Techmeme
October 24, 2014, 9:55 AM

Top News

Tiina Jaatinen / Conversations:
Nokia Lumia to become Microsoft Lumia, Nokia branding to continue on entry-level phones  —  Say hello to Microsoft Lumia  —  When we announced that the Nokia Devices & Services business would become part of Microsoft, we also shared that Lumia, our smartphone brand, would become part of the Microsoft family.
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.
Jason Del Rey / Re/code:
Amazon Takes $170 Million Writedown on Weak Fire Phone Sales  —  Amazon said in a conference call following the release of a disappointing third-quarter financial report that it would take a $170 million charge “primarily related to Fire phone inventory valuation and supplier commitment costs.”
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 …
Ina Fried / Re/code:
LG Gets Into the Smartphone Chip Game With Nuclun, an Eight-Core Processor  —  Korea's LG confirmed on Thursday night that it is indeed getting into the business of making its own mobile processors.  —  While most phone makers get their processors from companies such as Qualcomm and Nvidia …
Jeff John Roberts / Gigaom:
Judge says Aereo must shut for good as live TV, but service may survive as a cloud DVR  —  Broadcasters put the final nail in the coffin of Aereo as a live-streaming TV service on Thursday, but a judge's ruling could open the door to it operating as a cloud-DVR service.
Scott Gilbertson / Ars Technica:
Ten years of Ubuntu: How Linux's beloved newcomer became its criticized king  —  It may not be Superman, but Ubuntu has done wonders for Linux.  —  Nicolás Demarchi  —  In October of 2004, a new Linux distro appeared on the scene with a curious name—Ubuntu.
Tim Bradshaw / Financial Times:
Airbnb valued at $13B ahead of staff stock sale  —  Airbnb's valuation is set to rise to $13 billion, up from $10 billion earlier this year, as it prepares an employee stock sale, according to people familiar with its plans.  —  The valuation would make the accommodation site second …
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 …
Jeremy Kirk / PC World:
Microsoft discloses severe Office zero-day flaw, publishes quick fix  —  Microsoft has published a temporary fix for a new zero-day flaw that affects nearly all versions of Windows and is currently being exploited via PowerPoint.  —  The flaw affects all Windows releases except Windows Server 2003 …
Robert McMillan / Wired:
Ello becomes a Public Benefit Corp., prohibited by charter from using ads or selling user data  —  ‘Facebook Killer’ Ello Hatches Plan to Stay Ad-Free Forever  —  Upstart social network Ello took the internet by storm this past month, and a big part of its appeal lies with a promise that …
Kurt Wagner / Re/code:

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