Techmeme
February 5, 2015, 7:10 PM

Top News

Ruth Reader / VentureBeat:
Twitter beats Q4 revenue expectations with $479M, nets just 4M new monthly users  —  Twitter's users are still growing at a slow rate, but its revenue is booming.  —  Today, Twitter reported fourth quarter earnings for 2014, with revenue of $479 million on non-GAAP earnings per share (EPS) of $0.12.
Marlize van Romburgh / bizjournals:
Twitter shares jumped as much as 10.6% in after-hours trading despite slowing user growth  —  Twitter shares soar as revenue jumps despite slowing user growth  —  Twitter shares flew in after-hours trading as the company blew past fourth-quarter revenue expectations but reported slowing user growth.
Josh Constine / TechCrunch:
Twitter Q4 user count grew 1.4%, down from 4.8% in Q3, company blames bug in iOS 8 integration  —  Twitter Blames Slow User Growth On iOS 8 Bug, But Predicts Strong Q1 2015  —  Twitter's user count grew a measly 1.4% this quarter, down from 4.8% in Q3 2014, but CFO Anthony Noto said things are turning around.
More: The Verge and Gigaom
Corinne Gretler / Bloomberg Business:
Swatch to sell smartwatch within 3 months that will allow mobile payments, work with Windows and Android, use the internet “without having to be charged”  —  Swatch Plans Smartwatch to Compete With Apple Watch's Debut  —  Don't Miss Out —  (Bloomberg) — Swatch Group AG plans …
Nick Bilton / New York Times:
How Google Glass went from coveted gadget to punchline; device to be redesigned from scratch under Tony Fadell's leadership  —  Why Google Glass Broke  —  This is a story that involves lots of public intrigue, a futuristic wearable technology, a secret laboratory, fashion models …
Christopher Breen / Macworld:
A first look at Photos for OS X, Apple's iPhoto replacement, now available as a developer seed  —  First look: Photos for OS X brings easier navigation and more powerful editing  —  Last June, Apple announced that it would stop development of its Aperture and iPhoto apps and offer …
Julia Angwin / ProPublica:
Gnu Privacy Guard encryption software used by Snowden is maintained by one man, Werner Koch, in need of donations  —  The World's Email Encryption Software Relies on One Guy, Who is Going Broke  —  The man who built the free email encryption software used by whistleblower Edward Snowden …
Bloomberg Business:
Signs of China-Sponsored Hackers Seen in Anthem Attack  —  (Bloomberg) — Investigators of Anthem Inc.'s data breach are pursuing evidence that points to Chinese state-sponsored hackers who are stealing personal information from health-care companies for purposes other than pure profit, according to three people familiar with the probe.
Elizabeth Weise / USA Today:
Paul Sawers / VentureBeat:
13M downloads later, FiftyThree bets on stylus sales as its ‘Paper’ drawing app goes completely free  —  This exclusive gathering brings together the top 180 executives at the scenic Cavallo Point Resort in Sausalito, CA to discuss the latest mobile strategies.  See if you qualify here.
Kurt Wagner / Re/code:
Twitter restricts employee access to MAU metrics, making them only available on a need-to-know basis  —  Twitter Cuts Off Employee Access to Its Metrics  —  At Twitter, size matters.  —  There's no metric more important to the social network than the number of people that use the service …
More: VentureBeatTweets: @jyarow
Dan Primack / Fortune:
GrubHub moves into delivery, acquires DiningIn and agrees to buy Restaurants on the Run, for a total of $80M  —  GrubHub makes major move in restaurant delivery wars  —  GrubHub GRUB is a $3 billion company known for helping to connect hungry users with restaurants that will deliver them food.
The Verge:
Twitter CEO Dick Costolo takes personal responsibility for company's troll problem, vows stronger action against harrassment  —  Twitter CEO: ‘We suck at dealing with abuse’  —  Dick Costolo says trolls are costing Twitter users  —  Twitter CEO Dick Costolo is taking personal responsibility …
Associated Press:
RadioShack files for bankruptcy, will sell 2,400 of 4,000 stores; Sprint may create retail outlets in up to 1,750 stores  —  RadioShack files for bankruptcy protection, to sell stores … NEW YORK (AP) — Struggling electronics retailer RadioShack has filed for Chapter 11 bankruptcy protection …
JeeYeon Park / CNBC:
Pandora plunges more than 20% after missing estimates with $268M in revenue  —  Pandora plunges nearly 20% on revenue miss  —  Pandora plunged sharply after the music streaming company on Thursday reported quarterly revenue that missed Wall Street expectations and weaker-than-expected sales outlook.
Steven Tweedie / Business Insider:
You can now send ‘screenshot-proof’ documents and photos with Confide, the ‘Snapchat for business’  —  Confide wants to be the off-the-record messaging app for the business world.  On Wednesday it added two key features to its arsenal: screenshot-proof documents and photos.
Tatiana Siegel / Hollywood Reporter:
In wake of hack, Sony Pictures Co-Chairman Amy Pascal to step down  —  Amy Pascal to Step Down From Top Sony Post  —  Amid the fallout of the ever-widening Sony hacking crisis, Amy Pascal will step down from her post as co-chairman, Sony Pictures Entertainment, The Hollywood Reporter has confirmed.

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Sarah Frier / Bloomberg Business: