Techmeme: Previously Bootstrapped, GoFundMe Is Raising At A Valuation Of Around $500M (Matthew Lynley/TechCrunch)

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April 23, 2015, 8:45 PM

Top News

Alex Sherman / Bloomberg Business:

Sources: Comcast to drop proposed Time Warner Cable takeover deal after FCC staff recommends hearing; announcement as soon as Friday — Comcast Plans to Drop Time Warner Cable Deal — Comcast Corp. is planning to walk away from its proposed $45 billion takeover of Time Warner Cable Inc. …

Amazon.com:

Amazon.com Announces First Quarter Sales up 15% to $22.72 Billion — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2015. — Operating cash flow increased 47% to $7.84 billion for the trailing twelve months, compared with $5.35 billion …

More: BuzzFeed, The Register, BBC, Fortune, GeekWire and Business Insider. Tweets: @rsarver

Rachel King / ZDNet:

Amazon Web Services generated $5.16B in revenue last year, $1.57B in revenue last quarter, up from $1.1B in the same quarter last year — Amazon breaks out cloud results for first time on Q1 earnings report — Summary:Analysts and shareholders have been waiting many moons for Amazon …

Greg Bensinger / Wall Street Journal:

Amazon revenue up 15% YoY to $22.72B, posts net loss of $57M after $108M profit a year ago

More: The Atlantic Online, TechCrunch and New York Times. See also Mediagazer

Microsoft:

Microsoft FY15 Q3: Increasing usage of Azure, Office 365, Bing, and Xbox Live contributes to growth — Earnings Release FY15 Q3 — Strength in Microsoft Cloud Highlights Q3 Results Increasing usage of Microsoft Azure, Office 365, Bing and Xbox Live contributes to Q3 growth REDMOND …

More: Tech Trader Daily, The Verge, PCWorld, eWeek, BBC, Fortune, Marketing Land, USA Today, Business Insider, CNET, VentureBeat, Ubergizmo, Seeking Alpha, VentureBeat, Wired, Engadget, Bloomberg Business, PhoneDog.com, SlashGear and Windows Central. Tweets: @dinabass

Alex Wilhelm / TechCrunch:

Microsoft revenue grew 6% YoY to $21.7B, Surface revenue up 44%, Commercial Cloud revenue up 106%, Office 365 hits 12.4M subscribers

More: PCWorld, Re/code, Seeking Alpha and Windows Central

Stephanie M. Lee / BuzzFeed:

Apple shares list of must-have apps for Watch, including Twitter, Instagram, New York Times, Mint, Citymapper, Strava, and more, as Watch App Store goes live — Apple Thinks You Should Use These Apps On The Apple Watch — As the App Store for the Apple Watch goes live today, Apple reveals which apps it thinks are must-haves.

More: 9to5Mac, PC Magazine, Business Insider, The Verge, iPhone, Electronista, AppleInsider, TechnoBuffalo, iPhone in Canada Blog, InvestorPlace, MacStories, Touch Arcade and MacRumors

Tweets: @wjrothman, @reneritchie and @mgsiegler

Thanks:@stephaniemlee

Andrew Cunningham / Ars Technica:

Apple opens up the Apple Watch App Store with “more than 3,000 apps” — Day one developer support is an encouraging sign for early adopters. — The App Store tab in the Apple Watch app offers a list of prominent apps but no other sorting or search options.

More: 9to5Mac, MacRumors, Re/code, VentureBeat, GeekWire, iMore, ABC News, Mercury News, Techvibes Global News, Macworld, Marketing Land, Wall Street Journal, MacDailyNews, Gotta Be Mobile, Wall Street Journal, BGR and Wearable Tech Insider

Jacob Kastrenakes / The Verge:

Developers describe making Apple Watch apps with no access to the device, focusing on simplicity in first gen apps, and how apps will evolve

More: Cult of Mac and Digital Trends

Google:

Google Inc. Announces First Quarter 2015 Results — Google Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2015. — “Google's first quarter revenue was $17.3 billion, up 12% year on year. Excluding the net impact of foreign currency headwinds …

Rolfe Winkler / Wall Street Journal:

Google misses estimates with $17.26B revenue, rising US dollar and slowing growth to blame

More: 9to5Google and New York Times

Sarah Perez / TechCrunch:

Dropbox's Collaborative Note-Taking Service, Dropbox Notes, Heads Into Beta Testing — Earlier this month, Dropbox was spotted testing an early version of an online note-taking service dubbed “Project Composer,” which appeared to have roots in the company's 2014 acquisition of collaborative docs startup HackPad.

More: The Verge, Pocket-lint and ResearchBuzz

Tom Fairless / Wall Street Journal:

Internal policy document reveals EU is considering creating a powerful new regulator to oversee Internet platforms, many of which are US-based — EU Considers Creating Powerful Regulator to Oversee Web Platforms — New body would oversee a swath of mainly U.S.-based Internet companies

More: Engadget, The Verge and Business Insider

Amir Mizroch / Wall Street Journal:

European Commission to unveil “single digital market” proposal May 6, to unify laws on tax, data, copyright and more across member states, to compete with US

More: theWHIR.com, AppleInsider, POLITICO, The Sofia Globe and Fast Company. Tweets: @amirmizroch

Jason Del Rey / Re/code:

Instacart Finally Tells You When It's Charging You More Than Stores — As Instacart, the grocery delivery service, has grown in popularity, one unanswered question has followed: Am I paying more on Instacart than I would if I bought the same food in a store? — Now Instacart says it's ready to be transparent about that answer.

Tweets: @delrey, @delrey, @mikeisaac and @caseynewton

Jon Russell / TechCrunch:

Xiaomi unveils Mi 4i for around $205 in India, with 5-inch Full HD display, 13MP camera, Snapdragon 615, and LTE — Xiaomi's New Mi4i Packs A Gamut Of High-End Features Into A $200 Smartphone — Xiaomi today took the wraps of off its newest smartphone, the Mi4i, at an event in New Delhi, India.

More: VentureBeat, The Next Web, The Verge, New York Times, Neowin, Android Authority, Digital Media Wire, Business Insider, ZDNet, TechnoBuffalo, CNET, AndroidGuys, BetaNews, The Techolic, Android Police and Mobile Industry Review

Mike Shields / Wall Street Journal:

Google launches free tool to help AdSense publishers recommend more articles to their readers — Google Edges Further Into Hot Content Recommendation Sector — Google has rolled out a new free product designed to make it easier for Web publishers to get people to stick around on their sites longer.

More: Inside AdSense, Marketing Land, Search Engine Roundtable, AdExchanger, WebProNews and ECPM BLOG. Tweets: @rafat. See also Mediagazer

Matthew Lynley / TechCrunch:

Previously Bootstrapped, GoFundMe Is Raising At A Valuation Of Around $500M — TechCrunch is hearing from a few sources that GoFundMe, a crowdfunding and fundraising startup, is seeking venture financing after bootstrapping the company since 2008. — According to those sources …

Thanks:@mattlynley

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