broadband networks, but it doesn't see a way (or maybe even a reason) to ban the practice.

More: TelecompetitorTelecompetitor. Tweets: @bfeld and @jank0

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Chris Welch / The Verge:

FCC fails to clarify new net neutrality plans

More: Business Insider, New York Times and PandoDaily. Tweets: @samgustin

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Jon Brodkin / Ars Technica:

Washington's revolving door: Cellular lobby and FCC have traded leaders

More: DSLreports, Inquirer, TechSpot, Techdirt and isen.blog

Daisuke Wakabayashi / Wall Street Journal:

Tim Cook: nobody's figured out mobile payments yet, and Apple won't rush out new products — Apple's Cook on New Products: ‘Take the Time to Get It Right’ — Tim Cook, Apple's chief executive, said its strong fiscal second-quarter might silence chatter that the company is in decline.

More: The Verge, Re/code, Forbes, Techvibes Global News, AppleInsider, TUAW, Ubergizmo, Pocketnow, 9to5Mac, DisplayBlog, TechnoBuffalo and iPhone in Canada Blog

Tweets: @flyosity and @fmanjoo

Microsoft:

Earnings Release FY14 Q3 — Microsoft Cloud Momentum Helps Drive Third-Quarter Results—Revenue growth across segments and cost discipline drive earnings per share of $0.68.—Microsoft Corp. today announced revenue of $20.40 billion for the quarter ended March 31, 2014.

More: The Verge, Re/code, ZDNet, VentureBeat, GeekWire, Business Insider, CITEworld, Tech Trader Daily, Bloomberg and WebProNews

Tweets: @dinabass and @wario64

Alex Wilhelm / TechCrunch:

Microsoft's FQ3 Earnings Beat With Revenue Of $20.40B, EPS Of $0.68, Surface Top Line Of $500 Million

More: VentureBeat

Amazon:

Amazon.com Announces First Quarter Sales up 23% to $19.74 Billion — Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its first quarter ended March 31, 2014. — Operating cash flow increased 26% to $5.35 billion for the trailing twelve months, compared with $4.25 billion …

More: ZDNet, Wall Street Journal, Re/code, Gigaom, Business Insider, Bloomberg, Quartz, Wall Street Journal, Reuters, WebProNews and TechnoBuffalo

Tweets: @gregbensinger and @curtwoodward

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Blair Hanley Frank / GeekWire:

Amazon reports $19.7B in quarterly revenue, earnings in line with expectations at 23 cents a share — Amazon reported today that it made in $19.74 billion in revenue during the first quarter of 2014, up almost 23 percent from almost $16.1 billion in the year-ago quarter.

More: Digital Book World

Andy Mitchell / Facebook:

Facebook partners with Storyful to launch FB Newswire: Facebook and Twitter feeds of newsworthy Facebook content — Announcing FB Newswire, Powered by Storyful — Every day, news is made on Facebook. More than one billion people use our platform to discover, explore and participate in news-making events around the world.

Wall Street Journal:

Amazon accelerates plans for its own delivery network, following last winter's shipping woes — Amazon Tests Its Own Delivery Network — Alternative to FedEx, UPS Could Deliver Goods the Same Day They Are Purchased — The future of Amazon.com Inc. is hiding in plain sight in a San Francisco parking lot.

More: Engadget, The Verge, TechCrunch, Ubergizmo and Business Insider

Tweets: @murraymatt and @gregbensinger

Natasha Lomas / TechCrunch:

Rumoured Microsoft Surface Mini Tablet Crops Up In Amazon Listings — Although it hasn't happened yet, it's clearly only a matter of time before Microsoft officially unboxes a smaller form-factor version of its Surface tablet. A Surface Mini has been rumoured for well over a year …

More: ZDNet, BGR, Computerworld, PC Magazine, TechnoBuffalo, The Tech Report and Gotta Be Mobile

Mark Mazzetti / New York Times:

Ex-Anonymous hacker Sabu launched cyberattacks on Iran, Syria, Brazil, and Pakistan while an FBI informant — F.B.I. Informant Is Tied to Cyberattacks Abroad — WASHINGTON — An informant working for the F.B.I. coordinated a 2012 campaign of hundreds of cyberattacks on foreign websites …

More: Ars Technica and The Register. Tweets: @nb_chris, @dangillmor, @antloewenstein, @ashk4n, @jason_healey, @jpbarlow and @mattblaze

Dan Levine / Reuters:

Apple, Google agree to settle lawsuit alleging hiring conspiracy — (Reuters) - Four major tech companies including Apple and Google have agreed to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, just weeks before a high profile trial had been scheduled to begin.

More: Mercury News, AppleInsider, 9to5Google, Computerworld, BGR, MacRumors, iMore, VentureBeat and Electronista

Tweets: @harrisonweber and @dangillmor

Jon Brodkin / Ars Technica:

Intel, Microsoft, Facebook, Google, others pledge $3.9M for open source projects to avoid the next HeartBleed — Tech giants, chastened by Heartbleed, finally agree to fund OpenSSL — IBM, Intel, Microsoft, Facebook, Google, and others pledge millions to open source.

Nate Swanner / Android Community:

No, Google Glass is not available for everyone — A few news articles are touting that Google Glass is available to all today, effectively ending the Explorer beta program and opening up the world of Glass to anyone. Clicking a specific link gave access to the Glass order page from their April 15 sale …

More: TechCrunch, SiliconBeat and 9to5Google. Thanks:@robertnelson

Matt McGee / Glass Almanac:

Google Releases XE 16.11, Offers To Replace Bricked Glass Units

More: Engadget, Ars Technica, Gigaom, iMore, TechHive, Ben Lang - Google+ and IntoMobile

Matthew Panzarino / TechCrunch:

Internet Glue Service IFTTT Launches On Android With Deeper Integration Than iOS — The Internet connection and automation service IFTTT is launching on Android today, and it offers a deeper set of integrations with the OS than their iOS offering. This, of course, is due to Android's …

More: The Verge, Engadget, 9to5Google, Android Community, The Next Web and The Droid Guy

Ryan Lawler / TechCrunch:

Lyft Launches In 24 New Markets, Cuts Fares By Another 10% — On-demand ride-sharing startup Lyft is expanding aggressively in the U.S., announcing the launch of service in 24 new markets today. Along with the expansion, Lyft company will be offering free rides to new users in all launch markets …

More: Gigaom, Lyft Blog, PC Magazine, Computerworld, GeekWire, Engadget, VentureBeat and Business Insider. Thanks:@ryanlawler

Jeff John Roberts / Gigaom:

Updated: A debit card for bitcoin: Xapo could solve the payment problem with help from banks — Until now, there has been no easy way for people to use bitcoin for everyday transactions. Xapo has solved that by using MasterCard's payment network. — This story was updated at 9:52am PT …

More: Xapo Blog, The Technology Chronicles, TechCrunch, Computerworld, Wired, Ubergizmo and Wall Street Journal

Jonathan Shieber / TechCrunch:

ShopKeep's Point Of Sale Software Rings Up $25 Million — With its latest $25 million financing, ShopKeep POS has come a long way from being the cobbled together point of sale software service for a single wine shop in Brooklyn's leafy Ft. Greene neighborhood.

More: VentureBeat, Re/code, Gigaom and Mashable. Tweets: @mattstraz

Ken Florance / Netflix US & Canada Blog:

Netflix cites control over access to customers over last mile in opposing Comcast-TWC merger — The Case Against ISP Tolls — As the person at Netflix responsible for content delivery, I spend a lot of time thinking about Netflix's Open Connect CDN and its interconnection with ISPs.

More: The Verge. Tweets: @pkafka, @jyarow, @mathewi and @xpangler

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Janko Roettgers / Gigaom:

Hulu adds Chromecast-like mobile remote control features to Xbox One, PS3 and PS4 — Hulu is the latest company to go all-out on Chromecast-like multiscreen features: Hulu Plus subscribers can now access the video service through their Android and iOS devices on Microsoft's Xbox One as well as Sony's PS3 and PS4.

More: Hulu Blog, The Next Web, 9to5Mac, 9to5Google, Digital Trends, GeekWire, TechCrunch, BetaNews, iMore, Engadget and Liliputing

Andy Greenberg / Wired:

Feds Beg Supreme Court to Let Them Search Phones Without a Warrant — American law enforcement has long advocated for universal “kill switches” in cellphones to cut down on mobile device thefts. Now the Department of Justice argues that the same remote locking and data-wiping technology represents …

More: Business Insider and Washington Post

Spencer E. Ante / Wall Street Journal:

IntraLinks Beats Out Box to Acquire DocTrackr — IntraLinks Holdings has acquired document rights management startup DocTrackr in a contested deal that highlights growing competition in the market for online collaboration software. — The deal was for $10 million in cash …

More: Gigaom, TechCrunch, Forbes and eWeek

Joan E. Solsman / CNET:

Pandora reports Q1 loss, guidance hits sour note again — The Internet's biggest radio service reported a better-than-predicted loss in the first quarter, but guidance — damped by investments in its advertising abilities — stoked investors to sell. — The NYSE when Pandora went public

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