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October 23, 2014, 5:40 PM
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Microsoft:
Microsoft Cloud Strength and Hardware Progress Drive Record First-Quarter Revenue  —  Strong performance across commercial and consumer segments delivers revenue of $23.20 billion.  — REDMOND, Wash. — October 23, 2014 — Microsoft Corp. today announced revenue of $23.20 billion for the quarter ended September 30, 2014.
Alex Wilhelm / TechCrunch:
Microsoft Up 3% After Reporting Better Than Expected FQ1 Revenue Of $23.20B, EPS Of $0.54  —  After gaining more than 1 percent in regular trading, Microsoft reported its fiscal first quarter 2015 earnings: Revenue totaled $23.20 billion in the period, leading to profits of $0.54 per share.
Josh Constine / TechCrunch:
Facebook Launches Pseudonymous App “Rooms” That Lets You Create Forums About Any Topic  —  It's not quite anonymous, but forums standalone app Rooms is Facebook's first product that allows you to ditch your real name.  Rooms lets you set up a mobile-only in-app discussion space about any topic …
Amazon.com:
Amazon.com Announces Third Quarter Sales up 20% to $20.58 Billion  —  Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its third quarter ended September 30, 2014.  —  Operating cash flow increased 15% to $5.71 billion for the trailing twelve months …
Everett Rosenfeld / CNBC:
Amazon misses with loss of $0.95/share, reports 20% higher YoY Q3 revenues of $20.58B, loses 11% in after-hours trading  —  Amazon misses estimates  —  Amazon reported quarterly earnings and revenue that missed analysts' expectations on Thursday.  —  The company posted third-quarter …
Kurt Wagner / Re/code:
Ello raises $5.5M round led by Foundry Group; investors and founders commit to ad free mission and convert Ello to a public benefit corporation  —  Ello Raises $5.5 Million to Grow Its Ad-Free Social Network  —  Ello, the ad-free social network that promises users it will never sell their data …
Bloomberg:
Christian Bale to play Steve Jobs in Aaron Sorkin's film, which will begin shooting in the next couple of months  —  Christian Bale Didn't Have to Audition for Jobs Film Role  —  Actor Christian Bale didn't have to audition for the role of Steve Jobs in the coming biopic of the Apple Inc. …
Matthew Miller / Reuters:
Apple CEO says to add 25 stores in China within two years: Sina  —  Apple CEO Tim Cook holds a new iPad after a presentation at Apple headquarters in Cupertino, California October 16, 2014.  —  (Reuters) - Apple Inc Chief Executive Tim Cook said the company is planning to open 25 retail stores …
Roger Cheng / CNET:
Sprint undercuts AT&T, Verizon with $20, 1GB family data plan  —  At $20, Sprint is offering twice as much data as Verizon and more than three times the data as AT&T.  —  The wireless wars over family plans continue, with Sprint once against taking it up a notch.
David Meyer / Gigaom:
AWS comes to Germany as Amazon unveils second EU region, out of Frankfurt  —  The move has big implications for latency and resilience, and of course data protection — a particular concern for German businesses.  —  Amazon has launched its long-awaited German-based region - its second in Europe …
Nick Summers / The Next Web:
Mozilla's Webmaker app will make it easy for anyone to create Web apps on their smartphone  —  Mozilla is working on an app for Android, iOS and Firefox OS that gives smartphone users the ability to easily create and share Web apps.  —  It's called Webmaker, after the initiative that Mozilla created to promote Web literacy.
Joseph Bernstein / BuzzFeed:
Gimbal's beacons installed on public property in Chicago and LA without public oversight  —  Hidden “Beacons” Were Also Installed In L.A. And Chicago  —  A BuzzFeed News investigation reveals the quiet spread of Gimbal Inc.'s phone-tracking technology in some of America's largest cities.
Joan E. Solsman / CNET:
Pandora Q3 earnings beat estimates, with revenue of $239.6M and earnings of $.09 cents/share despite slower listener growth  —  Pandora Q3 profit climbs, despite slower listener growth  —  The Web's biggest streaming-music service delivers a respectable increase in profit, sales and its expectations for both to come.
Ingrid Lunden / TechCrunch:
Google's DeepMind Acqui-Hires Two AI Teams In The UK, Partners With Oxford  —  Earlier this year Google acquired DeepMind in the UK to expand the work that it is doing in artificial intelligence, and today the company announced that it is making some more significant moves to build this out even further.
Sarah Frier / Bloomberg:
Twitter's new Fabric SDK extends the company's reach in China, is already being used by Alibaba and Baidu  —  Twitter's Developer Tools Put Company Deeper Into China  —  Twitter Inc. (TWTR) is finding new ways to get into China, where its microblogging service is blocked.

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From Mediagazer

Nellie Andreeva / Deadline:
Sources: Disney is selling its 50% stake in A+E Global Media to co-owner Hearst Communications in a deal believed to be all in cash and worth north of $1B

Minho Kim / New York Times:
Sarah B. Rogers, Trump's nominee to lead USAGM, says she would reinstate some agency employees; if confirmed, she would still serve in the State Department

Gene Maddaus / Variety:
Swiss film producer Simon Afram sues Netflix for $105M, saying Netflix lost an unencrypted copy of a film starring Nicolas Cage that he spent $45M to produce

More News

Earlier Picks

Marcus Wohlsen / Wired:
Mark Zuckerberg gives 30-minute public interview in Chinese at Tsinghua University
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