Techmeme
January 21, 2015, 3:10 AM

Top News

Facebook:
Facebook to reduce distribution of deliberately false or misleading posts in News Feed, characterized by hoax-busting comments and high removal rate by sharers  —  News Feed FYI: Showing Fewer Hoaxes  —  The goal of News Feed is to catch up with your friends and find the things that matter to you.
Peter Kafka / Re/code:
Netflix Q4 earnings beat estimates with $1.48B in revenue and $0.75 EPS; now has 39.11M US subscribers and 18.28M more globally  —  Netflix Says Its Subscribers Love the Shows It Makes — So It's Going to Make a Lot More  —  A quick look at Netflix's Q4 numbers: $1.48 billion and earnings …
Mary Jo Foley / ZDNet:
First Windows 10 mobile preview, due in February, key to Microsoft's OneCore vision  —  Summary:Microsoft will show off Windows 10 mobile and touch-first Office for Windows at its January 21 Windows 10 event, but the first mobile preview isn't likely until February.
Bloomberg:
Samsung Said to Drop Qualcomm Chip From Next Galaxy Smartphone  —  Samsung Electronics Co. (005930) will use its own microprocessors in the next version of the Galaxy S smartphone, dropping its use of a Qualcomm Inc. (QCOM) chip that overheated during the Korean company's testing, people with direct knowledge of the matter said.
Tweets: @puiwingtam
Alan Yuhas / Guardian:
White House breaks own State of the Union embargo for online audience  —  Obama administration posts full text of president's speech before its own media embargo in unprecedented decision targeting internet-savvy readers  —  The White House posted the entire text of President Obama's 2015 State …
Darrell Etherington / TechCrunch:
SpaceX confirms $1B funding round, with participation from Google and Fidelity  —  SpaceX Raises $1 Billion In New Funding From Google And Fidelity  —  SpaceX, the space exploration startup helmed by ex-PayPal founder Elon Musk, has confirmed that it has raised $1 billion in new funding …
Emil Protalinski / VentureBeat:
Chrome 40 for iOS arrives with Material Design, Handoff support to your default browser on OS X  —  Google today released Chrome 40 for iOS.  You can download the new version now directly from Apple's App Store.  —  The first change you'll notice in version 40.0.2214.61 is the implementation of Google's Material Design mantra.
Alex Ben Block / Hollywood Reporter:
Overstock.com to launch video on demand and video streaming services in mid 2015  —  Overstock.com Taking On Amazon With VOD, Streaming Services  —  MIAMI BEACH — Overstock.com, which says it is second only to Amazon in retail sales on the web, plans to launch VOD and streaming services …
Bloomberg:
Shazam raises $30M at a valuation of over $1B, has over 100M monthly active mobile users  —  Shazam Music App Valued at More Than $1 Billion in New Funding  —  Shazam Entertainment Ltd. raised $30 million in a new financing that values the music-finding application at more than $1 billion.
Douglas MacMillan / Wall Street Journal:
Dropbox acquires Israel-based CloudOn, a developer of mobile productivity tools  —  Dropbox Dips Into Israel With CloudOn Buy  —  Acquisitive tech startup Dropbox just gobbled up another young app maker to bolster its European expansion.  —  The cloud-storage provider on Tuesday closed …
Kurt Wagner / Re/code:
Snapchat Revenue Boss Mike Randall Departs After Seven Months  —  Snapchat's revenue boss Mike Randall has left the company, seven months after joining the messaging startup.  —  Randall, who was hired away from Facebook in June 2014, departed last week.  —  “We thank Mike for his many contributions …

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